Comparison between Enser Communications IPO and Vruddhi Engineering Works IPO.
IPO Details
Enser Communications IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vruddhi Engineering Works IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Enser Communications IPO is up to ₹15.34 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.51 Cr. The final issue price of Enser Communications IPO is ₹70.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.
IPO Timetable
Enser Communications IPO opens on Mar 15, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of Enser Communications IPO and Vruddhi Engineering Works IPO is Mar 19, 2024, and Mar 28, 2024, respectively.
| | Enser Communications IPO | Vruddhi Engineering Works IPO |
|---|
| Issue Open | Mar 15, 2024 | Mar 26, 2024 |
| Issue Close | Mar 19, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Mar 20, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Mar 21, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Mar 21, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Mar 22, 2024 | Apr 03, 2024 |
Financials & KPIs
Enser Communications IPO P/E ratio is 28.02, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.
Shares Offered
In the Enser Communications IPO Retail Individual Investors (RII) are offered 10,96,000 shares while in Vruddhi Engineering Works IPO retail investors are offered 10,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Enser Communications IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.
| | Enser Communications IPO | Vruddhi Engineering Works IPO |
|---|
| Market Maker Reservation | 1,18,000 shares | 36,000 shares |
| QIB | | 3,20,000 shares |
| NII | 10,96,000 shares | 98,000 shares |
| RII | 10,96,000 shares | 2,26,000 shares |
| Total | 21,92,000 shares | 6,44,000 shares |
Bids Received (Subscription)
Enser Communications IPO subscribed 7.28x in total, whereas Vruddhi Engineering Works IPO subscribed 14.16x.
