Integrity Infrabuild IPO vs Vyara Tiles IPO

Comparison between Integrity Infrabuild IPO and Vyara Tiles IPO.

IPO Details

Integrity Infrabuild IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vyara Tiles IPO is a SME Bookbuilding proposed to list at BSE SME.

	Integrity Infrabuild IPO	Vyara Tiles IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Aryaman Financial Services Ltd.	Share India Capital Services Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Kfin Technologies Ltd.
Market Maker	Aryaman Capital Markets Ltd.
DRHP	DRHP	DRHP
RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Integrity Infrabuild IPO is up to ₹11.33 Cr whereas the issue size of the Vyara Tiles IPO is up to ₹0.00 Cr. The final issue price of Integrity Infrabuild IPO is ₹100.00 per share and of Vyara Tiles IPO is .

	Integrity Infrabuild IPO	Vyara Tiles IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹100.00 per share
Discount (Retail)	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares
Fresh Issue Size	11,32,800 shares	41,68,000 shares
Fresh Issue Size (Amount)	up to ₹11.33 Cr	up to ₹0.00 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	11,32,800 shares	41,68,000 shares
Issue Size Total (Amount)	up to ₹11.33 Cr	up to ₹0.00 Cr

IPO Timetable

Integrity Infrabuild IPO opens on May 13, 2025, while Vyara Tiles IPO opens on . The closing date of Integrity Infrabuild IPO and Vyara Tiles IPO is May 15, 2025, and , respectively.

	Integrity Infrabuild IPO	Vyara Tiles IPO
Anchor Bid Date
Issue Open	May 13, 2025
Issue Close	May 15, 2025
Basis Of Allotment (Tentative)	May 16, 2025
Initiation of Refunds (Tentative)	May 19, 2025
Credit of Share (Tentative)	May 19, 2025
Listing date (Tentative)	May 20, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Integrity Infrabuild IPO P/E ratio is 32.68, as compared to Vyara Tiles IPO P/E ratio of .

Integrity Infrabuild IPO

Vyara Tiles IPO

Financials

Integrity Infrabuild Developers Limited Financial Information (Restated)

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	33.35	20.68	15.25	13.06
Total Income	68.97	64.63	45.23	33.48
Profit After Tax	1.94	0.95	0.29	0.30
Net Worth	4.56	3.10	1.78	2.55
Reserves and Surplus	1.46	0.00	0.00	0.00
Total Borrowing	12.86	11.17	5.22	6.51
Amount in ₹ Crore

Vyara Tiles Ltd. Financial Information (Restated)

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	99.21	76.99	67.82	55.82
Total Income	85.10	94.58	83.00	62.84
Profit After Tax	7.11	8.51	4.35	2.85
EBITDA	17.15	17.11	13.06	8.78
Net Worth	39.99	31.35	22.84	18.49
Reserves and Surplus	27.75	29.35	20.84	16.50
Total Borrowing	37.47	29.21	32.17	24.40
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

99.99

97.85

Promoter Shareholding (Post-Issue)

72.09

P/E Ratio

32.68

Market Cap

₹43.00 Cr.

ROE

30.60%

31.42%

ROCE

13.14%

17.85%

Debt/Equity

3.71

0.93

EPS

₹3.06

RoNW

30.60%

31.42%

Shares Offered

In the Integrity Infrabuild IPO Retail Individual Investors (RII) are offered 5,66,400 shares while in Vyara Tiles IPO retail investors are offered 5,66,400 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Integrity Infrabuild IPO and 0 shares in Vyara Tiles IPO.

	Integrity Infrabuild IPO	Vyara Tiles IPO
Anchor Investor Reserveration		0 shares
Market Maker Reserveration	67,200 shares	2,32,000 shares
QIB	0 shares	0 shares
NII	5,66,400 shares	0 shares
RII	5,66,400 shares	0 shares
Employee	0 shares	0 shares
Others
Total	11,32,800 shares	0 shares

Bids Received (Subscription)

Integrity Infrabuild IPO subscribed 2.17x in total, whereas Vyara Tiles IPO subscribed .

	Integrity Infrabuild IPO	Vyara Tiles IPO
QIB (times)
NII (times)	2.09x
Big NII (times)
Small NII (times)
RII (times)	2.26x
Employee (times)
Other (times)
Total (times)	2.17x

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