Comparison between Indong Tea IPO and Viaz Tyres IPO.
Indong Tea IPO is a SME Fixed Price IPO proposed to list at BSE SME while Viaz Tyres IPO is a SME Fixed Price proposed to list at NSE SME.
| Indong Tea IPO | Viaz Tyres IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Indong Tea IPO is up to ₹12.36 Cr whereas the issue size of the Viaz Tyres IPO is up to ₹19.00 Cr. The final issue price of Indong Tea IPO is ₹26.00 per share and of Viaz Tyres IPO is ₹62.00 per share.
| Indong Tea IPO | Viaz Tyres IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹26.00 per share | ₹62.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 47,52,000 shares | 30,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.36 Cr | up to ₹19.00 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 | 47,52,000 shares | 30,64,000 shares |
| Issue Size Total (Amount) | up to ₹12.36 Cr | up to ₹19.00 Cr |
Indong Tea IPO opens on Feb 09, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of Indong Tea IPO and Viaz Tyres IPO is Feb 13, 2023, and Feb 21, 2023, respectively.
| Indong Tea IPO | Viaz Tyres IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 09, 2023 | Feb 16, 2023 |
| Issue Close | Feb 13, 2023 | Feb 21, 2023 |
| Basis Of Allotment (Tentative) | Feb 16, 2023 | Feb 24, 2023 |
| Initiation of Refunds (Tentative) | Feb 17, 2023 | Feb 27, 2023 |
| Credit of Share (Tentative) | Feb 20, 2023 | Feb 28, 2023 |
| Listing date (Tentative) | Feb 21, 2023 | Mar 01, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Indong Tea IPO P/E ratio is 9.52, as compared to Viaz Tyres IPO P/E ratio of 24.9.
| Indong Tea IPO | Viaz Tyres IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.09 | 99.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.03 | 73.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.52 | 24.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹39.00 Cr. | ₹75.96 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indong Tea IPO Retail Individual Investors (RII) are offered 23,76,000 shares while in Viaz Tyres IPO retail investors are offered 23,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Indong Tea IPO and in Viaz Tyres IPO.
| Indong Tea IPO | Viaz Tyres IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 5,04,000 shares | 1,62,000 shares |
| QIB | ||
| NII | 23,76,000 shares | 15,32,000 shares |
| RII | 23,76,000 shares | 15,32,000 shares |
| Employee | ||
| Others | ||
| Total | 47,52,000 shares | 30,64,000 shares |
Indong Tea IPO subscribed 4.97x in total, whereas Viaz Tyres IPO subscribed 5.79x.
| Indong Tea IPO | Viaz Tyres IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.17x | 5.33x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.76x | 6.25x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.97x | 5.79x |
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