Comparison between Tipco Engineering IPO and Vivid Electromech IPO.
Tipco Engineering IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vivid Electromech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Tipco Engineering IPO | Vivid Electromech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Tipco Engineering IPO is up to ₹51.46 Cr whereas the issue size of the Vivid Electromech IPO is up to ₹123.94 Cr. The final issue price of Tipco Engineering IPO is ₹89.00 per share and of Vivid Electromech IPO is ₹555.00 per share.
| Tipco Engineering IPO | Vivid Electromech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹84.00 per share | ₹528.00 per share |
| Issue Price (Upper) | ₹89.00 per share | ₹555.00 per share |
| Issue Price (Final) | ₹89.00 per share | ₹555.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 240 shares |
| Fresh Issue Size | 44,27,200 shares | 17,65,200 shares |
| Fresh Issue Size (Amount) | up to ₹39.40 Cr | up to ₹97.97 Cr |
| OFS Issue Size | 13,55,200 shares | 4,68,000 shares |
| OFS Issue Size (Amount) | up to ₹12.06 Cr | up to ₹25.97 Cr |
| Issue Size Total | 57,82,400 shares | 22,33,200 shares |
| Issue Size Total (Amount) | up to ₹51.46 Cr | up to ₹123.94 Cr |
Tipco Engineering IPO opens on Mar 23, 2026, while Vivid Electromech IPO opens on Mar 25, 2026. The closing date of Tipco Engineering IPO and Vivid Electromech IPO is Mar 25, 2026, and Mar 30, 2026, respectively.
| Tipco Engineering IPO | Vivid Electromech IPO | |
|---|---|---|
| Anchor Bid Date | Mar 20, 2026 | Mar 24, 2026 |
| Issue Open | Mar 23, 2026 | Mar 25, 2026 |
| Issue Close | Mar 25, 2026 | Mar 30, 2026 |
| Basis Of Allotment (Tentative) | Mar 27, 2026 | Apr 02, 2026 |
| Initiation of Refunds (Tentative) | Mar 30, 2026 | Apr 06, 2026 |
| Credit of Share (Tentative) | Mar 30, 2026 | Apr 06, 2026 |
| Listing date (Tentative) | Apr 01, 2026 | Apr 07, 2026 |
| Anchor Lockin End date 1 | Apr 26, 2026 | May 02, 2026 |
| Anchor Lockin End date 2 | Jun 25, 2026 | Jul 01, 2026 |
Tipco Engineering IPO P/E ratio is 8.73, as compared to Vivid Electromech IPO P/E ratio of 19.2.
| Tipco Engineering IPO | Vivid Electromech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 87.19 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 57.79 | 73.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.73 | 19.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹184.83 Cr. | ₹493.27 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 68.26 | 117.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 33.27 | 87.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.12 | 0.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.19 | ₹28.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.98 | 73.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Tipco Engineering IPO Retail Individual Investors (RII) are offered 20,32,000 shares while in Vivid Electromech IPO retail investors are offered 20,32,000 shares. Qualified Institutional Buyers (QIB) are offered 11,56,800 shares in Tipco Engineering IPO and 4,46,400 shares in Vivid Electromech IPO.
| Tipco Engineering IPO | Vivid Electromech IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,20,000 shares | 6,68,880 shares |
| Market Maker Reservation | 10,20,800 shares | 1,18,800 shares |
| QIB | 11,56,800 shares | 4,46,400 shares |
| NII | 8,73,600 shares | 3,35,520 shares |
| RII | 20,32,000 shares | 7,82,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 57,82,400 shares | 22,33,200 shares |
Tipco Engineering IPO subscribed 1.20x in total, whereas Vivid Electromech IPO subscribed 0.74x.
| Tipco Engineering IPO | Vivid Electromech IPO | |
|---|---|---|
| QIB (times) | 3.20x | 1.95x |
| NII (times) | 2.12x | 1.50x |
| Big NII (times) | 2.81x | 2.10x |
| Small NII (times) | 0.74x | 0.28x |
| RII (times) | 0.66x | 0.36x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.20x | 0.74x |
