Piotex Industries IPO vs Vilas Transcore IPO

Comparision between Piotex Industries IPO and Vilas Transcore IPO.

IPO Details

Piotex Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Vilas Transcore IPO is a SME Book Built Issue proposed to list at NSE SME.

	Piotex Industries IPO	Vilas Transcore 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	Beeline Capital Advisors Pvt Ltd	Hem Securities Limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Spread X Securities Private Limited	Hem Finlease 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 Piotex Industries IPO is up to ₹14.47 Cr whereas the issue size of the Vilas Transcore IPO is up to ₹95.26 Cr. The final issue price of Piotex Industries IPO is ₹94.00 per share and of Vilas Transcore IPO is ₹147.00 per share.

	Piotex Industries IPO	Vilas Transcore IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹139.00 per share
Issue Price (Upper)		₹147.00 per share
Issue Price (Final)	₹94.00 per share	₹147.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	15,39,600 shares	64,80,000 shares
Fresh Issue Size (Amount)	up to ₹14.47 Cr	up to ₹95.26 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	15,39,600 shares	64,80,000 shares
Issue Size Total (Amount)	up to ₹14.47 Cr	up to ₹95.26 Cr

IPO Timetable

Piotex Industries IPO opens on May 10, 2024, while Vilas Transcore IPO opens on May 27, 2024. The closing date of Piotex Industries IPO and Vilas Transcore IPO is May 14, 2024, and May 29, 2024, respectively.

	Piotex Industries IPO	Vilas Transcore IPO
Anchor Bid Date		May 24, 2024
Issue Open	May 10, 2024	May 27, 2024
Issue Close	May 14, 2024	May 29, 2024
Basis Of Allotment (Tentative)	May 15, 2024	May 30, 2024
Initiation of Refunds (Tentative)	May 16, 2024	May 31, 2024
Credit of Share (Tentative)	May 16, 2024	May 31, 2024
Listing date (Tentative)	May 17, 2024	Jun 03, 2024
Anchor Lockin End date 1		Jun 29, 2024
Anchor Lockin End date 2		Aug 28, 2024

Financials

Piotex Industries IPO P/E ratio is 11.14, as compared to Vilas Transcore IPO P/E ratio of 13.12.

Piotex Industries IPO

Vilas Transcore IPO

Financial

Piotex Industries Limited Financial Information (Restated)

Piotex Industries Limited's revenue increased by 37.23% and profit after tax (PAT) rose by 4.17% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,610.59	1,757.68	1,385.47
Revenue	11,893.88	8,667.21	8,046.39
Profit After Tax	300.80	288.75	74.29
Net Worth	897.18	440.07	151.32
Reserves and Surplus	582.47	425.07	136.32
Total Borrowing	445.94	372.30	528.58
Amount in ₹ Lakhs

Vilas Transcore Limited Financial Information (Restated)

Vilas Transcore Limited's revenue increased by 21.09% and profit after tax (PAT) rose by 12.89% 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	20,820.50	18,879.83	17,265.64	14,266.28
Revenue	23,829.57	28,478.14	23,518.05	13,485.41
Profit After Tax	1,679.49	2,022.43	1,791.49	523.42
Net Worth	13,725.33	12,045.84	10,023.41	8,231.92
Reserves and Surplus	13,531.38	13,404.08	11,451.23	9,729.31
Total Borrowing	499.95	489.62	346.72	757.83
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

99.97%

Promoter Shareholding (Post-Issue)

69.83%

73.01%

P/E Ratio

11.14

13.12

Market Cap

₹47.97 Cr.

₹359.86 Cr.

ROE

44.99%%

13.03%%

ROCE

33.20%%

16.10%%

Debt/Equity

0.5

0.03

EPS

₹8.44

₹11.20

RoNW

33.53%%

12.24%%

Shares Offered

In the Piotex Industries IPO retail investors (RII) are offered 7,30,800 shares while in Vilas Transcore IPO retail investors are offered 7,30,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Piotex Industries IPO and 12,31,000 shares in Vilas Transcore IPO.

	Piotex Industries IPO	Vilas Transcore IPO
Anchor Investor Reserveration		18,45,000 shares
Market Maker Reserveration	78,000 shares	3,26,000 shares
QIB	0 shares	12,31,000 shares
NII	7,30,800 shares	9,24,000 shares
RII	7,30,800 shares	21,54,000 shares
Employee	0 shares	0 shares
Others
Total	14,61,600 shares	43,09,000 shares

Bids Received (Subscription)

Piotex Industries IPO subscribed 107.44x in total, whereas Vilas Transcore IPO subscribed 204.77x.

	Piotex Industries IPO	Vilas Transcore IPO
QIB (times)		114.64x
NII (times)	115.21x	449.21x
Big NII (times)
Small NII (times)
RII (times)	93.33x	151.42x
Employee (times)
Other (times)
Total (times)	107.44x	204.77x

Compare with others

Piotex Industries IPO	Vilas Transcore IPO
GSM Foils IPO	TBI Corn IPO
Vilas Transcore IPO	Ztech India IPO
Hariom Atta & Spices IPO	Aimtron Electronics IPO
Rulka Electricals IPO	Beacon Trusteeship IPO
Quest Laboratories IPO	GSM Foils IPO
Veritaas Advertising IPO	Hariom Atta & Spices IPO
Indian Emulsifier IPO	Rulka Electricals IPO
Aztec Fluids & Machinery IPO	Quest Laboratories IPO
Premier Roadlines IPO	Piotex Industries IPO
Silkflex Polymers IPO	Veritaas Advertising IPO

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