Pune E-Stock Broking IPO vs V R Infraspace IPO

Comparison between Pune E-Stock Broking IPO and V R Infraspace IPO.

IPO Details

Pune E-Stock Broking IPO is a SME Fixed Price IPO proposed to list at BSE SME while V R Infraspace IPO is a SME Fixed Price proposed to list at NSE SME.

	Pune E-Stock Broking IPO	V R Infraspace IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	BSE SME	NSE SME
Lead Managers	Share India Capital Services Pvt.Ltd.	Beeline Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Share India Securities Ltd.	Spread X Securities Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Pune E-Stock Broking IPO is up to ₹32.50 Cr whereas the issue size of the V R Infraspace IPO is up to ₹19.37 Cr. The final issue price of Pune E-Stock Broking IPO is ₹83.00 per share and of V R Infraspace IPO is ₹85.00 per share.

	Pune E-Stock Broking IPO	V R Infraspace IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹78.00 per share
Issue Price (Upper)	₹83.00 per share
Issue Price (Final)	₹83.00 per share	₹85.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	39,15,200 shares	22,78,400 shares
Fresh Issue Size (Amount)	up to ₹32.50 Cr	up to ₹19.37 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	39,15,200 shares	22,78,400 shares
Issue Size Total (Amount)	up to ₹32.50 Cr	up to ₹19.37 Cr

IPO Timetable

Pune E-Stock Broking IPO opens on Mar 07, 2024, while V R Infraspace IPO opens on Mar 04, 2024. The closing date of Pune E-Stock Broking IPO and V R Infraspace IPO is Mar 12, 2024, and Mar 06, 2024, respectively.

	Pune E-Stock Broking IPO	V R Infraspace IPO
Anchor Bid Date	Mar 06, 2024
Issue Open	Mar 07, 2024	Mar 04, 2024
Issue Close	Mar 12, 2024	Mar 06, 2024
Basis Of Allotment (Tentative)	Mar 13, 2024	Mar 07, 2024
Initiation of Refunds (Tentative)	Mar 14, 2024	Mar 11, 2024
Credit of Share (Tentative)	Mar 14, 2024	Mar 11, 2024
Listing date (Tentative)	Mar 15, 2024	Mar 12, 2024
Anchor Lockin End date 1	Apr 12, 2024
Anchor Lockin End date 2	Jun 11, 2024

Financials & KPIs

Pune E-Stock Broking IPO P/E ratio is 9.5, as compared to V R Infraspace IPO P/E ratio of 20.99.

Pune E-Stock Broking IPO

V R Infraspace IPO

Financials

Pune E-Stock Broking Limited Financial Information (Restated Consolidated)

Pune E-Stock Broking Limited's revenue decreased by -12.06% and profit after tax (PAT) dropped by -4.69% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	22,224.76	15,801.00	16,314.24	13,288.68
Total Income	3,010.80	4,103.10	4,665.70	3,474.64
Profit After Tax	610.67	964.52	1,012.03	650.48
Net Worth	8,259.66	7,654.66	6,754.55	5,806.65
Reserves and Surplus	7,155.22	6,918.36	6,018.26	5,070.35
Total Borrowing	826.19	1,853.74	1,640.17	1,195.00
Amount in ₹ Lakhs

V R Infraspace Limited Financial Information (Restated Consolidated)

V R Infraspace Limited's revenue increased by 35.16% and profit after tax (PAT) rose by 229.16% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,117.91	4,328.38	4,920.59	5,479.20
Total Income	732.41	1,875.53	1,387.65	1,348.70
Profit After Tax	89.54	262.47	79.74	72.04
Net Worth	1,290.10	1,211.86	949.39	869.65
Reserves and Surplus	642.10	563.86	301.39	221.65
Total Borrowing	661.36	971.87	1,038.55	1,676.31
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

72.75

100

Promoter Shareholding (Post-Issue)

51.34

72.97

P/E Ratio

9.5

20.99

Market Cap

₹129.90 Cr.

₹75.48 Cr.

ROE

7.30%

7.16%

ROCE

8.25%

6.12%

Debt/Equity

0.51

EPS

₹8.73

₹4.05

RoNW

7.39%

6.94%

Shares Offered

In the Pune E-Stock Broking IPO Retail Individual Investors (RII) are offered 13,71,200 shares while in V R Infraspace IPO retail investors are offered 13,71,200 shares. Qualified Institutional Buyers (QIB) are offered 7,82,400 shares in Pune E-Stock Broking IPO and in V R Infraspace IPO.

	Pune E-Stock Broking IPO	V R Infraspace IPO
Anchor Investor Reserveration	11,72,800 shares
Market Maker Reserveration	6,91,200 shares	1,21,600 shares
QIB	7,82,400 shares
NII	5,88,800 shares	11,39,200 shares
RII	13,71,200 shares	11,39,200 shares
Employee
Others
Total	39,15,200 shares	22,78,400 shares

Bids Received (Subscription)

Pune E-Stock Broking IPO subscribed 371.16x in total, whereas V R Infraspace IPO subscribed 93.41x.

	Pune E-Stock Broking IPO	V R Infraspace IPO
QIB (times)	123.02x
NII (times)	775.99x	85.21x
Big NII (times)
Small NII (times)
RII (times)	338.92x	90.55x
Employee (times)
Other (times)
Total (times)	371.16x	93.41x

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