Comparison between Bansal Wire Industries IPO and Vraj Iron IPO.
Bansal Wire Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vraj Iron IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bansal Wire Industries IPO is up to ₹745.00 Cr whereas the issue size of the Vraj Iron IPO is up to ₹171.00 Cr. The final issue price of Bansal Wire Industries IPO is ₹256.00 per share and of Vraj Iron IPO is ₹207.00 per share.
| Bansal Wire Industries IPO | Vraj Iron IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹243.00 per share | ₹195.00 per share |
| Issue Price (Upper) | ₹256.00 per share | ₹207.00 per share |
| Issue Price (Final) | ₹256.00 per share | ₹207.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 58 shares | 72 shares |
| Fresh Issue Size | 2,91,01,562 shares | 82,60,869 shares |
| Fresh Issue Size (Amount) | up to ₹745.00 Cr | up to ₹171.00 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 | 2,91,01,562 shares | 82,60,869 shares |
| Issue Size Total (Amount) | up to ₹745.00 Cr | up to ₹171.00 Cr |
Bansal Wire Industries IPO opens on Jul 03, 2024, while Vraj Iron IPO opens on Jun 26, 2024. The closing date of Bansal Wire Industries IPO and Vraj Iron IPO is Jul 05, 2024, and Jun 28, 2024, respectively.
| Bansal Wire Industries IPO | Vraj Iron IPO | |
|---|---|---|
| Anchor Bid Date | Jul 02, 2024 | Jun 25, 2024 |
| Issue Open | Jul 03, 2024 | Jun 26, 2024 |
| Issue Close | Jul 05, 2024 | Jun 28, 2024 |
| Basis Of Allotment (Tentative) | Jul 08, 2024 | Jul 01, 2024 |
| Initiation of Refunds (Tentative) | Jul 09, 2024 | Jul 02, 2024 |
| Credit of Share (Tentative) | Jul 09, 2024 | Jul 02, 2024 |
| Listing date (Tentative) | Jul 10, 2024 | Jul 03, 2024 |
| Anchor Lockin End date 1 | Aug 07, 2024 | Jul 31, 2024 |
| Anchor Lockin End date 2 | Oct 06, 2024 | Sep 29, 2024 |
Bansal Wire Industries IPO P/E ratio is 41.41, as compared to Vraj Iron IPO P/E ratio of 9.48.
| Bansal Wire Industries IPO | Vraj Iron IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.78 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 77.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 41.41 | 9.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4007.83 Cr. | ₹682.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.19% | 23.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.46% | 25.34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.48 | 0.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.18 | ₹21.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.27% | 23.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bansal Wire Industries IPO Retail Individual Investors (RII) are offered 1,01,85,547 shares while in Vraj Iron IPO retail investors are offered 1,01,85,547 shares. Qualified Institutional Buyers (QIB) are offered 58,20,312 shares in Bansal Wire Industries IPO and 16,52,174 shares in Vraj Iron IPO.
| Bansal Wire Industries IPO | Vraj Iron IPO | |
|---|---|---|
| Anchor Investor Reservation | 87,30,468 shares | 24,78,259 shares |
| Market Maker Reservation | ||
| QIB | 58,20,312 shares | 16,52,174 shares |
| NII | 43,65,235 shares | 12,39,131 shares |
| RII | 1,01,85,547 shares | 28,91,305 shares |
| Employee | ||
| Others | ||
| Total | 2,91,01,562 shares | 82,60,869 shares |
Bansal Wire Industries IPO subscribed 62.76x in total, whereas Vraj Iron IPO subscribed 126.36x.
| Bansal Wire Industries IPO | Vraj Iron IPO | |
|---|---|---|
| QIB (times) | 153.86x | 173.99x |
| NII (times) | 54.21x | 221.66x |
| Big NII (times) | 55.27x | 217.50x |
| Small NII (times) | 52.11x | 229.99x |
| RII (times) | 14.37x | 58.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 62.76x | 126.36x |
