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Baba Food Processing IPO vs Vrundavan Plantation IPO

Comparison between Baba Food Processing IPO and Vrundavan Plantation IPO.

IPO Details

Baba Food Processing IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vrundavan Plantation IPO is a SME Fixed Price proposed to list at BSE SME.

 Baba Food Processing IPOVrundavan Plantation IPO
LogoBaba Food Processing IPO LogoVrundavan Plantation IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHorizon Management Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarMAS Services Ltd.Kfin Technologies Ltd.
Market MakerNikunj Stock Brokers Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Baba Food Processing IPO is up to ₹31.23 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹14.52 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.

 Baba Food Processing IPOVrundavan Plantation IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹72.00 per share
Issue Price (Upper)₹76.00 per share
Issue Price (Final)₹76.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size41,08,800 shares13,44,000 shares
Fresh Issue Size (Amount)up to ₹31.23 Crup to ₹14.52 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total41,08,800 shares13,44,000 shares
Issue Size Total (Amount)up to ₹31.23 Crup to ₹14.52 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of Baba Food Processing IPO and Vrundavan Plantation IPO is Nov 07, 2023, and Nov 01, 2023, respectively.

 Baba Food Processing IPOVrundavan Plantation IPO
Anchor Bid Date
Issue OpenNov 03, 2023Oct 30, 2023
Issue CloseNov 07, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Nov 10, 2023Nov 05, 2023
Initiation of Refunds (Tentative)Nov 13, 2023Nov 06, 2023
Credit of Share (Tentative)Nov 15, 2023Nov 06, 2023
Listing date (Tentative)Nov 15, 2023Nov 06, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Baba Food Processing IPO P/E ratio is , as compared to Vrundavan Plantation IPO P/E ratio of 34.62.

 Baba Food Processing IPOVrundavan Plantation IPO
Financials

Baba Food Processing India Limited Financial Information (Restated Consolidated)

Baba Food Processing India Limited's revenue increased by 94.38% and profit after tax (PAT) rose by 150.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets6,980.336,811.545,467.804,583.95
Total Income4,138.7518,964.179,756.3010,769.55
Profit After Tax192.29503.44201.26198.14
Net Worth2,692.362,499.971,996.531,648.95
Reserves and Surplus1,492.262,019.971,516.531,168.95
Total Borrowing3,250.943,266.542,766.602,325.45
Amount in ₹ Lakhs

Vrundavan Plantation Limited Financial Information (Restated)

Period Ended31 May 2023
Assets2,321.67
Total Income180.68
Profit After Tax17.33
Net Worth413.82
Reserves and Surplus22.15
Total Borrowing17.47
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9985.29
Promoter Shareholding (Post-Issue)62.65
P/E Ratio34.62
Market Cap₹124.20 Cr.₹57.59 Cr.
ROE20.14%8.35%
ROCE15.81%6.71%
Debt/Equity0.47
EPS₹4.20₹0.52
RoNW20.14%4.19%

Shares Offered

In the Baba Food Processing IPO Retail Individual Investors (RII) are offered 28,35,200 shares while in Vrundavan Plantation IPO retail investors are offered 28,35,200 shares. Qualified Institutional Buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and in Vrundavan Plantation IPO.

 Baba Food Processing IPOVrundavan Plantation IPO
Anchor Investor Reserveration
Market Maker Reserveration2,17,600 shares72,000 shares
QIB80,000 shares
NII11,93,600 shares6,72,000 shares
RII28,35,200 shares6,72,000 shares
Employee
Others
Total41,08,800 shares13,44,000 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas Vrundavan Plantation IPO subscribed 18.57x.

 Baba Food Processing IPOVrundavan Plantation IPO
QIB (times)147.02x
NII (times)84.73x11.60x
Big NII (times)
Small NII (times)
RII (times)60.82x25.51x
Employee (times)
Other (times)
Total (times)69.44x18.57x