Baba Food Processing IPO vs Vrundavan Plantation IPO

Comparision between Baba Food Processing IPO and Vrundavan Plantation IPO.

IPO Details

Baba Food Processing IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vrundavan Plantation IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Baba Food Processing IPO	Vrundavan Plantation IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Horizon Management Private Limited	Interactive Financial Services Ltd
Registrar	Mas Services Limited	Kfin Technologies Limited
Market Maker	Nikunj Stock Brokers Limited	Nikunj Stock Brokers 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 Baba Food Processing IPO is up to ₹33.00 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹15.29 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.

	Baba Food Processing IPO	Vrundavan Plantation IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹72.00 per share
Issue Price (Upper)	₹76.00 per share
Issue Price (Final)	₹76.00 per share	₹108.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	43,42,105 shares	14,16,000 shares
Fresh Issue Size (Amount)	up to ₹33.00 Cr	up to ₹15.29 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	43,42,105 shares	14,16,000 shares
Issue Size Total (Amount)	up to ₹33.00 Cr	up to ₹15.29 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of Baba Food Processing IPO and Vrundavan Plantation IPO is Nov 07, 2023, and Nov 01, 2023, respectively.

	Baba Food Processing IPO	Vrundavan Plantation IPO
Anchor Bid Date		Oct 30, 2023
Issue Open	Nov 03, 2023	Oct 30, 2023
Issue Close	Nov 07, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Nov 10, 2023	Nov 05, 2023
Initiation of Refunds (Tentative)	Nov 13, 2023	Nov 06, 2023
Credit of Share (Tentative)	Nov 15, 2023	Nov 06, 2023
Listing date (Tentative)	Nov 15, 2023	Nov 06, 2023
Anchor Lockin End date 1	Dec 10, 2023	Dec 05, 2023
Anchor Lockin End date 2	Feb 08, 2024	Feb 03, 2024

Financials

Baba Food Processing IPO P/E ratio is , as compared to Vrundavan Plantation IPO P/E ratio of 34.62.

Baba Food Processing IPO

Vrundavan Plantation IPO

Financial

Baba Food Processing India Limited Financial Information (Restated Consolidated)

Baba Food Processing India Limited's revenue increased by 94.38% and profit after tax (PAT) rose by 150.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,980.33	6,811.54	5,467.80	4,583.95
Revenue	4,138.75	18,964.17	9,756.30	10,769.55
Profit After Tax	192.29	503.44	201.26	198.14
Net Worth	2,692.36	2,499.97	1,996.53	1,648.95
Reserves and Surplus	1,492.26	2,019.97	1,516.53	1,168.95
Total Borrowing	3,250.94	3,266.54	2,766.60	2,325.45
Amount in ₹ Lakhs

Vrundavan Plantation Limited Financial Information (Restated)

Period Ended	31 May 2023
Assets	2,321.67
Revenue	180.68
Profit After Tax	17.33
Net Worth	413.82
Reserves and Surplus	22.15
Total Borrowing	17.47
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

85.29%

Promoter Shareholding (Post-Issue)

62.65%

P/E Ratio

34.62

Market Cap

₹124.20 Cr.

₹57.59 Cr.

ROE

20.14%%

8.35%%

ROCE

15.81%%

6.71%%

Debt/Equity

0.47

EPS

₹4.20

₹0.52

RoNW

20.14%%

4.19%%

Shares Offered

In the Baba Food Processing IPO retail investors (RII) are offered 28,35,200 shares while in Vrundavan Plantation IPO retail investors are offered 28,35,200 shares. Qualified institutional buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and 0 shares in Vrundavan Plantation IPO.

	Baba Food Processing IPO	Vrundavan Plantation IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,17,600 shares	72,000 shares
QIB	80,000 shares	0 shares
NII	11,93,600 shares	6,72,000 shares
RII	28,35,200 shares	6,72,000 shares
Employee	0 shares	0 shares
Others
Total	41,08,800 shares	13,44,000 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas Vrundavan Plantation IPO subscribed 18.57x.

	Baba Food Processing IPO	Vrundavan Plantation IPO
QIB (times)	147.02x
NII (times)	84.73x	11.60x
Big NII (times)
Small NII (times)
RII (times)	60.82x	25.51x
Employee (times)
Other (times)
Total (times)	69.44x	18.57x

Compare with others

Baba Food Processing IPO	Vrundavan Plantation IPO
Arrowhead Seperation Engineering IPO	Sunrest Lifescience IPO
Kalyani Cast Tech IPO	Sheetal Universal IPO
ROX Hi-Tech IPO	Baba Food Processing IPO
Sunrest Lifescience IPO	Micropro Software Solutions IPO
Sheetal Universal IPO	SAR Televenture IPO
Micropro Software Solutions IPO	Mish Designs IPO
SAR Televenture IPO	KK Shah Hospitals IPO
Vrundavan Plantation IPO	Transteel Seating Technologies IPO
Mish Designs IPO	Benchmark Computer Solutions IPO
KK Shah Hospitals IPO	Maitreya Medicare Limited IPO

Comments

Add a public comment...