Rulka Electricals IPO vs Vilas Transcore IPO

Comparision between Rulka Electricals IPO and Vilas Transcore IPO.

IPO Details

Rulka Electricals IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Vilas Transcore IPO is a SME Book Built Issue proposed to list at NSE SME.

	Rulka Electricals IPO	Vilas Transcore IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Sunflower Broking Private Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Rulka Electricals IPO is up to ₹26.40 Cr whereas the issue size of the Vilas Transcore IPO is up to ₹95.26 Cr. The final issue price of Rulka Electricals IPO is ₹235.00 per share and of Vilas Transcore IPO is ₹147.00 per share.

	Rulka Electricals IPO	Vilas Transcore IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹223.00 per share	₹139.00 per share
Issue Price (Upper)	₹235.00 per share	₹147.00 per share
Issue Price (Final)	₹235.00 per share	₹147.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	1000 shares
Fresh Issue Size	8,42,400 shares	64,80,000 shares
Fresh Issue Size (Amount)	up to ₹19.80 Cr	up to ₹95.26 Cr
OFS Issue Size	2,80,800 shares
OFS Issue Size (Amount)	up to ₹6.60 Cr
Issue Size Total	11,23,200 shares	64,80,000 shares
Issue Size Total (Amount)	up to ₹26.40 Cr	up to ₹95.26 Cr

IPO Timetable

Rulka Electricals IPO opens on May 16, 2024, while Vilas Transcore IPO opens on May 27, 2024. The closing date of Rulka Electricals IPO and Vilas Transcore IPO is May 21, 2024, and May 29, 2024, respectively.

	Rulka Electricals IPO	Vilas Transcore IPO
Anchor Bid Date	May 15, 2024	May 24, 2024
Issue Open	May 16, 2024	May 27, 2024
Issue Close	May 21, 2024	May 29, 2024
Basis Of Allotment (Tentative)	May 22, 2024	May 30, 2024
Initiation of Refunds (Tentative)	May 23, 2024	May 31, 2024
Credit of Share (Tentative)	May 23, 2024	May 31, 2024
Listing date (Tentative)	May 24, 2024	Jun 03, 2024
Anchor Lockin End date 1	Jun 21, 2024	Jun 29, 2024
Anchor Lockin End date 2	Aug 20, 2024	Aug 28, 2024

Financials

Rulka Electricals IPO P/E ratio is 28.62, as compared to Vilas Transcore IPO P/E ratio of 13.12.

Rulka Electricals IPO

Vilas Transcore IPO

Financial

Rulka Electricals Limited Financial Information (Restated Standalone)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,082.09	2,826.95	1,919.04	982.41
Revenue	6,527.77	4,689.78	3,627.41	1,960.11
Profit After Tax	565.77	280.52	112.08	53.72
Net Worth	1,290.15	557.33	276.82	164.74
Reserves and Surplus	948.55	546.33	265.82	153.74
Total Borrowing	1,104.89	527.07	281.46	230.99
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)

86.28%

99.97%

Promoter Shareholding (Post-Issue)

69.22%

73.01%

P/E Ratio

28.62

13.12

Market Cap

₹100.07 Cr.

₹359.86 Cr.

ROE

61.25%%

13.03%%

ROCE

33.67%%

16.10%%

Debt/Equity

2.16

0.03

EPS

₹8.21

₹11.20

RoNW

43.85%%

12.24%%

Shares Offered

In the Rulka Electricals IPO retail investors (RII) are offered 3,73,800 shares while in Vilas Transcore IPO retail investors are offered 3,73,800 shares. Qualified institutional buyers (QIB) are offered 2,13,600 shares in Rulka Electricals IPO and 12,31,000 shares in Vilas Transcore IPO.

	Rulka Electricals IPO	Vilas Transcore IPO
Anchor Investor Reserveration	3,19,200 shares	18,45,000 shares
Market Maker Reserveration	56,400 shares	3,26,000 shares
QIB	2,13,600 shares	12,31,000 shares
NII	1,60,200 shares	9,24,000 shares
RII	3,73,800 shares	21,54,000 shares
Employee	0 shares	0 shares
Others
Total	7,47,600 shares	43,09,000 shares

Bids Received (Subscription)

Rulka Electricals IPO subscribed 676.83x in total, whereas Vilas Transcore IPO subscribed 204.77x.

	Rulka Electricals IPO	Vilas Transcore IPO
QIB (times)	204.22x	114.64x
NII (times)	1,350.15x	449.21x
Big NII (times)
Small NII (times)
RII (times)	658.32x	151.42x
Employee (times)
Other (times)
Total (times)	676.83x	204.77x

Compare with others

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

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