Comparison between Sona Machinery IPO and V R Infraspace IPO.
Sona Machinery IPO is a SME Fixed Price IPO proposed to list at NSE SME while V R Infraspace IPO is a SME Fixed Price proposed to list at NSE SME.
| Sona Machinery IPO | V R Infraspace IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Sona Machinery IPO is up to ₹49.22 Cr whereas the issue size of the V R Infraspace IPO is up to ₹19.37 Cr. The final issue price of Sona Machinery IPO is ₹143.00 per share and of V R Infraspace IPO is ₹85.00 per share.
| Sona Machinery IPO | V R Infraspace IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹136.00 per share | |
| Issue Price (Upper) | ₹143.00 per share | |
| Issue Price (Final) | ₹143.00 per share | ₹85.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 34,42,000 shares | 22,78,400 shares |
| Fresh Issue Size (Amount) | up to ₹49.22 Cr | up to ₹19.37 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 34,42,000 shares | 22,78,400 shares |
| Issue Size Total (Amount) | up to ₹49.22 Cr | up to ₹19.37 Cr |
Sona Machinery IPO opens on Mar 05, 2024, while V R Infraspace IPO opens on Mar 04, 2024. The closing date of Sona Machinery IPO and V R Infraspace IPO is Mar 07, 2024, and Mar 06, 2024, respectively.
| Sona Machinery IPO | V R Infraspace IPO | |
|---|---|---|
| Anchor Bid Date | Mar 04, 2024 | |
| Issue Open | Mar 05, 2024 | Mar 04, 2024 |
| Issue Close | Mar 07, 2024 | Mar 06, 2024 |
| Basis Of Allotment (Tentative) | Mar 11, 2024 | Mar 07, 2024 |
| Initiation of Refunds (Tentative) | Mar 12, 2024 | Mar 11, 2024 |
| Credit of Share (Tentative) | Mar 12, 2024 | Mar 11, 2024 |
| Listing date (Tentative) | Mar 13, 2024 | Mar 12, 2024 |
| Anchor Lockin End date 1 | Apr 10, 2024 | |
| Anchor Lockin End date 2 | Jun 09, 2024 |
Sona Machinery IPO P/E ratio is 18.8, as compared to V R Infraspace IPO P/E ratio of 20.99.
| Sona Machinery IPO | V R Infraspace IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.59 | 72.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.8 | 20.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹196.25 Cr. | ₹75.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44.49% | 7.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 46.61% | 6.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.06 | 0.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.61 | ₹4.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.39% | 6.94% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sona Machinery IPO Retail Individual Investors (RII) are offered 12,05,000 shares while in V R Infraspace IPO retail investors are offered 12,05,000 shares. Qualified Institutional Buyers (QIB) are offered 6,88,000 shares in Sona Machinery IPO and in V R Infraspace IPO.
| Sona Machinery IPO | V R Infraspace IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,32,000 shares | |
| Market Maker Reservation | 1,82,000 shares | 1,21,600 shares |
| QIB | 6,88,000 shares | |
| NII | 5,17,000 shares | 11,39,200 shares |
| RII | 12,05,000 shares | 11,39,200 shares |
| Employee | ||
| Others | ||
| Total | 34,42,000 shares | 22,78,400 shares |
Sona Machinery IPO subscribed 273.50x in total, whereas V R Infraspace IPO subscribed 93.41x.
| Sona Machinery IPO | V R Infraspace IPO | |
|---|---|---|
| QIB (times) | 129.72x | |
| NII (times) | 554.42x | 85.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 235.06x | 90.55x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 273.50x | 93.41x |
