Plada Infotech IPO vs Vinyas Innovative Technologies IPO

Comparison between Plada Infotech IPO and Vinyas Innovative Technologies IPO.

IPO Details

Plada Infotech 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.

Issue Size and Price

The total issue size of Plada Infotech IPO is up to ₹11.74 Cr whereas the issue size of the Vinyas Innovative Technologies IPO is up to ₹51.92 Cr. The final issue price of Plada Infotech IPO is ₹48.00 per share and of Vinyas Innovative Technologies IPO is ₹165.00 per share.

 Plada Infotech IPOVinyas Innovative Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹162.00 per share
Issue Price (Upper)₹165.00 per share
Issue Price (Final)₹48.00 per share₹165.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares800 shares
Fresh Issue Size24,45,000 shares31,46,400 shares
Fresh Issue Size (Amount)up to ₹11.74 Crup to ₹51.92 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total24,45,000 shares31,46,400 shares
Issue Size Total (Amount)up to ₹11.74 Crup to ₹51.92 Cr

IPO Timetable

Plada Infotech IPO opens on Sep 29, 2023, while Vinyas Innovative Technologies IPO opens on Sep 27, 2023. The closing date of Plada Infotech IPO and Vinyas Innovative Technologies IPO is Oct 05, 2023, and Oct 03, 2023, respectively.

 Plada Infotech IPOVinyas Innovative Technologies IPO
Anchor Bid DateSep 26, 2023
Issue OpenSep 29, 2023Sep 27, 2023
Issue CloseOct 05, 2023Oct 03, 2023
Basis Of Allotment (Tentative)Oct 09, 2023Oct 04, 2023
Initiation of Refunds (Tentative)Oct 10, 2023Oct 05, 2023
Credit of Share (Tentative)Oct 11, 2023Oct 05, 2023
Listing date (Tentative)Oct 13, 2023Oct 06, 2023
Anchor Lockin End date 1Nov 03, 2023
Anchor Lockin End date 2Jan 02, 2024

Financials & KPIs

Plada Infotech IPO P/E ratio is 12.31, as compared to Vinyas Innovative Technologies IPO P/E ratio of 8.4.

 Plada Infotech IPOVinyas Innovative Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets28.1127.2027.6027.11
Total Income62.7548.8744.6150.68
Profit After Tax2.341.100.671.20
NET Worth7.535.184.083.43
Reserves and Surplus5.534.984.073.42
Total Borrowing16.5417.7219.5319.90
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets215.99221.49184.59
Total Income238.85212.16207.81
Profit After Tax7.341.011.23
NET Worth45.2331.4530.69
Reserves and Surplus41.7927.7126.95
Total Borrowing85.7195.4393.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.5039.87
Promoter Shareholding (Post-Issue)62.6429.37
P/E Ratio12.318.4
Market Cap₹41.16 Cr.₹207.65 Cr.
ROE37%16.13%
ROCE21%35.20%
Debt/Equity2.201.88
EPS₹3.90₹19.62
RoNW31.07%16.13%

Shares Offered

In the Plada Infotech IPO Retail Individual Investors (RII) are offered 12,22,500 shares while in Vinyas Innovative Technologies IPO retail investors are offered 12,22,500 shares. Qualified Institutional Buyers (QIB) are offered in Plada Infotech IPO and 6,29,600 shares in Vinyas Innovative Technologies IPO.

 Plada Infotech IPOVinyas Innovative Technologies IPO
Anchor Investor Reservation9,43,200 shares
Market Maker Reservation1,29,000 shares1,66,400 shares
QIB6,29,600 shares
NII12,22,500 shares4,72,000 shares
RII12,22,500 shares11,01,600 shares
Employee
Others
Total24,45,000 shares31,46,400 shares

Bids Received (Subscription)

Plada Infotech IPO subscribed 57.85x in total, whereas Vinyas Innovative Technologies IPO subscribed 43.24x.

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