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SAR Televenture IPO vs Vrundavan Plantation IPO

Comparison between SAR Televenture IPO and Vrundavan Plantation IPO.

IPO Details

SAR Televenture IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vrundavan Plantation IPO is a SME Fixed Price proposed to list at BSE SME.

 SAR Televenture IPOVrundavan Plantation IPO
LogoSAR Televenture IPO LogoVrundavan Plantation IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerR.K.Stock Holding Pvt.Ltd.Nikunj Stock Brokers 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 SAR Televenture IPO is up to ₹23.49 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹14.52 Cr. The final issue price of SAR Televenture IPO is ₹55.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.

 SAR Televenture IPOVrundavan Plantation IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹52.00 per share
Issue Price (Upper)₹55.00 per share
Issue Price (Final)₹55.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size42,70,000 shares13,44,000 shares
Fresh Issue Size (Amount)up to ₹23.49 Crup to ₹14.52 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total42,70,000 shares13,44,000 shares
Issue Size Total (Amount)up to ₹23.49 Crup to ₹14.52 Cr

IPO Timetable

SAR Televenture IPO opens on Nov 01, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of SAR Televenture IPO and Vrundavan Plantation IPO is Nov 03, 2023, and Nov 01, 2023, respectively.

 SAR Televenture IPOVrundavan Plantation IPO
Anchor Bid DateOct 31, 2023
Issue OpenNov 01, 2023Oct 30, 2023
Issue CloseNov 03, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Nov 06, 2023Nov 05, 2023
Initiation of Refunds (Tentative)Nov 07, 2023Nov 06, 2023
Credit of Share (Tentative)Nov 07, 2023Nov 06, 2023
Listing date (Tentative)Nov 08, 2023Nov 06, 2023
Anchor Lockin End date 1Dec 06, 2023
Anchor Lockin End date 2Feb 04, 2024

Financials & KPIs

SAR Televenture IPO P/E ratio is 0.6, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.

 SAR Televenture IPOVrundavan Plantation IPO
Financials

SAR Televenture Limited Financial Information (Restated Consolidated)

SAR Televenture Limited's revenue increased by 584.05% and profit after tax (PAT) rose by 10367.92% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,324.772,420.77410.83144.82
Total Income1,735.353,251.63475.3590.71
Profit After Tax192.38388.363.71-2.71
Net Worth3,324.401,178.72-7.74-11.57
Reserves and Surplus3,114.401,113.42-11.91-15.62
Total Borrowing752.18839.01337.09136.87
Amount in ₹ Lakhs

Vrundavan Plantation Limited Financial Information (Restated)

Period Ended31 May 2023
Assets2,321.67
Total Income180.68
Profit After Tax17.33
Net Worth413.82
Reserves and Surplus22.15
Total Borrowing17.47
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)87.8085.29
Promoter Shareholding (Post-Issue)62.65
P/E Ratio0.634.62
Market Cap₹82.50 Cr.₹57.59 Cr.
ROE8.35%
ROCE6.71%
Debt/Equity0.650.47
EPS₹91.08₹0.52
RoNW32.95%4.19%

Shares Offered

In the SAR Televenture IPO Retail Individual Investors (RII) are offered 15,00,000 shares while in Vrundavan Plantation IPO retail investors are offered 15,00,000 shares. Qualified Institutional Buyers (QIB) are offered 8,48,000 shares in SAR Televenture IPO and in Vrundavan Plantation IPO.

 SAR Televenture IPOVrundavan Plantation IPO
Anchor Investor Reserveration12,72,000 shares
Market Maker Reserveration2,30,000 shares72,000 shares
QIB8,48,000 shares
NII6,50,000 shares6,72,000 shares
RII15,00,000 shares6,72,000 shares
Employee
Others
Total42,70,000 shares13,44,000 shares

Bids Received (Subscription)

SAR Televenture IPO subscribed 288.09x in total, whereas Vrundavan Plantation IPO subscribed 18.57x.

 SAR Televenture IPOVrundavan Plantation IPO
QIB (times)77.00x
NII (times)715.77x11.60x
Big NII (times)
Small NII (times)
RII (times)222.10x25.51x
Employee (times)
Other (times)
Total (times)288.09x18.57x