Tracxn Technologies IPO vs Vedant Fashions IPO

Comparison between Tracxn Technologies IPO and Vedant Fashions IPO.

IPO Details

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.

Issue Size and Price

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 IPOVedant 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 Size185 shares17 shares
Fresh Issue Size0 shares0 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size3,86,72,208 shares3,63,64,838 shares
OFS Issue Size (Amount)up to ₹309.38 Crup to ₹3,149.19 Cr
Issue Size Total3,86,72,208 shares3,63,64,838 shares
Issue Size Total (Amount)up to ₹309.38 Crup to ₹3,149.19 Cr

IPO Timetable

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 IPOVedant Fashions IPO
Anchor Bid DateOct 07, 2022Feb 03, 2022
Issue OpenOct 10, 2022Feb 04, 2022
Issue CloseOct 12, 2022Feb 08, 2022
Basis Of Allotment (Tentative)Oct 17, 2022Feb 11, 2022
Initiation of Refunds (Tentative)Oct 18, 2022Feb 14, 2022
Credit of Share (Tentative)Oct 19, 2022Feb 15, 2022
Listing date (Tentative)Oct 20, 2022Feb 16, 2022
Anchor Lockin End date 1Nov 16, 2022Mar 13, 2022
Anchor Lockin End date 2Jan 15, 2023May 12, 2022

Financials & KPIs

Tracxn Technologies IPO P/E ratio is 240, as compared to Vedant Fashions IPO P/E ratio of 106.78.

 Tracxn Technologies IPOVedant Fashions IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)50.9392.40
Promoter Shareholding (Post-Issue)35.6584.9
P/E Ratio240106.78
Market Cap₹802.48 Cr.₹21017.37 Cr.
ROE-24
ROCE-28
Debt/Equity
EPS₹-0.48₹5.36
RoNW-23.4912.19

Shares Offered

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 IPOVedant Fashions IPO
Anchor Investor Reservation1,74,02,494 shares1,09,09,450 shares
Market Maker Reservation
QIB1,16,01,663 shares72,72,968 shares
NII58,00,831 shares54,54,726 shares
RII38,67,220 shares1,27,27,694 shares
Employee
Others
Total3,86,72,208 shares3,63,64,838 shares

Bids Received (Subscription)

Tracxn Technologies IPO subscribed 2.01x in total, whereas Vedant Fashions IPO subscribed 2.57x.

Compare with others

Compare: