Sunrest Lifescience IPO vs Vrundavan Plantation IPO

Comparison between Sunrest Lifescience IPO and Vrundavan Plantation IPO.

IPO Details

Sunrest Lifescience 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.

Issue Size and Price

The total issue size of Sunrest Lifescience IPO is up to ₹10.30 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹14.52 Cr. The final issue price of Sunrest Lifescience IPO is ₹84.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.

 Sunrest Lifescience IPOVrundavan Plantation IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹84.00 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 Size12,25,600 shares13,44,000 shares
Fresh Issue Size (Amount)up to ₹10.30 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 Total12,25,600 shares13,44,000 shares
Issue Size Total (Amount)up to ₹10.30 Crup to ₹14.52 Cr

IPO Timetable

Sunrest Lifescience IPO opens on Nov 07, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of Sunrest Lifescience IPO and Vrundavan Plantation IPO is Nov 09, 2023, and Nov 01, 2023, respectively.

Financials & KPIs

Sunrest Lifescience IPO P/E ratio is 12.33, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.

 Sunrest Lifescience IPOVrundavan Plantation IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets17.0616.7113.029.48
Total Income5.6424.6726.9116.95
Profit After Tax0.752.040.780.17
NET Worth3.873.121.070.29
Reserves and Surplus0.870.121.060.28
Total Borrowing3.472.143.242.32
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 May 2023
Assets23.22
Total Income1.81
Profit After Tax0.17
NET Worth4.14
Reserves and Surplus0.22
Total Borrowing0.17
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10085.29
Promoter Shareholding (Post-Issue)69.9162.65
P/E Ratio12.3334.62
Market Cap₹36.05 Cr.₹57.59 Cr.
ROE53%8.35%
ROCE98%6.71%
Debt/Equity0.640.47
EPS₹6.81₹0.52
RoNW65.59%4.19%

Shares Offered

In the Sunrest Lifescience IPO Retail Individual Investors (RII) are offered 6,12,800 shares while in Vrundavan Plantation IPO retail investors are offered 6,12,800 shares. Qualified Institutional Buyers (QIB) are offered in Sunrest Lifescience IPO and in Vrundavan Plantation IPO.

 Sunrest Lifescience IPOVrundavan Plantation IPO
Anchor Investor Reservation
Market Maker Reservation65,600 shares72,000 shares
QIB
NII6,12,800 shares6,72,000 shares
RII6,12,800 shares6,72,000 shares
Employee
Others
Total12,25,600 shares13,44,000 shares

Bids Received (Subscription)

Sunrest Lifescience IPO subscribed 48.54x in total, whereas Vrundavan Plantation IPO subscribed 18.57x.

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Sunrest Lifescience IPO Vs Vrundavan Plantation IPO