FREE Account Opening + No Clearing Fees
Loading...

Aeron Composite IPO vs Vdeal System IPO

Comparision between Aeron Composite IPO and Vdeal System IPO.

IPO Details

Aeron Composite IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vdeal System IPO is a SME Fixed Price Issue proposed to list at NSE SME.

  Aeron Composite IPO Vdeal System IPO
Logo Aeron Composite IPO Logo Vdeal System IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Fixed Price Issue
Listing At NSE SME NSE SME
Lead Managers Hem Securities Limited Affinity Global Capital Market Private Limited
Registrar Maashitla Securities Private Limited Cameo Corporate Services Limited
Market Maker Hem Finlease Private Limited Black Fox Financial Private Limited
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aeron Composite IPO is up to ₹56.10 Cr whereas the issue size of the Vdeal System IPO is up to ₹18.08 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Vdeal System IPO is ₹112.00 per share.

  Aeron Composite IPO Vdeal System IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹121.00 per share
Issue Price (Upper) ₹125.00 per share
Issue Price (Final) ₹125.00 per share ₹112.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1000 shares 1200 shares
Fresh Issue Size 44,88,000 shares 16,14,000 shares
Fresh Issue Size (Amount) up to ₹56.10 Cr up to ₹18.08 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 44,88,000 shares 16,14,000 shares
Issue Size Total (Amount) up to ₹56.10 Cr up to ₹18.08 Cr

IPO Timetable

Aeron Composite IPO opens on Aug 28, 2024, while Vdeal System IPO opens on Aug 27, 2024. The closing date of Aeron Composite IPO and Vdeal System IPO is Aug 30, 2024, and Aug 29, 2024, respectively.

  Aeron Composite IPO Vdeal System IPO
Anchor Bid Date Aug 27, 2024
Issue Open Aug 28, 2024 Aug 27, 2024
Issue Close Aug 30, 2024 Aug 29, 2024
Basis Of Allotment (Tentative) Sep 02, 2024 Aug 30, 2024
Initiation of Refunds (Tentative) Sep 03, 2024 Sep 02, 2024
Credit of Share (Tentative) Sep 03, 2024 Sep 02, 2024
Listing date (Tentative) Sep 04, 2024 Sep 03, 2024
Anchor Lockin End date 1 Oct 02, 2024
Anchor Lockin End date 2 Dec 01, 2024

Financials

Aeron Composite IPO P/E ratio is 23.69, as compared to Vdeal System IPO P/E ratio of 11.79.

  Aeron Composite IPO Vdeal System IPO
Financial

Aeron Composite Limited Financial Information (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets9,979.426,910.216,063.234,360.19
Revenue18,080.3518,199.2610,992.57,906.12
Profit After Tax942.23661.15362.12255.3
Net Worth3,478.192,535.961,557.351,208.23
Reserves and Surplus3,321.542,379.311,427.351,078.23
Total Borrowing1,208.231,399.621,255.541,042.7
Amount in ₹ Lakhs

Vdeal System Limited Financial Information (Restated)

Vdeal System Limited's revenue increased by 26% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,727.931,544.441,142.33
Revenue2,625.082,075.411,623.96
Profit After Tax311.38110.0923.1
Net Worth628.75341.83231.73
Reserves and Surplus301.1312.04201.95
Total Borrowing937.67621.02639.51
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 100.00% 99.97%
Promoter Shareholding (Post-Issue) 73.63% 66.96%
P/E Ratio 23.69 11.79
Market Cap ₹212.75 Cr. ₹54.77 Cr.
ROE 31.33% 49.52%%
ROCE 29.67% 32.83%%
Debt/Equity 0.35 1.49
EPS ₹5.28 ₹9.50
RoNW 27.09% 49.52%%

Shares Offered

In the Aeron Composite IPO retail investors (RII) are offered 14,18,000 shares while in Vdeal System IPO retail investors are offered 14,18,000 shares. Qualified institutional buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and 0 shares in Vdeal System IPO.

  Aeron Composite IPO Vdeal System IPO
Anchor Investor Reserveration 12,14,000 shares
Market Maker Reserveration 2,28,000 shares 81,600 shares
QIB 8,10,000 shares 0 shares
NII 6,08,000 shares 7,66,200 shares
RII 14,18,000 shares 7,66,200 shares
Employee 0 shares 0 shares
Others
Total 28,36,000 shares 15,32,400 shares

Bids Received (Subscription)

Aeron Composite IPO subscribed 41.07x in total, whereas Vdeal System IPO subscribed 71.38x.

  Aeron Composite IPO Vdeal System IPO
QIB (times) 27.82x
NII (times) 75.53x 61.46x
Big NII (times)
Small NII (times)
RII (times) 33.77x 76.70x
Employee (times)
Other (times)
Total (times) 41.07x 71.38x

Comments

Add a public comment...