Parin Furniture IPO vs Vinny Overseas IPO

Comparison between Parin Furniture IPO and Vinny Overseas IPO.

IPO Details

Parin Furniture IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vinny Overseas IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Parin Furniture IPO is up to ₹17.89 Cr whereas the issue size of the Vinny Overseas IPO is up to ₹9.84 Cr. The final issue price of Parin Furniture IPO is ₹63.00 per share and of Vinny Overseas IPO is ₹40.00 per share.

 Parin Furniture IPOVinny Overseas IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹63.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size28,40,000 shares24,60,000 shares
Fresh Issue Size (Amount)up to ₹17.89 Crup to ₹9.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,40,000 shares24,60,000 shares
Issue Size Total (Amount)up to ₹17.89 Crup to ₹9.84 Cr

IPO Timetable

Parin Furniture IPO opens on Sep 26, 2018, while Vinny Overseas IPO opens on Sep 28, 2018. The closing date of Parin Furniture IPO and Vinny Overseas IPO is Sep 28, 2018, and Oct 03, 2018, respectively.

 Parin Furniture IPOVinny Overseas IPO
Issue OpenSep 26, 2018Sep 28, 2018
Issue CloseSep 28, 2018Oct 03, 2018
Basis Of Allotment (Tentative)Oct 04, 2018Oct 08, 2018
Initiation of Refunds (Tentative)Oct 05, 2018
Credit of Share (Tentative)Oct 05, 2018
Listing date (Tentative)Oct 09, 2018Oct 11, 2018

Financials & KPIs

Parin Furniture IPO P/E ratio is , as compared to Vinny Overseas IPO P/E ratio of .

 Parin Furniture IPOVinny Overseas IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets46.6443.4539.63
Total Income64.5959.9461.78
Profit After Tax2.621.361.02
EBITDA7.205.854.92
NET Worth15.475.654.29
Reserves and Surplus7.545.353.99
Total Borrowing23.2629.2525.42
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets64.2049.0544.34
Total Income130.5498.3499.30
Profit After Tax3.081.701.11
EBITDA8.175.604.15
NET Worth16.1713.0911.39
Reserves and Surplus9.576.498.09
Total Borrowing18.7413.7714.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.02%71.81%
Market Cap₹70.04 Cr.₹36.78 Cr.

Shares Offered

In the Parin Furniture IPO Retail Individual Investors (RII) are offered 9,94,000 shares while in Vinny Overseas IPO retail investors are offered 9,94,000 shares. Qualified Institutional Buyers (QIB) are offered 2,84,000 shares in Parin Furniture IPO and 0 shares in Vinny Overseas IPO.

 Parin Furniture IPOVinny Overseas IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,60,000 shares1,32,000 shares
QIB2,84,000 shares0 shares
NII15,62,000 shares12,30,000 shares
RII9,94,000 shares12,30,000 shares
Employee0 shares0 shares
Total28,40,000 shares24,60,000 shares

Bids Received (Subscription)

Parin Furniture IPO subscribed 2.45x in total, whereas Vinny Overseas IPO subscribed 1.56x.

 Parin Furniture IPOVinny Overseas IPO
QIB (times)1.00x
NII (times)1.89x1.88x
RII (times)3.74x1.24x
Total (times)2.45x1.56x

Compare with others

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Parin Furniture IPO Vs Vinny Overseas IPO