Comparison between Patron Exim IPO and Viaz Tyres IPO.
Patron Exim 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.
| Patron Exim 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 | Interactive Financial Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Patron Exim IPO is up to ₹15.83 Cr whereas the issue size of the Viaz Tyres IPO is up to ₹19.00 Cr. The final issue price of Patron Exim IPO is ₹27.00 per share and of Viaz Tyres IPO is ₹62.00 per share.
| Patron Exim IPO | Viaz Tyres IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹27.00 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 | 58,64,000 shares | 30,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.83 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 | 58,64,000 shares | 30,64,000 shares |
| Issue Size Total (Amount) | up to ₹15.83 Cr | up to ₹19.00 Cr |
Patron Exim IPO opens on Feb 21, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of Patron Exim IPO and Viaz Tyres IPO is Feb 24, 2023, and Feb 21, 2023, respectively.
| Patron Exim IPO | Viaz Tyres IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 21, 2023 | Feb 16, 2023 |
| Issue Close | Feb 24, 2023 | Feb 21, 2023 |
| Basis Of Allotment (Tentative) | Mar 01, 2023 | Feb 24, 2023 |
| Initiation of Refunds (Tentative) | Mar 02, 2023 | Feb 27, 2023 |
| Credit of Share (Tentative) | Mar 03, 2023 | Feb 28, 2023 |
| Listing date (Tentative) | Mar 06, 2023 | Mar 01, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Patron Exim IPO P/E ratio is 28.72, as compared to Viaz Tyres IPO P/E ratio of 24.9.
| Patron Exim IPO | Viaz Tyres IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.06 | 99.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.18 | 73.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.72 | 24.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹62.59 Cr. | ₹75.96 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.62 | ₹1.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.15 | 22.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Patron Exim IPO Retail Individual Investors (RII) are offered 29,32,000 shares while in Viaz Tyres IPO retail investors are offered 29,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Patron Exim IPO and in Viaz Tyres IPO.
| Patron Exim IPO | Viaz Tyres IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,16,000 shares | 1,62,000 shares |
| QIB | ||
| NII | 29,32,000 shares | 15,32,000 shares |
| RII | 29,32,000 shares | 15,32,000 shares |
| Employee | ||
| Others | ||
| Total | 58,64,000 shares | 30,64,000 shares |
Patron Exim IPO subscribed 1.07x in total, whereas Viaz Tyres IPO subscribed 5.79x.
| Patron Exim IPO | Viaz Tyres IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.97x | 5.33x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.17x | 6.25x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.07x | 5.79x |
