Aspire & Innovative IPO vs Vishwas Agri Seeds IPO

Comparision between Aspire & Innovative IPO and Vishwas Agri Seeds IPO.

IPO Details

Aspire & Innovative IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vishwas Agri Seeds IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Aspire & Innovative IPO	Vishwas Agri Seeds IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Isk Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	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 Aspire & Innovative IPO is up to ₹21.97 Cr whereas the issue size of the Vishwas Agri Seeds IPO is up to ₹25.80 Cr. The final issue price of Aspire & Innovative IPO is ₹54.00 per share and of Vishwas Agri Seeds IPO is ₹86.00 per share.

	Aspire & Innovative IPO	Vishwas Agri Seeds IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share
Issue Price (Upper)	₹54.00 per share
Issue Price (Final)	₹54.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	40,68,000 shares	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹21.97 Cr	up to ₹25.80 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	40,68,000 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹21.97 Cr	up to ₹25.80 Cr

IPO Timetable

Aspire & Innovative IPO opens on Mar 26, 2024, while Vishwas Agri Seeds IPO opens on Mar 21, 2024. The closing date of Aspire & Innovative IPO and Vishwas Agri Seeds IPO is Mar 28, 2024, and Mar 26, 2024, respectively.

	Aspire & Innovative IPO	Vishwas Agri Seeds IPO
Anchor Bid Date	Mar 22, 2024
Issue Open	Mar 26, 2024	Mar 21, 2024
Issue Close	Mar 28, 2024	Mar 26, 2024
Basis Of Allotment (Tentative)	Apr 01, 2024	Mar 27, 2024
Initiation of Refunds (Tentative)	Apr 02, 2024	Mar 28, 2024
Credit of Share (Tentative)	Apr 02, 2024	Mar 28, 2024
Listing date (Tentative)	Apr 03, 2024	Apr 01, 2024
Anchor Lockin End date 1	May 01, 2024
Anchor Lockin End date 2	Jun 30, 2024

Financials

Aspire & Innovative IPO P/E ratio is 11.3, as compared to Vishwas Agri Seeds IPO P/E ratio of 5.06.

Aspire & Innovative IPO

Vishwas Agri Seeds IPO

Financial

Aspire & Innovative Advertising Limited Financial Information (Restated Standalone)

Aspire & Innovative Advertising Limited's revenue increased by 35.46% and profit after tax (PAT) rose by 21.38% 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	8,135.72	6,256.99	5,328.01	3,492.07
Revenue	17,710.29	34,620.10	25,558.30	10,833.44
Profit After Tax	393.28	530.85	437.36	227.75
Net Worth	1,944.53	1,551.25	1,020.39	520.98
Reserves and Surplus	833.53	1,440.15	909.29	519.98
Total Borrowing	1,160.89	881.53	111.02	55.91
Amount in ₹ Lakhs

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

Promoter Shareholding (Pre-Issue)

98.84%

100.00%

Promoter Shareholding (Post-Issue)

72.35%

70.00%

P/E Ratio

11.3

5.06

Market Cap

₹81.96 Cr.

₹86.00 Cr.

ROE

22.50%%

27.20%%

ROCE

18.59%%

14.60%%

Debt/Equity

0.6

EPS

₹4.78

₹16.98

RoNW

20.22%%

23.94%%

Shares Offered

In the Aspire & Innovative IPO retail investors (RII) are offered 13,54,000 shares while in Vishwas Agri Seeds IPO retail investors are offered 13,54,000 shares. Qualified institutional buyers (QIB) are offered 7,74,000 shares in Aspire & Innovative IPO and 0 shares in Vishwas Agri Seeds IPO.

	Aspire & Innovative IPO	Vishwas Agri Seeds IPO
Anchor Investor Reserveration	11,56,000 shares
Market Maker Reserveration	2,04,000 shares	1,52,000 shares
QIB	7,74,000 shares	0 shares
NII	5,80,000 shares	14,24,000 shares
RII	13,54,000 shares	14,24,000 shares
Employee	0 shares	0 shares
Others
Total	27,08,000 shares	28,48,000 shares

Bids Received (Subscription)

Aspire & Innovative IPO subscribed 15.17x in total, whereas Vishwas Agri Seeds IPO subscribed 12.21x.

	Aspire & Innovative IPO	Vishwas Agri Seeds IPO
QIB (times)	5.21x
NII (times)	25.60x	12.80x
Big NII (times)
Small NII (times)
RII (times)	16.39x	11.57x
Employee (times)
Other (times)
Total (times)	15.17x	12.21x

Compare with others

Aspire & Innovative IPO	Vishwas Agri Seeds IPO
Jay Kailash Namkeen IPO	Aspire & Innovative IPO
Yash Optics & Lens IPO	Blue Pebble IPO
GConnect Logitech IPO	Vruddhi Engineering Works IPO
TAC Infosec IPO	Naman In-Store (India) IPO
Radiowalla IPO	Omfurn India FPO
Blue Pebble IPO	Chatha Foods IPO
Vruddhi Engineering Works IPO	Enser Communications IPO
Naman In-Store (India) IPO	Enfuse Solutions IPO
Omfurn India FPO	KP Green Engineering IPO
Vishwas Agri Seeds IPO	Royal Sense IPO

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