Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Naman In-Store IPO vs Vruddhi Engineering Works IPO

Comparison between Naman In-Store IPO and Vruddhi Engineering Works IPO.

IPO Details

Naman In-Store 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.

 Naman In-Store IPOVruddhi Engineering Works IPO
LogoNaman In-Store IPO LogoVruddhi Engineering Works IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Fedex Securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Naman In-Store IPO is up to ₹24.08 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.51 Cr. The final issue price of Naman In-Store IPO is ₹89.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.

 Naman In-Store IPOVruddhi Engineering Works IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹84.00 per share₹66.00 per share
Issue Price (Upper)₹89.00 per share₹70.00 per share
Issue Price (Final)₹89.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size27,05,600 shares6,44,000 shares
Fresh Issue Size (Amount)up to ₹24.08 Crup to ₹4.51 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,05,600 shares6,44,000 shares
Issue Size Total (Amount)up to ₹24.08 Crup to ₹4.51 Cr

IPO Timetable

Naman In-Store IPO opens on Mar 22, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of Naman In-Store IPO and Vruddhi Engineering Works IPO is Mar 27, 2024, and Mar 28, 2024, respectively.

 Naman In-Store IPOVruddhi Engineering Works IPO
Anchor Bid DateMar 21, 2024
Issue OpenMar 22, 2024Mar 26, 2024
Issue CloseMar 27, 2024Mar 28, 2024
Basis Of Allotment (Tentative)Mar 28, 2024Apr 01, 2024
Initiation of Refunds (Tentative)Apr 01, 2024Apr 02, 2024
Credit of Share (Tentative)Apr 01, 2024Apr 02, 2024
Listing date (Tentative)Apr 02, 2024Apr 03, 2024
Anchor Lockin End date 1Apr 27, 2024
Anchor Lockin End date 2Jun 26, 2024

Financials & KPIs

Naman In-Store IPO P/E ratio is 17.95, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.

 Naman In-Store IPOVruddhi Engineering Works IPO
Financials

Naman In-Store (India) Limited Financial Information (Restated)

Naman In-Store (India) Limited's revenue increased by 193.48% and profit after tax (PAT) rose by 1696.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,598.943,074.091,693.00
Total Income7,929.7114,993.505,108.941,341.28
Profit After Tax618.89381.7121.255.08
Net Worth1,203.48584.59202.88131.64
Reserves and Surplus488.9453.4841.64
Total Borrowing3,166.062,944.091,883.911,023.91
Amount in ₹ Lakhs

Vruddhi Engineering Works Limited Financial Information (Restated)

Vruddhi Engineering Works Limited's revenue increased by 493.53% and profit after tax (PAT) rose by 697.99% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets808.58782.33100.143.02
Total Income935.361,309.62220.650.44
Profit After Tax41.0175.339.44-0.88
Net Worth253.13212.129.560.12
Reserves and Surplus68.77118.558.56-0.88
Total Borrowing301.91323.3747.492.22
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0096.34
Promoter Shareholding (Post-Issue)
P/E Ratio17.9517.13
Market Cap₹93.88 Cr.₹17.67 Cr.
ROE69.22%16.20%
ROCE24.51%15.53%
Debt/Equity1.19
EPS₹4.96₹4.09
RoNW51.42%16.20%

Shares Offered

In the Naman In-Store IPO Retail Individual Investors (RII) are offered 9,47,200 shares while in Vruddhi Engineering Works IPO retail investors are offered 9,47,200 shares. Qualified Institutional Buyers (QIB) are offered 5,40,800 shares in Naman In-Store IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.

 Naman In-Store IPOVruddhi Engineering Works IPO
Anchor Investor Reserveration8,11,200 shares
Market Maker Reserveration1,42,400 shares36,000 shares
QIB5,40,800 shares3,20,000 shares
NII4,06,400 shares98,000 shares
RII9,47,200 shares2,26,000 shares
Employee
Others
Total27,05,600 shares6,44,000 shares

Bids Received (Subscription)

Naman In-Store IPO subscribed 309.03x in total, whereas Vruddhi Engineering Works IPO subscribed 12.67x.

 Naman In-Store IPOVruddhi Engineering Works IPO
QIB (times)109.75x1.05x
NII (times)528.12x28.14x
Big NII (times)
Small NII (times)
RII (times)328.80x20.10x
Employee (times)
Other (times)
Total (times)309.03x12.67x