Comparison between Vinsys IT IPO and Zeal Global Services IPO.
IPO Details
Vinsys IT IPO is a SME Fixed Price IPO proposed to list at NSE SME while Zeal Global Services IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Vinsys IT IPO is up to ₹47.35 Cr whereas the issue size of the Zeal Global Services IPO is up to ₹34.63 Cr. The final issue price of Vinsys IT IPO is ₹128.00 per share and of Zeal Global Services IPO is ₹103.00 per share.
IPO Timetable
Vinsys IT IPO opens on Aug 01, 2023, while Zeal Global Services IPO opens on Jul 28, 2023. The closing date of Vinsys IT IPO and Zeal Global Services IPO is Aug 04, 2023, and Aug 01, 2023, respectively.
| | Vinsys IT IPO | Zeal Global Services IPO |
|---|
| Anchor Bid Date | Jul 31, 2023 | |
| Issue Open | Aug 01, 2023 | Jul 28, 2023 |
| Issue Close | Aug 04, 2023 | Aug 01, 2023 |
| Basis Of Allotment (Tentative) | Aug 09, 2023 | Aug 04, 2023 |
| Initiation of Refunds (Tentative) | Aug 10, 2023 | Aug 07, 2023 |
| Credit of Share (Tentative) | Aug 11, 2023 | Aug 08, 2023 |
| Listing date (Tentative) | Aug 11, 2023 | Aug 09, 2023 |
| Anchor Lockin End date 1 | Sep 08, 2023 | |
| Anchor Lockin End date 2 | Nov 07, 2023 | |
Financials & KPIs
Vinsys IT IPO P/E ratio is 12.51, as compared to Zeal Global Services IPO P/E ratio of 13.83.
Shares Offered
In the Vinsys IT IPO Retail Individual Investors (RII) are offered 12,95,000 shares while in Zeal Global Services IPO retail investors are offered 12,95,000 shares. Qualified Institutional Buyers (QIB) are offered 7,40,000 shares in Vinsys IT IPO and in Zeal Global Services IPO.
| | Vinsys IT IPO | Zeal Global Services IPO |
|---|
| Anchor Investor Reservation | 11,08,000 shares | |
| Market Maker Reservation | 1,95,000 shares | 1,77,600 shares |
| QIB | 7,40,000 shares | |
| NII | 5,56,000 shares | 16,80,000 shares |
| RII | 12,95,000 shares | 16,82,400 shares |
| Total | 36,99,000 shares | 33,62,400 shares |
Bids Received (Subscription)
Vinsys IT IPO subscribed 62.34x in total, whereas Zeal Global Services IPO subscribed 4.05x.
