TBI Corn IPO vs Vilas Transcore IPO

Comparison between TBI Corn IPO and Vilas Transcore IPO.

IPO Details

TBI Corn IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vilas Transcore IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of TBI Corn IPO is up to ₹42.68 Cr whereas the issue size of the Vilas Transcore IPO is up to ₹90.46 Cr. The final issue price of TBI Corn IPO is ₹94.00 per share and of Vilas Transcore IPO is ₹147.00 per share.

 TBI Corn IPOVilas Transcore IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹90.00 per share₹139.00 per share
Issue Price (Upper)₹94.00 per share₹147.00 per share
Issue Price (Final)₹94.00 per share₹147.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1000 shares
Fresh Issue Size45,40,800 shares61,54,000 shares
Fresh Issue Size (Amount)up to ₹42.68 Crup to ₹90.46 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total45,40,800 shares61,54,000 shares
Issue Size Total (Amount)up to ₹42.68 Crup to ₹90.46 Cr

IPO Timetable

TBI Corn IPO opens on May 31, 2024, while Vilas Transcore IPO opens on May 27, 2024. The closing date of TBI Corn IPO and Vilas Transcore IPO is Jun 04, 2024, and May 29, 2024, respectively.

 TBI Corn IPOVilas Transcore IPO
Anchor Bid DateMay 30, 2024May 24, 2024
Issue OpenMay 31, 2024May 27, 2024
Issue CloseJun 04, 2024May 29, 2024
Basis Of Allotment (Tentative)Jun 05, 2024May 30, 2024
Initiation of Refunds (Tentative)Jun 06, 2024May 31, 2024
Credit of Share (Tentative)Jun 06, 2024May 31, 2024
Listing date (Tentative)Jun 07, 2024Jun 03, 2024
Anchor Lockin End date 1Jul 05, 2024Jun 29, 2024
Anchor Lockin End date 2Sep 03, 2024Aug 28, 2024

Financials & KPIs

TBI Corn IPO P/E ratio is 18.33, as compared to Vilas Transcore IPO P/E ratio of 13.12.

 TBI Corn IPOVilas Transcore IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets95.12121.6243.1842.55
Total Income101.97140.43100.9767.76
Profit After Tax7.666.860.450.24
NET Worth40.6826.786.835.12
Reserves and Surplus27.3016.77
Total Borrowing51.3763.5325.4923.01
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets208.21188.80172.66142.66
Total Income238.30284.78235.18134.85
Profit After Tax16.7920.2217.915.23
NET Worth137.25120.46100.2382.32
Reserves and Surplus135.31134.04114.5197.29
Total Borrowing5.004.903.477.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)76.6599.97
Promoter Shareholding (Post-Issue)57.7173.01
P/E Ratio18.3313.12
Market Cap₹170.69 Cr.₹359.86 Cr.
ROE18.84%13.03%
ROCE18.65%16.10%
Debt/Equity0.430.03
EPS₹5.13₹11.20
RoNW18.84%12.24%

Shares Offered

In the TBI Corn IPO Retail Individual Investors (RII) are offered 15,92,400 shares while in Vilas Transcore IPO retail investors are offered 15,92,400 shares. Qualified Institutional Buyers (QIB) are offered 9,07,200 shares in TBI Corn IPO and 12,31,000 shares in Vilas Transcore IPO.

 TBI Corn IPOVilas Transcore IPO
Anchor Investor Reservation13,58,400 shares18,45,000 shares
Market Maker Reservation2,40,000 shares3,26,000 shares
QIB9,07,200 shares12,31,000 shares
NII6,82,800 shares9,24,000 shares
RII15,92,400 shares21,54,000 shares
Employee
Others
Total45,40,800 shares61,54,000 shares

Bids Received (Subscription)

TBI Corn IPO subscribed 231.21x in total, whereas Vilas Transcore IPO subscribed 204.77x.

 TBI Corn IPOVilas Transcore IPO
QIB (times)81.41x114.64x
NII (times)516.50x449.21x
Big NII (times)
Small NII (times)
RII (times)194.59x151.42x
Employee (times)
Other (times)
Total (times)231.21x204.77x

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