Khazanchi Jewellers IPO vs Vinsys IT Services IPO

Comparision between Khazanchi Jewellers IPO and Vinsys IT Services IPO.

IPO Details

Khazanchi Jewellers IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Vinsys IT Services IPO is a SME Book Built Issue proposed to list at NSE SME.

	Khazanchi Jewellers IPO	Vinsys IT Services IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Mark Corporate Advisors Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Cameo Corporate Services Limited	Link Intime India Private Ltd
Market Maker	Svcm Securities 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 Khazanchi Jewellers IPO is up to ₹97.00 Cr whereas the issue size of the Vinsys IT Services IPO is up to ₹49.84 Cr. The final issue price of Khazanchi Jewellers IPO is ₹140.00 per share and of Vinsys IT Services IPO is ₹128.00 per share.

	Khazanchi Jewellers IPO	Vinsys IT Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹121.00 per share
Issue Price (Upper)		₹128.00 per share
Issue Price (Final)	₹140.00 per share	₹128.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1000 shares
Fresh Issue Size	69,10,000 shares	38,94,000 shares
Fresh Issue Size (Amount)	up to ₹96.74 Cr	up to ₹49.84 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	69,10,000 shares	38,94,000 shares
Issue Size Total (Amount)	up to ₹97.00 Cr	up to ₹49.84 Cr

IPO Timetable

Khazanchi Jewellers IPO opens on Jul 24, 2023, while Vinsys IT Services IPO opens on Aug 01, 2023. The closing date of Khazanchi Jewellers IPO and Vinsys IT Services IPO is Jul 28, 2023, and Aug 04, 2023, respectively.

	Khazanchi Jewellers IPO	Vinsys IT Services IPO
Anchor Bid Date		Jul 31, 2023
Issue Open	Jul 24, 2023	Aug 01, 2023
Issue Close	Jul 28, 2023	Aug 04, 2023
Basis Of Allotment (Tentative)	Aug 02, 2023	Aug 09, 2023
Initiation of Refunds (Tentative)	Aug 03, 2023	Aug 10, 2023
Credit of Share (Tentative)	Aug 04, 2023	Aug 11, 2023
Listing date (Tentative)	Aug 07, 2023	Aug 11, 2023
Anchor Lockin End date 1	Sep 01, 2023	Sep 08, 2023
Anchor Lockin End date 2	Oct 31, 2023	Nov 07, 2023

Financials

Khazanchi Jewellers IPO P/E ratio is 45.75, as compared to Vinsys IT Services IPO P/E ratio of 12.51.

Khazanchi Jewellers IPO

Vinsys IT Services IPO

Financial

Khazanchi Jewellers Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	10,379.93	36,165.36	230.71	2,269.33	1,276.21	7,786.00
31-Mar-21	11,319.79	38,242.89	275.58	2,544.91	1,551.79	7,480.12
31-Mar-22	12,436.20	25,799.75	326.62	2,871.53	1,878.41	8,412.38
31-Mar-23	14,506.80	48,181.65	756.49	3,604.99	2,611.87	8,462.47
Amount in ₹ Lakhs

Vinsys IT Services Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	2,739.97	2,041.04	34.78	773.51	673.51	1,427.08
31-Mar-22	3,493.16	3,202.69	-51.61	716.07	616.07	2,050.32
31-Mar-23	7,293.60	9,632.25	1,501.38	2,472.51	1,472.51	2,310.80
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

92.74%

Promoter Shareholding (Post-Issue)

68.13%

P/E Ratio

45.75

12.51

Market Cap

₹346.46 Cr.

₹187.88 Cr.

ROE

20.98%

94.17%%

ROCE

18.91%

51.46%%

Debt/Equity

1.45

0.93

EPS

₹7.62

₹15.01

RoNW

20.98%%

60.72%%

Shares Offered

In the Khazanchi Jewellers IPO retail investors (RII) are offered 32,82,000 shares while in Vinsys IT Services IPO retail investors are offered 32,82,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Khazanchi Jewellers IPO and 7,40,000 shares in Vinsys IT Services IPO.

	Khazanchi Jewellers IPO	Vinsys IT Services IPO
Anchor Investor Reserveration		11,08,000 shares
Market Maker Reserveration	3,46,000 shares	1,95,000 shares
QIB	0 shares	7,40,000 shares
NII	32,82,000 shares	5,56,000 shares
RII	32,82,000 shares	12,95,000 shares
Employee	0 shares	0 shares
Others
Total	65,64,000 shares	25,91,000 shares

Bids Received (Subscription)

Khazanchi Jewellers IPO subscribed 1.26x in total, whereas Vinsys IT Services IPO subscribed 89.00x.

	Khazanchi Jewellers IPO	Vinsys IT Services IPO
QIB (times)		36.95x
NII (times)	1.74x	105.75x
Big NII (times)
Small NII (times)
RII (times)	0.78x	111.56x
Employee (times)
Other (times)
Total (times)	1.26x	89.00x

Compare with others

Khazanchi Jewellers IPO	Vinsys IT Services IPO
Innovatus Entertainment Networks IPO	Yudiz Solutions IPO
Shri Techtex IPO	Zeal Global Services IPO
Vinsys IT Services IPO	Oriana Power IPO
Yasons Chemex Care IPO	Innovatus Entertainment Networks IPO
Committed Cargo Care IPO	Shri Techtex IPO
Srivari Spices and Foods IPO	Yasons Chemex Care IPO
Asarfi Hospital IPO	Committed Cargo Care IPO
Service Care IPO	Khazanchi Jewellers IPO
Ahasolar Technologies IPO	Srivari Spices and Foods IPO
Drone Destination IPO	Asarfi Hospital IPO

Comments

Add a public comment...