Valiant Laboratories IPO vs Yatra Online IPO

Comparision between Valiant Laboratories IPO and Yatra Online IPO.

IPO Details

Valiant Laboratories IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Yatra Online IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Valiant Laboratories IPO	Yatra Online IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Unistone Capital Pvt Ltd	SBI Capital Markets Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Iifl Securities Ltd
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
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 Valiant Laboratories IPO is up to ₹152.46 Cr whereas the issue size of the Yatra Online IPO is up to ₹775.00 Cr. The final issue price of Valiant Laboratories IPO is ₹140.00 per share and of Yatra Online IPO is ₹142.00 per share.

	Valiant Laboratories IPO	Yatra Online IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹133.00 per share	₹135.00 per share
Issue Price (Upper)	₹140.00 per share	₹142.00 per share
Issue Price (Final)	₹140.00 per share	₹142.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	105 shares	105 shares
Fresh Issue Size	1,08,90,000 shares	4,23,94,366 shares
Fresh Issue Size (Amount)	up to ₹152.46 Cr	up to ₹602.00 Cr
OFS Issue Size		1,21,83,099 shares
OFS Issue Size (Amount)		up to ₹173.00 Cr
Issue Size Total	1,08,90,000 shares	5,45,77,465 shares
Issue Size Total (Amount)	up to ₹152.46 Cr	up to ₹775.00 Cr

IPO Timetable

Valiant Laboratories IPO opens on Sep 27, 2023, while Yatra Online IPO opens on Sep 15, 2023. The closing date of Valiant Laboratories IPO and Yatra Online IPO is Oct 03, 2023, and Sep 20, 2023, respectively.

	Valiant Laboratories IPO	Yatra Online IPO
Anchor Bid Date	Sep 26, 2023	Sep 14, 2023
Issue Open	Sep 27, 2023	Sep 15, 2023
Issue Close	Oct 03, 2023	Sep 20, 2023
Basis Of Allotment (Tentative)	Oct 05, 2023	Sep 25, 2023
Initiation of Refunds (Tentative)	Oct 06, 2023	Sep 26, 2023
Credit of Share (Tentative)	Oct 06, 2023	Sep 27, 2023
Listing date (Tentative)	Oct 06, 2023	Sep 28, 2023
Anchor Lockin End date 1	Nov 04, 2023	Oct 25, 2023
Anchor Lockin End date 2	Jan 03, 2024	Dec 24, 2023

Financials

Valiant Laboratories IPO P/E ratio is 15.71, as compared to Yatra Online IPO P/E ratio of 205.8.

Valiant Laboratories IPO

Yatra Online IPO

Financial

Valiant Laboratories IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	106.31	181.81	212.76
Revenue	183.78	293.47	338.77
Profit After Tax	30.59	27.50	29.00
Net Worth	88.58	71.46	100.49
Reserves and Surplus
Total Borrowing	0.35	60.68	59.40

Amount in ₹ Crore

Yatra Online IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	562.91	547.78	681.25
Revenue	143.62	218.81	397.47
Profit After Tax	-118.86	-30.79	7.63
Net Worth	123.49	100.93	169.52
Reserves and Surplus
Total Borrowing	13.11	35.86	153.07

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

98.59%

Promoter Shareholding (Post-Issue)

74.94%

64.46

P/E Ratio

15.71

205.8

Market Cap

₹608.30 Cr.

₹2228.21 Cr.

ROE

33.73%%

18.1%%

ROCE

22.76%%

26.0%%

Debt/Equity

0.59

0.9

EPS

₹8.91

₹0.69

RoNW

28.86%%

4.50%%

Shares Offered

In the Valiant Laboratories IPO retail investors (RII) are offered 38,11,500 shares while in Yatra Online IPO retail investors are offered 38,11,500 shares. Qualified institutional buyers (QIB) are offered 21,78,030 shares in Valiant Laboratories IPO and 1,63,73,239 shares in Yatra Online IPO.

	Valiant Laboratories IPO	Yatra Online IPO
Anchor Investor Reserveration	32,66,970 shares	2,45,59,860 shares
Market Maker Reserveration
QIB	21,78,030 shares	1,63,73,239 shares
NII	16,33,500 shares	81,86,619 shares
RII	38,11,500 shares	54,57,746 shares
Employee	0 shares	0 shares
Others
Total	76,23,030 shares	3,00,17,604 shares

Bids Received (Subscription)

Valiant Laboratories IPO subscribed 29.76x in total, whereas Yatra Online IPO subscribed 1.66x.

	Valiant Laboratories IPO	Yatra Online IPO
QIB (times)	20.83x	2.10x
NII (times)	73.64x	0.43x
Big NII (times)	78.64x	0.51x
Small NII (times)	63.64x	0.28x
RII (times)	16.06x	2.19x
Employee (times)
Other (times)
Total (times)	29.76x	1.66x

Compare with others

Valiant Laboratories IPO	Yatra Online IPO
Blue Jet Healthcare IPO	Updater Services IPO
Protean eGov Technologies IPO	Valiant Laboratories IPO
IRM Energy IPO	Manoj Vaibhav Gems 'N' Jewellers IPO
Plaza Wires IPO	JSW Infrastructure IPO
Updater Services IPO	Sai Silks (Kalamandir) IPO
Manoj Vaibhav Gems 'N' Jewellers IPO	Zaggle Prepaid Ocean Services IPO
JSW Infrastructure IPO	R R Kabel IPO
Sai Silks (Kalamandir) IPO	SAMHI Hotels IPO
Yatra Online IPO	EMS IPO
Zaggle Prepaid Ocean Services IPO	Jupiter Life Line Hospitals IPO

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