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Benchmark Computer IPO vs Vrundavan Plantation IPO

Comparison between Benchmark Computer IPO and Vrundavan Plantation IPO.

IPO Details

Benchmark Computer IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vrundavan Plantation IPO is a SME Fixed Price proposed to list at BSE SME.

 Benchmark Computer IPOVrundavan Plantation IPO
LogoBenchmark Computer IPO LogoVrundavan Plantation IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Market MakerSpread X Securities Pvt.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 Benchmark Computer IPO is up to ₹11.60 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹14.52 Cr. The final issue price of Benchmark Computer IPO is ₹66.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.

 Benchmark Computer IPOVrundavan Plantation IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹66.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size17,58,000 shares13,44,000 shares
Fresh Issue Size (Amount)up to ₹11.60 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 Total17,58,000 shares13,44,000 shares
Issue Size Total (Amount)up to ₹11.60 Crup to ₹14.52 Cr

IPO Timetable

Benchmark Computer IPO opens on Dec 14, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of Benchmark Computer IPO and Vrundavan Plantation IPO is Dec 18, 2023, and Nov 01, 2023, respectively.

 Benchmark Computer IPOVrundavan Plantation IPO
Anchor Bid Date
Issue OpenDec 14, 2023Oct 30, 2023
Issue CloseDec 18, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Dec 19, 2023Nov 05, 2023
Initiation of Refunds (Tentative)Dec 20, 2023Nov 06, 2023
Credit of Share (Tentative)Dec 20, 2023Nov 06, 2023
Listing date (Tentative)Dec 21, 2023Nov 06, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Benchmark Computer IPO P/E ratio is 16.3, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.

 Benchmark Computer IPOVrundavan Plantation IPO
Financials

Benchmark Computer Solutions Limited Financial Information (Restated)

Benchmark Computer Solutions Limited's revenue increased by 70.21% and profit after tax (PAT) rose by 145.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,273.872,443.781,797.391,598.29
Total Income1,322.523,241.491,904.381,508.39
Profit After Tax95.67202.8782.6696.77
Net Worth1,385.181,289.511,086.641,000.92
Reserves and Surplus884.181,288.511,085.64999.92
Total Borrowing524.84553.07434.68413.13
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)9985.29
Promoter Shareholding (Post-Issue)72.2762.65
P/E Ratio16.334.62
Market Cap₹45.30 Cr.₹57.59 Cr.
ROE17.08%8.35%
ROCE18.88%6.71%
Debt/Equity0.430.47
EPS₹4.05₹0.52
RoNW15.73%4.19%

Shares Offered

In the Benchmark Computer IPO Retail Individual Investors (RII) are offered 8,80,000 shares while in Vrundavan Plantation IPO retail investors are offered 8,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Benchmark Computer IPO and in Vrundavan Plantation IPO.

 Benchmark Computer IPOVrundavan Plantation IPO
Anchor Investor Reserveration
Market Maker Reserveration96,000 shares72,000 shares
QIB
NII8,78,000 shares6,72,000 shares
RII8,80,000 shares6,72,000 shares
Employee
Others
Total17,58,000 shares13,44,000 shares

Bids Received (Subscription)

Benchmark Computer IPO subscribed 484.49x in total, whereas Vrundavan Plantation IPO subscribed 18.57x.

 Benchmark Computer IPOVrundavan Plantation IPO
QIB (times)
NII (times)357.89x11.60x
Big NII (times)
Small NII (times)
RII (times)590.26x25.51x
Employee (times)
Other (times)
Total (times)484.49x18.57x