Comparison between TAC Infosec IPO and Vruddhi Engineering Works IPO.
TAC Infosec IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vruddhi Engineering Works IPO is a SME Bookbuilding proposed to list at BSE SME.
| TAC Infosec IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Rikhav Securities 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 TAC Infosec IPO is up to ₹28.49 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.51 Cr. The final issue price of TAC Infosec IPO is ₹106.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.
| TAC Infosec IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹66.00 per share |
| Issue Price (Upper) | ₹106.00 per share | ₹70.00 per share |
| Issue Price (Final) | ₹106.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 26,88,000 shares | 6,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹28.49 Cr | up to ₹4.51 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 | 26,88,000 shares | 6,44,000 shares |
| Issue Size Total (Amount) | up to ₹28.49 Cr | up to ₹4.51 Cr |
TAC Infosec IPO opens on Mar 27, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of TAC Infosec IPO and Vruddhi Engineering Works IPO is Apr 02, 2024, and Mar 28, 2024, respectively.
| TAC Infosec IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Anchor Bid Date | Mar 26, 2024 | |
| Issue Open | Mar 27, 2024 | Mar 26, 2024 |
| Issue Close | Apr 02, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Apr 03, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Apr 04, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Apr 04, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Apr 05, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | May 03, 2024 | |
| Anchor Lockin End date 2 | Jul 02, 2024 |
TAC Infosec IPO P/E ratio is 15.98, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.
| TAC Infosec IPO | Vruddhi Engineering Works IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | TAC Infosec Limited Financial Information (Restated)TAC Infosec Limited's revenue increased by 93.7% and profit after tax (PAT) rose by 735.05% between the financial year ending with March 31, 2023 and March 31, 2022.
| Vruddhi Engineering Works Limited Financial Information (Restated)Vruddhi Engineering Works Limited's revenue increased by 493.53% and profit after tax (PAT) rose by 697.99% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 78.00 | 96.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.98 | 17.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹111.08 Cr. | ₹17.67 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.51% | 16.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.75% | 15.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.63 | ₹4.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.24% | 16.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the TAC Infosec IPO Retail Individual Investors (RII) are offered 9,40,800 shares while in Vruddhi Engineering Works IPO retail investors are offered 9,40,800 shares. Qualified Institutional Buyers (QIB) are offered 5,37,600 shares in TAC Infosec IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.
| TAC Infosec IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Anchor Investor Reserveration | 8,06,400 shares | |
| Market Maker Reserveration | 1,41,600 shares | 36,000 shares |
| QIB | 5,37,600 shares | 3,20,000 shares |
| NII | 4,03,200 shares | 98,000 shares |
| RII | 9,40,800 shares | 2,26,000 shares |
| Employee | ||
| Others | ||
| Total | 26,88,000 shares | 6,44,000 shares |
TAC Infosec IPO subscribed 422.03x in total, whereas Vruddhi Engineering Works IPO subscribed 12.67x.
| TAC Infosec IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| QIB (times) | 141.29x | 1.05x |
| NII (times) | 768.89x | 28.14x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 433.80x | 20.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 422.03x | 12.67x |
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