Sudarshan Pharma Industries IPO vs Vertexplus Technologies IPO

Comparison between Sudarshan Pharma Industries IPO and Vertexplus Technologies IPO.

IPO Details

Sudarshan Pharma Industries 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.

Issue Size and Price

The total issue size of Sudarshan Pharma Industries IPO is up to ₹47.58 Cr whereas the issue size of the Vertexplus Technologies IPO is up to ₹13.49 Cr. The final issue price of Sudarshan Pharma Industries IPO is ₹73.00 per share and of Vertexplus Technologies IPO is ₹96.00 per share.

 Sudarshan Pharma Industries IPOVertexplus Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share₹91.00 per share
Issue Price (Upper)₹73.00 per share₹96.00 per share
Issue Price (Final)₹73.00 per share₹96.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size65,18,400 shares14,05,200 shares
Fresh Issue Size (Amount)up to ₹47.58 Crup to ₹13.49 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total65,18,400 shares14,05,200 shares
Issue Size Total (Amount)up to ₹47.58 Crup to ₹13.49 Cr

IPO Timetable

Sudarshan Pharma Industries IPO opens on Mar 09, 2023, while Vertexplus Technologies IPO opens on Mar 02, 2023. The closing date of Sudarshan Pharma Industries IPO and Vertexplus Technologies IPO is Mar 14, 2023, and Mar 06, 2023, respectively.

 Sudarshan Pharma Industries IPOVertexplus Technologies IPO
Anchor Bid DateMar 08, 2023Mar 01, 2023
Issue OpenMar 09, 2023Mar 02, 2023
Issue CloseMar 14, 2023Mar 06, 2023
Basis Of Allotment (Tentative)Mar 17, 2023Mar 10, 2023
Initiation of Refunds (Tentative)Mar 20, 2023Mar 13, 2023
Credit of Share (Tentative)Mar 21, 2023Mar 14, 2023
Listing date (Tentative)Mar 22, 2023Mar 15, 2023
Anchor Lockin End date 1Apr 16, 2023Apr 09, 2023
Anchor Lockin End date 2Jun 15, 2023Jun 08, 2023

Financials & KPIs

Sudarshan Pharma Industries IPO P/E ratio is 24.33, as compared to Vertexplus Technologies IPO P/E ratio of 28.83.

 Sudarshan Pharma Industries IPOVertexplus Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 2021
Assets164.02137.5299.26
Total Income195.90357.56193.73
Profit After Tax3.615.302.67
NET Worth51.0929.7822.51
Reserves and Surplus39.9720.0312.96
Total Borrowing49.4130.5929.77
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets15.9913.0911.049.90
Total Income10.9221.3220.2619.64
Profit After Tax0.911.861.050.61
NET Worth8.086.734.873.80
Reserves and Surplus4.082.734.863.79
Total Borrowing3.612.792.272.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)80.28100.00
Promoter Shareholding (Post-Issue)
P/E Ratio24.3328.83
Market Cap₹175.68 Cr.₹52.60 Cr.
ROE17.8128.06
ROCE38.5943.02
Debt/Equity1.090.37
EPS₹5.52₹4.56
RoNW17.8124.61

Shares Offered

In the Sudarshan Pharma Industries IPO Retail Individual Investors (RII) are offered 36,51,200 shares while in Vertexplus Technologies IPO retail investors are offered 36,51,200 shares. Qualified Institutional Buyers (QIB) are offered 5,21,600 shares in Sudarshan Pharma Industries IPO and 2,86,800 shares in Vertexplus Technologies IPO.

 Sudarshan Pharma Industries IPOVertexplus Technologies IPO
Anchor Investor Reservation7,80,800 shares4,15,200 shares
Market Maker Reservation3,44,000 shares74,400 shares
QIB5,21,600 shares2,86,800 shares
NII15,64,800 shares2,11,200 shares
RII36,51,200 shares4,92,000 shares
Employee
Others
Total65,18,400 shares14,05,200 shares

Bids Received (Subscription)

Sudarshan Pharma Industries IPO subscribed 0.99x in total, whereas Vertexplus Technologies IPO subscribed 11.01x.

Compare with others

Compare: