Comparison between Omfurn India FPO and Vruddhi Engineering Works IPO.
Omfurn India FPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vruddhi Engineering Works IPO is a SME Bookbuilding proposed to list at BSE SME.
| Omfurn India FPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | FPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Omfurn India FPO is up to ₹25.65 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.51 Cr. The final issue price of Omfurn India FPO is ₹75.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.
| Omfurn India FPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | ₹66.00 per share |
| Issue Price (Upper) | ₹75.00 per share | ₹70.00 per share |
| Issue Price (Final) | ₹75.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2400 shares | 2000 shares |
| Fresh Issue Size | 34,20,000 shares | 6,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹25.65 Cr | up to ₹4.51 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 34,20,000 shares | 6,44,000 shares |
| Issue Size Total (Amount) | up to ₹25.65 Cr | up to ₹4.51 Cr |
Omfurn India FPO opens on Mar 20, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of Omfurn India FPO and Vruddhi Engineering Works IPO is Mar 22, 2024, and Mar 28, 2024, respectively.
| Omfurn India FPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Anchor Bid Date | Mar 19, 2024 | |
| Issue Open | Mar 20, 2024 | Mar 26, 2024 |
| Issue Close | Mar 22, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Mar 26, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Mar 27, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Mar 27, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Mar 28, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | Apr 25, 2024 | |
| Anchor Lockin End date 2 | Jun 24, 2024 |
Omfurn India FPO P/E ratio is 14.78, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.
| Omfurn India FPO | Vruddhi Engineering Works IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 73.40 | 96.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 50.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.78 | 17.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹88.31 Cr. | ₹17.67 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.10% | 16.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.28% | 15.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.08 | ₹4.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.10% | 16.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Omfurn India FPO Retail Individual Investors (RII) are offered 11,97,600 shares while in Vruddhi Engineering Works IPO retail investors are offered 11,97,600 shares. Qualified Institutional Buyers (QIB) are offered 11,73,600 shares in Omfurn India FPO and 3,20,000 shares in Vruddhi Engineering Works IPO.
| Omfurn India FPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,35,200 shares | |
| Market Maker Reservation | 1,80,000 shares | 36,000 shares |
| QIB | 11,73,600 shares | 3,20,000 shares |
| NII | 5,13,600 shares | 98,000 shares |
| RII | 11,97,600 shares | 2,26,000 shares |
| Employee | ||
| Others | ||
| Total | 34,20,000 shares | 6,44,000 shares |
Omfurn India FPO subscribed 3.57x in total, whereas Vruddhi Engineering Works IPO subscribed 12.67x.
| Omfurn India FPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| QIB (times) | 1.00x | 1.05x |
| NII (times) | 3.02x | 28.14x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.33x | 20.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.57x | 12.67x |
