Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Silicon Rental Solutions IPO vs Vedant Asset IPO

Comparison between Silicon Rental Solutions IPO and Vedant Asset IPO.

IPO Details

Silicon Rental Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vedant Asset IPO is a SME Fixed Price proposed to list at BSE SME.

 Silicon Rental Solutions IPOVedant Asset IPO
LogoSilicon Rental Solutions IPO LogoVedant Asset IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Securities Ltd.Hem Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Silicon Rental Solutions IPO is up to ₹20.09 Cr whereas the issue size of the Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Silicon Rental Solutions IPO is ₹78.00 per share and of Vedant Asset IPO is ₹40.00 per share.

 Silicon Rental Solutions IPOVedant Asset IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹78.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size25,76,000 shares7,08,000 shares
Fresh Issue Size (Amount)up to ₹20.09 Crup to ₹2.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,76,000 shares7,08,000 shares
Issue Size Total (Amount)up to ₹20.09 Crup to ₹2.83 Cr

IPO Timetable

Silicon Rental Solutions IPO opens on Sep 28, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Silicon Rental Solutions IPO and Vedant Asset IPO is Sep 30, 2022, and Oct 04, 2022, respectively.

 Silicon Rental Solutions IPOVedant Asset IPO
Anchor Bid Date
Issue OpenSep 28, 2022Sep 30, 2022
Issue CloseSep 30, 2022Oct 04, 2022
Basis Of Allotment (Tentative)Oct 06, 2022Oct 10, 2022
Initiation of Refunds (Tentative)Oct 07, 2022Oct 11, 2022
Credit of Share (Tentative)Oct 10, 2022Oct 12, 2022
Listing date (Tentative)Oct 10, 2022Oct 12, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Silicon Rental Solutions IPO P/E ratio is 10.73, as compared to Vedant Asset IPO P/E ratio of 80.

 Silicon Rental Solutions IPOVedant Asset IPO
Financials
Silicon Rental Solutions Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxReserves and Surplus
31-Mar-201762.251227.85215.5581.54
31-Mar-212236.451375.65270.39851.93
31-Mar-224172.42467.91746.541598.47
Amount in ₹ Lakhs
Vedant Asset Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-2083.1361.233.45.384.3874.32
31-Mar-21239.16113.478.68214.2213.0617.4
31-Mar-22254.63167.2313.81228.0326.870
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.7999.99
Promoter Shareholding (Post-Issue)73.4472.83
P/E Ratio10.7380
Market Cap₹80.12 Cr.₹11.05 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Silicon Rental Solutions IPO Retail Individual Investors (RII) are offered 12,88,000 shares while in Vedant Asset IPO retail investors are offered 12,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Silicon Rental Solutions IPO and in Vedant Asset IPO.

 Silicon Rental Solutions IPOVedant Asset IPO
Anchor Investor Reserveration
Market Maker Reserveration1,36,000 shares42,000 shares
QIB
NII12,88,000 shares3,54,000 shares
RII12,88,000 shares3,54,000 shares
Employee
Others
Total25,76,000 shares7,08,000 shares

Bids Received (Subscription)

Silicon Rental Solutions IPO subscribed 2.89x in total, whereas Vedant Asset IPO subscribed 49.07x.

 Silicon Rental Solutions IPOVedant Asset IPO
QIB (times)
NII (times)2.85x42.98x
Big NII (times)
Small NII (times)
RII (times)2.92x55.16x
Employee (times)
Other (times)
Total (times)2.89x49.07x