Comparison between Aaradhya Disposal IPO and Victory Electric Vehicles IPO.
Aaradhya Disposal IPO is a SME Fixed Price IPO proposed to list at NSE SME while Victory Electric Vehicles IPO is a SME Fixed Price proposed to list at NSE SME.
| Aaradhya Disposal IPO | Victory Electric Vehicles IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khambatta Securities Ltd. | Corpwis Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | Alacrity Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aaradhya Disposal IPO is up to ₹42.85 Cr whereas the issue size of the Victory Electric Vehicles IPO is up to ₹32.83 Cr. The final issue price of Aaradhya Disposal IPO is ₹116.00 per share and of Victory Electric Vehicles IPO is ₹41.00 per share.
| Aaradhya Disposal IPO | Victory Electric Vehicles IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹110.00 per share | |
| Issue Price (Upper) | ₹116.00 per share | |
| Issue Price (Final) | ₹116.00 per share | ₹41.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 36,93,600 shares | 80,07,000 shares |
| Fresh Issue Size (Amount) | up to ₹42.85 Cr | up to ₹32.83 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 | 36,93,600 shares | 80,07,000 shares |
| Issue Size Total (Amount) | up to ₹42.85 Cr | up to ₹32.83 Cr |
Aaradhya Disposal IPO opens on Aug 04, 2025, while Victory Electric Vehicles IPO opens on Jan 07, 2026. The closing date of Aaradhya Disposal IPO and Victory Electric Vehicles IPO is Aug 06, 2025, and Jan 09, 2026, respectively.
| Aaradhya Disposal IPO | Victory Electric Vehicles IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 04, 2025 | Jan 07, 2026 |
| Issue Close | Aug 06, 2025 | Jan 09, 2026 |
| Basis Of Allotment (Tentative) | Aug 07, 2025 | Jan 12, 2026 |
| Initiation of Refunds (Tentative) | Aug 08, 2025 | Jan 13, 2026 |
| Credit of Share (Tentative) | Aug 08, 2025 | Jan 13, 2026 |
| Listing date (Tentative) | Aug 11, 2025 | Jan 14, 2026 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aaradhya Disposal IPO P/E ratio is 11.57, as compared to Victory Electric Vehicles IPO P/E ratio of 12.41.
| Aaradhya Disposal IPO | Victory Electric Vehicles IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)Aaradhya Disposal Industries Ltd.'s revenue increased by 54% and profit after tax (PAT) rose by 158% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.36 | 97.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.58 | 63.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.57 | 12.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹164.00 Cr. | ₹98.77 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44.53 | 42.10 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.15 | 31.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.35 | 0.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.02 | ₹3.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.87 | 42.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aaradhya Disposal IPO Retail Individual Investors (RII) are offered 17,54,400 shares while in Victory Electric Vehicles IPO retail investors are offered 17,54,400 shares. Qualified Institutional Buyers (QIB) are offered 1,84,800 shares in Aaradhya Disposal IPO and 0 shares in Victory Electric Vehicles IPO.
| Aaradhya Disposal IPO | Victory Electric Vehicles IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,94,400 shares | 4,23,000 shares |
| QIB | 1,84,800 shares | 0 shares |
| NII | 17,54,400 shares | 40,02,000 shares |
| RII | 17,54,400 shares | 40,05,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 36,93,600 shares | 80,07,000 shares |
Aaradhya Disposal IPO subscribed 1.41x in total, whereas Victory Electric Vehicles IPO subscribed 0.95x.
| Aaradhya Disposal IPO | Victory Electric Vehicles IPO | |
|---|---|---|
| QIB (times) | 2.51x | |
| NII (times) | 1.25x | 0.91x |
| Big NII (times) | 1.65x | |
| Small NII (times) | 0.45x | |
| RII (times) | 1.46x | 0.99x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.41x | 0.95x |
