Srivasavi Adhesive Tapes IPO vs Viaz Tyres IPO

Comparison between Srivasavi Adhesive Tapes IPO and Viaz Tyres IPO.

IPO Details

Srivasavi Adhesive Tapes IPO is a SME Fixed Price IPO proposed to list at NSE SME while Viaz Tyres IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Srivasavi Adhesive Tapes IPO is up to ₹14.71 Cr whereas the issue size of the Viaz Tyres IPO is up to ₹19.00 Cr. The final issue price of Srivasavi Adhesive Tapes IPO is ₹41.00 per share and of Viaz Tyres IPO is ₹62.00 per share.

 Srivasavi Adhesive Tapes IPOViaz Tyres IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹41.00 per share₹62.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size35,88,000 shares30,64,000 shares
Fresh Issue Size (Amount)up to ₹14.71 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 Total35,88,000 shares30,64,000 shares
Issue Size Total (Amount)up to ₹14.71 Crup to ₹19.00 Cr

IPO Timetable

Srivasavi Adhesive Tapes IPO opens on Feb 23, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of Srivasavi Adhesive Tapes IPO and Viaz Tyres IPO is Feb 28, 2023, and Feb 21, 2023, respectively.

Financials & KPIs

Srivasavi Adhesive Tapes IPO P/E ratio is 16.08, as compared to Viaz Tyres IPO P/E ratio of 24.9.

 Srivasavi Adhesive Tapes IPOViaz Tyres IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets30.5227.6322.6420.39
Total Income30.7363.9255.6746.35
Profit After Tax1.813.621.871.01
NET Worth12.2410.446.814.94
Reserves and Surplus1.859.195.573.69
Total Borrowing6.006.073.955.73
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets34.0628.9827.1324.30
Total Income23.7929.3329.1719.94
Profit After Tax1.531.470.610.15
NET Worth10.986.404.944.33
Reserves and Surplus0.000.000.000.00
Total Borrowing20.0319.9620.4818.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.8499.2
Promoter Shareholding (Post-Issue)73.2173.07
P/E Ratio16.0824.9
Market Cap₹58.11 Cr.₹75.96 Cr.
ROE41.9925.91
ROCE52.2919.98
Debt/Equity0.583.12
EPS₹3.48₹1.72
RoNW34.722.94

Shares Offered

In the Srivasavi Adhesive Tapes IPO Retail Individual Investors (RII) are offered 17,94,000 shares while in Viaz Tyres IPO retail investors are offered 17,94,000 shares. Qualified Institutional Buyers (QIB) are offered in Srivasavi Adhesive Tapes IPO and in Viaz Tyres IPO.

 Srivasavi Adhesive Tapes IPOViaz Tyres IPO
Anchor Investor Reservation
Market Maker Reservation1,92,000 shares1,62,000 shares
QIB
NII17,94,000 shares15,32,000 shares
RII17,94,000 shares15,32,000 shares
Employee
Others
Total35,88,000 shares30,64,000 shares

Bids Received (Subscription)

Srivasavi Adhesive Tapes IPO subscribed 7.75x in total, whereas Viaz Tyres IPO subscribed 5.79x.

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Srivasavi Adhesive Tapes IPO Vs Viaz Tyres IPO