Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

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.

 Srivasavi Adhesive Tapes IPOViaz Tyres IPO
LogoSrivasavi Adhesive Tapes IPO LogoViaz Tyres IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerShreni Shares 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 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.

 Srivasavi Adhesive Tapes IPOViaz Tyres IPO
Anchor Bid Date
Issue OpenFeb 23, 2023Feb 16, 2023
Issue CloseFeb 28, 2023Feb 21, 2023
Basis Of Allotment (Tentative)Mar 03, 2023Feb 24, 2023
Initiation of Refunds (Tentative)Mar 06, 2023Feb 27, 2023
Credit of Share (Tentative)Mar 08, 2023Feb 28, 2023
Listing date (Tentative)Mar 09, 2023Mar 01, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

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
Srivasavi Adhesive Tapes Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,038.864,634.50101.13494.07369.34572.93
31-Mar-212,263.665,566.61187.34681.41556.68395.02
31-Mar-222,763.356,392.19362.121,043.53918.80607.08
30-Sep-223,051.983,072.61180.731,224.25184.84600.06
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)99.8499.2
Promoter Shareholding (Post-Issue)73.2173.07
P/E Ratio16.0824.9
Market Cap₹58.11 Cr.₹75.96 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

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 Reserveration
Market Maker Reserveration1,92,000 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.

 Srivasavi Adhesive Tapes IPOViaz Tyres IPO
QIB (times)
NII (times)7.12x5.33x
Big NII (times)
Small NII (times)
RII (times)8.38x6.25x
Employee (times)
Other (times)
Total (times)7.75x5.79x