Comparison between Reetech International Cargo IPO and Vedant Asset IPO.
IPO Details
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.
Issue Size and Price
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 (Final) | ₹105.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| 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 |
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Reetech International Cargo IPO P/E ratio is 10.64, as compared to Vedant Asset IPO P/E ratio of 80.
Shares Offered
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 0 shares in Reetech International Cargo IPO and in Vedant Asset IPO.
| | Reetech International Cargo IPO | Vedant Asset IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 56,400 shares | 42,000 shares |
| QIB | 0 shares | |
| NII | 5,29,200 shares | 3,54,000 shares |
| RII | 5,29,200 shares | 3,54,000 shares |
| Employee | 0 shares | |
| Total | 10,58,400 shares | 7,08,000 shares |
Bids Received (Subscription)
Reetech International Cargo IPO subscribed 1.67x in total, whereas Vedant Asset IPO subscribed 49.07x.
