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

Piotex Industries IPO vs Vilas Transcore IPO

Comparison between Piotex Industries IPO and Vilas Transcore IPO.

IPO Details

Piotex Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vilas Transcore IPO is a SME Bookbuilding proposed to list at NSE SME.

 Piotex Industries IPOVilas Transcore IPO
LogoPiotex Industries IPO LogoVilas Transcore IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Piotex Industries IPO is up to ₹13.74 Cr whereas the issue size of the Vilas Transcore IPO is up to ₹90.46 Cr. The final issue price of Piotex Industries IPO is ₹94.00 per share and of Vilas Transcore IPO is ₹147.00 per share.

 Piotex Industries IPOVilas Transcore IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹139.00 per share
Issue Price (Upper)₹147.00 per share
Issue Price (Final)₹94.00 per share₹147.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1000 shares
Fresh Issue Size14,61,600 shares61,54,000 shares
Fresh Issue Size (Amount)up to ₹13.74 Crup to ₹90.46 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,61,600 shares61,54,000 shares
Issue Size Total (Amount)up to ₹13.74 Crup to ₹90.46 Cr

IPO Timetable

Piotex Industries IPO opens on May 10, 2024, while Vilas Transcore IPO opens on May 27, 2024. The closing date of Piotex Industries IPO and Vilas Transcore IPO is May 14, 2024, and May 29, 2024, respectively.

 Piotex Industries IPOVilas Transcore IPO
Anchor Bid DateMay 24, 2024
Issue OpenMay 10, 2024May 27, 2024
Issue CloseMay 14, 2024May 29, 2024
Basis Of Allotment (Tentative)May 15, 2024May 30, 2024
Initiation of Refunds (Tentative)May 16, 2024May 31, 2024
Credit of Share (Tentative)May 16, 2024May 31, 2024
Listing date (Tentative)May 17, 2024Jun 03, 2024
Anchor Lockin End date 1Jun 29, 2024
Anchor Lockin End date 2Aug 28, 2024

Financials & KPIs

Piotex Industries IPO P/E ratio is 11.14, as compared to Vilas Transcore IPO P/E ratio of 13.12.

 Piotex Industries IPOVilas Transcore IPO
Financials

Piotex Industries Limited Financial Information (Restated)

Piotex Industries Limited's revenue increased by 37.23% and profit after tax (PAT) rose by 4.17% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,610.591,757.681,385.47
Total Income11,893.888,667.218,046.39
Profit After Tax300.80288.7574.29
Net Worth897.18440.07151.32
Reserves and Surplus582.47425.07136.32
Total Borrowing445.94372.30528.58
Amount in ₹ Lakhs

Vilas Transcore Limited Financial Information (Restated)

Vilas Transcore Limited's revenue increased by 21.09% and profit after tax (PAT) rose by 12.89% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets20,820.5018,879.8317,265.6414,266.28
Total Income23,829.5728,478.1423,518.0513,485.41
Profit After Tax1,679.492,022.431,791.49523.42
Net Worth13,725.3312,045.8410,023.418,231.92
Reserves and Surplus13,531.3813,404.0811,451.239,729.31
Total Borrowing499.95489.62346.72757.83
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0099.97
Promoter Shareholding (Post-Issue)69.8373.01
P/E Ratio11.1413.12
Market Cap₹47.97 Cr.₹359.86 Cr.
ROE44.99%13.03%
ROCE33.20%16.10%
Debt/Equity0.500.03
EPS₹8.44₹11.20
RoNW33.53%12.24%

Shares Offered

In the Piotex Industries IPO Retail Individual Investors (RII) are offered 7,30,800 shares while in Vilas Transcore IPO retail investors are offered 7,30,800 shares. Qualified Institutional Buyers (QIB) are offered in Piotex Industries IPO and 12,31,000 shares in Vilas Transcore IPO.

 Piotex Industries IPOVilas Transcore IPO
Anchor Investor Reserveration18,45,000 shares
Market Maker Reserveration78,000 shares3,26,000 shares
QIB12,31,000 shares
NII7,30,800 shares9,24,000 shares
RII7,30,800 shares21,54,000 shares
Employee
Others
Total14,61,600 shares61,54,000 shares

Bids Received (Subscription)

Piotex Industries IPO subscribed 107.44x in total, whereas Vilas Transcore IPO subscribed 204.77x.

 Piotex Industries IPOVilas Transcore IPO
QIB (times)114.64x
NII (times)115.21x449.21x
Big NII (times)
Small NII (times)
RII (times)93.33x151.42x
Employee (times)
Other (times)
Total (times)107.44x204.77x