Comparison between Proventus Agrocom IPO and Vasa Denticity IPO.
Proventus Agrocom IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vasa Denticity IPO is a SME Bookbuilding proposed to list at NSE SME.
| Proventus Agrocom IPO | Vasa Denticity IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Sundae Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Ajcon Global Services Ltd. | Hem Finlease 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 Proventus Agrocom IPO is up to ₹66.06 Cr whereas the issue size of the Vasa Denticity IPO is up to ₹51.30 Cr. The final issue price of Proventus Agrocom IPO is ₹771.00 per share and of Vasa Denticity IPO is ₹128.00 per share.
| Proventus Agrocom IPO | Vasa Denticity IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | |
| Issue Price (Upper) | ₹128.00 per share | |
| Issue Price (Final) | ₹771.00 per share | ₹128.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 160 shares | 1000 shares |
| Fresh Issue Size | 6,26,653 shares | 29,58,000 shares |
| Fresh Issue Size (Amount) | up to ₹48.31 Cr | up to ₹37.86 Cr |
| OFS Issue Size | 2,30,147 shares | 10,50,000 shares |
| OFS Issue Size (Amount) | up to ₹17.74 Cr | up to ₹13.44 Cr |
| Issue Size Total | 8,56,800 shares | 40,08,000 shares |
| Issue Size Total (Amount) | up to ₹66.06 Cr | up to ₹51.30 Cr |
Proventus Agrocom IPO opens on May 24, 2023, while Vasa Denticity IPO opens on May 23, 2023. The closing date of Proventus Agrocom IPO and Vasa Denticity IPO is May 26, 2023, and May 25, 2023, respectively.
| Proventus Agrocom IPO | Vasa Denticity IPO | |
|---|---|---|
| Anchor Bid Date | May 22, 2023 | |
| Issue Open | May 24, 2023 | May 23, 2023 |
| Issue Close | May 26, 2023 | May 25, 2023 |
| Basis Of Allotment (Tentative) | May 31, 2023 | May 30, 2023 |
| Initiation of Refunds (Tentative) | Jun 01, 2023 | May 31, 2023 |
| Credit of Share (Tentative) | Jun 02, 2023 | Jun 01, 2023 |
| Listing date (Tentative) | Jun 05, 2023 | Jun 02, 2023 |
| Anchor Lockin End date 1 | Jun 29, 2023 | |
| Anchor Lockin End date 2 | Aug 28, 2023 |
Proventus Agrocom IPO P/E ratio is 186.23, as compared to Vasa Denticity IPO P/E ratio of 30.62.
| Proventus Agrocom IPO | Vasa Denticity IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.29 | 95.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.84 | 69.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 186.23 | 30.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹264.27 Cr. | ₹205.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2 | 90.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 4 | 62.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.56 | 0.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.14 | ₹4.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 1.91 | 90.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Proventus Agrocom IPO Retail Individual Investors (RII) are offered 4,28,450 shares while in Vasa Denticity IPO retail investors are offered 4,28,450 shares. Qualified Institutional Buyers (QIB) are offered in Proventus Agrocom IPO and 8,02,000 shares in Vasa Denticity IPO.
| Proventus Agrocom IPO | Vasa Denticity IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,00,000 shares | |
| Market Maker Reservation | 45,120 shares | 2,16,000 shares |
| QIB | 8,02,000 shares | |
| NII | 4,28,450 shares | 6,02,000 shares |
| RII | 4,28,450 shares | 14,04,000 shares |
| Employee | ||
| Others | ||
| Total | 8,56,900 shares | 40,08,000 shares |
Proventus Agrocom IPO subscribed 2.70x in total, whereas Vasa Denticity IPO subscribed 73.14x.
| Proventus Agrocom IPO | Vasa Denticity IPO | |
|---|---|---|
| QIB (times) | 37.26x | |
| NII (times) | 4.65x | 156.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.74x | 58.07x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.70x | 73.14x |
