Naman In-Store (India) IPO vs Vruddhi Engineering Works IPO

Comparision between Naman In-Store (India) IPO and Vruddhi Engineering Works IPO.

IPO Details

Naman In-Store (India) IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Vruddhi Engineering Works IPO is a SME Book Built Issue proposed to list at BSE SME.

	Naman In-Store (India) IPO	Vruddhi Engineering Works IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	GYR Capital Advisors Private Limited	Fedex Securities�Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Giriraj Stock Broking Private Limited	Rikhav Securities 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 Naman In-Store (India) IPO is up to ₹25.35 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.76 Cr. The final issue price of Naman In-Store (India) IPO is ₹89.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.

	Naman In-Store (India) IPO	Vruddhi Engineering Works IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹84.00 per share	₹66.00 per share
Issue Price (Upper)	₹89.00 per share	₹70.00 per share
Issue Price (Final)	₹89.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	28,48,000 shares	6,80,000 shares
Fresh Issue Size (Amount)	up to ₹25.35 Cr	up to ₹4.76 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,48,000 shares	6,80,000 shares
Issue Size Total (Amount)	up to ₹25.35 Cr	up to ₹4.76 Cr

IPO Timetable

Naman In-Store (India) IPO opens on Mar 22, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of Naman In-Store (India) IPO and Vruddhi Engineering Works IPO is Mar 27, 2024, and Mar 28, 2024, respectively.

	Naman In-Store (India) IPO	Vruddhi Engineering Works IPO
Anchor Bid Date	Mar 21, 2024
Issue Open	Mar 22, 2024	Mar 26, 2024
Issue Close	Mar 27, 2024	Mar 28, 2024
Basis Of Allotment (Tentative)	Mar 28, 2024	Apr 01, 2024
Initiation of Refunds (Tentative)	Apr 01, 2024	Apr 02, 2024
Credit of Share (Tentative)	Apr 01, 2024	Apr 02, 2024
Listing date (Tentative)	Apr 02, 2024	Apr 03, 2024
Anchor Lockin End date 1	Apr 27, 2024
Anchor Lockin End date 2	Jun 26, 2024

Financials

Naman In-Store (India) IPO P/E ratio is 17.95, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.

Naman In-Store (India) IPO

Vruddhi Engineering Works IPO

Financial

Naman In-Store (India) Limited Financial Information (Restated)

Naman In-Store (India) Limited's revenue increased by 193.48% and profit after tax (PAT) rose by 1696.28% 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		5,598.94	3,074.09	1,693.00
Revenue	7,929.71	14,993.50	5,108.94	1,341.28
Profit After Tax	618.89	381.71	21.25	5.08
Net Worth	1,203.48	584.59	202.88	131.64
Reserves and Surplus		488.94	53.48	41.64
Total Borrowing	3,166.06	2,944.09	1,883.91	1,023.91
Amount in ₹ Lakhs

Vruddhi Engineering Works Limited Financial Information (Restated)

Vruddhi Engineering Works Limited's revenue increased by 493.53% and profit after tax (PAT) rose by 697.99% 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	808.58	782.33	100.14	3.02
Revenue	935.36	1,309.62	220.65	0.44
Profit After Tax	41.01	75.33	9.44	-0.88
Net Worth	253.13	212.12	9.56	0.12
Reserves and Surplus	68.77	118.55	8.56	-0.88
Total Borrowing	301.91	323.37	47.49	2.22
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

96.34%

Promoter Shareholding (Post-Issue)

P/E Ratio

17.95

17.13

Market Cap

₹93.88 Cr.

₹17.67 Cr.

ROE

69.22%%

16.20%%

ROCE

24.51%%

15.53%%

Debt/Equity

1.19

EPS

₹4.96

₹4.09

RoNW

51.42%%

16.20%%

Shares Offered

In the Naman In-Store (India) IPO retail investors (RII) are offered 9,47,200 shares while in Vruddhi Engineering Works IPO retail investors are offered 9,47,200 shares. Qualified institutional buyers (QIB) are offered 5,40,800 shares in Naman In-Store (India) IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.

	Naman In-Store (India) IPO	Vruddhi Engineering Works IPO
Anchor Investor Reserveration	8,11,200 shares
Market Maker Reserveration	1,42,400 shares	36,000 shares
QIB	5,40,800 shares	3,20,000 shares
NII	4,06,400 shares	98,000 shares
RII	9,47,200 shares	2,26,000 shares
Employee	0 shares	0 shares
Others
Total	18,94,400 shares

Bids Received (Subscription)

Naman In-Store (India) IPO subscribed 309.03x in total, whereas Vruddhi Engineering Works IPO subscribed 12.67x.

	Naman In-Store (India) IPO	Vruddhi Engineering Works IPO
QIB (times)	109.75x	1.05x
NII (times)	528.12x	28.14x
Big NII (times)
Small NII (times)
RII (times)	328.80x	20.10x
Employee (times)
Other (times)
Total (times)	309.03x	12.67x

Compare with others

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

Comments

Add a public comment...