Comparison between ResGen IPO and Vertexplus Technologies IPO.
ResGen IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vertexplus Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| ResGen IPO | Vertexplus Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of ResGen IPO is up to ₹26.79 Cr whereas the issue size of the Vertexplus Technologies IPO is up to ₹13.49 Cr. The final issue price of ResGen IPO is ₹47.00 per share and of Vertexplus Technologies IPO is ₹96.00 per share.
| ResGen IPO | Vertexplus Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹45.00 per share | ₹91.00 per share |
| Issue Price (Upper) | ₹47.00 per share | ₹96.00 per share |
| Issue Price (Final) | ₹47.00 per share | ₹96.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 57,00,000 shares | 14,05,200 shares |
| Fresh Issue Size (Amount) | up to ₹26.79 Cr | up to ₹13.49 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 | 57,00,000 shares | 14,05,200 shares |
| Issue Size Total (Amount) | up to ₹26.79 Cr | up to ₹13.49 Cr |
ResGen IPO opens on Feb 28, 2023, while Vertexplus Technologies IPO opens on Mar 02, 2023. The closing date of ResGen IPO and Vertexplus Technologies IPO is Mar 02, 2023, and Mar 06, 2023, respectively.
| ResGen IPO | Vertexplus Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Feb 27, 2023 | Mar 01, 2023 |
| Issue Open | Feb 28, 2023 | Mar 02, 2023 |
| Issue Close | Mar 02, 2023 | Mar 06, 2023 |
| Basis Of Allotment (Tentative) | Mar 08, 2023 | Mar 10, 2023 |
| Initiation of Refunds (Tentative) | Mar 09, 2023 | Mar 13, 2023 |
| Credit of Share (Tentative) | Mar 10, 2023 | Mar 14, 2023 |
| Listing date (Tentative) | Mar 13, 2023 | Mar 15, 2023 |
| Anchor Lockin End date 1 | Apr 07, 2023 | Apr 09, 2023 |
| Anchor Lockin End date 2 | Jun 06, 2023 | Jun 08, 2023 |
ResGen IPO P/E ratio is 27.33, as compared to Vertexplus Technologies IPO P/E ratio of 28.83.
| ResGen IPO | Vertexplus Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.15 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 27.33 | 28.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹98.58 Cr. | ₹52.60 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20 | 28.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.57 | 43.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.54 | 0.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹17.90 | ₹4.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20 | 24.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ResGen IPO Retail Individual Investors (RII) are offered 19,98,000 shares while in Vertexplus Technologies IPO retail investors are offered 19,98,000 shares. Qualified Institutional Buyers (QIB) are offered 11,28,000 shares in ResGen IPO and 2,86,800 shares in Vertexplus Technologies IPO.
| ResGen IPO | Vertexplus Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,92,000 shares | 4,15,200 shares |
| Market Maker Reservation | 3,00,000 shares | 74,400 shares |
| QIB | 11,28,000 shares | 2,86,800 shares |
| NII | 8,82,000 shares | 2,11,200 shares |
| RII | 19,98,000 shares | 4,92,000 shares |
| Employee | ||
| Others | ||
| Total | 57,00,000 shares | 14,05,200 shares |
ResGen IPO subscribed 2.50x in total, whereas Vertexplus Technologies IPO subscribed 11.01x.
| ResGen IPO | Vertexplus Technologies IPO | |
|---|---|---|
| QIB (times) | 1.09x | 1.43x |
| NII (times) | 3.87x | 35.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.88x | 15.53x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.50x | 11.01x |
