Comparison between Emmforce Autotech IPO and Varyaa Creations IPO.
Emmforce Autotech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Varyaa Creations IPO is a SME Fixed Price proposed to list at BSE SME.
| Emmforce Autotech IPO | Varyaa Creations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Svcm Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Emmforce Autotech IPO is up to ₹51.19 Cr whereas the issue size of the Varyaa Creations IPO is up to ₹19.05 Cr. The final issue price of Emmforce Autotech IPO is ₹98.00 per share and of Varyaa Creations IPO is ₹150.00 per share.
| Emmforce Autotech IPO | Varyaa Creations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹93.00 per share | |
| Issue Price (Upper) | ₹98.00 per share | |
| Issue Price (Final) | ₹98.00 per share | ₹150.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1000 shares |
| Fresh Issue Size | 52,23,600 shares | 12,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹51.19 Cr | up to ₹19.05 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 | 52,23,600 shares | 12,70,000 shares |
| Issue Size Total (Amount) | up to ₹51.19 Cr | up to ₹19.05 Cr |
Emmforce Autotech IPO opens on Apr 23, 2024, while Varyaa Creations IPO opens on Apr 22, 2024. The closing date of Emmforce Autotech IPO and Varyaa Creations IPO is Apr 25, 2024, and Apr 25, 2024, respectively.
| Emmforce Autotech IPO | Varyaa Creations IPO | |
|---|---|---|
| Anchor Bid Date | Apr 22, 2024 | |
| Issue Open | Apr 23, 2024 | Apr 22, 2024 |
| Issue Close | Apr 25, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | Apr 26, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | Apr 29, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | Apr 29, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | Apr 30, 2024 | Apr 30, 2024 |
| Anchor Lockin End date 1 | May 26, 2024 | |
| Anchor Lockin End date 2 | Jul 25, 2024 |
Emmforce Autotech IPO P/E ratio is 33.5, as compared to Varyaa Creations IPO P/E ratio of 65.56.
| Emmforce Autotech IPO | Varyaa Creations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Emmforce Autotech Limited Financial Information (Restated)Emmforce Autotech Limited's revenue decreased by -31.7% and profit after tax (PAT) dropped by -40.1% between the financial year ending with March 31, 2023 and March 31, 2022.
| Varyaa Creations Limited Financial Information (Restated)Varyaa Creations Limited's revenue increased by 112.55% and profit after tax (PAT) rose by 36.13% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.17 | 72.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.5 | 65.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹200.90 Cr. | ₹71.85 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 85.52% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 114.57% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.93 | ₹2.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 2.83 | 85.52% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Emmforce Autotech IPO Retail Individual Investors (RII) are offered 18,28,800 shares while in Varyaa Creations IPO retail investors are offered 18,28,800 shares. Qualified Institutional Buyers (QIB) are offered 10,45,200 shares in Emmforce Autotech IPO and in Varyaa Creations IPO.
| Emmforce Autotech IPO | Varyaa Creations IPO | |
|---|---|---|
| Anchor Investor Reserveration | 15,66,000 shares | |
| Market Maker Reserveration | 2,76,000 shares | 70,000 shares |
| QIB | 10,45,200 shares | |
| NII | 7,83,600 shares | 6,35,000 shares |
| RII | 18,28,800 shares | 6,35,000 shares |
| Employee | ||
| Others | ||
| Total | 52,23,600 shares | 12,70,000 shares |
Emmforce Autotech IPO subscribed 364.37x in total, whereas Varyaa Creations IPO subscribed 3.59x.
| Emmforce Autotech IPO | Varyaa Creations IPO | |
|---|---|---|
| QIB (times) | 160.58x | |
| NII (times) | 861.98x | 1.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 267.62x | 6.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 364.37x | 3.59x |
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