FREE Account Opening + No Clearing Fees
Loading...

Indong Tea Company IPO vs Viaz Tyres IPO

Comparision between Indong Tea Company IPO and Viaz Tyres IPO.

IPO Details

Indong Tea Company IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Viaz Tyres IPO is a SME Fixed Price Issue proposed to list at NSE SME.

  Indong Tea Company IPO Viaz Tyres IPO
Logo Indong Tea Company IPO Logo Viaz Tyres IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Fixed Price Issue
Listing At BSE SME NSE SME
Lead Managers Finshore Management Services Limited Beeline Capital Advisors Pvt Ltd
Registrar Cameo Corporate Services Limited Link Intime India Private Ltd
Market Maker Nikunj Stock Brokers Limited Sunflower Broking 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 Indong Tea Company IPO is up to ₹13.01 Cr whereas the issue size of the Viaz Tyres IPO is up to ₹20.00 Cr. The final issue price of Indong Tea Company IPO is ₹26.00 per share and of Viaz Tyres IPO is ₹62.00 per share.

  Indong Tea Company IPO Viaz Tyres IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹26.00 per share ₹62.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 4000 shares 2000 shares
Fresh Issue Size 50,04,000 shares 32,26,000 shares
Fresh Issue Size (Amount) up to ₹13.01 Cr up to ₹20.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 50,04,000 shares 32,26,000 shares
Issue Size Total (Amount) up to ₹13.01 Cr up to ₹20.00 Cr

IPO Timetable

Indong Tea Company IPO opens on Feb 09, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of Indong Tea Company IPO and Viaz Tyres IPO is Feb 13, 2023, and Feb 21, 2023, respectively.

  Indong Tea Company IPO Viaz Tyres IPO
Anchor Bid Date
Issue Open Feb 09, 2023 Feb 16, 2023
Issue Close Feb 13, 2023 Feb 21, 2023
Basis Of Allotment (Tentative) Feb 16, 2023 Feb 24, 2023
Initiation of Refunds (Tentative) Feb 17, 2023 Feb 27, 2023
Credit of Share (Tentative) Feb 20, 2023 Feb 28, 2023
Listing date (Tentative) Feb 21, 2023 Mar 01, 2023
Anchor Lockin End date 1 Mar 18, 2023 Mar 26, 2023
Anchor Lockin End date 2 May 17, 2023 May 25, 2023

Financials

Indong Tea Company IPO P/E ratio is 9.52, as compared to Viaz Tyres IPO P/E ratio of 24.9.

  Indong Tea Company IPO Viaz Tyres IPO
Financial
Indong Tea Company Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-204,136.261,672.64-121.29-421.851,174.942,097.43
31-Mar-214,059.792,313.00127.56-294.301,302.491,841.74
31-Mar-224,324.961,992.97131.62863.681,971.48960.09
30-Sep-224,689.741,324.22204.611,068.292,176.091,047.42
Amount in ₹ Lakhs
Viaz Tyres Limited Financial Information (Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-202,429.971,994.3714.51432.931,895.94
31-Mar-212,713.322,917.2660.64493.562,047.89
31-Mar-222,898.382,933.04146.91640.471,996.09
30-Sep-223,405.872,379.10152.721,098.192,003.36
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 96.09% 99.2%
Promoter Shareholding (Post-Issue) 64.03% 73.07%
P/E Ratio 9.52 24.9
Market Cap ₹39.00 Cr. ₹75.96 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Indong Tea Company IPO retail investors (RII) are offered 23,76,000 shares while in Viaz Tyres IPO retail investors are offered 23,76,000 shares. Qualified institutional buyers (QIB) are offered in Indong Tea Company IPO and in Viaz Tyres IPO.

  Indong Tea Company IPO Viaz Tyres IPO
Anchor Investor Reserveration
Market Maker Reserveration 2,52,000 shares 1,62,000 shares
QIB
NII 23,76,000 shares 15,32,000 shares
RII 23,76,000 shares 15,32,000 shares
Employee
Others
Total 47,52,000 shares 30,64,000 shares

Bids Received (Subscription)

Indong Tea Company IPO subscribed 4.97x in total, whereas Viaz Tyres IPO subscribed 5.79x.

  Indong Tea Company IPO Viaz Tyres IPO
QIB (times)
NII (times) 2.17x 5.33x
Big NII (times)
Small NII (times)
RII (times) 7.76x 6.25x
Employee (times)
Other (times)
Total (times) 4.97x 5.79x

Comments

Add a public comment...