Comparison between Trident Lifeline IPO and Vedant Asset IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Trident Lifeline IPO P/E ratio is 51.53, as compared to Vedant Asset IPO P/E ratio of 80.
Shares Offered
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 |
|---|
| Market Maker Reservation | 1,75,200 shares | 42,000 shares |
| NII | 16,62,000 shares | 3,54,000 shares |
| RII | 16,62,000 shares | 3,54,000 shares |
| Total | 33,24,000 shares | 7,08,000 shares |
Bids Received (Subscription)
Trident Lifeline IPO subscribed 1.34x in total, whereas Vedant Asset IPO subscribed 49.07x.
