Comparison between Transteel Seating Technologies IPO and Vrundavan Plantation IPO.
Transteel Seating Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vrundavan Plantation IPO is a SME Fixed Price proposed to list at BSE SME.
| Transteel Seating Technologies IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. Gretex Corporate Services Ltd. | Interactive Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Transteel Seating Technologies IPO is up to ₹44.98 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹14.52 Cr. The final issue price of Transteel Seating Technologies IPO is ₹70.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.
| Transteel Seating Technologies IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹67.00 per share | |
| Issue Price (Upper) | ₹70.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹108.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 60,70,000 shares | 13,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹42.49 Cr | up to ₹14.52 Cr |
| OFS Issue Size | 3,56,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.49 Cr | up to ₹0.00 Cr |
| Issue Size Total | 64,26,000 shares | 13,44,000 shares |
| Issue Size Total (Amount) | up to ₹44.98 Cr | up to ₹14.52 Cr |
Transteel Seating Technologies IPO opens on Oct 30, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of Transteel Seating Technologies IPO and Vrundavan Plantation IPO is Nov 01, 2023, and Nov 01, 2023, respectively.
| Transteel Seating Technologies IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Anchor Bid Date | Oct 27, 2023 | |
| Issue Open | Oct 30, 2023 | Oct 30, 2023 |
| Issue Close | Nov 01, 2023 | Nov 01, 2023 |
| Basis Of Allotment (Tentative) | Nov 05, 2023 | Nov 05, 2023 |
| Initiation of Refunds (Tentative) | Nov 05, 2023 | Nov 06, 2023 |
| Credit of Share (Tentative) | Nov 05, 2023 | Nov 06, 2023 |
| Listing date (Tentative) | Nov 06, 2023 | Nov 06, 2023 |
| Anchor Lockin End date 1 | Dec 05, 2023 | |
| Anchor Lockin End date 2 | Feb 03, 2024 |
Transteel Seating Technologies IPO P/E ratio is 10.29, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.
| Transteel Seating Technologies IPO | Vrundavan Plantation IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 83.75 | 85.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.83 | 62.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.29 | 34.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹141.25 Cr. | ₹57.59 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 37.21% | 8.35% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.69% | 6.71% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.80 | ₹0.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 37.21% | 4.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Transteel Seating Technologies IPO Retail Individual Investors (RII) are offered 22,50,000 shares while in Vrundavan Plantation IPO retail investors are offered 22,50,000 shares. Qualified Institutional Buyers (QIB) are offered 13,50,000 shares in Transteel Seating Technologies IPO and in Vrundavan Plantation IPO.
| Transteel Seating Technologies IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,60,000 shares | |
| Market Maker Reservation | 7,14,000 shares | 72,000 shares |
| QIB | 13,50,000 shares | |
| NII | 9,66,000 shares | 6,72,000 shares |
| RII | 22,50,000 shares | 6,72,000 shares |
| Employee | ||
| Others | ||
| Total | 64,26,000 shares | 13,44,000 shares |
Transteel Seating Technologies IPO subscribed 49.21x in total, whereas Vrundavan Plantation IPO subscribed 18.57x.
| Transteel Seating Technologies IPO | Vrundavan Plantation IPO | |
|---|---|---|
| QIB (times) | 12.15x | |
| NII (times) | 122.88x | 11.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 39.82x | 25.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 49.21x | 18.57x |
