Comparison between Owais Metal IPO and V R Infraspace IPO.
Owais Metal 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.
| Owais Metal IPO | V R Infraspace IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.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 Owais Metal IPO is up to ₹39.70 Cr whereas the issue size of the V R Infraspace IPO is up to ₹19.37 Cr. The final issue price of Owais Metal IPO is ₹87.00 per share and of V R Infraspace IPO is ₹85.00 per share.
| Owais Metal IPO | V R Infraspace IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹83.00 per share | |
| Issue Price (Upper) | ₹87.00 per share | |
| Issue Price (Final) | ₹87.00 per share | ₹85.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 45,63,200 shares | 22,78,400 shares |
| Fresh Issue Size (Amount) | up to ₹39.70 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 | 45,63,200 shares | 22,78,400 shares |
| Issue Size Total (Amount) | up to ₹39.70 Cr | up to ₹19.37 Cr |
Owais Metal IPO opens on Feb 26, 2024, while V R Infraspace IPO opens on Mar 04, 2024. The closing date of Owais Metal IPO and V R Infraspace IPO is Feb 28, 2024, and Mar 06, 2024, respectively.
| Owais Metal IPO | V R Infraspace IPO | |
|---|---|---|
| Anchor Bid Date | Feb 23, 2024 | |
| Issue Open | Feb 26, 2024 | Mar 04, 2024 |
| Issue Close | Feb 28, 2024 | Mar 06, 2024 |
| Basis Of Allotment (Tentative) | Feb 29, 2024 | Mar 07, 2024 |
| Initiation of Refunds (Tentative) | Mar 01, 2024 | Mar 11, 2024 |
| Credit of Share (Tentative) | Mar 01, 2024 | Mar 11, 2024 |
| Listing date (Tentative) | Mar 04, 2024 | Mar 12, 2024 |
| Anchor Lockin End date 1 | Mar 30, 2024 | |
| Anchor Lockin End date 2 | May 29, 2024 |
Owais Metal IPO P/E ratio is 21.35, as compared to V R Infraspace IPO P/E ratio of 20.99.
| Owais Metal IPO | V R Infraspace IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.01 | 72.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.35 | 20.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹158.19 Cr. | ₹75.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -5.35% | 7.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 6.12% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.61 | 0.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.08 | ₹4.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -22.22% | 6.94% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Owais Metal IPO Retail Individual Investors (RII) are offered 15,98,400 shares while in V R Infraspace IPO retail investors are offered 15,98,400 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Owais Metal IPO and in V R Infraspace IPO.
| Owais Metal IPO | V R Infraspace IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,68,000 shares | |
| Market Maker Reservation | 3,44,000 shares | 1,21,600 shares |
| QIB | 9,12,000 shares | |
| NII | 6,84,800 shares | 11,39,200 shares |
| RII | 15,98,400 shares | 11,39,200 shares |
| Employee | ||
| Others | ||
| Total | 45,63,200 shares | 22,78,400 shares |
Owais Metal IPO subscribed 221.18x in total, whereas V R Infraspace IPO subscribed 93.41x.
| Owais Metal IPO | V R Infraspace IPO | |
|---|---|---|
| QIB (times) | 92.06x | |
| NII (times) | 329.36x | 85.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 248.50x | 90.55x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 221.18x | 93.41x |
