Excellent Wires and Packaging IPO vs Vdeal System IPO

Comparision between Excellent Wires and Packaging IPO and Vdeal System IPO.

IPO Details

Excellent Wires and Packaging IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vdeal System IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Excellent Wires and Packaging IPO	Vdeal System IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Affinity Global Capital Market Private Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Inventure Growth & Securities Limited	Black Fox Financial Private 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 Excellent Wires and Packaging IPO is up to ₹12.60 Cr whereas the issue size of the Vdeal System IPO is up to ₹18.08 Cr. The final issue price of Excellent Wires and Packaging IPO is ₹90.00 per share and of Vdeal System IPO is ₹112.00 per share.

	Excellent Wires and Packaging IPO	Vdeal System IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹90.00 per share	₹112.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	14,00,000 shares	16,14,000 shares
Fresh Issue Size (Amount)	up to ₹12.60 Cr	up to ₹18.08 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,00,000 shares	16,14,000 shares
Issue Size Total (Amount)	up to ₹12.60 Cr	up to ₹18.08 Cr

IPO Timetable

Excellent Wires and Packaging IPO opens on Sep 11, 2024, while Vdeal System IPO opens on Aug 27, 2024. The closing date of Excellent Wires and Packaging IPO and Vdeal System IPO is Sep 13, 2024, and Aug 29, 2024, respectively.

	Excellent Wires and Packaging IPO	Vdeal System IPO
Anchor Bid Date
Issue Open	Sep 11, 2024	Aug 27, 2024
Issue Close	Sep 13, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Sep 16, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Sep 17, 2024	Sep 02, 2024
Credit of Share (Tentative)	Sep 17, 2024	Sep 02, 2024
Listing date (Tentative)	Sep 19, 2024	Sep 03, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Excellent Wires and Packaging IPO P/E ratio is 33.3, as compared to Vdeal System IPO P/E ratio of 11.79.

Excellent Wires and Packaging IPO

Vdeal System IPO

Financial

Excellent Wires and Packaging Limited Financial Information (Restated Consolidated)

Excellent Wires and Packaging Limited's revenue increased by 6% and profit after tax (PAT) rose by 696% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	705.08	324.69	242.63
Revenue	1,540.82	1,448.46	728.85
Profit After Tax	82.98	10.43	4.73
Net Worth	397.09	17.11	6.68
Reserves and Surplus	362.09	15.11	4.68
Amount in ₹ Lakhs

Vdeal System Limited Financial Information (Restated)

Vdeal System Limited's revenue increased by 26% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,727.93	1,544.44	1,142.33
Revenue	2,625.08	2,075.41	1,623.96
Profit After Tax	311.38	110.09	23.1
Net Worth	628.75	341.83	231.73
Reserves and Surplus	301.1	312.04	201.95
Total Borrowing	937.67	621.02	639.51
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

91.90%

99.97%

Promoter Shareholding (Post-Issue)

63.12%

66.96%

P/E Ratio

33.3

11.79

Market Cap

₹40.23 Cr.

₹54.77 Cr.

ROE

49.52%%

ROCE

32.83%%

Debt/Equity

1.49

EPS

₹2.70

₹9.50

RoNW

20.90%%

49.52%%

Shares Offered

In the Excellent Wires and Packaging IPO retail investors (RII) are offered 6,64,000 shares while in Vdeal System IPO retail investors are offered 6,64,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Excellent Wires and Packaging IPO and 0 shares in Vdeal System IPO.

	Excellent Wires and Packaging IPO	Vdeal System IPO
Anchor Investor Reserveration
Market Maker Reserveration	72,000 shares	81,600 shares
QIB	0 shares	0 shares
NII	6,64,000 shares	7,66,200 shares
RII	6,64,000 shares	7,66,200 shares
Employee	0 shares	0 shares
Others
Total	13,28,000 shares	15,32,400 shares

Bids Received (Subscription)

Excellent Wires and Packaging IPO subscribed 20.37x in total, whereas Vdeal System IPO subscribed 71.38x.

	Excellent Wires and Packaging IPO	Vdeal System IPO
QIB (times)
NII (times)	8.75x	61.46x
Big NII (times)
Small NII (times)
RII (times)	32.00x	76.70x
Employee (times)
Other (times)
Total (times)	20.37x	71.38x

Compare with others

Excellent Wires and Packaging IPO	Vdeal System IPO
Vision Infra Equipment Solutions IPO	Mach Conferences and Events IPO
Naturewings Holidays IPO	Excellent Wires and Packaging IPO
My Mudra Fincorp IPO	Travels & Rentals IPO
Namo eWaste Management IPO	Jeyyam Global Foods IPO
Mach Conferences and Events IPO	Boss Packaging Solutions IPO
Travels & Rentals IPO	Aeron Composite IPO
Jeyyam Global Foods IPO	Paramatrix Technologies IPO
Boss Packaging Solutions IPO	Jay Bee Laminations IPO
Vdeal System IPO	Rapid Multimodal Logistics IPO
Aeron Composite IPO	Indian Phosphate IPO

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