Blue Pebble IPO vs Vishwas Agri Seeds IPO

Comparision between Blue Pebble IPO and Vishwas Agri Seeds IPO.

IPO Details

Blue Pebble 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.

	Blue Pebble 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 Blue Pebble IPO is up to ₹18.14 Cr whereas the issue size of the Vishwas Agri Seeds IPO is up to ₹25.80 Cr. The final issue price of Blue Pebble IPO is ₹168.00 per share and of Vishwas Agri Seeds IPO is ₹86.00 per share.

	Blue Pebble IPO	Vishwas Agri Seeds IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹159.00 per share
Issue Price (Upper)	₹168.00 per share
Issue Price (Final)	₹168.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1600 shares
Fresh Issue Size	10,80,000 shares	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹18.14 Cr	up to ₹25.80 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	10,80,000 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹18.14 Cr	up to ₹25.80 Cr

IPO Timetable

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

	Blue Pebble 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

Blue Pebble IPO P/E ratio is 25.16, as compared to Vishwas Agri Seeds IPO P/E ratio of 5.06.

Blue Pebble IPO

Vishwas Agri Seeds IPO

Financial

Blue Pebble Limited Financial Information (Restated)

Blue Pebble Limited's revenue increased by 190.98% and profit after tax (PAT) rose by 426.49% 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	934.35	876.36	342.62	299.88
Revenue	1,322.68	1,594.96	548.14	421.04
Profit After Tax	291.78	200.33	38.05	20.06
Net Worth	606.17	314.39	114.06	76.01
Reserves and Surplus	306.17	313.39	113.06	75.01
Total Borrowing		27.28	37.20	37.20
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)

100.00%

Promoter Shareholding (Post-Issue)

73.52%

70.00%

P/E Ratio

25.16

5.06

Market Cap

₹68.54 Cr.

₹86.00 Cr.

ROE

63.39%%

27.20%%

ROCE

64.12%%

14.60%%

Debt/Equity

EPS

₹6.68

₹16.98

RoNW

48.14%%

23.94%%

Shares Offered

In the Blue Pebble IPO retail investors (RII) are offered 3,59,200 shares while in Vishwas Agri Seeds IPO retail investors are offered 3,59,200 shares. Qualified institutional buyers (QIB) are offered 2,04,800 shares in Blue Pebble IPO and 0 shares in Vishwas Agri Seeds IPO.

	Blue Pebble IPO	Vishwas Agri Seeds IPO
Anchor Investor Reserveration	3,05,600 shares
Market Maker Reserveration	56,000 shares	1,52,000 shares
QIB	2,04,800 shares	0 shares
NII	1,54,400 shares	14,24,000 shares
RII	3,59,200 shares	14,24,000 shares
Employee	0 shares	0 shares
Others
Total	7,18,400 shares	28,48,000 shares

Bids Received (Subscription)

Blue Pebble IPO subscribed 56.32x in total, whereas Vishwas Agri Seeds IPO subscribed 12.21x.

	Blue Pebble IPO	Vishwas Agri Seeds IPO
QIB (times)	21.77x
NII (times)	97.31x	12.80x
Big NII (times)
Small NII (times)
RII (times)	58.40x	11.57x
Employee (times)
Other (times)
Total (times)	56.32x	12.21x

Compare with others

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

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