Comparison between Systango Technologies IPO and Vertexplus Technologies IPO.
Systango Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vertexplus Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| Systango Technologies IPO | Vertexplus Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Systango Technologies IPO is up to ₹33.05 Cr whereas the issue size of the Vertexplus Technologies IPO is up to ₹13.49 Cr. The final issue price of Systango Technologies IPO is ₹90.00 per share and of Vertexplus Technologies IPO is ₹96.00 per share.
| Systango Technologies IPO | Vertexplus Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹85.00 per share | ₹91.00 per share |
| Issue Price (Upper) | ₹90.00 per share | ₹96.00 per share |
| Issue Price (Final) | ₹90.00 per share | ₹96.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 36,72,000 shares | 14,05,200 shares |
| Fresh Issue Size (Amount) | up to ₹33.05 Cr | up to ₹13.49 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 | 36,72,000 shares | 14,05,200 shares |
| Issue Size Total (Amount) | up to ₹33.05 Cr | up to ₹13.49 Cr |
Systango Technologies IPO opens on Mar 02, 2023, while Vertexplus Technologies IPO opens on Mar 02, 2023. The closing date of Systango Technologies IPO and Vertexplus Technologies IPO is Mar 06, 2023, and Mar 06, 2023, respectively.
| Systango Technologies IPO | Vertexplus Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Mar 01, 2023 | Mar 01, 2023 |
| Issue Open | Mar 02, 2023 | Mar 02, 2023 |
| Issue Close | Mar 06, 2023 | Mar 06, 2023 |
| Basis Of Allotment (Tentative) | Mar 10, 2023 | Mar 10, 2023 |
| Initiation of Refunds (Tentative) | Mar 13, 2023 | Mar 13, 2023 |
| Credit of Share (Tentative) | Mar 14, 2023 | Mar 14, 2023 |
| Listing date (Tentative) | Mar 15, 2023 | Mar 15, 2023 |
| Anchor Lockin End date 1 | Apr 09, 2023 | Apr 09, 2023 |
| Anchor Lockin End date 2 | Jun 08, 2023 | Jun 08, 2023 |
Systango Technologies IPO P/E ratio is 15.13, as compared to Vertexplus Technologies IPO P/E ratio of 28.83.
| Systango Technologies IPO | Vertexplus Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.73 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.13 | 28.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹132.02 Cr. | ₹52.60 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.83 | 28.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.62 | 43.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | 0.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.59 | ₹4.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 39.89 | 24.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Systango Technologies IPO Retail Individual Investors (RII) are offered 12,86,400 shares while in Vertexplus Technologies IPO retail investors are offered 12,86,400 shares. Qualified Institutional Buyers (QIB) are offered 7,34,400 shares in Systango Technologies IPO and 2,86,800 shares in Vertexplus Technologies IPO.
| Systango Technologies IPO | Vertexplus Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,99,200 shares | 4,15,200 shares |
| Market Maker Reservation | 1,96,800 shares | 74,400 shares |
| QIB | 7,34,400 shares | 2,86,800 shares |
| NII | 5,52,000 shares | 2,11,200 shares |
| RII | 12,86,400 shares | 4,92,000 shares |
| Employee | ||
| Others | ||
| Total | 36,72,000 shares | 14,05,200 shares |
Systango Technologies IPO subscribed 64.99x in total, whereas Vertexplus Technologies IPO subscribed 11.01x.
| Systango Technologies IPO | Vertexplus Technologies IPO | |
|---|---|---|
| QIB (times) | 14.10x | 1.43x |
| NII (times) | 230.36x | 35.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 66.59x | 15.53x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 64.99x | 11.01x |
