Finelistings Technologies IPO vs Varyaa Creations IPO

Comparision between Finelistings Technologies IPO and Varyaa Creations IPO.

IPO Details

Finelistings Technologies IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Varyaa Creations IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Finelistings Technologies IPO	Varyaa Creations IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Fedex Securities�Pvt Ltd	Inventure Merchant Banker Services Pvt Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Rikhav Securities Limited	Svcm Securities 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 Finelistings Technologies IPO is up to ₹13.53 Cr whereas the issue size of the Varyaa Creations IPO is up to ₹20.10 Cr. The final issue price of Finelistings Technologies IPO is ₹123.00 per share and of Varyaa Creations IPO is ₹150.00 per share.

	Finelistings Technologies IPO	Varyaa Creations IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹123.00 per share	₹150.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1000 shares
Fresh Issue Size	11,00,000 shares	13,40,000 shares
Fresh Issue Size (Amount)	up to ₹13.53 Cr	up to ₹20.10 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	11,00,000 shares	13,40,000 shares
Issue Size Total (Amount)	up to ₹13.53 Cr	up to ₹20.10 Cr

IPO Timetable

Finelistings Technologies IPO opens on May 07, 2024, while Varyaa Creations IPO opens on Apr 22, 2024. The closing date of Finelistings Technologies IPO and Varyaa Creations IPO is May 09, 2024, and Apr 25, 2024, respectively.

	Finelistings Technologies IPO	Varyaa Creations IPO
Anchor Bid Date
Issue Open	May 07, 2024	Apr 22, 2024
Issue Close	May 09, 2024	Apr 25, 2024
Basis Of Allotment (Tentative)	May 10, 2024	Apr 26, 2024
Initiation of Refunds (Tentative)	May 13, 2024	Apr 29, 2024
Credit of Share (Tentative)	May 13, 2024	Apr 29, 2024
Listing date (Tentative)	May 14, 2024	Apr 30, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Finelistings Technologies IPO P/E ratio is 17.44, as compared to Varyaa Creations IPO P/E ratio of 65.56.

Finelistings Technologies IPO

Varyaa Creations IPO

Financial

Finelistings Technologies Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	968.92	1,015.99	154.33	59.69
Revenue	1,359.97	1,390.62	694.32	146.43
Profit After Tax	276.99	178.92	-8.33	-17.26
Net Worth	618.96	351.83	47.91	56.24
Reserves and Surplus	375.20	98.21	46.79	55.12
Amount in ₹ Lakhs

Varyaa Creations Limited Financial Information (Restated)

Varyaa Creations Limited's revenue increased by 112.55% and profit after tax (PAT) rose by 36.13% 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	1,049.17	2,000.55	143.78	218.32
Revenue	1,762.49	538.03	253.13	12.05
Profit After Tax	351.11	78.93	57.98	-13.06
Net Worth	410.56	59.45	-19.47	-77.46
Reserves and Surplus	65.56	44.45	-34.47	-92.46
Total Borrowing			44.81	283.82
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

71.65%

100.00%

Promoter Shareholding (Post-Issue)

49.98%

72.02%

P/E Ratio

17.44

65.56

Market Cap

₹44.73 Cr.

₹71.85 Cr.

ROE

43.16%%

85.52%%

ROCE

21.73%%

114.57%%

Debt/Equity

EPS

₹7.05

₹2.29

RoNW

44.05%%

85.52%%

Shares Offered

In the Finelistings Technologies IPO retail investors (RII) are offered 5,21,000 shares while in Varyaa Creations IPO retail investors are offered 5,21,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Finelistings Technologies IPO and 0 shares in Varyaa Creations IPO.

	Finelistings Technologies IPO	Varyaa Creations IPO
Anchor Investor Reserveration
Market Maker Reserveration	58,000 shares	70,000 shares
QIB	0 shares	0 shares
NII	5,21,000 shares	6,35,000 shares
RII	5,21,000 shares	6,35,000 shares
Employee	0 shares	0 shares
Others
Total	10,42,000 shares	12,70,000 shares

Bids Received (Subscription)

Finelistings Technologies IPO subscribed 37.44x in total, whereas Varyaa Creations IPO subscribed 3.59x.

	Finelistings Technologies IPO	Varyaa Creations IPO
QIB (times)
NII (times)	29.85x	1.08x
Big NII (times)
Small NII (times)
RII (times)	38.96x	6.09x
Employee (times)
Other (times)
Total (times)	37.44x	3.59x

Compare with others

Finelistings Technologies IPO	Varyaa Creations IPO
Varyaa Creations IPO	Amkay Products IPO
Faalcon Concepts IPO	Storage Technologies Racks and Rollers IPO
Emmforce Autotech IPO	Mandeep Auto Industries IPO
Birdy's IPO	ABS Marine Services IPO
Greenhitech Ventures IPO	Shivam Chemicals IPO
Ramdevbaba Solvent IPO	Faalcon Concepts IPO
Teerth Gopicon IPO	Emmforce Autotech IPO
DCG Cables & Wires IPO	Birdy's IPO
Creative Graphics Solutions India IPO	Greenhitech Ventures IPO
K2 Infragen IPO	Finelistings Technologies IPO

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