Vaidya Sane Ayurved Laboratories IPO vs Shigan Quantum Technologies IPO

Comparison between Vaidya Sane Ayurved Laboratories IPO and Shigan Quantum Technologies IPO.

IPO Details

Vaidya Sane Ayurved Laboratories IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shigan Quantum Technologies IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Vaidya Sane Ayurved Laboratories IPO is up to ₹19.20 Cr whereas the issue size of the Shigan Quantum Technologies IPO is up to ₹21.56 Cr. The final issue price of Vaidya Sane Ayurved Laboratories IPO is ₹73.00 per share and of Shigan Quantum Technologies IPO is ₹50.00 per share.

 Vaidya Sane Ayurved Laboratories IPOShigan Quantum Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹73.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size26,30,400 shares43,11,000 shares
Fresh Issue Size (Amount)up to ₹19.20 Crup to ₹21.56 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,30,400 shares43,11,000 shares
Issue Size Total (Amount)up to ₹19.20 Crup to ₹21.56 Cr

IPO Timetable

Vaidya Sane Ayurved Laboratories IPO opens on Feb 10, 2022, while Shigan Quantum Technologies IPO opens on Feb 28, 2022. The closing date of Vaidya Sane Ayurved Laboratories IPO and Shigan Quantum Technologies IPO is Feb 15, 2022, and Mar 03, 2022, respectively.

 Vaidya Sane Ayurved Laboratories IPOShigan Quantum Technologies IPO
Issue OpenFeb 10, 2022Feb 28, 2022
Issue CloseFeb 15, 2022Mar 03, 2022
Basis Of Allotment (Tentative)Feb 18, 2022Mar 08, 2022
Initiation of Refunds (Tentative)Feb 21, 2022Mar 09, 2022
Credit of Share (Tentative)Feb 22, 2022Mar 10, 2022
Listing date (Tentative)Feb 23, 2022Mar 11, 2022

Financials & KPIs

Vaidya Sane Ayurved Laboratories IPO P/E ratio is 28.29, as compared to Shigan Quantum Technologies IPO P/E ratio of 12.41.

 Vaidya Sane Ayurved Laboratories IPOShigan Quantum Technologies IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets25.7825.8129.1128.88
Total Income31.5752.2875.3062.57
Profit After Tax1.351.55-0.560.50
EBITDA2.614.632.713.04
NET Worth11.129.778.228.78
Reserves and Surplus4.159.728.178.74
Total Borrowing1.781.025.971.78
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Aug 202131 Mar 202131 Mar 202031 Mar 2019
Assets46.7945.3024.7322.06
Total Income64.4096.0272.7969.08
Profit After Tax2.893.512.922.66
EBITDA4.677.055.154.96
NET Worth19.7516.8613.348.20
Reserves and Surplus17.2114.3210.816.20
Total Borrowing1.778.776.866.89
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.08%100%
Promoter Shareholding (Post-Issue)66.34%73.63%
P/E Ratio28.2912.41
Market Cap₹76.75 Cr.₹86.08 Cr.
Debt/Equity0.09
EPS₹2.22₹2.77
RoNW15.8420.84

Shares Offered

In the Vaidya Sane Ayurved Laboratories IPO Retail Individual Investors (RII) are offered 13,15,200 shares while in Shigan Quantum Technologies IPO retail investors are offered 13,15,200 shares. Qualified Institutional Buyers (QIB) are offered in Vaidya Sane Ayurved Laboratories IPO and in Shigan Quantum Technologies IPO.

 Vaidya Sane Ayurved Laboratories IPOShigan Quantum Technologies IPO
Market Maker Reservation1,40,800 shares2,28,000 shares
NII13,15,200 shares21,54,000 shares
RII13,15,200 shares21,57,000 shares
Total26,30,400 shares43,11,000 shares

Bids Received (Subscription)

Vaidya Sane Ayurved Laboratories IPO subscribed 2.82x in total, whereas Shigan Quantum Technologies IPO subscribed 17.95x.

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Vaidya Sane Ayurved Laboratories IPO Vs Shigan Quantum Technologies IPO