Comparison between Reetech International Cargo IPO and Vedant Asset IPO.
Reetech International Cargo IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vedant Asset IPO is a SME Fixed Price proposed to list at BSE SME.
| Reetech International Cargo IPO | Vedant Asset IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Hem Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Reetech International Cargo IPO is up to ₹11.11 Cr whereas the issue size of the Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Reetech International Cargo IPO is ₹105.00 per share and of Vedant Asset IPO is ₹40.00 per share.
| Reetech International Cargo IPO | Vedant Asset IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹105.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 5,41,200 shares | 7,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.68 Cr | up to ₹2.83 Cr |
| OFS Issue Size | 5,17,200 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹5.43 Cr | up to ₹0.00 Cr |
| Issue Size Total | 10,58,400 shares | 7,08,000 shares |
| Issue Size Total (Amount) | up to ₹11.11 Cr | up to ₹2.83 Cr |
Reetech International Cargo IPO opens on Sep 27, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Reetech International Cargo IPO and Vedant Asset IPO is Sep 29, 2022, and Oct 04, 2022, respectively.
| Reetech International Cargo IPO | Vedant Asset IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 27, 2022 | Sep 30, 2022 |
| Issue Close | Sep 29, 2022 | Oct 04, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 10, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 11, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 12, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 12, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Reetech International Cargo IPO P/E ratio is 10.64, as compared to Vedant Asset IPO P/E ratio of 80.
| Reetech International Cargo IPO | Vedant Asset IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.62 | 72.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.64 | 80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹44.39 Cr. | ₹11.05 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 71.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.50 | ₹0.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.09 | 6.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Reetech International Cargo IPO Retail Individual Investors (RII) are offered 5,29,200 shares while in Vedant Asset IPO retail investors are offered 5,29,200 shares. Qualified Institutional Buyers (QIB) are offered in Reetech International Cargo IPO and in Vedant Asset IPO.
| Reetech International Cargo IPO | Vedant Asset IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 56,400 shares | 42,000 shares |
| QIB | ||
| NII | 5,29,200 shares | 3,54,000 shares |
| RII | 5,29,200 shares | 3,54,000 shares |
| Employee | ||
| Others | ||
| Total | 10,58,400 shares | 7,08,000 shares |
Reetech International Cargo IPO subscribed 1.67x in total, whereas Vedant Asset IPO subscribed 49.07x.
| Reetech International Cargo IPO | Vedant Asset IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.43x | 42.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.92x | 55.16x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.67x | 49.07x |
