Comparison between Vinyas Innovative Technologies IPO and Vishnusurya Projects IPO.
Vinyas Innovative Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vishnusurya Projects IPO is a SME Fixed Price proposed to list at NSE SME.
| Vinyas Innovative Technologies IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Khandwala Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Nikunj Stock Brokers 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 Vishnusurya Projects IPO is up to ₹47.46 Cr. The final issue price of Vinyas Innovative Technologies IPO is ₹165.00 per share and of Vishnusurya Projects IPO is ₹68.00 per share.
| Vinyas Innovative Technologies IPO | Vishnusurya Projects 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 | ₹68.00 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 | 69,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹51.92 Cr | up to ₹47.46 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 | 69,80,000 shares |
| Issue Size Total (Amount) | up to ₹51.92 Cr | up to ₹47.46 Cr |
Vinyas Innovative Technologies IPO opens on Sep 27, 2023, while Vishnusurya Projects IPO opens on Sep 29, 2023. The closing date of Vinyas Innovative Technologies IPO and Vishnusurya Projects IPO is Oct 03, 2023, and Oct 05, 2023, respectively.
| Vinyas Innovative Technologies IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2023 | |
| Issue Open | Sep 27, 2023 | Sep 29, 2023 |
| Issue Close | Oct 03, 2023 | Oct 05, 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 10, 2023 |
| Listing date (Tentative) | Oct 06, 2023 | Oct 10, 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 Vishnusurya Projects IPO P/E ratio of 2.69.
| Vinyas Innovative Technologies IPO | Vishnusurya Projects IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 39.87 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 29.37 | 62.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.4 | 2.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹207.65 Cr. | ₹167.35 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 16.13% | 27.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.20% | 31.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.88 | 1.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹19.62 | ₹25.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.13% | 27.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Vinyas Innovative Technologies IPO Retail Individual Investors (RII) are offered 11,01,600 shares while in Vishnusurya Projects 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 Vishnusurya Projects IPO.
| Vinyas Innovative Technologies IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,43,200 shares | |
| Market Maker Reservation | 1,66,400 shares | 3,70,000 shares |
| QIB | 6,29,600 shares | |
| NII | 4,72,000 shares | 34,90,000 shares |
| RII | 11,01,600 shares | 34,90,000 shares |
| Employee | ||
| Others | ||
| Total | 31,46,400 shares | 69,80,000 shares |
Vinyas Innovative Technologies IPO subscribed 43.24x in total, whereas Vishnusurya Projects IPO subscribed 44.11x.
| Vinyas Innovative Technologies IPO | Vishnusurya Projects IPO | |
|---|---|---|
| QIB (times) | 42.74x | |
| NII (times) | 95.16x | 36.32x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 21.27x | 43.63x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 43.24x | 44.11x |
