Comparison between Earkart IPO and Vegorama Punjabi Angithi IPO.
Earkart IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vegorama Punjabi Angithi IPO is a SME Bookbuilding proposed to list at BSE SME.
| Earkart IPO | Vegorama Punjabi Angithi IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Corporate Makers Capital Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Pace Stock Broking Services Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Earkart IPO is up to ₹46.76 Cr whereas the issue size of the Vegorama Punjabi Angithi IPO is up to ₹36.44 Cr. The final issue price of Earkart IPO is ₹135.00 per share and of Vegorama Punjabi Angithi IPO is ₹77.00 per share.
| Earkart IPO | Vegorama Punjabi Angithi IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹73.00 per share | |
| Issue Price (Upper) | ₹77.00 per share | |
| Issue Price (Final) | ₹135.00 per share | ₹77.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 31,30,000 shares | 37,36,000 shares |
| Fresh Issue Size (Amount) | up to ₹42.26 Cr | up to ₹28.77 Cr |
| OFS Issue Size | 3,34,000 shares | 9,96,800 shares |
| OFS Issue Size (Amount) | up to ₹4.51 Cr | up to ₹7.68 Cr |
| Issue Size Total | 34,64,000 shares | 47,32,800 shares |
| Issue Size Total (Amount) | up to ₹46.76 Cr | up to ₹36.44 Cr |
Earkart IPO opens on Sep 25, 2025, while Vegorama Punjabi Angithi IPO opens on May 20, 2026. The closing date of Earkart IPO and Vegorama Punjabi Angithi IPO is Sep 29, 2025, and May 22, 2026, respectively.
| Earkart IPO | Vegorama Punjabi Angithi IPO | |
|---|---|---|
| Anchor Bid Date | May 19, 2026 | |
| Issue Open | Sep 25, 2025 | May 20, 2026 |
| Issue Close | Sep 29, 2025 | May 22, 2026 |
| Basis Of Allotment (Tentative) | Sep 30, 2025 | May 25, 2026 |
| Initiation of Refunds (Tentative) | Oct 01, 2025 | May 26, 2026 |
| Credit of Share (Tentative) | Oct 01, 2025 | May 26, 2026 |
| Listing date (Tentative) | Oct 03, 2025 | May 27, 2026 |
| Anchor Lockin End date 1 | Jun 23, 2026 | |
| Anchor Lockin End date 2 | Aug 22, 2026 |
Earkart IPO P/E ratio is 20.48, as compared to Vegorama Punjabi Angithi IPO P/E ratio of 11.82.
| Earkart IPO | Vegorama Punjabi Angithi IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 78.75 | 99.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 57.34 | 69.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.48 | 11.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹185.68 Cr. | ₹127.90 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.55 | 80.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.32 | 76.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.59 | ₹6.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.55 | 80.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Earkart IPO Retail Individual Investors (RII) are offered 17,32,000 shares while in Vegorama Punjabi Angithi IPO retail investors are offered 17,32,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Earkart IPO and 9,48,800 shares in Vegorama Punjabi Angithi IPO.
| Earkart IPO | Vegorama Punjabi Angithi IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 14,16,000 shares |
| Market Maker Reservation | 1,85,000 shares | 2,51,200 shares |
| QIB | 0 shares | 9,48,800 shares |
| NII | 17,32,000 shares | 7,10,400 shares |
| RII | 17,32,000 shares | 16,57,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 34,64,000 shares | 47,32,800 shares |
Earkart IPO subscribed 1.28x in total, whereas Vegorama Punjabi Angithi IPO subscribed 24.63x.
| Earkart IPO | Vegorama Punjabi Angithi IPO | |
|---|---|---|
| QIB (times) | 26.46x | |
| NII (times) | 2.20x | 63.93x |
| Big NII (times) | 77.50x | |
| Small NII (times) | 36.79x | |
| RII (times) | 0.35x | 27.79x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.28x | 24.63x |
