Comparison between Paragon Fine IPO and Vivaa Tradecom IPO.
Paragon Fine 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.
| Paragon Fine 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 | Hem Securities Ltd. | Interactive Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease 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 Paragon Fine IPO is up to ₹49.04 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.57 Cr. The final issue price of Paragon Fine IPO is ₹100.00 per share and of Vivaa Tradecom IPO is ₹51.00 per share.
| Paragon Fine IPO | Vivaa Tradecom IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | |
| Issue Price (Upper) | ₹100.00 per share | |
| Issue Price (Final) | ₹100.00 per share | ₹51.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 49,04,400 shares | 14,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹49.04 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 | 49,04,400 shares | 14,84,000 shares |
| Issue Size Total (Amount) | up to ₹49.04 Cr | up to ₹7.57 Cr |
Paragon Fine IPO opens on Oct 26, 2023, while Vivaa Tradecom IPO opens on Sep 27, 2023. The closing date of Paragon Fine IPO and Vivaa Tradecom IPO is Oct 30, 2023, and Oct 04, 2023, respectively.
| Paragon Fine IPO | Vivaa Tradecom IPO | |
|---|---|---|
| Anchor Bid Date | Oct 25, 2023 | |
| Issue Open | Oct 26, 2023 | Sep 27, 2023 |
| Issue Close | Oct 30, 2023 | Oct 04, 2023 |
| Basis Of Allotment (Tentative) | Nov 02, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Nov 03, 2023 | Oct 10, 2023 |
| Credit of Share (Tentative) | Nov 06, 2023 | Oct 11, 2023 |
| Listing date (Tentative) | Nov 03, 2023 | Oct 12, 2023 |
| Anchor Lockin End date 1 | Dec 02, 2023 | |
| Anchor Lockin End date 2 | Jan 31, 2024 |
Paragon Fine IPO P/E ratio is 14.56, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.
| Paragon Fine IPO | Vivaa Tradecom IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.60 | 30.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.56 | 47.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹195.66 Cr. | ₹20.08 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 56.89% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 38.86% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.87 | ₹11.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 44.29 | 2.10% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Paragon Fine IPO Retail Individual Investors (RII) are offered 17,17,200 shares while in Vivaa Tradecom IPO retail investors are offered 17,17,200 shares. Qualified Institutional Buyers (QIB) are offered 9,81,600 shares in Paragon Fine IPO and in Vivaa Tradecom IPO.
| Paragon Fine IPO | Vivaa Tradecom IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,70,000 shares | |
| Market Maker Reservation | 2,61,600 shares | 82,000 shares |
| QIB | 9,81,600 shares | |
| NII | 7,35,600 shares | 7,42,000 shares |
| RII | 17,17,200 shares | 7,42,000 shares |
| Employee | ||
| Others | ||
| Total | 49,04,400 shares | 14,84,000 shares |
Paragon Fine IPO subscribed 205.74x in total, whereas Vivaa Tradecom IPO subscribed 1.81x.
| Paragon Fine IPO | Vivaa Tradecom IPO | |
|---|---|---|
| QIB (times) | 81.38x | |
| NII (times) | 419.46x | 0.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 185.28x | 2.86x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 205.74x | 1.81x |
