Srivasavi Adhesive Tapes IPO vs Viaz Tyres IPO

Comparision between Srivasavi Adhesive Tapes IPO and Viaz Tyres IPO.

IPO Details

Srivasavi Adhesive Tapes IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Viaz Tyres IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Srivasavi Adhesive Tapes IPO	Viaz Tyres IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Shreni Shares Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Shreni Shares Limited	Sunflower Broking 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 Srivasavi Adhesive Tapes IPO is up to ₹15.50 Cr whereas the issue size of the Viaz Tyres IPO is up to ₹20.00 Cr. The final issue price of Srivasavi Adhesive Tapes IPO is ₹41.00 per share and of Viaz Tyres IPO is ₹62.00 per share.

	Srivasavi Adhesive Tapes IPO	Viaz Tyres IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹41.00 per share	₹62.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	37,80,000 shares	32,26,000 shares
Fresh Issue Size (Amount)	up to ₹15.50 Cr	up to ₹20.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	37,80,000 shares	32,26,000 shares
Issue Size Total (Amount)	up to ₹15.50 Cr	up to ₹20.00 Cr

IPO Timetable

Srivasavi Adhesive Tapes IPO opens on Feb 23, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of Srivasavi Adhesive Tapes IPO and Viaz Tyres IPO is Feb 28, 2023, and Feb 21, 2023, respectively.

	Srivasavi Adhesive Tapes IPO	Viaz Tyres IPO
Anchor Bid Date
Issue Open	Feb 23, 2023	Feb 16, 2023
Issue Close	Feb 28, 2023	Feb 21, 2023
Basis Of Allotment (Tentative)	Mar 03, 2023	Feb 24, 2023
Initiation of Refunds (Tentative)	Mar 06, 2023	Feb 27, 2023
Credit of Share (Tentative)	Mar 08, 2023	Feb 28, 2023
Listing date (Tentative)	Mar 09, 2023	Mar 01, 2023
Anchor Lockin End date 1	Apr 02, 2023	Mar 26, 2023
Anchor Lockin End date 2	Jun 01, 2023	May 25, 2023

Financials

Srivasavi Adhesive Tapes IPO P/E ratio is 16.08, as compared to Viaz Tyres IPO P/E ratio of 24.9.

Srivasavi Adhesive Tapes IPO

Viaz Tyres IPO

Financial

Srivasavi Adhesive Tapes Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,038.86	4,634.50	101.13	494.07	369.34	572.93
31-Mar-21	2,263.66	5,566.61	187.34	681.41	556.68	395.02
31-Mar-22	2,763.35	6,392.19	362.12	1,043.53	918.80	607.08
30-Sep-22	3,051.98	3,072.61	180.73	1,224.25	184.84	600.06
Amount in ₹ Lakhs

Viaz Tyres Limited Financial Information (Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2,429.97	1,994.37	14.51	432.93	1,895.94
31-Mar-21	2,713.32	2,917.26	60.64	493.56	2,047.89
31-Mar-22	2,898.38	2,933.04	146.91	640.47	1,996.09
30-Sep-22	3,405.87	2,379.10	152.72	1,098.19	2,003.36
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.84%

99.2%

Promoter Shareholding (Post-Issue)

73.21%

73.07%

P/E Ratio

16.08

24.9

Market Cap

₹58.11 Cr.

₹75.96 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Srivasavi Adhesive Tapes IPO retail investors (RII) are offered 17,94,000 shares while in Viaz Tyres IPO retail investors are offered 17,94,000 shares. Qualified institutional buyers (QIB) are offered in Srivasavi Adhesive Tapes IPO and in Viaz Tyres IPO.

	Srivasavi Adhesive Tapes IPO	Viaz Tyres IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,92,000 shares	1,62,000 shares
QIB
NII	17,94,000 shares	15,32,000 shares
RII	17,94,000 shares	15,32,000 shares
Employee
Others
Total	35,88,000 shares	30,64,000 shares

Bids Received (Subscription)

Srivasavi Adhesive Tapes IPO subscribed 7.75x in total, whereas Viaz Tyres IPO subscribed 5.79x.

	Srivasavi Adhesive Tapes IPO	Viaz Tyres IPO
QIB (times)
NII (times)	7.12x	5.33x
Big NII (times)
Small NII (times)
RII (times)	8.38x	6.25x
Employee (times)
Other (times)
Total (times)	7.75x	5.79x

Compare with others

Srivasavi Adhesive Tapes IPO	Viaz Tyres IPO
Vertexplus Technologies IPO	Srivasavi Adhesive Tapes IPO
MCON Rasayan IPO	SVJ Enterprises IPO
Systango Technologies IPO	Sealmatic India IPO
Amanaya Ventures IPO	Macfos IPO
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SVJ Enterprises IPO	Patron Exim IPO
Sealmatic India IPO	Lead Reclaim and Rubber Products IPO
Macfos IPO	Indong Tea Company IPO
ITCONS E-Solutions IPO	Agarwal Float Glass India IPO
Viaz Tyres IPO	Shera Energy IPO

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