Comparison between Srivari Spices IPO and Vinsys IT IPO.
Srivari Spices 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.
| Srivari Spices 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 | GYR Capital Advisors Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Srivari Spices IPO is up to ₹8.54 Cr whereas the issue size of the Vinsys IT IPO is up to ₹47.35 Cr. The final issue price of Srivari Spices IPO is ₹42.00 per share and of Vinsys IT IPO is ₹128.00 per share.
| Srivari Spices IPO | Vinsys IT IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹40.00 per share | ₹121.00 per share |
| Issue Price (Upper) | ₹42.00 per share | ₹128.00 per share |
| Issue Price (Final) | ₹42.00 per share | ₹128.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 20,34,000 shares | 36,99,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.54 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 | 20,34,000 shares | 36,99,000 shares |
| Issue Size Total (Amount) | up to ₹8.54 Cr | up to ₹47.35 Cr |
Srivari Spices IPO opens on Aug 07, 2023, while Vinsys IT IPO opens on Aug 01, 2023. The closing date of Srivari Spices IPO and Vinsys IT IPO is Aug 09, 2023, and Aug 04, 2023, respectively.
| Srivari Spices IPO | Vinsys IT IPO | |
|---|---|---|
| Anchor Bid Date | Aug 04, 2023 | Jul 31, 2023 |
| Issue Open | Aug 07, 2023 | Aug 01, 2023 |
| Issue Close | Aug 09, 2023 | Aug 04, 2023 |
| Basis Of Allotment (Tentative) | Aug 14, 2023 | Aug 09, 2023 |
| Initiation of Refunds (Tentative) | Aug 16, 2023 | Aug 10, 2023 |
| Credit of Share (Tentative) | Aug 17, 2023 | Aug 11, 2023 |
| Listing date (Tentative) | Aug 18, 2023 | Aug 11, 2023 |
| Anchor Lockin End date 1 | Sep 13, 2023 | Sep 08, 2023 |
| Anchor Lockin End date 2 | Nov 12, 2023 | Nov 07, 2023 |
Srivari Spices IPO P/E ratio is 9.59, as compared to Vinsys IT IPO P/E ratio of 12.51.
| Srivari Spices IPO | Vinsys IT IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.90 | 92.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.59 | 12.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹30.00 Cr. | ₹187.88 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44.35 | 94.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.65 | 51.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.41 | 0.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.45 | ₹15.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.79 | 60.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Srivari Spices IPO Retail Individual Investors (RII) are offered 7,14,000 shares while in Vinsys IT IPO retail investors are offered 7,14,000 shares. Qualified Institutional Buyers (QIB) are offered 4,08,000 shares in Srivari Spices IPO and 7,40,000 shares in Vinsys IT IPO.
| Srivari Spices IPO | Vinsys IT IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,06,000 shares | 11,08,000 shares |
| Market Maker Reservation | 1,08,000 shares | 1,95,000 shares |
| QIB | 4,08,000 shares | 7,40,000 shares |
| NII | 3,06,000 shares | 5,56,000 shares |
| RII | 7,14,000 shares | 12,95,000 shares |
| Employee | ||
| Others | ||
| Total | 20,34,000 shares | 36,99,000 shares |
Srivari Spices IPO subscribed 450.03x in total, whereas Vinsys IT IPO subscribed 89.00x.
| Srivari Spices IPO | Vinsys IT IPO | |
|---|---|---|
| QIB (times) | 79.10x | 36.95x |
| NII (times) | 786.11x | 105.75x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 517.95x | 111.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 450.03x | 89.00x |
