FREE Account Opening + No Clearing Fees
Loading...

Comrade Appliances IPO vs Vasa Denticity IPO

Comparision between Comrade Appliances IPO and Vasa Denticity IPO.

IPO Details

Comrade Appliances IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Vasa Denticity IPO is a SME Book Built Issue proposed to list at NSE SME.

  Comrade Appliances IPO Vasa Denticity IPO
Logo Comrade Appliances IPO Logo Vasa Denticity IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Book Built Issue
Listing At BSE SME NSE SME
Lead Managers Gretex Corporate Services Limited Hem Securities Limited
Registrar Bigshare Services Pvt Ltd Mas Services Limited
Market Maker Gretex Share Broking Private Limited Hem Finlease Private Limited
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 Comrade Appliances IPO is up to ₹12.30 Cr whereas the issue size of the Vasa Denticity IPO is up to ₹54.07 Cr. The final issue price of Comrade Appliances IPO is ₹54.00 per share and of Vasa Denticity IPO is ₹128.00 per share.

  Comrade Appliances IPO Vasa Denticity IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹52.00 per share ₹121.00 per share
Issue Price (Upper) ₹54.00 per share ₹128.00 per share
Issue Price (Final) ₹54.00 per share ₹128.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 2000 shares 1000 shares
Fresh Issue Size 22,78,000 shares 31,74,000 shares
Fresh Issue Size (Amount) up to ₹12.30 Cr up to ₹40.63 Cr
OFS Issue Size 10,50,000 shares
OFS Issue Size (Amount) up to ₹13.44 Cr
Issue Size Total 22,78,000 shares 42,24,000 shares
Issue Size Total (Amount) up to ₹12.30 Cr up to ₹54.07 Cr

IPO Timetable

Comrade Appliances IPO opens on May 31, 2023, while Vasa Denticity IPO opens on May 23, 2023. The closing date of Comrade Appliances IPO and Vasa Denticity IPO is Jun 05, 2023, and May 25, 2023, respectively.

  Comrade Appliances IPO Vasa Denticity IPO
Anchor Bid Date May 30, 2023
Issue Open May 31, 2023 May 23, 2023
Issue Close Jun 05, 2023 May 25, 2023
Basis Of Allotment (Tentative) Jun 08, 2023 May 30, 2023
Initiation of Refunds (Tentative) Jun 09, 2023 May 31, 2023
Credit of Share (Tentative) Jun 12, 2023 Jun 01, 2023
Listing date (Tentative) Jun 13, 2023 Jun 02, 2023
Anchor Lockin End date 1 Jul 08, 2023 Jun 29, 2023
Anchor Lockin End date 2 Sep 06, 2023 Aug 28, 2023

Financials

Comrade Appliances IPO P/E ratio is 17.14, as compared to Vasa Denticity IPO P/E ratio of 30.62.

  Comrade Appliances IPO Vasa Denticity IPO
Financial
Comrade Appliances Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201,678.982,162.2941.80293.40-38.97400.93
31-Mar-213,140.652,603.8520.21241.77-90.601,412.38
31-Mar-222,527.312,973.2838.75502.43-14.871,113.79
31-Mar-232,753.182,699.43163.57689.41164.331,766.48
Amount in ₹ Lakhs
Vasa Denticity Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20481.783,045.139.4427.207.2064.57
31-Mar-21691.054,017.7232.5859.7839.78197.24
31-Mar-221,945.917,714.08540.98600.76580.76326.29
31-Dec-222,695.188,757.11501.901,102.661,082.66266.31
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 100.00% 95.00%
Promoter Shareholding (Post-Issue) 69.74% 69.62%
P/E Ratio 17.14 30.62
Market Cap ₹40.66 Cr. ₹205.01 Cr.
ROE 0.27%% 0.46%%
ROCE 0.16%% 0.54%%
Debt/Equity 1.96 0.24
EPS ₹3.15 ₹4.43
RoNW 23.73%% 90.05%%

Shares Offered

In the Comrade Appliances IPO retail investors (RII) are offered 7,58,000 shares while in Vasa Denticity IPO retail investors are offered 7,58,000 shares. Qualified institutional buyers (QIB) are offered 4,32,000 shares in Comrade Appliances IPO and 8,02,000 shares in Vasa Denticity IPO.

  Comrade Appliances IPO Vasa Denticity IPO
Anchor Investor Reserveration 6,48,000 shares 12,00,000 shares
Market Maker Reserveration 1,14,000 shares 2,16,000 shares
QIB 4,32,000 shares 8,02,000 shares
NII 3,26,000 shares 6,02,000 shares
RII 7,58,000 shares 14,04,000 shares
Employee 0 shares 0 shares
Others
Total 15,16,000 shares 28,08,000 shares

Bids Received (Subscription)

Comrade Appliances IPO subscribed 77.25x in total, whereas Vasa Denticity IPO subscribed 73.14x.

  Comrade Appliances IPO Vasa Denticity IPO
QIB (times) 21.86x 37.26x
NII (times) 162.67x 156.09x
Big NII (times)
Small NII (times)
RII (times) 72.08x 58.07x
Employee (times)
Other (times)
Total (times) 77.25x 73.14x

Comments

Add a public comment...