Paytm IPO vs Vraj Iron and Steel IPO

Comparision between Paytm IPO and Vraj Iron and Steel IPO.

IPO Details

Paytm IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Vraj Iron and Steel IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Paytm IPO	Vraj Iron and Steel IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Citigroup Global Markets India Private Limited Goldman Sachs (India) Securities Private Limited Hdfc Bank Limited ICICI Securities Limited J.P. Morgan India Private Limited Morgan Stanley India Company Pvt Ltd	Aryaman Financial Services Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
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 Paytm IPO is up to ₹18,300.00 Cr whereas the issue size of the Vraj Iron and Steel IPO is up to ₹171.00 Cr. The final issue price of Paytm IPO is ₹2,150.00 per share and of Vraj Iron and Steel IPO is ₹207.00 per share.

	Paytm IPO	Vraj Iron and Steel IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹2,080.00 per share	₹195.00 per share
Issue Price (Upper)	₹2,150.00 per share	₹207.00 per share
Issue Price (Final)	₹2,150.00 per share	₹207.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6 shares	72 shares
Fresh Issue Size		82,60,870 shares
Fresh Issue Size (Amount)	up to ₹8,300.00 Cr	up to ₹171.00 Cr
OFS Issue Size
OFS Issue Size (Amount)	up to ₹10,000.00 Cr
Issue Size Total		82,60,870 shares
Issue Size Total (Amount)	up to ₹18,300.00 Cr	up to ₹171.00 Cr

IPO Timetable

Paytm IPO opens on Nov 08, 2021, while Vraj Iron and Steel IPO opens on Jun 26, 2024. The closing date of Paytm IPO and Vraj Iron and Steel IPO is Nov 10, 2021, and Jun 28, 2024, respectively.

	Paytm IPO	Vraj Iron and Steel IPO
Anchor Bid Date		Jun 25, 2024
Issue Open	Nov 08, 2021	Jun 26, 2024
Issue Close	Nov 10, 2021	Jun 28, 2024
Basis Of Allotment (Tentative)	Nov 15, 2021	Jul 01, 2024
Initiation of Refunds (Tentative)	Nov 16, 2021	Jul 02, 2024
Credit of Share (Tentative)	Nov 17, 2021	Jul 02, 2024
Listing date (Tentative)	Nov 18, 2021	Jul 03, 2024
Anchor Lockin End date 1	Dec 15, 2021	Jul 31, 2024
Anchor Lockin End date 2	Feb 13, 2022	Sep 29, 2024

Financials

Paytm IPO P/E ratio is , as compared to Vraj Iron and Steel IPO P/E ratio of 9.48.

Paytm IPO

Vraj Iron and Steel IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Jun-21	30-Jun-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	94,590	102,777	91,513	103,031	87,668
Total Revenue	9,480	6,494	31,868	35,407	35,797
Profit After Tax	(3,819)	(2,844)	(17,010)	(29,424)	(42,309)

Vraj Iron and Steel Limited Financial Information (Restated Consolidated)

Vraj Iron and Steel Limited's revenue increased by 24.87% and profit after tax (PAT) rose by 88.12% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	253.05	191.54	150.77	126.33
Revenue	304.81	517.42	414.38	290.93
Profit After Tax	44.58	54.00	28.70	10.99
Net Worth	187.50	140.92	87.14	57.79
Reserves and Surplus	162.78	135.97	82.19	52.85
Total Borrowing	49.30	22.98	42.51	45.78
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

99.99%

Promoter Shareholding (Post-Issue)

P/E Ratio

9.48

Market Cap

₹682.74 Cr.

ROE

23.78%%

ROCE

25.34%%

Debt/Equity

0.27

EPS

₹21.84

RoNW

23.78%%

Shares Offered

In the Paytm IPO retail investors (RII) are offered 87,98,076 shares while in Vraj Iron and Steel IPO retail investors are offered 87,98,076 shares. Qualified institutional buyers (QIB) are offered 2,63,94,231 shares in Paytm IPO and 16,52,174 shares in Vraj Iron and Steel IPO.

	Paytm IPO	Vraj Iron and Steel IPO
Anchor Investor Reserveration		24,78,259 shares
Market Maker Reserveration
QIB	2,63,94,231 shares	16,52,174 shares
NII	1,31,97,115 shares	12,39,130 shares
RII	87,98,076 shares	28,91,305 shares
Employee	0 shares	0 shares
Others
Total	4,83,89,422 shares	57,82,609 shares

Bids Received (Subscription)

Paytm IPO subscribed 1.89x in total, whereas Vraj Iron and Steel IPO subscribed 126.36x.

	Paytm IPO	Vraj Iron and Steel IPO
QIB (times)	2.79x	173.99x
NII (times)	0.24x	221.66x
Big NII (times)		217.50x
Small NII (times)		229.99x
RII (times)	1.66x	58.31x
Employee (times)
Other (times)
Total (times)	1.89x	126.36x

Compare with others

Paytm IPO	Vraj Iron and Steel IPO
Devyani International IPO	Bansal Wire IPO
Windlas Biotech IPO	Emcure Pharma IPO
Exxaro Tiles IPO	OLA Electric
Nuvoco IPO	Aasaan Loans IPO
Rolex Rings IPO	Stanley Lifestyles IPO
Tatva Chintan Pharma IPO	DEE Piping Systems IPO
Zomato IPO	ixigo IPO
Glenmark Life Sciences IPO	Kronox Lab Sciences IPO
Clean Science IPO
G R Infraprojects IPO

Comments

Add a public comment...