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.
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.
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 IPO | Viaz Tyres IPO |
|---|
| Issue Open | Feb 21, 2023 | Feb 16, 2023 |
| Issue Close | Feb 24, 2023 | Feb 21, 2023 |
| Basis Of Allotment (Tentative) | Mar 01, 2023 | Feb 24, 2023 |
| Initiation of Refunds (Tentative) | Mar 02, 2023 | Feb 27, 2023 |
| Credit of Share (Tentative) | Mar 03, 2023 | Feb 28, 2023 |
| Listing date (Tentative) | Mar 06, 2023 | Mar 01, 2023 |
Financials & KPIs
Patron Exim IPO P/E ratio is 28.72, as compared to Viaz Tyres IPO P/E ratio of 24.9.
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 IPO | Viaz Tyres IPO |
|---|
| Market Maker Reservation | 3,16,000 shares | 1,62,000 shares |
| NII | 29,32,000 shares | 15,32,000 shares |
| RII | 29,32,000 shares | 15,32,000 shares |
| Total | 58,64,000 shares | 30,64,000 shares |
Bids Received (Subscription)
Patron Exim IPO subscribed 1.07x in total, whereas Viaz Tyres IPO subscribed 5.79x.
