Shanthala FMCG Products IPO vs Vivaa Tradecom IPO

Comparision between Shanthala FMCG Products IPO and Vivaa Tradecom IPO.

IPO Details

Shanthala FMCG Products 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.

	Shanthala FMCG Products 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 Shanthala FMCG Products IPO is up to ₹16.07 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.99 Cr. The final issue price of Shanthala FMCG Products IPO is ₹91.00 per share and of Vivaa Tradecom IPO is ₹51.00 per share.

	Shanthala FMCG Products IPO	Vivaa Tradecom IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹91.00 per share	₹51.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	17,66,400 shares	15,66,000 shares
Fresh Issue Size (Amount)	up to ₹16.07 Cr	up to ₹7.99 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	17,66,400 shares	15,66,000 shares
Issue Size Total (Amount)	up to ₹16.07 Cr	up to ₹7.99 Cr

IPO Timetable

Shanthala FMCG Products IPO opens on Oct 27, 2023, while Vivaa Tradecom IPO opens on Sep 27, 2023. The closing date of Shanthala FMCG Products IPO and Vivaa Tradecom IPO is Oct 31, 2023, and Oct 04, 2023, respectively.

	Shanthala FMCG Products IPO	Vivaa Tradecom IPO
Anchor Bid Date
Issue Open	Oct 27, 2023	Sep 27, 2023
Issue Close	Oct 31, 2023	Oct 04, 2023
Basis Of Allotment (Tentative)	Nov 03, 2023	Oct 09, 2023
Initiation of Refunds (Tentative)	Nov 06, 2023	Oct 10, 2023
Credit of Share (Tentative)	Nov 07, 2023	Oct 11, 2023
Listing date (Tentative)	Nov 03, 2023	Oct 12, 2023
Anchor Lockin End date 1	Dec 03, 2023	Nov 08, 2023
Anchor Lockin End date 2	Feb 01, 2024	Jan 07, 2024

Financials

Shanthala FMCG Products IPO P/E ratio is 25.66, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.

Shanthala FMCG Products IPO

Vivaa Tradecom IPO

Financial

Shanthala FMCG Products Limited Financial Information (Restated)

Shanthala FMCG Products Limited's revenue increased by 25.28% and profit after tax (PAT) rose by 292.26% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	827.32	657.21	615.79	569.67
Revenue	1,585.58	4,077.25	3,254.57	3,955.67
Profit After Tax	10.15	17.73	4.52	14.41
Net Worth	549.32	143.22	125.49	120.97
Reserves and Surplus	56.15	93.22	75.49	70.97
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)

77.44

50%

Promoter Shareholding (Post-Issue)

57.019

30.11%

P/E Ratio

25.66

47.66

Market Cap

₹60.95 Cr.

₹20.08 Cr.

ROE

12.38%%

ROCE

19%%

Debt/Equity

3.12

0.38

EPS

₹3.55

₹11.07

RoNW

12.38%%

2.10%%

Shares Offered

In the Shanthala FMCG Products IPO retail investors (RII) are offered 8,38,800 shares while in Vivaa Tradecom IPO retail investors are offered 8,38,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Shanthala FMCG Products IPO and 0 shares in Vivaa Tradecom IPO.

	Shanthala FMCG Products IPO	Vivaa Tradecom IPO
Anchor Investor Reserveration
Market Maker Reserveration	88,800 shares	82,000 shares
QIB	0 shares	0 shares
NII	8,38,800 shares	7,42,000 shares
RII	8,38,800 shares	7,42,000 shares
Employee	0 shares	0 shares
Others
Total	16,77,600 shares	14,84,000 shares

Bids Received (Subscription)

Shanthala FMCG Products IPO subscribed 3.91x in total, whereas Vivaa Tradecom IPO subscribed 1.81x.

	Shanthala FMCG Products IPO	Vivaa Tradecom IPO
QIB (times)
NII (times)	4.76x	0.70x
Big NII (times)
Small NII (times)
RII (times)	3.05x	2.86x
Employee (times)
Other (times)
Total (times)	3.91x	1.81x

Compare with others

Shanthala FMCG Products IPO	Vivaa Tradecom IPO
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Vivaa Tradecom IPO	Vinyas Innovative Technologies IPO

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