Shri Techtex IPO vs Vinsys IT IPO

Comparison between Shri Techtex IPO and Vinsys IT IPO.

IPO Details

Shri Techtex IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vinsys IT IPO is a SME Bookbuilding proposed to list at NSE SME.

	Shri Techtex IPO	Vinsys IT IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt.Ltd.	Beeline Capital Advisors Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Sunflower Broking Pvt.Ltd.	Sunflower Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Shri Techtex IPO is up to ₹42.87 Cr whereas the issue size of the Vinsys IT IPO is up to ₹47.35 Cr. The final issue price of Shri Techtex IPO is ₹61.00 per share and of Vinsys IT IPO is ₹128.00 per share.

	Shri Techtex IPO	Vinsys IT IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹54.00 per share	₹121.00 per share
Issue Price (Upper)	₹61.00 per share	₹128.00 per share
Issue Price (Final)	₹61.00 per share	₹128.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	70,28,000 shares	36,99,000 shares
Fresh Issue Size (Amount)	up to ₹42.87 Cr	up to ₹47.35 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	70,28,000 shares	36,99,000 shares
Issue Size Total (Amount)	up to ₹42.87 Cr	up to ₹47.35 Cr

IPO Timetable

Shri Techtex IPO opens on Jul 26, 2023, while Vinsys IT IPO opens on Aug 01, 2023. The closing date of Shri Techtex IPO and Vinsys IT IPO is Jul 28, 2023, and Aug 04, 2023, respectively.

	Shri Techtex IPO	Vinsys IT IPO
Anchor Bid Date	Jul 25, 2023	Jul 31, 2023
Issue Open	Jul 26, 2023	Aug 01, 2023
Issue Close	Jul 28, 2023	Aug 04, 2023
Basis Of Allotment (Tentative)	Aug 02, 2023	Aug 09, 2023
Initiation of Refunds (Tentative)	Aug 03, 2023	Aug 10, 2023
Credit of Share (Tentative)	Aug 04, 2023	Aug 11, 2023
Listing date (Tentative)	Aug 04, 2023	Aug 11, 2023
Anchor Lockin End date 1	Sep 01, 2023	Sep 08, 2023
Anchor Lockin End date 2	Oct 31, 2023	Nov 07, 2023

Financials & KPIs

Shri Techtex IPO P/E ratio is 16.71, as compared to Vinsys IT IPO P/E ratio of 12.51.

Shri Techtex IPO

Vinsys IT IPO

Financials

Shri Techtex Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,766.65	1,625.73	447.23	808.49	588.04	488.05
31-Mar-21	4,652.15	4,021.58	1,265.68	2,075.69	1,853.72	1,498.66
31-Mar-22	5,282.41	5,182.15	826.56	2,099.47	1,875.99	2,451.57
31-Mar-23	7,386.45	5,807.58	910.63	2,981.50	1,256.61	3,188.98
Amount in ₹ Lakhs

Vinsys IT Services Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	2,739.97	2,041.04	34.78	773.51	673.51	1,427.08
31-Mar-22	3,493.16	3,202.69	-51.61	716.07	616.07	2,050.32
31-Mar-23	7,293.60	9,632.25	1,501.38	2,472.51	1,472.51	2,310.80
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

92.74

Promoter Shareholding (Post-Issue)

70.34

68.13

P/E Ratio

16.71

12.51

Market Cap

₹152.20 Cr.

₹187.88 Cr.

ROE

35.84%

94.17%

ROCE

20.07%

51.46%

Debt/Equity

1.07

0.93

EPS

₹5.19

₹15.01

RoNW

30.54%

60.72%

Shares Offered

In the Shri Techtex IPO Retail Individual Investors (RII) are offered 24,62,000 shares while in Vinsys IT IPO retail investors are offered 24,62,000 shares. Qualified Institutional Buyers (QIB) are offered 14,10,000 shares in Shri Techtex IPO and 7,40,000 shares in Vinsys IT IPO.

	Shri Techtex IPO	Vinsys IT IPO
Anchor Investor Reserveration	21,00,000 shares	11,08,000 shares
Market Maker Reserveration	3,72,000 shares	1,95,000 shares
QIB	14,10,000 shares	7,40,000 shares
NII	10,56,000 shares	5,56,000 shares
RII	24,62,000 shares	12,95,000 shares
Employee
Others
Total	70,28,000 shares	36,99,000 shares

Bids Received (Subscription)

Shri Techtex IPO subscribed 148.44x in total, whereas Vinsys IT IPO subscribed 89.00x.

	Shri Techtex IPO	Vinsys IT IPO
QIB (times)	58.03x	36.95x
NII (times)	250.65x	105.75x
Big NII (times)
Small NII (times)
RII (times)	156.37x	111.56x
Employee (times)
Other (times)
Total (times)	148.44x	89.00x

Compare with others

Shri Techtex IPO	Vinsys IT IPO
Sangani Hospitals IPO	Yudiz Solutions IPO
Yudiz Solutions IPO	Zeal Global Services IPO
Zeal Global Services IPO	Oriana Power IPO
Oriana Power IPO	Innovatus Entertainment Networks IPO
Innovatus Entertainment Networks IPO	Shri Techtex IPO
Vinsys IT IPO	Yasons Chemex Care IPO
Yasons Chemex Care IPO	Committed Cargo Care IPO
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Khazanchi Jewellers IPO	Srivari Spices IPO
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