On Door Concepts IPO vs Vivaa Tradecom IPO

Comparison between On Door Concepts IPO and Vivaa Tradecom IPO.

IPO Details

On Door Concepts IPO is a SME Fixed Price IPO proposed to list at NSE 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 On Door Concepts IPO is up to ₹29.38 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.57 Cr. The final issue price of On Door Concepts IPO is ₹208.00 per share and of Vivaa Tradecom IPO is ₹51.00 per share.

 On Door Concepts IPOVivaa Tradecom IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹208.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size600 shares2000 shares
Fresh Issue Size14,12,400 shares14,84,000 shares
Fresh Issue Size (Amount)up to ₹29.38 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 Total14,12,400 shares14,84,000 shares
Issue Size Total (Amount)up to ₹29.38 Crup to ₹7.57 Cr

IPO Timetable

On Door Concepts IPO opens on Oct 23, 2023, while Vivaa Tradecom IPO opens on Sep 27, 2023. The closing date of On Door Concepts IPO and Vivaa Tradecom IPO is Oct 27, 2023, and Oct 04, 2023, respectively.

 On Door Concepts IPOVivaa Tradecom IPO
Issue OpenOct 23, 2023Sep 27, 2023
Issue CloseOct 27, 2023Oct 04, 2023
Basis Of Allotment (Tentative)Oct 31, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Nov 01, 2023Oct 10, 2023
Credit of Share (Tentative)Nov 01, 2023Oct 11, 2023
Listing date (Tentative)Nov 01, 2023Oct 12, 2023

Financials & KPIs

On Door Concepts IPO P/E ratio is 4.56, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.

 On Door Concepts IPOVivaa Tradecom IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets90.0977.8265.63
Total Income180.15173.33183.06
Profit After Tax13.06-5.37-5.23
NET Worth51.21-66.25-60.88
Reserves and Surplus47.34-68.28-62.91
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)51.92%50%
Promoter Shareholding (Post-Issue)38.14%30.11%
P/E Ratio4.5647.66
Market Cap₹117.49 Cr.₹20.08 Cr.
ROE25.51
ROCE50.90
Debt/Equity0.38
EPS₹56.77₹11.07
RoNW25.512.10

Shares Offered

In the On Door Concepts IPO Retail Individual Investors (RII) are offered 7,06,200 shares while in Vivaa Tradecom IPO retail investors are offered 7,06,200 shares. Qualified Institutional Buyers (QIB) are offered in On Door Concepts IPO and in Vivaa Tradecom IPO.

 On Door Concepts IPOVivaa Tradecom IPO
Market Maker Reservation86,400 shares82,000 shares
NII7,06,200 shares7,42,000 shares
RII7,06,200 shares7,42,000 shares
Total14,12,400 shares14,84,000 shares

Bids Received (Subscription)

On Door Concepts IPO subscribed 5.51x in total, whereas Vivaa Tradecom IPO subscribed 1.78x.

 On Door Concepts IPOVivaa Tradecom IPO
NII (times)3.16x0.70x
RII (times)7.87x2.86x
Total (times)5.51x1.78x

Compare with others

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On Door Concepts IPO Vs Vivaa Tradecom IPO