Comparison between Radiowalla Network IPO and Vruddhi Engineering Works IPO.
Radiowalla Network 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.
| Radiowalla Network IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Radiowalla Network IPO is up to ₹13.40 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.51 Cr. The final issue price of Radiowalla Network IPO is ₹76.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.
| Radiowalla Network IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹72.00 per share | ₹66.00 per share |
| Issue Price (Upper) | ₹76.00 per share | ₹70.00 per share |
| Issue Price (Final) | ₹76.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 17,63,200 shares | 6,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.40 Cr | up to ₹4.51 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 | 17,63,200 shares | 6,44,000 shares |
| Issue Size Total (Amount) | up to ₹13.40 Cr | up to ₹4.51 Cr |
Radiowalla Network IPO opens on Mar 27, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of Radiowalla Network IPO and Vruddhi Engineering Works IPO is Apr 02, 2024, and Mar 28, 2024, respectively.
| Radiowalla Network IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Anchor Bid Date | Mar 26, 2024 | |
| Issue Open | Mar 27, 2024 | Mar 26, 2024 |
| Issue Close | Apr 02, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Apr 03, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Apr 04, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Apr 04, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Apr 05, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | May 03, 2024 | |
| Anchor Lockin End date 2 | Jul 02, 2024 |
Radiowalla Network IPO P/E ratio is 38.48, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.
| Radiowalla Network IPO | Vruddhi Engineering Works IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Radiowalla Network Limited Financial Information (Restated Consolidated)Radiowalla Network Limited's revenue increased by 33.59% and profit after tax (PAT) rose by 117.36% between the financial year ending with March 31, 2023 and March 31, 2022.
| 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.
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| Promoter Shareholding (Pre-Issue) | 55.80 | 96.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 40.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 38.48 | 17.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹53.57 Cr. | ₹17.67 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.62% | 16.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.28% | 15.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.09 | 1.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.98 | ₹4.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.62% | 16.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Radiowalla Network IPO Retail Individual Investors (RII) are offered 6,17,600 shares while in Vruddhi Engineering Works IPO retail investors are offered 6,17,600 shares. Qualified Institutional Buyers (QIB) are offered 3,53,600 shares in Radiowalla Network IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.
| Radiowalla Network IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,26,400 shares | |
| Market Maker Reserveration | 1,12,000 shares | 36,000 shares |
| QIB | 3,53,600 shares | 3,20,000 shares |
| NII | 2,65,600 shares | 98,000 shares |
| RII | 6,17,600 shares | 2,26,000 shares |
| Employee | ||
| Others | ||
| Total | 17,63,200 shares | 6,44,000 shares |
Radiowalla Network IPO subscribed 307.54x in total, whereas Vruddhi Engineering Works IPO subscribed 12.67x.
| Radiowalla Network IPO | Vruddhi Engineering Works IPO | |
|---|---|---|
| QIB (times) | 87.96x | 1.05x |
| NII (times) | 491.86x | 28.14x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 353.98x | 20.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 307.54x | 12.67x |
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