On Door Concepts IPO vs Vivaa Tradecom IPO

Comparision between On Door Concepts IPO and Vivaa Tradecom IPO.

IPO Details

On Door Concepts IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vivaa Tradecom IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	On Door Concepts IPO	Vivaa Tradecom IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	First Overseas Capital Limited	Interactive Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Bhh Securities Private Limited	Asnani Stock Broker 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 On Door Concepts IPO is up to ₹31.18 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.99 Cr. The final issue price of On Door Concepts IPO is ₹208.00 per share and of Vivaa Tradecom IPO is ₹51.00 per share.

	On Door Concepts IPO	Vivaa Tradecom IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹208.00 per share	₹51.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	2000 shares
Fresh Issue Size	14,98,800 shares	15,66,000 shares
Fresh Issue Size (Amount)	up to ₹31.18 Cr	up to ₹7.99 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,98,800 shares	15,66,000 shares
Issue Size Total (Amount)	up to ₹31.18 Cr	up to ₹7.99 Cr

IPO Timetable

On Door Concepts IPO opens on Oct 23, 2023, while Vivaa Tradecom IPO opens on Sep 27, 2023. The closing date of On Door Concepts IPO and Vivaa Tradecom IPO is Oct 27, 2023, and Oct 04, 2023, respectively.

	On Door Concepts IPO	Vivaa Tradecom IPO
Anchor Bid Date
Issue Open	Oct 23, 2023	Sep 27, 2023
Issue Close	Oct 27, 2023	Oct 04, 2023
Basis Of Allotment (Tentative)	Oct 31, 2023	Oct 09, 2023
Initiation of Refunds (Tentative)	Nov 01, 2023	Oct 10, 2023
Credit of Share (Tentative)	Nov 01, 2023	Oct 11, 2023
Listing date (Tentative)	Nov 01, 2023	Oct 12, 2023
Anchor Lockin End date 1	Nov 30, 2023	Nov 08, 2023
Anchor Lockin End date 2	Jan 29, 2024	Jan 07, 2024

Financials

On Door Concepts IPO P/E ratio is 4.56, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.

On Door Concepts IPO

Vivaa Tradecom IPO

Financial

On Door Concepts Limited Financial Information (Restated)

On Door Concepts Limited's revenue increased by 3.93% and profit after tax (PAT) rose by 343.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,009.46	7,782.37	6,563.49
Revenue	18,015.02	17,333.09	18,306.01
Profit After Tax	1,306.18	-536.98	-523.44
Net Worth	5,120.78	-6,625.38	-6,088.40
Reserves and Surplus	4,734.32	-6,827.89	-6,290.91
Total Borrowing
Amount in ₹ Lakhs

Vivaa Tradecom IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	9,430.20	9,803.46	4,918.80
Revenue	14,734.56	24,728.70	13,402.83
Profit After Tax	-6.48	44.39	25.48
Net Worth	1,118.58	1,162.97	1,211.70
Reserves and Surplus	1,116.26	1,160.65	974.55
Total Borrowing	1,354.91	1,113.05	457.36

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

51.92%

50%

Promoter Shareholding (Post-Issue)

38.14%

30.11%

P/E Ratio

4.56

47.66

Market Cap

₹117.49 Cr.

₹20.08 Cr.

ROE

25.51%%

ROCE

50.90%%

Debt/Equity

0.38

EPS

₹56.77

₹11.07

RoNW

25.51%%

2.10%%

Shares Offered

In the On Door Concepts IPO retail investors (RII) are offered 7,06,200 shares while in Vivaa Tradecom IPO retail investors are offered 7,06,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in On Door Concepts IPO and 0 shares in Vivaa Tradecom IPO.

	On Door Concepts IPO	Vivaa Tradecom IPO
Anchor Investor Reserveration
Market Maker Reserveration	86,400 shares	82,000 shares
QIB	0 shares	0 shares
NII	7,06,200 shares	7,42,000 shares
RII	7,06,200 shares	7,42,000 shares
Employee	0 shares	0 shares
Others
Total	14,12,400 shares	14,84,000 shares

Bids Received (Subscription)

On Door Concepts IPO subscribed 5.59x in total, whereas Vivaa Tradecom IPO subscribed 1.81x.

	On Door Concepts IPO	Vivaa Tradecom IPO
QIB (times)
NII (times)	3.16x	0.70x
Big NII (times)
Small NII (times)
RII (times)	7.87x	2.86x
Employee (times)
Other (times)
Total (times)	5.59x	1.81x

Compare with others

On Door Concepts IPO	Vivaa Tradecom IPO
Transteel Seating Technologies IPO	Shanthala FMCG Products IPO
Benchmark Computer Solutions IPO	Paragon Fine And Speciality Chemicals IPO
Maitreya Medicare Limited IPO	On Door Concepts IPO
Shanthala FMCG Products IPO	Arvind and Company Shipping Agencies IPO
Paragon Fine And Speciality Chemicals IPO	WomanCart IPO
Arvind and Company Shipping Agencies IPO	Karnika Industries IPO
WomanCart IPO	City Crops Agro IPO
Vivaa Tradecom IPO	Canarys Automations IPO
Karnika Industries IPO	Oneclick Logistics India IPO
City Crops Agro IPO	Vinyas Innovative Technologies IPO

Comments

Add a public comment...