Comparison between Vishwas Agri Seeds IPO and Vruddhi Engineering Works IPO.
IPO Details
Vishwas Agri Seeds 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 Vishwas Agri Seeds IPO is up to ₹24.49 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.51 Cr. The final issue price of Vishwas Agri Seeds IPO is ₹86.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.
IPO Timetable
Vishwas Agri Seeds IPO opens on Mar 21, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of Vishwas Agri Seeds IPO and Vruddhi Engineering Works IPO is Mar 26, 2024, and Mar 28, 2024, respectively.
| | Vishwas Agri Seeds IPO | Vruddhi Engineering Works IPO |
|---|
| Issue Open | Mar 21, 2024 | Mar 26, 2024 |
| Issue Close | Mar 26, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Mar 27, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Mar 28, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Mar 28, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Apr 01, 2024 | Apr 03, 2024 |
Financials & KPIs
Vishwas Agri Seeds IPO P/E ratio is 5.06, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.
Shares Offered
In the Vishwas Agri Seeds IPO Retail Individual Investors (RII) are offered 14,24,000 shares while in Vruddhi Engineering Works IPO retail investors are offered 14,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Vishwas Agri Seeds IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.
| | Vishwas Agri Seeds IPO | Vruddhi Engineering Works IPO |
|---|
| Market Maker Reservation | 1,52,000 shares | 36,000 shares |
| QIB | | 3,20,000 shares |
| NII | 14,24,000 shares | 98,000 shares |
| RII | 14,24,000 shares | 2,26,000 shares |
| Total | 28,48,000 shares | 6,44,000 shares |
Bids Received (Subscription)
Vishwas Agri Seeds IPO subscribed 12.18x in total, whereas Vruddhi Engineering Works IPO subscribed 14.16x.
