M.V.K.Agro Food Product IPO vs V R Infraspace IPO

Comparison between M.V.K.Agro Food Product IPO and V R Infraspace IPO.

IPO Details

M.V.K.Agro Food Product IPO is a SME Fixed Price IPO proposed to list at NSE SME while V R Infraspace IPO is a SME Fixed Price proposed to list at NSE SME.

	M.V.K.Agro Food Product IPO	V R Infraspace IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Horizon Management Pvt.Ltd.	Beeline Capital Advisors Pvt.Ltd.
Registrar	MAS Services Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Spread X Securities Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of M.V.K.Agro Food Product IPO is up to ₹62.58 Cr whereas the issue size of the V R Infraspace IPO is up to ₹19.37 Cr. The final issue price of M.V.K.Agro Food Product IPO is ₹120.00 per share and of V R Infraspace IPO is ₹85.00 per share.

	M.V.K.Agro Food Product IPO	V R Infraspace IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹120.00 per share	₹85.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	52,15,200 shares	22,78,400 shares
Fresh Issue Size (Amount)	up to ₹62.58 Cr	up to ₹19.37 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	52,15,200 shares	22,78,400 shares
Issue Size Total (Amount)	up to ₹62.58 Cr	up to ₹19.37 Cr

IPO Timetable

M.V.K.Agro Food Product IPO opens on Feb 29, 2024, while V R Infraspace IPO opens on Mar 04, 2024. The closing date of M.V.K.Agro Food Product IPO and V R Infraspace IPO is Mar 04, 2024, and Mar 06, 2024, respectively.

	M.V.K.Agro Food Product IPO	V R Infraspace IPO
Anchor Bid Date
Issue Open	Feb 29, 2024	Mar 04, 2024
Issue Close	Mar 04, 2024	Mar 06, 2024
Basis Of Allotment (Tentative)	Mar 05, 2024	Mar 07, 2024
Initiation of Refunds (Tentative)	Mar 06, 2024	Mar 11, 2024
Credit of Share (Tentative)	Mar 06, 2024	Mar 11, 2024
Listing date (Tentative)	Mar 07, 2024	Mar 12, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

M.V.K.Agro Food Product IPO P/E ratio is 31.79, as compared to V R Infraspace IPO P/E ratio of 20.99.

M.V.K.Agro Food Product IPO

V R Infraspace IPO

Financials

M.V.K. Agro Food Product Ltd Financial Information (Restated)

M.V.K. Agro Food Product Ltd's revenue decreased by -29.18% and profit after tax (PAT) rose by 18.02% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	14,804.05	15,471.93	11,602.06	11,445.70
Total Income	6,044.36	9,393.63	13,263.56	2,583.10
Profit After Tax	430.07	377.45	319.81	140.41
Net Worth	1,767.74	1,337.67	960.22	640.41
Reserves and Surplus	1,267.74	837.67	460.22	140.41
Total Borrowing	6,281.23	9,156.10	6,001.32	7,496.33
Amount in ₹ Lakhs

V R Infraspace Limited Financial Information (Restated Consolidated)

V R Infraspace Limited's revenue increased by 35.16% and profit after tax (PAT) rose by 229.16% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,117.91	4,328.38	4,920.59	5,479.20
Total Income	732.41	1,875.53	1,387.65	1,348.70
Profit After Tax	89.54	262.47	79.74	72.04
Net Worth	1,290.10	1,211.86	949.39	869.65
Reserves and Surplus	642.10	563.86	301.39	221.65
Total Borrowing	661.36	971.87	1,038.55	1,676.31
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

100

Promoter Shareholding (Post-Issue)

64.56

72.97

P/E Ratio

31.79

20.99

Market Cap

₹185.88 Cr.

₹75.48 Cr.

ROE

32.85%

7.16%

ROCE

13.44%

6.12%

Debt/Equity

6.84

0.51

EPS

₹3.77

₹4.05

RoNW

32.85%

6.94%

Shares Offered

In the M.V.K.Agro Food Product IPO Retail Individual Investors (RII) are offered 26,07,600 shares while in V R Infraspace IPO retail investors are offered 26,07,600 shares. Qualified Institutional Buyers (QIB) are offered in M.V.K.Agro Food Product IPO and in V R Infraspace IPO.

	M.V.K.Agro Food Product IPO	V R Infraspace IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,74,800 shares	1,21,600 shares
QIB
NII	26,07,600 shares	11,39,200 shares
RII	26,07,600 shares	11,39,200 shares
Employee
Others
Total	52,15,200 shares	22,78,400 shares

Bids Received (Subscription)

M.V.K.Agro Food Product IPO subscribed 8.46x in total, whereas V R Infraspace IPO subscribed 93.41x.

	M.V.K.Agro Food Product IPO	V R Infraspace IPO
QIB (times)
NII (times)	3.90x	85.21x
Big NII (times)
Small NII (times)
RII (times)	13.01x	90.55x
Employee (times)
Other (times)
Total (times)	8.46x	93.41x

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