Shri Techtex IPO vs Vinsys IT IPO

Comparison between Shri Techtex IPO and Vinsys IT IPO.

IPO Details

Shri Techtex IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vinsys IT IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Shri Techtex IPO is up to ₹42.87 Cr whereas the issue size of the Vinsys IT IPO is up to ₹47.35 Cr. The final issue price of Shri Techtex IPO is ₹61.00 per share and of Vinsys IT IPO is ₹128.00 per share.

 Shri Techtex IPOVinsys IT IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹54.00 per share₹121.00 per share
Issue Price (Upper)₹61.00 per share₹128.00 per share
Issue Price (Final)₹61.00 per share₹128.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size70,28,000 shares36,99,000 shares
Fresh Issue Size (Amount)up to ₹42.87 Crup to ₹47.35 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total70,28,000 shares36,99,000 shares
Issue Size Total (Amount)up to ₹42.87 Crup to ₹47.35 Cr

IPO Timetable

Shri Techtex IPO opens on Jul 26, 2023, while Vinsys IT IPO opens on Aug 01, 2023. The closing date of Shri Techtex IPO and Vinsys IT IPO is Jul 28, 2023, and Aug 04, 2023, respectively.

 Shri Techtex IPOVinsys IT IPO
Anchor Bid DateJul 25, 2023Jul 31, 2023
Issue OpenJul 26, 2023Aug 01, 2023
Issue CloseJul 28, 2023Aug 04, 2023
Basis Of Allotment (Tentative)Aug 02, 2023Aug 09, 2023
Initiation of Refunds (Tentative)Aug 03, 2023Aug 10, 2023
Credit of Share (Tentative)Aug 04, 2023Aug 11, 2023
Listing date (Tentative)Aug 04, 2023Aug 11, 2023
Anchor Lockin End date 1Sep 01, 2023Sep 08, 2023
Anchor Lockin End date 2Oct 31, 2023Nov 07, 2023

Financials & KPIs

Shri Techtex IPO P/E ratio is 16.71, as compared to Vinsys IT IPO P/E ratio of 12.51.

 Shri Techtex IPOVinsys IT IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets73.8652.8246.5217.67
Total Income58.0851.8240.2216.26
Profit After Tax9.118.2712.664.47
NET Worth29.8220.9920.768.08
Reserves and Surplus12.5718.7618.545.88
Total Borrowing31.8924.5214.994.88
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets72.9434.9327.40
Total Income96.3232.0320.41
Profit After Tax15.01-0.520.35
NET Worth24.737.167.74
Reserves and Surplus14.736.166.74
Total Borrowing23.1120.5014.27
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10092.74
Promoter Shareholding (Post-Issue)70.3468.13
P/E Ratio16.7112.51
Market Cap₹152.20 Cr.₹187.88 Cr.
ROE35.8494.17
ROCE20.0751.46
Debt/Equity1.070.93
EPS₹5.19₹15.01
RoNW30.5460.72

Shares Offered

In the Shri Techtex IPO Retail Individual Investors (RII) are offered 24,62,000 shares while in Vinsys IT IPO retail investors are offered 24,62,000 shares. Qualified Institutional Buyers (QIB) are offered 14,10,000 shares in Shri Techtex IPO and 7,40,000 shares in Vinsys IT IPO.

 Shri Techtex IPOVinsys IT IPO
Anchor Investor Reservation21,00,000 shares11,08,000 shares
Market Maker Reservation3,72,000 shares1,95,000 shares
QIB14,10,000 shares7,40,000 shares
NII10,56,000 shares5,56,000 shares
RII24,62,000 shares12,95,000 shares
Employee
Others
Total70,28,000 shares36,99,000 shares

Bids Received (Subscription)

Shri Techtex IPO subscribed 148.44x in total, whereas Vinsys IT IPO subscribed 89.00x.

 Shri Techtex IPOVinsys IT IPO
QIB (times)58.03x36.95x
NII (times)250.65x105.75x
Big NII (times)
Small NII (times)
RII (times)156.37x111.56x
Employee (times)
Other (times)
Total (times)148.44x89.00x

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Shri Techtex IPO Vs Vinsys IT IPO