S K S Textiles IPO vs Vasa Retail IPO

Comparison between S K S Textiles IPO and Vasa Retail IPO.

IPO Details

S K S Textiles IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vasa Retail IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of S K S Textiles IPO is up to ₹12.60 Cr whereas the issue size of the Vasa Retail IPO is up to ₹4.54 Cr. The final issue price of S K S Textiles IPO is ₹150.00 per share and of Vasa Retail IPO is ₹30.00 per share.

 S K S Textiles IPOVasa Retail IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹150.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares4000 shares
Fresh Issue Size3,90,000 shares15,12,000 shares
Fresh Issue Size (Amount)up to ₹5.85 Crup to ₹4.54 Cr
OFS Issue Size4,50,000 shares0 shares
OFS Issue Size (Amount)up to ₹6.75 Crup to ₹0.00 Cr
Issue Size Total8,40,000 shares15,12,000 shares
Issue Size Total (Amount)up to ₹12.60 Crup to ₹4.54 Cr

IPO Timetable

S K S Textiles IPO opens on Jan 09, 2018, while Vasa Retail IPO opens on Jan 24, 2018. The closing date of S K S Textiles IPO and Vasa Retail IPO is Jan 11, 2018, and Jan 29, 2018, respectively.

 S K S Textiles IPOVasa Retail IPO
Issue OpenJan 09, 2018Jan 24, 2018
Issue CloseJan 11, 2018Jan 29, 2018
Basis Of Allotment (Tentative)Jan 17, 2018Feb 02, 2018
Listing date (Tentative)Jan 19, 2018Feb 06, 2018

Financials & KPIs

S K S Textiles IPO P/E ratio is , as compared to Vasa Retail IPO P/E ratio of .

 S K S Textiles IPOVasa Retail IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets117.96101.61104.5384.81
Total Income75.16158.75147.82131.76
Profit After Tax1.121.611.451.09
NET Worth30.5529.4827.9726.62
Reserves and Surplus27.7328.4526.9425.59
Total Borrowing36.3234.5333.3430.93
Amount in ₹ Crore

Company Financials (Restated)

Period Ended20 Oct 201731 Mar 201731 Mar 201631 Mar 2015
Assets24.6114.2712.898.44
Total Income17.9223.8521.8618.82
Profit After Tax0.860.92-0.15-0.11
NET Worth3.732.051.341.02
Total Borrowing8.585.444.913.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%95.45%
Promoter Shareholding (Post-Issue)72.76%69.96%
Market Cap₹48.89 Cr.₹17.98 Cr.

Shares Offered

In the S K S Textiles IPO Retail Individual Investors (RII) are offered 4,20,000 shares while in Vasa Retail IPO retail investors are offered 4,20,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in S K S Textiles IPO and 0 shares in Vasa Retail IPO.

 S K S Textiles IPOVasa Retail IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation48,000 shares88,000 shares
QIB0 shares0 shares
NII4,20,000 shares7,56,000 shares
RII4,20,000 shares7,56,000 shares
Employee0 shares0 shares
Total8,40,000 shares15,12,000 shares

Bids Received (Subscription)

S K S Textiles IPO subscribed 14.80x in total, whereas Vasa Retail IPO subscribed 217.70x.

 S K S Textiles IPOVasa Retail IPO
NII (times)6.90x175.44x
RII (times)22.70x259.96x
Total (times)14.80x217.70x

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S K S Textiles IPO Vs Vasa Retail IPO