Comparison between Swastik Pipe IPO and Vital Chemtech IPO.
IPO Details
Swastik Pipe IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vital Chemtech IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Swastik Pipe IPO is up to ₹59.38 Cr whereas the issue size of the Vital Chemtech IPO is up to ₹61.40 Cr. The final issue price of Swastik Pipe IPO is ₹100.00 per share and of Vital Chemtech IPO is ₹101.00 per share.
IPO Timetable
Swastik Pipe IPO opens on Sep 29, 2022, while Vital Chemtech IPO opens on Oct 31, 2022. The closing date of Swastik Pipe IPO and Vital Chemtech IPO is Oct 03, 2022, and Nov 03, 2022, respectively.
| | Swastik Pipe IPO | Vital Chemtech IPO |
|---|
| Anchor Bid Date | | Oct 30, 2022 |
| Issue Open | Sep 29, 2022 | Oct 31, 2022 |
| Issue Close | Oct 03, 2022 | Nov 03, 2022 |
| Basis Of Allotment (Tentative) | Oct 07, 2022 | Nov 09, 2022 |
| Initiation of Refunds (Tentative) | Oct 10, 2022 | Nov 10, 2022 |
| Credit of Share (Tentative) | Oct 11, 2022 | Nov 11, 2022 |
| Listing date (Tentative) | Oct 12, 2022 | Nov 14, 2022 |
| Anchor Lockin End date 1 | | Dec 09, 2022 |
| Anchor Lockin End date 2 | | Feb 07, 2023 |
Financials & KPIs
Swastik Pipe IPO P/E ratio is 11.38, as compared to Vital Chemtech IPO P/E ratio of 14.94.
Shares Offered
In the Swastik Pipe IPO Retail Individual Investors (RII) are offered 29,68,800 shares while in Vital Chemtech IPO retail investors are offered 29,68,800 shares. Qualified Institutional Buyers (QIB) are offered in Swastik Pipe IPO and 12,19,200 shares in Vital Chemtech IPO.
| | Swastik Pipe IPO | Vital Chemtech IPO |
|---|
| Anchor Investor Reservation | | 18,18,000 shares |
| Market Maker Reservation | 3,14,400 shares | 3,20,400 shares |
| QIB | | 12,19,200 shares |
| NII | 29,68,800 shares | 9,12,000 shares |
| RII | 29,68,800 shares | 21,30,000 shares |
| Employee | | |
| Others | | |
| Total | 59,37,600 shares | 60,79,200 shares |
Bids Received (Subscription)
Swastik Pipe IPO subscribed 1.35x in total, whereas Vital Chemtech IPO subscribed 79.33x.
