Plaza Wires IPO vs Valiant Laboratories IPO

Comparision between Plaza Wires IPO and Valiant Laboratories IPO.

IPO Details

Plaza Wires IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Valiant Laboratories IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Plaza Wires IPO	Valiant Laboratories IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Unistone Capital Pvt Ltd
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Plaza Wires IPO is up to ₹71.28 Cr whereas the issue size of the Valiant Laboratories IPO is up to ₹152.46 Cr. The final issue price of Plaza Wires IPO is ₹54.00 per share and of Valiant Laboratories IPO is ₹140.00 per share.

	Plaza Wires IPO	Valiant Laboratories IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹133.00 per share
Issue Price (Upper)	₹54.00 per share	₹140.00 per share
Issue Price (Final)	₹54.00 per share	₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	277 shares	105 shares
Fresh Issue Size	1,32,00,158 shares	1,08,90,000 shares
Fresh Issue Size (Amount)	up to ₹71.28 Cr	up to ₹152.46 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	1,32,00,158 shares	1,08,90,000 shares
Issue Size Total (Amount)	up to ₹71.28 Cr	up to ₹152.46 Cr

IPO Timetable

Plaza Wires IPO opens on Sep 29, 2023, while Valiant Laboratories IPO opens on Sep 27, 2023. The closing date of Plaza Wires IPO and Valiant Laboratories IPO is Oct 05, 2023, and Oct 03, 2023, respectively.

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

Financials

Plaza Wires IPO P/E ratio is 21.95, as compared to Valiant Laboratories IPO P/E ratio of 15.71.

Plaza Wires IPO

Valiant Laboratories IPO

Financial

Plaza Wires Limited Financial Information (Restated)

Plaza Wires Limited's revenue increased by 3.2% and profit after tax (PAT) rose by 26.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	112.10	104.17	99.28
Revenue	182.60	176.94	145.60
Profit After Tax	7.51	5.95	4.24
Net Worth	53.08	45.52	39.48
Reserves and Surplus	22.53	14.96	35.66
Total Borrowing	39.68	40.09	43.30
Amount in ₹ Crore

Valiant Laboratories IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	106.31	181.81	212.76
Revenue	183.78	293.47	338.77
Profit After Tax	30.59	27.50	29.00
Net Worth	88.58	71.46	100.49
Reserves and Surplus
Total Borrowing	0.35	60.68	59.40

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

100.00%

Promoter Shareholding (Post-Issue)

69.83%

74.94%

P/E Ratio

21.95

15.71

Market Cap

₹236.26 Cr.

₹608.30 Cr.

ROE

14.15%%

33.73%%

ROCE

15.57%%

22.76%%

Debt/Equity

0.75

0.59

EPS

₹2.46

₹8.91

RoNW

14.16%%

28.86%%

Shares Offered

In the Plaza Wires IPO retail investors (RII) are offered 13,20,015 shares while in Valiant Laboratories IPO retail investors are offered 13,20,015 shares. Qualified institutional buyers (QIB) are offered 61,96,076 shares in Plaza Wires IPO and 21,78,030 shares in Valiant Laboratories IPO.

	Plaza Wires IPO	Valiant Laboratories IPO
Anchor Investor Reserveration	37,04,044 shares	32,66,970 shares
Market Maker Reserveration
QIB	61,96,076 shares	21,78,030 shares
NII	19,80,023 shares	16,33,500 shares
RII	13,20,015 shares	38,11,500 shares
Employee	0 shares	0 shares
Others
Total	94,96,114 shares	76,23,030 shares

Bids Received (Subscription)

Plaza Wires IPO subscribed 160.97x in total, whereas Valiant Laboratories IPO subscribed 29.76x.

	Plaza Wires IPO	Valiant Laboratories IPO
QIB (times)	42.84x	20.83x
NII (times)	388.09x	73.64x
Big NII (times)	360.92x	78.64x
Small NII (times)	442.42x	63.64x
RII (times)	374.81x	16.06x
Employee (times)
Other (times)
Total (times)	160.97x	29.76x

Compare with others

Plaza Wires IPO	Valiant Laboratories IPO
Cello World Limited IPO	Blue Jet Healthcare IPO
Mamaearth IPO	Protean eGov Technologies IPO
Blue Jet Healthcare IPO	IRM Energy IPO
Protean eGov Technologies IPO	Plaza Wires IPO
IRM Energy IPO	Updater Services IPO
Updater Services IPO	Manoj Vaibhav Gems 'N' Jewellers IPO
Valiant Laboratories IPO	JSW Infrastructure IPO
Manoj Vaibhav Gems 'N' Jewellers IPO	Sai Silks (Kalamandir) IPO
JSW Infrastructure IPO	Yatra Online IPO
Sai Silks (Kalamandir) IPO	Zaggle Prepaid Ocean Services IPO

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