Comparison between Plada Infotech IPO and Vishnusurya Projects IPO.
IPO Details
Plada Infotech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vishnusurya Projects IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Plada Infotech IPO is up to ₹11.74 Cr whereas the issue size of the Vishnusurya Projects IPO is up to ₹47.46 Cr. The final issue price of Plada Infotech IPO is ₹48.00 per share and of Vishnusurya Projects IPO is ₹68.00 per share.
IPO Timetable
Plada Infotech IPO opens on Sep 29, 2023, while Vishnusurya Projects IPO opens on Sep 29, 2023. The closing date of Plada Infotech IPO and Vishnusurya Projects IPO is Oct 05, 2023, and Oct 05, 2023, respectively.
| | Plada Infotech IPO | Vishnusurya Projects IPO |
|---|
| Issue Open | Sep 29, 2023 | Sep 29, 2023 |
| Issue Close | Oct 05, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Oct 09, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Oct 10, 2023 | Oct 10, 2023 |
| Credit of Share (Tentative) | Oct 11, 2023 | Oct 10, 2023 |
| Listing date (Tentative) | Oct 13, 2023 | Oct 10, 2023 |
Financials & KPIs
Plada Infotech IPO P/E ratio is 12.31, as compared to Vishnusurya Projects IPO P/E ratio of 2.69.
Shares Offered
In the Plada Infotech IPO Retail Individual Investors (RII) are offered 12,22,500 shares while in Vishnusurya Projects IPO retail investors are offered 12,22,500 shares. Qualified Institutional Buyers (QIB) are offered in Plada Infotech IPO and in Vishnusurya Projects IPO.
| | Plada Infotech IPO | Vishnusurya Projects IPO |
|---|
| Market Maker Reservation | 1,29,000 shares | 3,70,000 shares |
| NII | 12,22,500 shares | 34,90,000 shares |
| RII | 12,22,500 shares | 34,90,000 shares |
| Total | 24,45,000 shares | 69,80,000 shares |
Bids Received (Subscription)
Plada Infotech IPO subscribed 56.79x in total, whereas Vishnusurya Projects IPO subscribed 39.97x.
