Benchmark Computer IPO vs Vrundavan Plantation IPO

Comparison between Benchmark Computer IPO and Vrundavan Plantation IPO.

IPO Details

Benchmark Computer IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vrundavan Plantation IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Benchmark Computer IPO is up to ₹11.60 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹14.52 Cr. The final issue price of Benchmark Computer IPO is ₹66.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.

 Benchmark Computer IPOVrundavan Plantation IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹66.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1200 shares
Fresh Issue Size17,58,000 shares13,44,000 shares
Fresh Issue Size (Amount)up to ₹11.60 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 Total17,58,000 shares13,44,000 shares
Issue Size Total (Amount)up to ₹11.60 Crup to ₹14.52 Cr

IPO Timetable

Benchmark Computer IPO opens on Dec 14, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of Benchmark Computer IPO and Vrundavan Plantation IPO is Dec 18, 2023, and Nov 01, 2023, respectively.

 Benchmark Computer IPOVrundavan Plantation IPO
Issue OpenDec 14, 2023Oct 30, 2023
Issue CloseDec 18, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Dec 19, 2023Nov 05, 2023
Initiation of Refunds (Tentative)Dec 20, 2023Nov 06, 2023
Credit of Share (Tentative)Dec 20, 2023Nov 06, 2023
Listing date (Tentative)Dec 21, 2023Nov 06, 2023

Financials & KPIs

Benchmark Computer IPO P/E ratio is 16.3, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.

 Benchmark Computer IPOVrundavan Plantation IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets22.7424.4417.9715.98
Total Income13.2332.4119.0415.08
Profit After Tax0.962.030.830.97
NET Worth13.8512.9010.8710.01
Reserves and Surplus8.8412.8910.8610.00
Total Borrowing5.255.534.354.13
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 May 2023
Assets23.22
Total Income1.81
Profit After Tax0.17
NET Worth4.14
Reserves and Surplus0.22
Total Borrowing0.17
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99%85.29%
Promoter Shareholding (Post-Issue)72.26%62.65%
P/E Ratio16.334.62
Market Cap₹45.30 Cr.₹57.59 Cr.
ROE17.088.35
ROCE18.886.71
Debt/Equity0.430.47
EPS₹4.05₹0.52
RoNW15.734.19

Shares Offered

In the Benchmark Computer IPO Retail Individual Investors (RII) are offered 8,80,000 shares while in Vrundavan Plantation IPO retail investors are offered 8,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Benchmark Computer IPO and in Vrundavan Plantation IPO.

 Benchmark Computer IPOVrundavan Plantation IPO
Market Maker Reservation96,000 shares72,000 shares
NII8,78,000 shares6,72,000 shares
RII8,80,000 shares6,72,000 shares
Total17,58,000 shares13,44,000 shares

Bids Received (Subscription)

Benchmark Computer IPO subscribed 473.94x in total, whereas Vrundavan Plantation IPO subscribed 18.56x.

 Benchmark Computer IPOVrundavan Plantation IPO
NII (times)358.71x11.60x
RII (times)588.92x25.51x
Total (times)473.94x18.56x

Compare with others

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Benchmark Computer IPO Vs Vrundavan Plantation IPO