Comparison between Swastik Pipe IPO and Vedant Asset IPO.
IPO Details
Swastik Pipe IPO is a SME Fixed Price IPO proposed to list at NSE 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 Swastik Pipe IPO is up to ₹59.38 Cr whereas the issue size of the Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Swastik Pipe IPO is ₹100.00 per share and of Vedant Asset IPO is ₹40.00 per share.
IPO Timetable
Swastik Pipe IPO opens on Sep 29, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Swastik Pipe IPO and Vedant Asset IPO is Oct 03, 2022, and Oct 04, 2022, respectively.
| | Swastik Pipe IPO | Vedant Asset IPO |
|---|
| Issue Open | Sep 29, 2022 | Sep 30, 2022 |
| Issue Close | Oct 03, 2022 | Oct 04, 2022 |
| Basis Of Allotment (Tentative) | Oct 07, 2022 | Oct 10, 2022 |
| Initiation of Refunds (Tentative) | Oct 10, 2022 | Oct 11, 2022 |
| Credit of Share (Tentative) | Oct 11, 2022 | Oct 12, 2022 |
| Listing date (Tentative) | Oct 12, 2022 | Oct 12, 2022 |
Financials & KPIs
Swastik Pipe IPO P/E ratio is 11.38, as compared to Vedant Asset IPO P/E ratio of 80.
Shares Offered
In the Swastik Pipe IPO Retail Individual Investors (RII) are offered 29,68,800 shares while in Vedant Asset IPO retail investors are offered 29,68,800 shares. Qualified Institutional Buyers (QIB) are offered in Swastik Pipe IPO and in Vedant Asset IPO.
| | Swastik Pipe IPO | Vedant Asset IPO |
|---|
| Market Maker Reservation | 3,14,400 shares | 42,000 shares |
| NII | 29,68,800 shares | 3,54,000 shares |
| RII | 29,68,800 shares | 3,54,000 shares |
| Total | 59,37,600 shares | 7,08,000 shares |
Bids Received (Subscription)
Swastik Pipe IPO subscribed 1.35x in total, whereas Vedant Asset IPO subscribed 49.07x.
