Comparison between Innovative Tyres IPO and Vanta Bioscience IPO.
Innovative Tyres IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vanta Bioscience IPO is a SME Fixed Price proposed to list at BSE SME.
| Innovative Tyres IPO | Vanta Bioscience 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. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Goldmine Stocks Pvt.Ltd. | Inventure Growth & Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innovative Tyres IPO is up to ₹26.87 Cr whereas the issue size of the Vanta Bioscience IPO is up to ₹7.17 Cr. The final issue price of Innovative Tyres IPO is ₹45.00 per share and of Vanta Bioscience IPO is ₹50.00 per share.
| Innovative Tyres IPO | Vanta Bioscience IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹42.00 per share | |
| Issue Price (Upper) | ₹45.00 per share | |
| Issue Price (Final) | ₹45.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 59,70,000 shares | 14,34,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.87 Cr | up to ₹7.17 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 | 59,70,000 shares | 14,34,000 shares |
| Issue Size Total (Amount) | up to ₹26.87 Cr | up to ₹7.17 Cr |
Innovative Tyres IPO opens on Sep 22, 2017, while Vanta Bioscience IPO opens on Sep 25, 2017. The closing date of Innovative Tyres IPO and Vanta Bioscience IPO is Sep 26, 2017, and Sep 27, 2017, respectively.
| Innovative Tyres IPO | Vanta Bioscience IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 22, 2017 | Sep 25, 2017 |
| Issue Close | Sep 26, 2017 | Sep 27, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 05, 2017 | Oct 06, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovative Tyres IPO P/E ratio is , as compared to Vanta Bioscience IPO P/E ratio of .
| Innovative Tyres IPO | Vanta Bioscience IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹80.96 Cr. | ₹28.64 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Innovative Tyres IPO Retail Individual Investors (RII) are offered 25,50,000 shares while in Vanta Bioscience IPO retail investors are offered 25,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovative Tyres IPO and in Vanta Bioscience IPO.
| Innovative Tyres IPO | Vanta Bioscience IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,27,000 shares | 78,000 shares |
| QIB | ||
| NII | 25,50,000 shares | 7,17,000 shares |
| RII | 25,50,000 shares | 7,17,000 shares |
| Employee | 8,70,000 shares | |
| Others | ||
| Total | 59,70,000 shares | 14,34,000 shares |
Innovative Tyres IPO subscribed 8.03x in total, whereas Vanta Bioscience IPO subscribed 1.44x.
| Innovative Tyres IPO | Vanta Bioscience IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.07x | 1.52x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.36x | 1.36x |
| Employee (times) | 0.91x | |
| Other (times) | ||
| Total (times) | 8.03x | 1.44x |
