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ITCONS E-Solutions IPO vs Viaz Tyres IPO

Comparison between ITCONS E-Solutions IPO and Viaz Tyres IPO.

IPO Details

ITCONS E-Solutions 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.

 ITCONS E-Solutions IPOViaz Tyres IPO
LogoITCONS E-Solutions IPO LogoViaz Tyres IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.MUFG Intime India Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of ITCONS E-Solutions IPO is up to ₹8.23 Cr whereas the issue size of the Viaz Tyres IPO is up to ₹19.00 Cr. The final issue price of ITCONS E-Solutions IPO is ₹51.00 per share and of Viaz Tyres IPO is ₹62.00 per share.

 ITCONS E-Solutions IPOViaz Tyres IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹62.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size16,14,000 shares30,64,000 shares
Fresh Issue Size (Amount)up to ₹8.23 Crup to ₹19.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,14,000 shares30,64,000 shares
Issue Size Total (Amount)up to ₹8.23 Crup to ₹19.00 Cr

IPO Timetable

ITCONS E-Solutions IPO opens on Feb 28, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of ITCONS E-Solutions IPO and Viaz Tyres IPO is Mar 02, 2023, and Feb 21, 2023, respectively.

 ITCONS E-Solutions IPOViaz Tyres IPO
Anchor Bid Date
Issue OpenFeb 28, 2023Feb 16, 2023
Issue CloseMar 02, 2023Feb 21, 2023
Basis Of Allotment (Tentative)Mar 08, 2023Feb 24, 2023
Initiation of Refunds (Tentative)Mar 09, 2023Feb 27, 2023
Credit of Share (Tentative)Mar 10, 2023Feb 28, 2023
Listing date (Tentative)Mar 13, 2023Mar 01, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

ITCONS E-Solutions IPO P/E ratio is 12.09, as compared to Viaz Tyres IPO P/E ratio of 24.9.

 ITCONS E-Solutions IPOViaz Tyres IPO
Financials
ITCONS E-Solutions Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20351.17834.9510.5796.7895.64145.06
31-Mar-21341.21842.487.53104.31103.17136.33
31-Mar-22470.711,820.36119.11223.42222.28106.23
30-Sep-22792.371,605.05106.12462.23129.36176.70
Amount in ₹ Lakhs
Viaz Tyres Limited Financial Information (Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-202,429.971,994.3714.51432.931,895.94
31-Mar-212,713.322,917.2660.64493.562,047.89
31-Mar-222,898.382,933.04146.91640.471,996.09
30-Sep-223,405.872,379.10152.721,098.192,003.36
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)89.6799.2
Promoter Shareholding (Post-Issue)59.3673.07
P/E Ratio12.0924.9
Market Cap₹25.65 Cr.₹75.96 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the ITCONS E-Solutions IPO Retail Individual Investors (RII) are offered 8,08,000 shares while in Viaz Tyres IPO retail investors are offered 8,08,000 shares. Qualified Institutional Buyers (QIB) are offered in ITCONS E-Solutions IPO and in Viaz Tyres IPO.

 ITCONS E-Solutions IPOViaz Tyres IPO
Anchor Investor Reserveration
Market Maker Reserveration86,000 shares1,62,000 shares
QIB
NII8,06,000 shares15,32,000 shares
RII8,08,000 shares15,32,000 shares
Employee
Others
Total16,14,000 shares30,64,000 shares

Bids Received (Subscription)

ITCONS E-Solutions IPO subscribed 16.79x in total, whereas Viaz Tyres IPO subscribed 5.79x.

 ITCONS E-Solutions IPOViaz Tyres IPO
QIB (times)
NII (times)16.12x5.33x
Big NII (times)
Small NII (times)
RII (times)17.45x6.25x
Employee (times)
Other (times)
Total (times)16.79x5.79x