Technopack Polymers IPO vs Vital Chemtech IPO

Comparison between Technopack Polymers IPO and Vital Chemtech IPO.

IPO Details

Technopack Polymers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vital Chemtech IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Technopack Polymers IPO is up to ₹7.47 Cr whereas the issue size of the Vital Chemtech IPO is up to ₹61.40 Cr. The final issue price of Technopack Polymers IPO is ₹55.00 per share and of Vital Chemtech IPO is ₹101.00 per share.

 Technopack Polymers IPOVital Chemtech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share
Issue Price (Upper)₹101.00 per share
Issue Price (Final)₹55.00 per share₹101.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size13,58,500 shares60,79,200 shares
Fresh Issue Size (Amount)up to ₹7.47 Crup to ₹61.40 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,58,500 shares60,79,200 shares
Issue Size Total (Amount)up to ₹7.47 Crup to ₹61.40 Cr

IPO Timetable

Technopack Polymers IPO opens on Nov 02, 2022, while Vital Chemtech IPO opens on Oct 31, 2022. The closing date of Technopack Polymers IPO and Vital Chemtech IPO is Nov 07, 2022, and Nov 03, 2022, respectively.

 Technopack Polymers IPOVital Chemtech IPO
Anchor Bid DateOct 30, 2022
Issue OpenNov 02, 2022Oct 31, 2022
Issue CloseNov 07, 2022Nov 03, 2022
Basis Of Allotment (Tentative)Nov 11, 2022Nov 09, 2022
Initiation of Refunds (Tentative)Nov 14, 2022Nov 10, 2022
Credit of Share (Tentative)Nov 15, 2022Nov 11, 2022
Listing date (Tentative)Nov 16, 2022Nov 14, 2022
Anchor Lockin End date 1Dec 09, 2022
Anchor Lockin End date 2Feb 07, 2023

Financials & KPIs

Technopack Polymers IPO P/E ratio is 10.54, as compared to Vital Chemtech IPO P/E ratio of 14.94.

 Technopack Polymers IPOVital Chemtech IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 202231 Mar 202231 Mar 202131 Mar 2020
Assets11.849.265.863.58
Total Income4.8210.036.163.55
Profit After Tax0.942.110.020.04
NET Worth7.793.001.000.98
Reserves and Surplus3.822.00-0.00-0.02
Total Borrowing1.612.713.292.57
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Apr 202231 Mar 202224 Nov 202131 Mar 202131 Mar 2020
Assets89.9280.9464.0930.4123.19
Total Income10.8057.8786.0447.6841.61
Profit After Tax1.356.717.852.941.05
NET Worth14.7313.376.725.983.04
Reserves and Surplus8.066.710.000.000.00
Total Borrowing34.1935.0016.3610.069.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10099.99
Promoter Shareholding (Post-Issue)73.51
P/E Ratio10.5414.94
Market Cap₹29.70 Cr.₹241.91 Cr.
ROE66.59
ROCE37.81
Debt/Equity2.61
EPS₹6.45₹8.66
RoNW70.1950.17

Shares Offered

In the Technopack Polymers IPO Retail Individual Investors (RII) are offered 6,79,250 shares while in Vital Chemtech IPO retail investors are offered 6,79,250 shares. Qualified Institutional Buyers (QIB) are offered in Technopack Polymers IPO and 12,19,200 shares in Vital Chemtech IPO.

 Technopack Polymers IPOVital Chemtech IPO
Anchor Investor Reservation18,18,000 shares
Market Maker Reservation71,500 shares3,20,400 shares
QIB12,19,200 shares
NII6,79,250 shares9,12,000 shares
RII6,79,250 shares21,30,000 shares
Employee
Others
Total13,58,500 shares60,79,200 shares

Bids Received (Subscription)

Technopack Polymers IPO subscribed 19.81x in total, whereas Vital Chemtech IPO subscribed 79.33x.

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