City Crops Agro IPO vs Vivaa Tradecom IPO

Comparison between City Crops Agro IPO and Vivaa Tradecom IPO.

IPO Details

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

Issue Size and Price

The total issue size of City Crops Agro IPO is up to ₹14.25 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.57 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 IPOVivaa Tradecom IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size57,00,000 shares14,84,000 shares
Fresh Issue Size (Amount)up to ₹14.25 Crup to ₹7.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total57,00,000 shares14,84,000 shares
Issue Size Total (Amount)up to ₹14.25 Crup to ₹7.57 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 IPOVivaa Tradecom IPO
Issue OpenSep 26, 2023Sep 27, 2023
Issue CloseSep 29, 2023Oct 04, 2023
Basis Of Allotment (Tentative)Oct 05, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Oct 06, 2023Oct 10, 2023
Credit of Share (Tentative)Oct 09, 2023Oct 11, 2023
Listing date (Tentative)Oct 10, 2023Oct 12, 2023

Financials & KPIs

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 IPOVivaa Tradecom IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets14.0312.992.47
Total Income24.6217.763.49
Profit After Tax1.170.480.04
NET Worth11.9410.770.05
Reserves and Surplus1.630.450.04
Total Borrowing0.020.050.01
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets49.1998.0394.30
Total Income134.03247.29147.35
Profit After Tax0.250.44-0.06
NET Worth12.1211.6311.19
Reserves and Surplus9.7511.6111.16
Total Borrowing4.5711.1313.55
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.51%50%
Promoter Shareholding (Post-Issue)54.7%30.11%
P/E Ratio22.0347.66
Market Cap₹40.79 Cr.₹20.08 Cr.
Debt/Equity0.38
EPS₹1.13₹11.07
RoNW9.802.10

Shares Offered

In the City Crops Agro IPO Retail Individual 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 in City Crops Agro IPO and in Vivaa Tradecom IPO.

 City Crops Agro IPOVivaa Tradecom IPO
Market Maker Reservation3,00,000 shares82,000 shares
NII28,50,000 shares7,42,000 shares
RII28,50,000 shares7,42,000 shares
Total57,00,000 shares14,84,000 shares

Bids Received (Subscription)

City Crops Agro IPO subscribed 3.47x in total, whereas Vivaa Tradecom IPO subscribed 1.78x.

 City Crops Agro IPOVivaa Tradecom IPO
NII (times)2.15x0.70x
RII (times)4.78x2.86x
Total (times)3.47x1.78x

Compare with others

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City Crops Agro IPO Vs Vivaa Tradecom IPO