City Crops Agro IPO vs Vivaa Tradecom IPO

Comparision between City Crops Agro IPO and Vivaa Tradecom IPO.

IPO Details

City Crops Agro IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Vivaa Tradecom IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	City Crops Agro IPO	Vivaa Tradecom IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Turnaround Corporate Advisors Private Limited	Interactive Financial Services Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Mnm Stock Broking Private Limited	Asnani Stock Broker Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of City Crops Agro IPO is up to ₹15.00 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.99 Cr. The final issue price of City Crops Agro IPO is ₹25.00 per share and of Vivaa Tradecom IPO is ₹51.00 per share.

	City Crops Agro IPO	Vivaa Tradecom IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹25.00 per share	₹51.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	2000 shares
Fresh Issue Size	60,00,000 shares	15,66,000 shares
Fresh Issue Size (Amount)	up to ₹15.00 Cr	up to ₹7.99 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	60,00,000 shares	15,66,000 shares
Issue Size Total (Amount)	up to ₹15.00 Cr	up to ₹7.99 Cr

IPO Timetable

City Crops Agro IPO opens on Sep 26, 2023, while Vivaa Tradecom IPO opens on Sep 27, 2023. The closing date of City Crops Agro IPO and Vivaa Tradecom IPO is Sep 29, 2023, and Oct 04, 2023, respectively.

	City Crops Agro IPO	Vivaa Tradecom IPO
Anchor Bid Date
Issue Open	Sep 26, 2023	Sep 27, 2023
Issue Close	Sep 29, 2023	Oct 04, 2023
Basis Of Allotment (Tentative)	Oct 05, 2023	Oct 09, 2023
Initiation of Refunds (Tentative)	Oct 06, 2023	Oct 10, 2023
Credit of Share (Tentative)	Oct 09, 2023	Oct 11, 2023
Listing date (Tentative)	Oct 10, 2023	Oct 12, 2023
Anchor Lockin End date 1	Nov 04, 2023	Nov 08, 2023
Anchor Lockin End date 2	Jan 03, 2024	Jan 07, 2024

Financials

City Crops Agro IPO P/E ratio is 22.03, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.

City Crops Agro IPO

Vivaa Tradecom IPO

Financial

City Crops Agro IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	246.99	1,298.96	1,402.71
Revenue	348.90	1,775.69	2,462.50
Profit After Tax	4.32	48.41	117.08
Net Worth	5.08	1,077.14	1,194.25
Reserves and Surplus	4.08	45.50	162.57
Total Borrowing	0.51	5.01	2.01

Amount in ₹ Lakhs

Vivaa Tradecom IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	9,430.20	9,803.46	4,918.80
Revenue	14,734.56	24,728.70	13,402.83
Profit After Tax	-6.48	44.39	25.48
Net Worth	1,118.58	1,162.97	1,211.70
Reserves and Surplus	1,116.26	1,160.65	974.55
Total Borrowing	1,354.91	1,113.05	457.36

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.51%

50%

Promoter Shareholding (Post-Issue)

54.70%

30.11%

P/E Ratio

22.03

47.66

Market Cap

₹40.79 Cr.

₹20.08 Cr.

ROE

ROCE

Debt/Equity

0.38

EPS

₹1.13

₹11.07

RoNW

9.80%%

2.10%%

Shares Offered

In the City Crops Agro IPO retail investors (RII) are offered 28,50,000 shares while in Vivaa Tradecom IPO retail investors are offered 28,50,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in City Crops Agro IPO and 0 shares in Vivaa Tradecom IPO.

	City Crops Agro IPO	Vivaa Tradecom IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,00,000 shares	82,000 shares
QIB	0 shares	0 shares
NII	28,50,000 shares	7,42,000 shares
RII	28,50,000 shares	7,42,000 shares
Employee	0 shares	0 shares
Others
Total	57,00,000 shares	14,84,000 shares

Bids Received (Subscription)

City Crops Agro IPO subscribed 3.47x in total, whereas Vivaa Tradecom IPO subscribed 1.81x.

	City Crops Agro IPO	Vivaa Tradecom IPO
QIB (times)
NII (times)	2.15x	0.70x
Big NII (times)
Small NII (times)
RII (times)	4.78x	2.86x
Employee (times)
Other (times)
Total (times)	3.47x	1.81x

Compare with others

City Crops Agro IPO	Vivaa Tradecom IPO
On Door Concepts IPO	Shanthala FMCG Products IPO
Arvind and Company Shipping Agencies IPO	Paragon Fine And Speciality Chemicals IPO
WomanCart IPO	On Door Concepts IPO
Vivaa Tradecom IPO	Arvind and Company Shipping Agencies IPO
Karnika Industries IPO	WomanCart IPO
Canarys Automations IPO	Karnika Industries IPO
Oneclick Logistics India IPO	City Crops Agro IPO
Vinyas Innovative Technologies IPO	Canarys Automations IPO
Plada Infotech Services IPO	Oneclick Logistics India IPO
Sharp Chucks And Machines IPO	Vinyas Innovative Technologies IPO

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