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Sheetal Universal IPO vs Vrundavan Plantation IPO

Comparison between Sheetal Universal IPO and Vrundavan Plantation IPO.

IPO Details

Sheetal Universal IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vrundavan Plantation IPO is a SME Fixed Price proposed to list at BSE SME.

 Sheetal Universal IPOVrundavan Plantation IPO
LogoSheetal Universal IPO LogoVrundavan Plantation IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerSpread X Securities Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sheetal Universal IPO is up to ₹22.60 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹14.52 Cr. The final issue price of Sheetal Universal IPO is ₹70.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.

 Sheetal Universal IPOVrundavan Plantation IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹70.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1200 shares
Fresh Issue Size32,28,000 shares13,44,000 shares
Fresh Issue Size (Amount)up to ₹22.60 Crup to ₹14.52 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,28,000 shares13,44,000 shares
Issue Size Total (Amount)up to ₹22.60 Crup to ₹14.52 Cr

IPO Timetable

Sheetal Universal IPO opens on Dec 04, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of Sheetal Universal IPO and Vrundavan Plantation IPO is Dec 06, 2023, and Nov 01, 2023, respectively.

 Sheetal Universal IPOVrundavan Plantation IPO
Issue OpenDec 04, 2023Oct 30, 2023
Issue CloseDec 06, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Dec 07, 2023Nov 05, 2023
Initiation of Refunds (Tentative)Dec 08, 2023Nov 06, 2023
Credit of Share (Tentative)Dec 08, 2023Nov 06, 2023
Listing date (Tentative)Dec 11, 2023Nov 06, 2023

Financials & KPIs

Sheetal Universal IPO P/E ratio is 27.34, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.

 Sheetal Universal IPOVrundavan Plantation IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets43.7028.0416.0312.72
Total Income58.27131.6639.8438.84
Profit After Tax1.881.990.280.25
NET Worth10.476.494.504.22
Reserves and Surplus2.412.991.000.72
Total Borrowing14.6313.569.856.25
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 May 2023
Assets23.22
Total Income1.81
Profit After Tax0.17
NET Worth4.14
Reserves and Surplus0.22
Total Borrowing0.17
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95%85.29%
Promoter Shareholding (Post-Issue)66.81%62.65%
P/E Ratio27.3434.62
Market Cap₹80.19 Cr.₹57.59 Cr.
ROE36.178.35
ROCE21.596.71
Debt/Equity2.090.47
EPS₹2.56₹0.52
RoNW30.634.19

Shares Offered

In the Sheetal Universal IPO Retail Individual Investors (RII) are offered 16,14,000 shares while in Vrundavan Plantation IPO retail investors are offered 16,14,000 shares. Qualified Institutional Buyers (QIB) are offered in Sheetal Universal IPO and in Vrundavan Plantation IPO.

 Sheetal Universal IPOVrundavan Plantation IPO
Market Maker Reservation1,72,000 shares72,000 shares
NII16,14,000 shares6,72,000 shares
RII16,14,000 shares6,72,000 shares
Total32,28,000 shares13,44,000 shares

Bids Received (Subscription)

Sheetal Universal IPO subscribed 171.14x in total, whereas Vrundavan Plantation IPO subscribed 18.56x.

 Sheetal Universal IPOVrundavan Plantation IPO
NII (times)212.55x11.60x
RII (times)129.73x25.51x
Total (times)171.14x18.56x

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Sheetal Universal IPOVrundavan Plantation IPO
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Compare:

Sheetal Universal IPO Vs Vrundavan Plantation IPO