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Swastik Pipe IPO vs Vital Chemtech IPO

Comparision between Swastik Pipe IPO and Vital Chemtech IPO.

IPO Details

Swastik Pipe IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Vital Chemtech IPO is a SME Book Built Issue proposed to list at NSE SME.

  Swastik Pipe IPO Vital Chemtech IPO
Logo Swastik Pipe IPO Logo Vital Chemtech IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Book Built Issue
Listing At NSE SME NSE SME
Lead Managers Corporate Capitalventures Pvt Ltd Beeline Capital Advisors Pvt Ltd
Registrar Skyline Financial Services Private Ltd Skyline Financial Services Private Ltd
Market Maker Sunflower Broking Private Limited
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Swastik Pipe IPO is up to ₹62.52 Cr whereas the issue size of the Vital Chemtech IPO is up to ₹64.64 Cr. The final issue price of Swastik Pipe IPO is ₹100.00 per share and of Vital Chemtech IPO is ₹101.00 per share.

  Swastik Pipe IPO Vital Chemtech IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹97.00 per share ₹95.00 per share
Issue Price (Upper) ₹100.00 per share ₹101.00 per share
Issue Price (Final) ₹100.00 per share ₹101.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1200 shares 1200 shares
Fresh Issue Size 62,52,000 shares 64,00,000 shares
Fresh Issue Size (Amount) up to ₹62.52 Cr up to ₹64.64 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 62,52,000 shares 64,00,000 shares
Issue Size Total (Amount) up to ₹62.52 Cr up to ₹64.64 Cr

IPO Timetable

Swastik Pipe IPO opens on Sep 29, 2022, while Vital Chemtech IPO opens on Oct 31, 2022. The closing date of Swastik Pipe IPO and Vital Chemtech IPO is Oct 03, 2022, and Nov 03, 2022, respectively.

  Swastik Pipe IPO Vital Chemtech IPO
Anchor Bid Date
Issue Open Sep 29, 2022 Oct 31, 2022
Issue Close Oct 03, 2022 Nov 03, 2022
Basis Of Allotment (Tentative) Oct 07, 2022 Nov 09, 2022
Initiation of Refunds (Tentative) Oct 10, 2022 Nov 10, 2022
Credit of Share (Tentative) Oct 11, 2022 Nov 11, 2022
Listing date (Tentative) Oct 12, 2022 Nov 14, 2022
Anchor Lockin End date 1 Nov 06, 2022 Dec 09, 2022
Anchor Lockin End date 2 Jan 05, 2023 Feb 07, 2023

Financials

Swastik Pipe IPO P/E ratio is 11.38, as compared to Vital Chemtech IPO P/E ratio of 14.94.

  Swastik Pipe IPO Vital Chemtech IPO
Financial
Swastik Pipe Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-1935607.6572756.38467.979370.138450.03
31-Mar-2033650.7665807.21-1389.257980.917060.78
31-Mar-2133625.8852383.88148.648129.517209.42
31-Mar-2234127.2161219.772041.1114169.4212471.47
Amount in ₹ Lakhs
Vital Chemtech Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202318.614161.24105.38303.750953.91
31-Mar-213041.344768.46293.78597.5201005.86
24-Nov-216408.98604.27784.5672.0601636.22
31-Mar-228093.715786.96670.941337.32670.943500.09
30-Apr-228991.921080.07135.181472.5806.123418.84
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 88.27% 99.99%
Promoter Shareholding (Post-Issue) 64.51%
P/E Ratio 11.38 14.94
Market Cap ₹232.32 Cr. ₹241.91 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Swastik Pipe IPO retail investors (RII) are offered 29,68,800 shares while in Vital Chemtech IPO retail investors are offered 29,68,800 shares. Qualified institutional buyers (QIB) are offered in Swastik Pipe IPO and 30,37,600 shares in Vital Chemtech IPO.

  Swastik Pipe IPO Vital Chemtech IPO
Anchor Investor Reserveration 18,18,000 shares
Market Maker Reserveration 3,14,400 shares 3,20,400 shares
QIB 30,37,600 shares
NII 29,68,800 shares 9,12,000 shares
RII 29,68,800 shares 21,30,000 shares
Employee
Others
Total 59,37,600 shares 60,79,600 shares

Bids Received (Subscription)

Swastik Pipe IPO subscribed 1.35x in total, whereas Vital Chemtech IPO subscribed 79.33x.

  Swastik Pipe IPO Vital Chemtech IPO
QIB (times) 15.48x
NII (times) 1.37x 204.05x
Big NII (times)
Small NII (times)
RII (times) 1.33x 116.98x
Employee (times)
Other (times)
Total (times) 1.35x 79.33x

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