Comparison between Technopack Polymers IPO and Vital Chemtech IPO.
IPO Details
Technopack Polymers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vital Chemtech IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Technopack Polymers IPO is up to ₹7.47 Cr whereas the issue size of the Vital Chemtech IPO is up to ₹61.40 Cr. The final issue price of Technopack Polymers IPO is ₹55.00 per share and of Vital Chemtech IPO is ₹101.00 per share.
IPO Timetable
Technopack Polymers IPO opens on Nov 02, 2022, while Vital Chemtech IPO opens on Oct 31, 2022. The closing date of Technopack Polymers IPO and Vital Chemtech IPO is Nov 07, 2022, and Nov 03, 2022, respectively.
| | Technopack Polymers IPO | Vital Chemtech IPO |
|---|
| Anchor Bid Date | | Oct 30, 2022 |
| Issue Open | Nov 02, 2022 | Oct 31, 2022 |
| Issue Close | Nov 07, 2022 | Nov 03, 2022 |
| Basis Of Allotment (Tentative) | Nov 11, 2022 | Nov 09, 2022 |
| Initiation of Refunds (Tentative) | Nov 14, 2022 | Nov 10, 2022 |
| Credit of Share (Tentative) | Nov 15, 2022 | Nov 11, 2022 |
| Listing date (Tentative) | Nov 16, 2022 | Nov 14, 2022 |
| Anchor Lockin End date 1 | | Dec 09, 2022 |
| Anchor Lockin End date 2 | | Feb 07, 2023 |
Financials & KPIs
Technopack Polymers IPO P/E ratio is 10.54, as compared to Vital Chemtech IPO P/E ratio of 14.94.
Shares Offered
In the Technopack Polymers IPO Retail Individual Investors (RII) are offered 6,79,250 shares while in Vital Chemtech IPO retail investors are offered 6,79,250 shares. Qualified Institutional Buyers (QIB) are offered in Technopack Polymers IPO and 12,19,200 shares in Vital Chemtech IPO.
| | Technopack Polymers IPO | Vital Chemtech IPO |
|---|
| Anchor Investor Reservation | | 18,18,000 shares |
| Market Maker Reservation | 71,500 shares | 3,20,400 shares |
| QIB | | 12,19,200 shares |
| NII | 6,79,250 shares | 9,12,000 shares |
| RII | 6,79,250 shares | 21,30,000 shares |
| Total | 13,58,500 shares | 60,79,200 shares |
Bids Received (Subscription)
Technopack Polymers IPO subscribed 19.81x in total, whereas Vital Chemtech IPO subscribed 79.33x.