Comparison between Vinyas Innovative Technologies IPO and Vivaa Tradecom IPO.
Vinyas Innovative Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vivaa Tradecom IPO is a SME Fixed Price proposed to list at BSE SME.
| Vinyas Innovative Technologies IPO | Vivaa Tradecom IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Asnani Stock Broker Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Vinyas Innovative Technologies IPO is up to ₹51.92 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.57 Cr. The final issue price of Vinyas Innovative Technologies IPO is ₹165.00 per share and of Vivaa Tradecom IPO is ₹51.00 per share.
| Vinyas Innovative Technologies IPO | Vivaa Tradecom 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) | ₹165.00 per share | ₹51.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 2000 shares |
| Fresh Issue Size | 31,46,400 shares | 14,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹51.92 Cr | up to ₹7.57 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 | 31,46,400 shares | 14,84,000 shares |
| Issue Size Total (Amount) | up to ₹51.92 Cr | up to ₹7.57 Cr |
Vinyas Innovative Technologies IPO opens on Sep 27, 2023, while Vivaa Tradecom IPO opens on Sep 27, 2023. The closing date of Vinyas Innovative Technologies IPO and Vivaa Tradecom IPO is Oct 03, 2023, and Oct 04, 2023, respectively.
| Vinyas Innovative Technologies IPO | Vivaa Tradecom IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2023 | |
| Issue Open | Sep 27, 2023 | Sep 27, 2023 |
| Issue Close | Oct 03, 2023 | Oct 04, 2023 |
| Basis Of Allotment (Tentative) | Oct 04, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Oct 05, 2023 | Oct 10, 2023 |
| Credit of Share (Tentative) | Oct 05, 2023 | Oct 11, 2023 |
| Listing date (Tentative) | Oct 06, 2023 | Oct 12, 2023 |
| Anchor Lockin End date 1 | Nov 03, 2023 | |
| Anchor Lockin End date 2 | Jan 02, 2024 |
Vinyas Innovative Technologies IPO P/E ratio is 8.4, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.
| Vinyas Innovative Technologies IPO | Vivaa Tradecom IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 39.87 | 50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 29.37 | 30.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.4 | 47.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹207.65 Cr. | ₹20.08 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 16.13% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.88 | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹19.62 | ₹11.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.13% | 2.10% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Vinyas Innovative Technologies IPO Retail Individual Investors (RII) are offered 11,01,600 shares while in Vivaa Tradecom IPO retail investors are offered 11,01,600 shares. Qualified Institutional Buyers (QIB) are offered 6,29,600 shares in Vinyas Innovative Technologies IPO and in Vivaa Tradecom IPO.
| Vinyas Innovative Technologies IPO | Vivaa Tradecom IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,43,200 shares | |
| Market Maker Reservation | 1,66,400 shares | 82,000 shares |
| QIB | 6,29,600 shares | |
| NII | 4,72,000 shares | 7,42,000 shares |
| RII | 11,01,600 shares | 7,42,000 shares |
| Employee | ||
| Others | ||
| Total | 31,46,400 shares | 14,84,000 shares |
Vinyas Innovative Technologies IPO subscribed 43.24x in total, whereas Vivaa Tradecom IPO subscribed 1.81x.
| Vinyas Innovative Technologies IPO | Vivaa Tradecom IPO | |
|---|---|---|
| QIB (times) | 42.74x | |
| NII (times) | 95.16x | 0.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 21.27x | 2.86x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 43.24x | 1.81x |
