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.

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.

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

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets41.7222.3617.62
Total Income24.6813.7612.28
Profit After Tax7.472.702.16
NET Worth0.000.000.00
Reserves and Surplus15.988.525.82
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets2.552.390.83
Total Income1.671.130.61
Profit After Tax0.140.090.03
NET Worth2.282.140.05
Reserves and Surplus0.270.130.04
Total Borrowing0.000.170.74
Amount in ₹ Crore
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.
ROE43.95
ROCE30.8
Debt/Equity0.98
EPS₹12.48₹0.69
RoNW43.956.05

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 Reservation
Market Maker Reservation1,36,000 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.

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