SAR Televenture FPO vs VVIP Infratech IPO

Comparison between SAR Televenture FPO and VVIP Infratech IPO.

IPO Details

SAR Televenture FPO 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.

	SAR Televenture FPO	VVIP Infratech IPO
Logo
Issue Category	SME	SME
Issue Type	FPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Pantomath Capital Advisors Pvt.Ltd.	Share India Capital Services Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker	Asit C.Mehta Investment Interrmediates Ltd.	Share India Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of SAR Televenture FPO is up to ₹142.50 Cr whereas the issue size of the VVIP Infratech IPO is up to ₹58.07 Cr. The final issue price of SAR Televenture FPO is ₹210.00 per share and of VVIP Infratech IPO is ₹93.00 per share.

	SAR Televenture FPO	VVIP Infratech IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹200.00 per share	₹91.00 per share
Issue Price (Upper)	₹210.00 per share	₹93.00 per share
Issue Price (Final)	₹210.00 per share	₹93.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	500 shares	1200 shares
Fresh Issue Size	67,85,500 shares	62,43,600 shares
Fresh Issue Size (Amount)	up to ₹142.50 Cr	up to ₹58.07 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	67,85,500 shares	62,43,600 shares
Issue Size Total (Amount)	up to ₹142.50 Cr	up to ₹58.07 Cr

IPO Timetable

SAR Televenture FPO opens on Jul 22, 2024, while VVIP Infratech IPO opens on Jul 23, 2024. The closing date of SAR Televenture FPO and VVIP Infratech IPO is Jul 24, 2024, and Jul 25, 2024, respectively.

	SAR Televenture FPO	VVIP Infratech IPO
Anchor Bid Date	Jul 19, 2024	Jul 22, 2024
Issue Open	Jul 22, 2024	Jul 23, 2024
Issue Close	Jul 24, 2024	Jul 25, 2024
Basis Of Allotment (Tentative)	Jul 25, 2024	Jul 26, 2024
Initiation of Refunds (Tentative)	Jul 26, 2024	Jul 29, 2024
Credit of Share (Tentative)	Jul 26, 2024	Jul 29, 2024
Listing date (Tentative)	Jul 29, 2024	Jul 30, 2024
Anchor Lockin End date 1	Aug 24, 2024	Aug 25, 2024
Anchor Lockin End date 2	Oct 23, 2024	Oct 24, 2024

Financials & KPIs

SAR Televenture FPO P/E ratio is 14.79, as compared to VVIP Infratech IPO P/E ratio of 8.26.

SAR Televenture FPO

VVIP Infratech IPO

Financials

SAR Televenture Limited Financial Information (Restated Consolidated)

SAR Televenture Limited 's revenue increased by 281.87% and profit after tax (PAT) rose by 297.92% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	26,641.86	2,422.42	410.83
Total Income	12,416.97	3,251.63	475.35
Profit After Tax	1,566.17	393.59	3.71
Net Worth	7,180.41	1,185.59	-7.74
Reserves and Surplus	6,880.41	1,120.30	-11.91
Total Borrowing	17,787.41	444.41	337.09
Amount in ₹ Lakhs

VVIP Infratech Limited Financial Information (Restated Consolidated)

VVIP Infratech Limited's revenue increased by 35.77% and profit after tax (PAT) rose by 52.56% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	26,319.67	24,158.58	26,624.58
Total Income	28,588.31	21,056.28	18,526.04
Profit After Tax	2,071.23	1,357.66	452.96
Net Worth	11,061.17	8,639.66	6,803.50
Reserves and Surplus	9,222.40	8,579.13	6,742.97
Total Borrowing	4,431.98	3,598.39	6,679.88
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

66.27

92.34

Promoter Shareholding (Post-Issue)

P/E Ratio

14.79

8.26

Market Cap

₹232.22 Cr.

ROE

21.81%

21.36%

ROCE

6.63%

19.00%

Debt/Equity

2.48

0.40

EPS

₹11.26

RoNW

21.81%

18.73%

Shares Offered

In the SAR Televenture FPO Retail Individual Investors (RII) are offered 23,75,000 shares while in VVIP Infratech IPO retail investors are offered 23,75,000 shares. Qualified Institutional Buyers (QIB) are offered 13,57,000 shares in SAR Televenture FPO and 12,48,000 shares in VVIP Infratech IPO.

	SAR Televenture FPO	VVIP Infratech IPO
Anchor Investor Reserveration	20,35,500 shares	18,72,000 shares
Market Maker Reserveration	3,57,000 shares	3,38,400 shares
QIB	13,57,000 shares	12,48,000 shares
NII	10,18,000 shares	9,37,200 shares
RII	23,75,000 shares	21,86,400 shares
Employee
Others
Total	67,85,500 shares	62,43,600 shares

Bids Received (Subscription)

SAR Televenture FPO subscribed 7.49x in total, whereas VVIP Infratech IPO subscribed 236.92x.

	SAR Televenture FPO	VVIP Infratech IPO
QIB (times)	8.31x	168.45x
NII (times)	8.34x	456.82x
Big NII (times)
Small NII (times)
RII (times)	6.52x	181.73x
Employee (times)
Other (times)
Total (times)	7.49x	236.92x

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