Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

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.

 Sunrest Lifescience IPOVrundavan Plantation IPO
LogoSunrest Lifescience IPO LogoVrundavan Plantation IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersMark Corporate Advisors Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerSvcm 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 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.

 Sunrest Lifescience IPOVrundavan Plantation IPO
Anchor Bid Date
Issue OpenNov 07, 2023Oct 30, 2023
Issue CloseNov 09, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Nov 15, 2023Nov 05, 2023
Initiation of Refunds (Tentative)Nov 16, 2023Nov 06, 2023
Credit of Share (Tentative)Nov 17, 2023Nov 06, 2023
Listing date (Tentative)Nov 20, 2023Nov 06, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

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

Sunrest Lifescience Limited Financial Information (Restated)

Sunrest Lifescience Limited's revenue decreased by -8.32% and profit after tax (PAT) rose by 162.91% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,706.281,671.371,301.97948.15
Total Income563.582,467.052,690.991,694.91
Profit After Tax75.08204.3177.7116.55
Net Worth386.60311.52107.2029.49
Reserves and Surplus86.6011.52106.2028.49
Total Borrowing347.32214.32323.83231.55
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)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 Reserveration
Market Maker Reserveration65,600 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.

 Sunrest Lifescience IPOVrundavan Plantation IPO
QIB (times)
NII (times)29.17x11.60x
Big NII (times)
Small NII (times)
RII (times)65.74x25.51x
Employee (times)
Other (times)
Total (times)48.54x18.57x