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ResGen IPO vs Vertexplus Technologies IPO

Comparison between ResGen IPO and Vertexplus Technologies IPO.

IPO Details

ResGen IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vertexplus Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

 ResGen IPOVertexplus Technologies IPO
LogoResGen IPO LogoVertexplus Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersGretex Corporate Services Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Prabhat Financial Services Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of ResGen IPO is up to ₹26.79 Cr whereas the issue size of the Vertexplus Technologies IPO is up to ₹13.49 Cr. The final issue price of ResGen IPO is ₹47.00 per share and of Vertexplus Technologies IPO is ₹96.00 per share.

 ResGen IPOVertexplus Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹45.00 per share₹91.00 per share
Issue Price (Upper)₹47.00 per share₹96.00 per share
Issue Price (Final)₹47.00 per share₹96.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1200 shares
Fresh Issue Size57,00,000 shares14,05,200 shares
Fresh Issue Size (Amount)up to ₹26.79 Crup to ₹13.49 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total57,00,000 shares14,05,200 shares
Issue Size Total (Amount)up to ₹26.79 Crup to ₹13.49 Cr

IPO Timetable

ResGen IPO opens on Feb 28, 2023, while Vertexplus Technologies IPO opens on Mar 02, 2023. The closing date of ResGen IPO and Vertexplus Technologies IPO is Mar 02, 2023, and Mar 06, 2023, respectively.

 ResGen IPOVertexplus Technologies IPO
Anchor Bid DateFeb 27, 2023Mar 01, 2023
Issue OpenFeb 28, 2023Mar 02, 2023
Issue CloseMar 02, 2023Mar 06, 2023
Basis Of Allotment (Tentative)Mar 08, 2023Mar 10, 2023
Initiation of Refunds (Tentative)Mar 09, 2023Mar 13, 2023
Credit of Share (Tentative)Mar 10, 2023Mar 14, 2023
Listing date (Tentative)Mar 13, 2023Mar 15, 2023
Anchor Lockin End date 1Apr 07, 2023Apr 09, 2023
Anchor Lockin End date 2Jun 06, 2023Jun 08, 2023

Financials & KPIs

ResGen IPO P/E ratio is 27.33, as compared to Vertexplus Technologies IPO P/E ratio of 28.83.

 ResGen IPOVertexplus Technologies IPO
Financials
ResGen Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20161.78-15.15136.13-18.3724.05
31-Mar-211,110.012.000.63136.76-17.74961.33
31-Mar-221,371.31480.8173.50367.46147.46932.92
05-Dec-223,917.971,265.34246.441,510.301,091.101,486.06
Amount in ₹ Lakhs
Vertexplus Technologies Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20989.701,963.9261.23380.37379.37209.55
31-Mar-211,103.712,025.61104.98487.15486.15227.40
31-Mar-221,308.762,132.04186.05673.11273.11279.15
30-Sep-221,599.171,091.7191.26807.62407.62360.61
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)94.15100.00
Promoter Shareholding (Post-Issue)67.22
P/E Ratio27.3328.83
Market Cap₹98.58 Cr.₹52.60 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the ResGen IPO Retail Individual Investors (RII) are offered 19,98,000 shares while in Vertexplus Technologies IPO retail investors are offered 19,98,000 shares. Qualified Institutional Buyers (QIB) are offered 11,28,000 shares in ResGen IPO and 2,86,800 shares in Vertexplus Technologies IPO.

 ResGen IPOVertexplus Technologies IPO
Anchor Investor Reserveration16,92,000 shares4,15,200 shares
Market Maker Reserveration3,00,000 shares74,400 shares
QIB11,28,000 shares2,86,800 shares
NII8,82,000 shares2,11,200 shares
RII19,98,000 shares4,92,000 shares
Employee
Others
Total57,00,000 shares14,05,200 shares

Bids Received (Subscription)

ResGen IPO subscribed 2.50x in total, whereas Vertexplus Technologies IPO subscribed 11.01x.

 ResGen IPOVertexplus Technologies IPO
QIB (times)1.09x1.43x
NII (times)3.87x35.15x
Big NII (times)
Small NII (times)
RII (times)3.88x15.53x
Employee (times)
Other (times)
Total (times)2.50x11.01x