Comparison between Trident Lifeline IPO and Vedant Asset IPO.
Trident Lifeline 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.
| Trident Lifeline IPO | Vedant Asset IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Hem Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Trident Lifeline IPO is up to ₹33.57 Cr whereas the issue size of the Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Trident Lifeline IPO is ₹101.00 per share and of Vedant Asset IPO is ₹40.00 per share.
| Trident Lifeline IPO | Vedant Asset IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹101.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 33,24,000 shares | 7,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹33.57 Cr | up to ₹2.83 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 33,24,000 shares | 7,08,000 shares |
| Issue Size Total (Amount) | up to ₹33.57 Cr | up to ₹2.83 Cr |
Trident Lifeline IPO opens on Sep 26, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Trident Lifeline IPO and Vedant Asset IPO is Sep 29, 2022, and Oct 04, 2022, respectively.
| Trident Lifeline IPO | Vedant Asset IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 26, 2022 | Sep 30, 2022 |
| Issue Close | Sep 29, 2022 | Oct 04, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 10, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 11, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 12, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 12, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Trident Lifeline IPO P/E ratio is 51.53, as compared to Vedant Asset IPO P/E ratio of 80.
| Trident Lifeline IPO | Vedant Asset IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.57 | 72.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 51.53 | 80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.14 Cr. | ₹11.05 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.98 | ₹0.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.33 | 6.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Trident Lifeline IPO Retail Individual Investors (RII) are offered 16,62,000 shares while in Vedant Asset IPO retail investors are offered 16,62,000 shares. Qualified Institutional Buyers (QIB) are offered in Trident Lifeline IPO and in Vedant Asset IPO.
| Trident Lifeline IPO | Vedant Asset IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,75,200 shares | 42,000 shares |
| QIB | ||
| NII | 16,62,000 shares | 3,54,000 shares |
| RII | 16,62,000 shares | 3,54,000 shares |
| Employee | ||
| Others | ||
| Total | 33,24,000 shares | 7,08,000 shares |
Trident Lifeline IPO subscribed 1.34x in total, whereas Vedant Asset IPO subscribed 49.07x.
| Trident Lifeline IPO | Vedant Asset IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.69x | 42.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.98x | 55.16x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.34x | 49.07x |
