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Patron Exim IPO vs Viaz Tyres IPO

Comparison between Patron Exim IPO and Viaz Tyres IPO.

IPO Details

Patron Exim IPO is a SME Fixed Price IPO proposed to list at BSE SME while Viaz Tyres IPO is a SME Fixed Price proposed to list at NSE SME.

 Patron Exim IPOViaz Tyres IPO
LogoPatron Exim IPO LogoViaz Tyres IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersInteractive Financial Services Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Patron Exim IPO is up to ₹15.83 Cr whereas the issue size of the Viaz Tyres IPO is up to ₹19.00 Cr. The final issue price of Patron Exim IPO is ₹27.00 per share and of Viaz Tyres IPO is ₹62.00 per share.

 Patron Exim IPOViaz Tyres IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹27.00 per share₹62.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares2000 shares
Fresh Issue Size58,64,000 shares30,64,000 shares
Fresh Issue Size (Amount)up to ₹15.83 Crup to ₹19.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total58,64,000 shares30,64,000 shares
Issue Size Total (Amount)up to ₹15.83 Crup to ₹19.00 Cr

IPO Timetable

Patron Exim IPO opens on Feb 21, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of Patron Exim IPO and Viaz Tyres IPO is Feb 24, 2023, and Feb 21, 2023, respectively.

 Patron Exim IPOViaz Tyres IPO
Anchor Bid Date
Issue OpenFeb 21, 2023Feb 16, 2023
Issue CloseFeb 24, 2023Feb 21, 2023
Basis Of Allotment (Tentative)Mar 01, 2023Feb 24, 2023
Initiation of Refunds (Tentative)Mar 02, 2023Feb 27, 2023
Credit of Share (Tentative)Mar 03, 2023Feb 28, 2023
Listing date (Tentative)Mar 06, 2023Mar 01, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Patron Exim IPO P/E ratio is 28.72, as compared to Viaz Tyres IPO P/E ratio of 24.9.

 Patron Exim IPOViaz Tyres IPO
Financials
Patron Exim Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-201,634.012,516.442.20259.43137.18
31-Mar-21810.932,053.727.31270.43236.99
31-Mar-221,464.57501.6183.11514.460.00
30-Nov-222,447.611,054.12145.411,625.87617.64
Amount in ₹ Lakhs
Viaz Tyres Limited Financial Information (Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-202,429.971,994.3714.51432.931,895.94
31-Mar-212,713.322,917.2660.64493.562,047.89
31-Mar-222,898.382,933.04146.91640.471,996.09
30-Sep-223,405.872,379.10152.721,098.192,003.36
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)97.0699.2
Promoter Shareholding (Post-Issue)71.1873.07
P/E Ratio28.7224.9
Market Cap₹62.59 Cr.₹75.96 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Patron Exim IPO Retail Individual Investors (RII) are offered 29,32,000 shares while in Viaz Tyres IPO retail investors are offered 29,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Patron Exim IPO and in Viaz Tyres IPO.

 Patron Exim IPOViaz Tyres IPO
Anchor Investor Reserveration
Market Maker Reserveration3,16,000 shares1,62,000 shares
QIB
NII29,32,000 shares15,32,000 shares
RII29,32,000 shares15,32,000 shares
Employee
Others
Total58,64,000 shares30,64,000 shares

Bids Received (Subscription)

Patron Exim IPO subscribed 1.07x in total, whereas Viaz Tyres IPO subscribed 5.79x.

 Patron Exim IPOViaz Tyres IPO
QIB (times)
NII (times)0.97x5.33x
Big NII (times)
Small NII (times)
RII (times)1.17x6.25x
Employee (times)
Other (times)
Total (times)1.07x5.79x