Sharp Chucks IPO vs Vinyas Innovative Technologies IPO

Comparison between Sharp Chucks IPO and Vinyas Innovative Technologies IPO.

IPO Details

Sharp Chucks IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vinyas Innovative Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

	Sharp Chucks IPO	Vinyas Innovative Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Fedex Securities Pvt.Ltd.	Sarthi Capital Advisors Pvt.Ltd.
Registrar	Skyline Financial Services Pvt.Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Gretex Share Broking 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 Sharp Chucks IPO is up to ₹15.98 Cr whereas the issue size of the Vinyas Innovative Technologies IPO is up to ₹51.92 Cr. The final issue price of Sharp Chucks IPO is ₹58.00 per share and of Vinyas Innovative Technologies IPO is ₹165.00 per share.

	Sharp Chucks IPO	Vinyas Innovative Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹162.00 per share
Issue Price (Upper)		₹165.00 per share
Issue Price (Final)	₹58.00 per share	₹165.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	800 shares
Fresh Issue Size	8,27,484 shares	31,46,400 shares
Fresh Issue Size (Amount)	up to ₹4.80 Cr	up to ₹51.92 Cr
OFS Issue Size	19,28,516 shares	0 shares
OFS Issue Size (Amount)	up to ₹11.19 Cr	up to ₹0.00 Cr
Issue Size Total	27,56,000 shares	31,46,400 shares
Issue Size Total (Amount)	up to ₹15.98 Cr	up to ₹51.92 Cr

IPO Timetable

Sharp Chucks IPO opens on Sep 29, 2023, while Vinyas Innovative Technologies IPO opens on Sep 27, 2023. The closing date of Sharp Chucks IPO and Vinyas Innovative Technologies IPO is Oct 05, 2023, and Oct 03, 2023, respectively.

	Sharp Chucks IPO	Vinyas Innovative Technologies IPO
Anchor Bid Date		Sep 26, 2023
Issue Open	Sep 29, 2023	Sep 27, 2023
Issue Close	Oct 05, 2023	Oct 03, 2023
Basis Of Allotment (Tentative)	Oct 09, 2023	Oct 04, 2023
Initiation of Refunds (Tentative)	Oct 10, 2023	Oct 05, 2023
Credit of Share (Tentative)	Oct 11, 2023	Oct 05, 2023
Listing date (Tentative)	Oct 12, 2023	Oct 06, 2023
Anchor Lockin End date 1		Nov 03, 2023
Anchor Lockin End date 2		Jan 02, 2024

Financials & KPIs

Sharp Chucks IPO P/E ratio is 11.2, as compared to Vinyas Innovative Technologies IPO P/E ratio of 8.4.

Sharp Chucks IPO

Vinyas Innovative Technologies IPO

Financials

Sharp Chucks And Machines IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	13,397.98	18,392.09	18,003.58
Total Income	13,583.11	15,252.23	17,931.45
Profit After Tax	330.96	452.62	506.50
Net Worth	4,275.67	4,728.29	5,234.79
Reserves and Surplus	3,297.24	3,749.86	4,256.36
Total Borrowing	6,305.37	10,269.35	9,034.20

Amount in ₹ Lakhs

Vinyas Innovative Technologies IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	18,458.95	22,149.04	21,598.64
Total Income	20,780.50	21,216.30	23,885.41
Profit After Tax	123.15	100.88	734.34
Net Worth	3,069.38	3,144.74	4,522.99
Reserves and Surplus	2,695.17	2,770.54	4,178.79
Total Borrowing	9,365.89	9,542.58	8,571.01

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

80.28

39.87

Promoter Shareholding (Post-Issue)

73.00

29.37

P/E Ratio

11.2

8.4

Market Cap

₹62.41 Cr.

₹207.65 Cr.

ROE

10.17%

16.13%

ROCE

11.00%

35.20%

Debt/Equity

1.73

1.88

EPS

₹5.18

₹19.62

RoNW

9.68%

16.13%

Shares Offered

In the Sharp Chucks IPO Retail Individual Investors (RII) are offered 13,78,000 shares while in Vinyas Innovative Technologies IPO retail investors are offered 13,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Sharp Chucks IPO and 6,29,600 shares in Vinyas Innovative Technologies IPO.

	Sharp Chucks IPO	Vinyas Innovative Technologies IPO
Anchor Investor Reserveration		9,43,200 shares
Market Maker Reserveration	1,48,000 shares	1,66,400 shares
QIB		6,29,600 shares
NII	13,78,000 shares	4,72,000 shares
RII	13,78,000 shares	11,01,600 shares
Employee
Others
Total	27,56,000 shares	31,46,400 shares

Bids Received (Subscription)

Sharp Chucks IPO subscribed 54.20x in total, whereas Vinyas Innovative Technologies IPO subscribed 43.24x.

	Sharp Chucks IPO	Vinyas Innovative Technologies IPO
QIB (times)		42.74x
NII (times)	38.76x	95.16x
Big NII (times)
Small NII (times)
RII (times)	63.69x	21.27x
Employee (times)
Other (times)
Total (times)	54.20x	43.24x

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