Comparison between Shanthala FMCG Products IPO and Vivaa Tradecom IPO.
IPO Details
Shanthala FMCG Products 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.
Issue Size and Price
The total issue size of Shanthala FMCG Products IPO is up to ₹15.27 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.57 Cr. The final issue price of Shanthala FMCG Products IPO is ₹91.00 per share and of Vivaa Tradecom IPO is ₹51.00 per share.
IPO Timetable
Shanthala FMCG Products IPO opens on Oct 27, 2023, while Vivaa Tradecom IPO opens on Sep 27, 2023. The closing date of Shanthala FMCG Products IPO and Vivaa Tradecom IPO is Oct 31, 2023, and Oct 04, 2023, respectively.
| | Shanthala FMCG Products IPO | Vivaa Tradecom IPO |
|---|
| Issue Open | Oct 27, 2023 | Sep 27, 2023 |
| Issue Close | Oct 31, 2023 | Oct 04, 2023 |
| Basis Of Allotment (Tentative) | Nov 03, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Nov 06, 2023 | Oct 10, 2023 |
| Credit of Share (Tentative) | Nov 07, 2023 | Oct 11, 2023 |
| Listing date (Tentative) | Nov 03, 2023 | Oct 12, 2023 |
Financials & KPIs
Shanthala FMCG Products IPO P/E ratio is 25.66, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.
Shares Offered
In the Shanthala FMCG Products IPO Retail Individual Investors (RII) are offered 8,38,800 shares while in Vivaa Tradecom IPO retail investors are offered 8,38,800 shares. Qualified Institutional Buyers (QIB) are offered in Shanthala FMCG Products IPO and in Vivaa Tradecom IPO.
| | Shanthala FMCG Products IPO | Vivaa Tradecom IPO |
|---|
| Market Maker Reservation | 88,800 shares | 82,000 shares |
| NII | 8,38,800 shares | 7,42,000 shares |
| RII | 8,38,800 shares | 7,42,000 shares |
| Total | 16,77,600 shares | 14,84,000 shares |
Bids Received (Subscription)
Shanthala FMCG Products IPO subscribed 3.90x in total, whereas Vivaa Tradecom IPO subscribed 1.78x.
