Comparison between N R Vandana Tex Industries IPO and Smarten Power Systems IPO.
N R Vandana Tex Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Smarten Power Systems IPO is a SME Fixed Price proposed to list at NSE SME.
| N R Vandana Tex Industries IPO | Smarten Power Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Alacrity Securities Ltd. | Arihant Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of N R Vandana Tex Industries IPO is up to ₹26.49 Cr whereas the issue size of the Smarten Power Systems IPO is up to ₹47.50 Cr. The final issue price of N R Vandana Tex Industries IPO is ₹45.00 per share and of Smarten Power Systems IPO is ₹100.00 per share.
| N R Vandana Tex Industries IPO | Smarten Power Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹42.00 per share | |
| Issue Price (Upper) | ₹45.00 per share | |
| Issue Price (Final) | ₹45.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 58,86,000 shares | 37,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.49 Cr | up to ₹37.50 Cr |
| OFS Issue Size | 0 shares | 9,99,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹10.00 Cr |
| Issue Size Total | 58,86,000 shares | 47,49,600 shares |
| Issue Size Total (Amount) | up to ₹26.49 Cr | up to ₹47.50 Cr |
N R Vandana Tex Industries IPO opens on May 28, 2025, while Smarten Power Systems IPO opens on Jul 07, 2025. The closing date of N R Vandana Tex Industries IPO and Smarten Power Systems IPO is May 30, 2025, and Jul 09, 2025, respectively.
| N R Vandana Tex Industries IPO | Smarten Power Systems IPO | |
|---|---|---|
| Anchor Bid Date | May 27, 2025 | |
| Issue Open | May 28, 2025 | Jul 07, 2025 |
| Issue Close | May 30, 2025 | Jul 09, 2025 |
| Basis Of Allotment (Tentative) | Jun 02, 2025 | Jul 10, 2025 |
| Initiation of Refunds (Tentative) | Jun 03, 2025 | Jul 11, 2025 |
| Credit of Share (Tentative) | Jun 03, 2025 | Jul 11, 2025 |
| Listing date (Tentative) | Jun 04, 2025 | Jul 14, 2025 |
| Anchor Lockin End date 1 | Jul 02, 2025 | |
| Anchor Lockin End date 2 | Aug 31, 2025 |
N R Vandana Tex Industries IPO P/E ratio is 8.95, as compared to Smarten Power Systems IPO P/E ratio of 11.75.
| N R Vandana Tex Industries IPO | Smarten Power Systems IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | N R Vandana Tex Industries Limited Financial Information (Restated)N R Vandana Tex Industries Limited's revenue increased by 23% and profit after tax (PAT) rose by 100% between the financial year ending with March 31, 2025 and March 31, 2024.
| Smarten Power Systems Limited Financial Information (Restated Consolidated)Smarten Power Systems Limited's revenue increased by 2% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 91.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.39 | 67.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.95 | 11.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹104.83 Cr. | ₹190.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 17.54% | 39.72% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.82% | 32.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.43 | 0.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.03 | ₹8.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.10% | 33.14% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the N R Vandana Tex Industries IPO Retail Individual Investors (RII) are offered 20,64,000 shares while in Smarten Power Systems IPO retail investors are offered 20,64,000 shares. Qualified Institutional Buyers (QIB) are offered 11,76,000 shares in N R Vandana Tex Industries IPO and 0 shares in Smarten Power Systems IPO.
| N R Vandana Tex Industries IPO | Smarten Power Systems IPO | |
|---|---|---|
| Anchor Investor Reserveration | 17,61,000 shares | |
| Market Maker Reserveration | 3,12,000 shares | 2,50,800 shares |
| QIB | 11,76,000 shares | 0 shares |
| NII | 8,85,000 shares | 23,74,800 shares |
| RII | 20,64,000 shares | 23,74,800 shares |
| Employee | ||
| Others | ||
| Total | 58,86,000 shares | 47,49,600 shares |
N R Vandana Tex Industries IPO subscribed 101.00x in total, whereas Smarten Power Systems IPO subscribed 5.51x.
| N R Vandana Tex Industries IPO | Smarten Power Systems IPO | |
|---|---|---|
| QIB (times) | 36.54x | |
| NII (times) | 126.70x | 6.31x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.66x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 101.00x | 5.51x |
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