Comparison between Tracxn Technologies IPO and Vedant Fashions IPO.
Tracxn Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vedant Fashions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Tracxn Technologies IPO is up to ₹309.38 Cr whereas the issue size of the Vedant Fashions IPO is up to ₹3,149.19 Cr. The final issue price of Tracxn Technologies IPO is ₹80.00 per share and of Vedant Fashions IPO is ₹866.00 per share.
| Tracxn Technologies IPO | Vedant Fashions IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹1 per share |
| Issue Price (Lower) | ₹75.00 per share | ₹824.00 per share |
| Issue Price (Upper) | ₹80.00 per share | ₹866.00 per share |
| Issue Price (Final) | ₹80.00 per share | ₹866.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 185 shares | 17 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 3,86,72,208 shares | 3,63,64,838 shares |
| OFS Issue Size (Amount) | up to ₹309.38 Cr | up to ₹3,149.19 Cr |
| Issue Size Total | 3,86,72,208 shares | 3,63,64,838 shares |
| Issue Size Total (Amount) | up to ₹309.38 Cr | up to ₹3,149.19 Cr |
Tracxn Technologies IPO opens on Oct 10, 2022, while Vedant Fashions IPO opens on Feb 04, 2022. The closing date of Tracxn Technologies IPO and Vedant Fashions IPO is Oct 12, 2022, and Feb 08, 2022, respectively.
| Tracxn Technologies IPO | Vedant Fashions IPO | |
|---|---|---|
| Anchor Bid Date | Oct 07, 2022 | Feb 03, 2022 |
| Issue Open | Oct 10, 2022 | Feb 04, 2022 |
| Issue Close | Oct 12, 2022 | Feb 08, 2022 |
| Basis Of Allotment (Tentative) | Oct 17, 2022 | Feb 11, 2022 |
| Initiation of Refunds (Tentative) | Oct 18, 2022 | Feb 14, 2022 |
| Credit of Share (Tentative) | Oct 19, 2022 | Feb 15, 2022 |
| Listing date (Tentative) | Oct 20, 2022 | Feb 16, 2022 |
| Anchor Lockin End date 1 | Nov 16, 2022 | Mar 13, 2022 |
| Anchor Lockin End date 2 | Jan 15, 2023 | May 12, 2022 |
Tracxn Technologies IPO P/E ratio is 240, as compared to Vedant Fashions IPO P/E ratio of 106.78.
| Tracxn Technologies IPO | Vedant Fashions IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 50.93 | 92.40 | ||||
| Promoter Shareholding (Post-Issue) | 35.65 | 84.9 | ||||
| P/E Ratio | 240 | 106.78 | ||||
| Market Cap | ₹802.48 Cr. | ₹21017.37 Cr. | ||||
| ROE | -24 | |||||
| ROCE | -28 | |||||
| Debt/Equity | ||||||
| EPS | ₹-0.48 | ₹5.36 | ||||
| RoNW | -23.49 | 12.19 |
In the Tracxn Technologies IPO Retail Individual Investors (RII) are offered 38,67,220 shares while in Vedant Fashions IPO retail investors are offered 38,67,220 shares. Qualified Institutional Buyers (QIB) are offered 1,16,01,663 shares in Tracxn Technologies IPO and 72,72,968 shares in Vedant Fashions IPO.
| Tracxn Technologies IPO | Vedant Fashions IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,74,02,494 shares | 1,09,09,450 shares |
| Market Maker Reservation | ||
| QIB | 1,16,01,663 shares | 72,72,968 shares |
| NII | 58,00,831 shares | 54,54,726 shares |
| RII | 38,67,220 shares | 1,27,27,694 shares |
| Employee | ||
| Others | ||
| Total | 3,86,72,208 shares | 3,63,64,838 shares |
Tracxn Technologies IPO subscribed 2.01x in total, whereas Vedant Fashions IPO subscribed 2.57x.
| Tracxn Technologies IPO | Vedant Fashions IPO | |
|---|---|---|
| QIB (times) | 1.66x | 7.49x |
| NII (times) | 0.80x | 1.07x |
| Big NII (times) | 0.72x | |
| Small NII (times) | 0.94x | |
| RII (times) | 4.87x | 0.39x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.01x | 2.57x |