Veritaas Advertising IPO vs Vilas Transcore IPO

Comparison between Veritaas Advertising IPO and Vilas Transcore IPO.

IPO Details

Veritaas Advertising IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vilas Transcore IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Veritaas Advertising IPO is up to ₹8.06 Cr whereas the issue size of the Vilas Transcore IPO is up to ₹90.46 Cr. The final issue price of Veritaas Advertising IPO is ₹114.00 per share and of Vilas Transcore IPO is ₹147.00 per share.

 Veritaas Advertising IPOVilas Transcore IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹109.00 per share₹139.00 per share
Issue Price (Upper)₹114.00 per share₹147.00 per share
Issue Price (Final)₹114.00 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 Size7,06,800 shares61,54,000 shares
Fresh Issue Size (Amount)up to ₹8.06 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 Total7,06,800 shares61,54,000 shares
Issue Size Total (Amount)up to ₹8.06 Crup to ₹90.46 Cr

IPO Timetable

Veritaas Advertising IPO opens on May 13, 2024, while Vilas Transcore IPO opens on May 27, 2024. The closing date of Veritaas Advertising IPO and Vilas Transcore IPO is May 15, 2024, and May 29, 2024, respectively.

 Veritaas Advertising IPOVilas Transcore IPO
Anchor Bid DateMay 10, 2024May 24, 2024
Issue OpenMay 13, 2024May 27, 2024
Issue CloseMay 15, 2024May 29, 2024
Basis Of Allotment (Tentative)May 16, 2024May 30, 2024
Initiation of Refunds (Tentative)May 17, 2024May 31, 2024
Credit of Share (Tentative)May 17, 2024May 31, 2024
Listing date (Tentative)May 21, 2024Jun 03, 2024
Anchor Lockin End date 1Jun 15, 2024Jun 29, 2024
Anchor Lockin End date 2Aug 14, 2024Aug 28, 2024

Financials & KPIs

Veritaas Advertising IPO P/E ratio is 54, as compared to Vilas Transcore IPO P/E ratio of 13.12.

 Veritaas Advertising IPOVilas Transcore IPO
Financials

Company Financials (Restated)

Period Ended10 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets9.275.312.691.52
Total Income7.877.873.392.34
Profit After Tax1.570.440.130.20
NET Worth3.540.900.460.25
Reserves and Surplus1.460.810.370.24
Total Borrowing2.281.340.75
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets208.21188.80172.66142.66
Total Income238.30284.78235.18134.85
Profit After Tax16.7920.2217.915.23
NET Worth137.25120.46100.2382.32
Reserves and Surplus135.31134.04114.5197.29
Total Borrowing5.004.903.477.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.7499.97
Promoter Shareholding (Post-Issue)88.7473.01
P/E Ratio5413.12
Market Cap₹32.18 Cr.₹359.86 Cr.
ROE44.24%13.03%
ROCE39.65%16.10%
Debt/Equity0.640.03
EPS₹2.11₹11.20
RoNW44.23%12.24%

Shares Offered

In the Veritaas Advertising IPO Retail Individual Investors (RII) are offered 2,48,400 shares while in Vilas Transcore IPO retail investors are offered 2,48,400 shares. Qualified Institutional Buyers (QIB) are offered 1,77,600 shares in Veritaas Advertising IPO and 12,31,000 shares in Vilas Transcore IPO.

 Veritaas Advertising IPOVilas Transcore IPO
Anchor Investor Reservation1,74,000 shares18,45,000 shares
Market Maker Reservation37,200 shares3,26,000 shares
QIB1,77,600 shares12,31,000 shares
NII1,06,800 shares9,24,000 shares
RII2,48,400 shares21,54,000 shares
Employee
Others
Total7,06,800 shares61,54,000 shares

Bids Received (Subscription)

Veritaas Advertising IPO subscribed 621.62x in total, whereas Vilas Transcore IPO subscribed 204.77x.

 Veritaas Advertising IPOVilas Transcore IPO
QIB (times)102.41x114.64x
NII (times)629.56x449.21x
Big NII (times)
Small NII (times)
RII (times)989.44x151.42x
Employee (times)
Other (times)
Total (times)621.62x204.77x

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