Comparison between Canarys Automations IPO and Vinyas Innovative Technologies IPO.
Canarys Automations IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vinyas Innovative Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| Canarys Automations IPO | Vinyas Innovative Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Indorient Financial Services Ltd. | Sarthi Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Alacrity Securities Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Canarys Automations IPO is up to ₹44.68 Cr whereas the issue size of the Vinyas Innovative Technologies IPO is up to ₹51.92 Cr. The final issue price of Canarys Automations IPO is ₹31.00 per share and of Vinyas Innovative Technologies IPO is ₹165.00 per share.
| Canarys Automations IPO | Vinyas Innovative Technologies IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹29.00 per share | ₹162.00 per share |
| Issue Price (Upper) | ₹31.00 per share | ₹165.00 per share |
| Issue Price (Final) | ₹31.00 per share | ₹165.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 800 shares |
| Fresh Issue Size | 1,44,12,000 shares | 31,46,400 shares |
| Fresh Issue Size (Amount) | up to ₹44.68 Cr | up to ₹51.92 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 | 1,44,12,000 shares | 31,46,400 shares |
| Issue Size Total (Amount) | up to ₹44.68 Cr | up to ₹51.92 Cr |
Canarys Automations IPO opens on Sep 27, 2023, while Vinyas Innovative Technologies IPO opens on Sep 27, 2023. The closing date of Canarys Automations IPO and Vinyas Innovative Technologies IPO is Oct 03, 2023, and Oct 03, 2023, respectively.
| Canarys Automations IPO | Vinyas Innovative Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2023 | Sep 26, 2023 |
| Issue Open | Sep 27, 2023 | Sep 27, 2023 |
| Issue Close | Oct 03, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 06, 2023 | Oct 04, 2023 |
| Initiation of Refunds (Tentative) | Oct 09, 2023 | Oct 05, 2023 |
| Credit of Share (Tentative) | Oct 10, 2023 | Oct 05, 2023 |
| Listing date (Tentative) | Oct 11, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 1 | Nov 05, 2023 | Nov 03, 2023 |
| Anchor Lockin End date 2 | Jan 04, 2024 | Jan 02, 2024 |
Canarys Automations IPO P/E ratio is 15.82, as compared to Vinyas Innovative Technologies IPO P/E ratio of 8.4.
| Canarys Automations IPO | Vinyas Innovative Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 77.49 | 39.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 29.37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.82 | 8.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹174.17 Cr. | ₹207.65 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 16.13% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.92 | ₹19.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.64% | 16.13% |
In the Canarys Automations IPO Retail Individual Investors (RII) are offered 50,48,000 shares while in Vinyas Innovative Technologies IPO retail investors are offered 50,48,000 shares. Qualified Institutional Buyers (QIB) are offered 39,68,000 shares in Canarys Automations IPO and 6,29,600 shares in Vinyas Innovative Technologies IPO.
| Canarys Automations IPO | Vinyas Innovative Technologies IPO | |
|---|---|---|
| Anchor Investor Reserveration | 32,32,000 shares | 9,43,200 shares |
| Market Maker Reserveration | 7,60,000 shares | 1,66,400 shares |
| QIB | 39,68,000 shares | 6,29,600 shares |
| NII | 21,64,000 shares | 4,72,000 shares |
| RII | 50,48,000 shares | 11,01,600 shares |
| Employee | ||
| Others | ||
| Total | 1,44,12,000 shares | 31,46,400 shares |
Canarys Automations IPO subscribed 9.94x in total, whereas Vinyas Innovative Technologies IPO subscribed 43.24x.
| Canarys Automations IPO | Vinyas Innovative Technologies IPO | |
|---|---|---|
| QIB (times) | 2.73x | 42.74x |
| NII (times) | 14.29x | 95.16x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.70x | 21.27x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.94x | 43.24x |
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