Comparison between Spectrum Talent Management IPO and Vasa Denticity IPO.
Spectrum Talent Management IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vasa Denticity IPO is a SME Bookbuilding proposed to list at NSE SME.
| Spectrum Talent Management IPO | Vasa Denticity IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Rikhav Securities Ltd. | Hem Finlease 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 Spectrum Talent Management IPO is up to ₹99.88 Cr whereas the issue size of the Vasa Denticity IPO is up to ₹51.30 Cr. The final issue price of Spectrum Talent Management IPO is ₹173.00 per share and of Vasa Denticity IPO is ₹128.00 per share.
| Spectrum Talent Management IPO | Vasa Denticity IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹169.00 per share | ₹121.00 per share |
| Issue Price (Upper) | ₹173.00 per share | ₹128.00 per share |
| Issue Price (Final) | ₹173.00 per share | ₹128.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 1000 shares |
| Fresh Issue Size | 48,81,600 shares | 29,58,000 shares |
| Fresh Issue Size (Amount) | up to ₹84.45 Cr | up to ₹37.86 Cr |
| OFS Issue Size | 8,92,000 shares | 10,50,000 shares |
| OFS Issue Size (Amount) | up to ₹15.43 Cr | up to ₹13.44 Cr |
| Issue Size Total | 57,73,600 shares | 40,08,000 shares |
| Issue Size Total (Amount) | up to ₹99.88 Cr | up to ₹51.30 Cr |
Spectrum Talent Management IPO opens on Jun 09, 2023, while Vasa Denticity IPO opens on May 23, 2023. The closing date of Spectrum Talent Management IPO and Vasa Denticity IPO is Jun 14, 2023, and May 25, 2023, respectively.
| Spectrum Talent Management IPO | Vasa Denticity IPO | |
|---|---|---|
| Anchor Bid Date | May 22, 2023 | |
| Issue Open | Jun 09, 2023 | May 23, 2023 |
| Issue Close | Jun 14, 2023 | May 25, 2023 |
| Basis Of Allotment (Tentative) | Jun 19, 2023 | May 30, 2023 |
| Initiation of Refunds (Tentative) | Jun 20, 2023 | May 31, 2023 |
| Credit of Share (Tentative) | Jun 21, 2023 | Jun 01, 2023 |
| Listing date (Tentative) | Jun 22, 2023 | Jun 02, 2023 |
| Anchor Lockin End date 1 | Jun 29, 2023 | |
| Anchor Lockin End date 2 | Aug 28, 2023 |
Spectrum Talent Management IPO P/E ratio is 15, as compared to Vasa Denticity IPO P/E ratio of 30.62.
| Spectrum Talent Management IPO | Vasa Denticity IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 95.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.25 | 69.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15 | 30.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹89.71 Cr. | ₹205.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 90.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 62.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.25 | ₹4.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.99 | 90.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Spectrum Talent Management IPO Retail Individual Investors (RII) are offered 25,99,200 shares while in Vasa Denticity IPO retail investors are offered 25,99,200 shares. Qualified Institutional Buyers (QIB) are offered 5,76,000 shares in Spectrum Talent Management IPO and 8,02,000 shares in Vasa Denticity IPO.
| Spectrum Talent Management IPO | Vasa Denticity IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,00,000 shares | |
| Market Maker Reservation | 3,04,000 shares | 2,16,000 shares |
| QIB | 5,76,000 shares | 8,02,000 shares |
| NII | 25,98,400 shares | 6,02,000 shares |
| RII | 25,99,200 shares | 14,04,000 shares |
| Employee | ||
| Others | ||
| Total | 57,73,600 shares | 40,08,000 shares |
Spectrum Talent Management IPO subscribed 12.27x in total, whereas Vasa Denticity IPO subscribed 73.14x.
| Spectrum Talent Management IPO | Vasa Denticity IPO | |
|---|---|---|
| QIB (times) | 11.21x | 37.26x |
| NII (times) | 11.68x | 156.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 13.10x | 58.07x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 12.27x | 73.14x |
