Vishwas Agri Seeds IPO vs Vruddhi Engineering Works IPO

Comparision between Vishwas Agri Seeds IPO and Vruddhi Engineering Works IPO.

IPO Details

Vishwas Agri Seeds IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Vruddhi Engineering Works IPO is a SME Book Built Issue proposed to list at BSE SME.

	Vishwas Agri Seeds IPO	Vruddhi Engineering Works IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Isk Advisors Pvt Ltd	Fedex Securities Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Sunflower Broking Private Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Vishwas Agri Seeds IPO is up to ₹25.80 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.76 Cr. The final issue price of Vishwas Agri Seeds IPO is ₹86.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.

	Vishwas Agri Seeds IPO	Vruddhi Engineering Works IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹66.00 per share
Issue Price (Upper)		₹70.00 per share
Issue Price (Final)	₹86.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	30,00,000 shares	6,80,000 shares
Fresh Issue Size (Amount)	up to ₹25.80 Cr	up to ₹4.76 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	30,00,000 shares	6,80,000 shares
Issue Size Total (Amount)	up to ₹25.80 Cr	up to ₹4.76 Cr

IPO Timetable

Vishwas Agri Seeds IPO opens on Mar 21, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of Vishwas Agri Seeds IPO and Vruddhi Engineering Works IPO is Mar 26, 2024, and Mar 28, 2024, respectively.

	Vishwas Agri Seeds IPO	Vruddhi Engineering Works IPO
Anchor Bid Date
Issue Open	Mar 21, 2024	Mar 26, 2024
Issue Close	Mar 26, 2024	Mar 28, 2024
Basis Of Allotment (Tentative)	Mar 27, 2024	Apr 01, 2024
Initiation of Refunds (Tentative)	Mar 28, 2024	Apr 02, 2024
Credit of Share (Tentative)	Mar 28, 2024	Apr 02, 2024
Listing date (Tentative)	Apr 01, 2024	Apr 03, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Vishwas Agri Seeds IPO P/E ratio is 5.06, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.

Vishwas Agri Seeds IPO

Vruddhi Engineering Works IPO

Financial

Vishwas Agri Seeds Limited Financial Information (Restated Standalone)

Vishwas Agri Seeds Limited's revenue increased by 0.72% and profit after tax (PAT) rose by 115.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,071.95	5,351.89	3,362.93	2,095.59
Revenue	4,247.49	6,532.18	6,485.80	5,382.66
Profit After Tax	451.01	534.14	247.94	116.30
Net Worth	1,883.90	1,432.89	478.75	200.81
Reserves and Surplus	1,183.90	732.89	398.75	150.81
Total Borrowing	2,862.87	1,877.88	1,697.17	1,275.08
Amount in ₹ Lakhs

Vruddhi Engineering Works Limited Financial Information (Restated)

Vruddhi Engineering Works Limited's revenue increased by 493.53% and profit after tax (PAT) rose by 697.99% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	808.58	782.33	100.14	3.02
Revenue	935.36	1,309.62	220.65	0.44
Profit After Tax	41.01	75.33	9.44	-0.88
Net Worth	253.13	212.12	9.56	0.12
Reserves and Surplus	68.77	118.55	8.56	-0.88
Total Borrowing	301.91	323.37	47.49	2.22
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

96.34%

Promoter Shareholding (Post-Issue)

70.00%

P/E Ratio

5.06

17.13

Market Cap

₹86.00 Cr.

₹17.67 Cr.

ROE

27.20%%

16.20%%

ROCE

14.60%%

15.53%%

Debt/Equity

1.19

EPS

₹16.98

₹4.09

RoNW

23.94%%

16.20%%

Shares Offered

In the Vishwas Agri Seeds IPO retail investors (RII) are offered 14,24,000 shares while in Vruddhi Engineering Works IPO retail investors are offered 14,24,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Vishwas Agri Seeds IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.

	Vishwas Agri Seeds IPO	Vruddhi Engineering Works IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,52,000 shares	36,000 shares
QIB	0 shares	3,20,000 shares
NII	14,24,000 shares	98,000 shares
RII	14,24,000 shares	2,26,000 shares
Employee	0 shares	0 shares
Others
Total	28,48,000 shares

Bids Received (Subscription)

Vishwas Agri Seeds IPO subscribed 12.21x in total, whereas Vruddhi Engineering Works IPO subscribed 12.67x.

	Vishwas Agri Seeds IPO	Vruddhi Engineering Works IPO
QIB (times)		1.05x
NII (times)	12.80x	28.14x
Big NII (times)
Small NII (times)
RII (times)	11.57x	20.10x
Employee (times)
Other (times)
Total (times)	12.21x	12.67x

Compare with others

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