Chetana Education IPO vs VVIP Infratech IPO

Comparison between Chetana Education IPO and VVIP Infratech IPO.

IPO Details

Chetana Education IPO is a SME Bookbuilding IPO proposed to list at NSE SME while VVIP Infratech IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Chetana Education IPO is up to ₹43.57 Cr whereas the issue size of the VVIP Infratech IPO is up to ₹58.07 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of VVIP Infratech IPO is ₹93.00 per share.

 Chetana Education IPOVVIP Infratech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share₹91.00 per share
Issue Price (Upper)₹85.00 per share₹93.00 per share
Issue Price (Final)₹85.00 per share₹93.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size51,26,400 shares62,43,600 shares
Fresh Issue Size (Amount)up to ₹43.57 Crup to ₹58.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total51,26,400 shares62,43,600 shares
Issue Size Total (Amount)up to ₹43.57 Crup to ₹58.07 Cr

IPO Timetable

Chetana Education IPO opens on Jul 24, 2024, while VVIP Infratech IPO opens on Jul 23, 2024. The closing date of Chetana Education IPO and VVIP Infratech IPO is Jul 26, 2024, and Jul 25, 2024, respectively.

 Chetana Education IPOVVIP Infratech IPO
Anchor Bid DateJul 23, 2024Jul 22, 2024
Issue OpenJul 24, 2024Jul 23, 2024
Issue CloseJul 26, 2024Jul 25, 2024
Basis Of Allotment (Tentative)Jul 29, 2024Jul 26, 2024
Initiation of Refunds (Tentative)Jul 30, 2024Jul 29, 2024
Credit of Share (Tentative)Jul 30, 2024Jul 29, 2024
Listing date (Tentative)Jul 31, 2024Jul 30, 2024
Anchor Lockin End date 1Aug 28, 2024Aug 25, 2024
Anchor Lockin End date 2Oct 27, 2024Oct 24, 2024

Financials & KPIs

Chetana Education IPO P/E ratio is 10.59, as compared to VVIP Infratech IPO P/E ratio of 8.26.

 Chetana Education IPOVVIP Infratech IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets94.7583.1576.0668.25
Total Income93.6775.6143.1232.71
Profit After Tax12.036.851.682.80
NET Worth25.2522.8219.4720.91
Reserves and Surplus10.25
Total Borrowing51.2943.0038.7634.88
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets263.20241.59266.25
Total Income285.88210.56185.26
Profit After Tax20.7113.584.53
NET Worth110.6186.4068.04
Reserves and Surplus92.2285.7967.43
Total Borrowing44.3235.9866.80
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10092.34
Promoter Shareholding (Post-Issue)73.5368
P/E Ratio10.598.26
Market Cap₹173.40 Cr.₹232.22 Cr.
ROE50.08%21.36%
ROCE26.87%19.00%
Debt/Equity0.40
EPS₹8.02₹11.26
RoNW47.67%18.73%

Shares Offered

In the Chetana Education IPO Retail Individual Investors (RII) are offered 17,95,200 shares while in VVIP Infratech IPO retail investors are offered 17,95,200 shares. Qualified Institutional Buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and 12,48,000 shares in VVIP Infratech IPO.

 Chetana Education IPOVVIP Infratech IPO
Anchor Investor Reservation15,36,000 shares18,72,000 shares
Market Maker Reservation2,73,600 shares3,38,400 shares
QIB10,25,600 shares12,48,000 shares
NII7,69,600 shares9,37,200 shares
RII17,95,200 shares21,86,400 shares
Employee
Others
Total51,26,400 shares62,43,600 shares

Bids Received (Subscription)

Chetana Education IPO subscribed 196.87x in total, whereas VVIP Infratech IPO subscribed 236.92x.

 Chetana Education IPOVVIP Infratech IPO
QIB (times)101.22x168.45x
NII (times)468.42x456.82x
Big NII (times)
Small NII (times)
RII (times)135.11x181.73x
Employee (times)
Other (times)
Total (times)196.87x236.92x

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