Comparison between Greenhitech Ventures IPO and Varyaa Creations IPO.
Greenhitech Ventures 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.
| Greenhitech Ventures IPO | Varyaa Creations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Skyline Financial Services 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 | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Greenhitech Ventures IPO is up to ₹5.97 Cr whereas the issue size of the Varyaa Creations IPO is up to ₹19.05 Cr. The final issue price of Greenhitech Ventures IPO is ₹50.00 per share and of Varyaa Creations IPO is ₹150.00 per share.
| Greenhitech Ventures IPO | Varyaa Creations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹50.00 per share | ₹150.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 11,94,000 shares | 12,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.97 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 | 11,94,000 shares | 12,70,000 shares |
| Issue Size Total (Amount) | up to ₹5.97 Cr | up to ₹19.05 Cr |
Greenhitech Ventures IPO opens on Apr 12, 2024, while Varyaa Creations IPO opens on Apr 22, 2024. The closing date of Greenhitech Ventures IPO and Varyaa Creations IPO is Apr 16, 2024, and Apr 25, 2024, respectively.
| Greenhitech Ventures IPO | Varyaa Creations IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 12, 2024 | Apr 22, 2024 |
| Issue Close | Apr 16, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | Apr 18, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | Apr 19, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | Apr 19, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | Apr 22, 2024 | Apr 30, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Greenhitech Ventures IPO P/E ratio is 30.05, as compared to Varyaa Creations IPO P/E ratio of 65.56.
| Greenhitech Ventures IPO | Varyaa Creations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Greenhitech Ventures Limited Financial Information (Restated)
| 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.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.19 | 72.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 30.05 | 65.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹23.50 Cr. | ₹71.85 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 8.17% | 85.52% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.19% | 114.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.66 | ₹2.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.80% | 85.52% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Greenhitech Ventures IPO Retail Individual Investors (RII) are offered 5,97,000 shares while in Varyaa Creations IPO retail investors are offered 5,97,000 shares. Qualified Institutional Buyers (QIB) are offered in Greenhitech Ventures IPO and in Varyaa Creations IPO.
| Greenhitech Ventures IPO | Varyaa Creations IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 66,000 shares | 70,000 shares |
| QIB | ||
| NII | 5,97,000 shares | 6,35,000 shares |
| RII | 5,97,000 shares | 6,35,000 shares |
| Employee | ||
| Others | ||
| Total | 11,94,000 shares | 12,70,000 shares |
Greenhitech Ventures IPO subscribed 769.95x in total, whereas Varyaa Creations IPO subscribed 3.59x.
| Greenhitech Ventures IPO | Varyaa Creations IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 921.60x | 1.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 597.41x | 6.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 769.95x | 3.59x |
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