Comparison between Tunwal E-Motors IPO and V.L.Infraprojects IPO.
Tunwal E-Motors IPO is a SME Bookbuilding IPO proposed to list at NSE SME while V.L.Infraprojects IPO is a SME Bookbuilding proposed to list at NSE SME.
| Tunwal E-Motors IPO | V.L.Infraprojects IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Spread X Securities Pvt.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 Tunwal E-Motors IPO is up to ₹109.86 Cr whereas the issue size of the V.L.Infraprojects IPO is up to ₹17.51 Cr. The final issue price of Tunwal E-Motors IPO is ₹59.00 per share and of V.L.Infraprojects IPO is ₹42.00 per share.
| Tunwal E-Motors IPO | V.L.Infraprojects IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹39.00 per share | |
| Issue Price (Upper) | ₹42.00 per share | |
| Issue Price (Final) | ₹59.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 1,28,70,000 shares | 41,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹75.93 Cr | up to ₹17.51 Cr |
| OFS Issue Size | 57,50,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹33.93 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,86,20,000 shares | 41,70,000 shares |
| Issue Size Total (Amount) | up to ₹109.86 Cr | up to ₹17.51 Cr |
Tunwal E-Motors IPO opens on Jul 15, 2024, while V.L.Infraprojects IPO opens on Jul 23, 2024. The closing date of Tunwal E-Motors IPO and V.L.Infraprojects IPO is Jul 18, 2024, and Jul 25, 2024, respectively.
| Tunwal E-Motors IPO | V.L.Infraprojects IPO | |
|---|---|---|
| Anchor Bid Date | Jul 22, 2024 | |
| Issue Open | Jul 15, 2024 | Jul 23, 2024 |
| Issue Close | Jul 18, 2024 | Jul 25, 2024 |
| Basis Of Allotment (Tentative) | Jul 19, 2024 | Jul 26, 2024 |
| Initiation of Refunds (Tentative) | Jul 22, 2024 | Jul 29, 2024 |
| Credit of Share (Tentative) | Jul 22, 2024 | Jul 29, 2024 |
| Listing date (Tentative) | Jul 23, 2024 | Jul 30, 2024 |
| Anchor Lockin End date 1 | Aug 25, 2024 | |
| Anchor Lockin End date 2 | Oct 24, 2024 |
Tunwal E-Motors IPO P/E ratio is 20.71, as compared to V.L.Infraprojects IPO P/E ratio of 7.73.
| Tunwal E-Motors IPO | V.L.Infraprojects IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.04 | 90.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.34 | 65.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.71 | 7.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹326.28 Cr. | ₹65.99 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 57.53% | 46.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 59.38% | 39.09% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.85 | ₹5.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 57.53% | 37.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Tunwal E-Motors IPO Retail Individual Investors (RII) are offered 93,10,000 shares while in V.L.Infraprojects IPO retail investors are offered 93,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Tunwal E-Motors IPO and 8,34,000 shares in V.L.Infraprojects IPO.
| Tunwal E-Motors IPO | V.L.Infraprojects IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,48,000 shares | |
| Market Maker Reservation | 9,80,000 shares | 2,40,000 shares |
| QIB | 8,34,000 shares | |
| NII | 93,10,000 shares | 6,27,000 shares |
| RII | 93,10,000 shares | 14,61,000 shares |
| Employee | ||
| Others | ||
| Total | 1,86,20,000 shares | 41,70,000 shares |
Tunwal E-Motors IPO subscribed 12.31x in total, whereas V.L.Infraprojects IPO subscribed 636.17x.
| Tunwal E-Motors IPO | V.L.Infraprojects IPO | |
|---|---|---|
| QIB (times) | 203.73x | |
| NII (times) | 7.61x | 726.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.64x | 844.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 12.31x | 636.17x |
