Enfuse Solutions IPO vs Vishwas Agri Seeds IPO

Comparision between Enfuse Solutions IPO and Vishwas Agri Seeds IPO.

IPO Details

Enfuse Solutions 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.

	Enfuse Solutions 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 Enfuse Solutions IPO is up to ₹22.44 Cr whereas the issue size of the Vishwas Agri Seeds IPO is up to ₹25.80 Cr. The final issue price of Enfuse Solutions IPO is ₹96.00 per share and of Vishwas Agri Seeds IPO is ₹86.00 per share.

	Enfuse Solutions IPO	Vishwas Agri Seeds IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹91.00 per share
Issue Price (Upper)	₹96.00 per share
Issue Price (Final)	₹96.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	23,37,600 shares	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹22.44 Cr	up to ₹25.80 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	23,37,600 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹22.44 Cr	up to ₹25.80 Cr

IPO Timetable

Enfuse Solutions IPO opens on Mar 15, 2024, while Vishwas Agri Seeds IPO opens on Mar 21, 2024. The closing date of Enfuse Solutions IPO and Vishwas Agri Seeds IPO is Mar 19, 2024, and Mar 26, 2024, respectively.

	Enfuse Solutions IPO	Vishwas Agri Seeds IPO
Anchor Bid Date	Mar 14, 2024
Issue Open	Mar 15, 2024	Mar 21, 2024
Issue Close	Mar 19, 2024	Mar 26, 2024
Basis Of Allotment (Tentative)	Mar 20, 2024	Mar 27, 2024
Initiation of Refunds (Tentative)	Mar 21, 2024	Mar 28, 2024
Credit of Share (Tentative)	Mar 21, 2024	Mar 28, 2024
Listing date (Tentative)	Mar 22, 2024	Apr 01, 2024
Anchor Lockin End date 1	Apr 19, 2024
Anchor Lockin End date 2	Jun 18, 2024

Financials

Enfuse Solutions IPO P/E ratio is 21.35, as compared to Vishwas Agri Seeds IPO P/E ratio of 5.06.

Enfuse Solutions IPO

Vishwas Agri Seeds IPO

Financial

Enfuse Solutions Limited Financial Information (Restated)

Enfuse Solutions Limited's revenue increased by 2.1% and profit after tax (PAT) rose by 47.76% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,547.23	1,164.71	889.80	460.80
Revenue	2,805.28	2,610.42	2,556.64	1,720.26
Profit After Tax	322.50	292.73	198.11	155.43
Net Worth	969.95	646.45	353.72	155.60
Reserves and Surplus	318.95
Total Borrowing	905.75	242.09	234.08
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)

73.58%

70.00%

P/E Ratio

21.35

5.06

Market Cap

₹84.94 Cr.

₹86.00 Cr.

ROE

39.88%%

27.20%%

ROCE

24.05%%

14.60%%

Debt/Equity

EPS

₹4.50

₹16.98

RoNW

33.25%%

23.94%%

Shares Offered

In the Enfuse Solutions IPO retail investors (RII) are offered 7,76,400 shares while in Vishwas Agri Seeds IPO retail investors are offered 7,76,400 shares. Qualified institutional buyers (QIB) are offered 4,44,000 shares in Enfuse Solutions IPO and 0 shares in Vishwas Agri Seeds IPO.

	Enfuse Solutions IPO	Vishwas Agri Seeds IPO
Anchor Investor Reserveration	6,63,600 shares
Market Maker Reserveration	1,20,000 shares	1,52,000 shares
QIB	4,44,000 shares	0 shares
NII	3,33,600 shares	14,24,000 shares
RII	7,76,400 shares	14,24,000 shares
Employee	0 shares	0 shares
Others
Total	15,54,000 shares	28,48,000 shares

Bids Received (Subscription)

Enfuse Solutions IPO subscribed 357.31x in total, whereas Vishwas Agri Seeds IPO subscribed 12.21x.

	Enfuse Solutions IPO	Vishwas Agri Seeds IPO
QIB (times)	99.97x
NII (times)	953.22x	12.80x
Big NII (times)
Small NII (times)
RII (times)	248.42x	11.57x
Employee (times)
Other (times)
Total (times)	357.31x	12.21x

Compare with others

Enfuse Solutions IPO	Vishwas Agri Seeds IPO
Naman In-Store (India) IPO	Aspire & Innovative IPO
Omfurn India FPO	Blue Pebble IPO
Vishwas Agri Seeds IPO	Vruddhi Engineering Works IPO
Chatha Foods IPO	Naman In-Store (India) IPO
Enser Communications IPO	Omfurn India FPO
KP Green Engineering IPO	Chatha Foods IPO
Royal Sense IPO	Enser Communications IPO
AVP Infracon IPO	Enfuse Solutions IPO
Signoria Creation IPO	KP Green Engineering IPO
Pratham EPC Projects IPO	Royal Sense IPO

Comments

Add a public comment...