Petro Carbon IPO vs Visaman Global Sales IPO

Comparison between Petro Carbon IPO and Visaman Global Sales IPO.

IPO Details

Petro Carbon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Visaman Global Sales IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Petro Carbon IPO is up to ₹105.80 Cr whereas the issue size of the Visaman Global Sales IPO is up to ₹15.22 Cr. The final issue price of Petro Carbon IPO is ₹171.00 per share and of Visaman Global Sales IPO is ₹43.00 per share.

 Petro Carbon IPOVisaman Global Sales IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹162.00 per share
Issue Price (Upper)₹171.00 per share
Issue Price (Final)₹171.00 per share₹43.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares3000 shares
Fresh Issue Size0 shares35,40,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹15.22 Cr
OFS Issue Size61,87,200 shares0 shares
OFS Issue Size (Amount)up to ₹105.80 Crup to ₹0.00 Cr
Issue Size Total61,87,200 shares35,40,000 shares
Issue Size Total (Amount)up to ₹105.80 Crup to ₹15.22 Cr

IPO Timetable

Petro Carbon IPO opens on Jun 25, 2024, while Visaman Global Sales IPO opens on Jun 24, 2024. The closing date of Petro Carbon IPO and Visaman Global Sales IPO is Jun 27, 2024, and Jun 26, 2024, respectively.

 Petro Carbon IPOVisaman Global Sales IPO
Anchor Bid DateJun 24, 2024
Issue OpenJun 25, 2024Jun 24, 2024
Issue CloseJun 27, 2024Jun 26, 2024
Basis Of Allotment (Tentative)Jun 28, 2024Jun 27, 2024
Initiation of Refunds (Tentative)Jul 01, 2024Jun 28, 2024
Credit of Share (Tentative)Jul 01, 2024Jun 28, 2024
Listing date (Tentative)Jul 02, 2024Jul 01, 2024
Anchor Lockin End date 1Jul 28, 2024
Anchor Lockin End date 2Sep 26, 2024

Financials & KPIs

Petro Carbon IPO P/E ratio is 66.02, as compared to Visaman Global Sales IPO P/E ratio of 38.25.

 Petro Carbon IPOVisaman Global Sales IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets274.32263.79277.04159.92
Total Income447.11517.61279.91155.29
Profit After Tax70.316.735.710.12
NET Worth106.5337.5330.8025.09
Reserves and Surplus125.2855.6149.7344.90
Total Borrowing80.63175.83194.1881.82
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets80.0258.6439.8227.27
Total Income206.91376.05324.07136.36
Profit After Tax1.021.130.950.33
NET Worth10.959.946.605.66
Reserves and Surplus3.952.941.800.86
Total Borrowing56.9143.4613.867.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)72.98
P/E Ratio66.0238.25
Market Cap₹59.39 Cr.
ROE9.28%
ROCE60.36%8.02%
Debt/Equity0.545.20
EPS₹1.12
RoNW66.00%9.28%

Shares Offered

In the Petro Carbon IPO Retail Individual Investors (RII) are offered 21,66,400 shares while in Visaman Global Sales IPO retail investors are offered 21,66,400 shares. Qualified Institutional Buyers (QIB) are offered 12,36,800 shares in Petro Carbon IPO and 0 shares in Visaman Global Sales IPO.

 Petro Carbon IPOVisaman Global Sales IPO
Anchor Investor Reservation18,55,200 shares0 shares
Market Maker Reservation4,30,400 shares1,92,000 shares
QIB12,36,800 shares0 shares
NII9,28,800 shares17,70,000 shares
RII21,66,400 shares17,70,000 shares
Employee0 shares
Others
Total61,87,200 shares35,40,000 shares

Bids Received (Subscription)

Petro Carbon IPO subscribed 92.01x in total, whereas Visaman Global Sales IPO subscribed 42.20x.

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