Chetana Education IPO vs V.L.Infraprojects IPO

Comparision between Chetana Education IPO and V.L.Infraprojects IPO.

IPO Details

Chetana Education IPO is a SME Book Built Issue IPO proposed to list at NSE SME while V.L.Infraprojects IPO is a SME Book Built Issue proposed to list at NSE SME.

	Chetana Education IPO	V.L.Infraprojects 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	Hem Securities Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Hem Finlease Private Limited	Spread X Securities 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 Chetana Education IPO is up to ₹45.90 Cr whereas the issue size of the V.L.Infraprojects IPO is up to ₹18.52 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of V.L.Infraprojects IPO is ₹42.00 per share.

	Chetana Education IPO	V.L.Infraprojects IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share	₹39.00 per share
Issue Price (Upper)	₹85.00 per share	₹42.00 per share
Issue Price (Final)	₹85.00 per share	₹42.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	3000 shares
Fresh Issue Size	54,00,000 shares	44,10,000 shares
Fresh Issue Size (Amount)	up to ₹45.90 Cr	up to ₹18.52 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	54,00,000 shares	44,10,000 shares
Issue Size Total (Amount)	up to ₹45.90 Cr	up to ₹18.52 Cr

IPO Timetable

Chetana Education IPO opens on Jul 24, 2024, while V.L.Infraprojects IPO opens on Jul 23, 2024. The closing date of Chetana Education IPO and V.L.Infraprojects IPO is Jul 26, 2024, and Jul 25, 2024, respectively.

	Chetana Education IPO	V.L.Infraprojects IPO
Anchor Bid Date	Jul 23, 2024	Jul 22, 2024
Issue Open	Jul 24, 2024	Jul 23, 2024
Issue Close	Jul 26, 2024	Jul 25, 2024
Basis Of Allotment (Tentative)	Jul 29, 2024	Jul 26, 2024
Initiation of Refunds (Tentative)	Jul 30, 2024	Jul 29, 2024
Credit of Share (Tentative)	Jul 30, 2024	Jul 29, 2024
Listing date (Tentative)	Jul 31, 2024	Jul 30, 2024
Anchor Lockin End date 1	Aug 28, 2024	Aug 25, 2024
Anchor Lockin End date 2	Oct 27, 2024	Oct 24, 2024

Financials

Chetana Education IPO P/E ratio is 10.59, as compared to V.L.Infraprojects IPO P/E ratio of 7.73.

Chetana Education IPO

V.L.Infraprojects IPO

Financial

Chetana Education Limited Financial Information (Restated Standalone)

Chetana Education Limited's revenue increased by 23.89% and profit after tax (PAT) rose by 75.57% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,475.09	8,315.08	7,605.82	6,825.10
Revenue	9,367.06	7,560.77	4,312.21	3,270.96
Profit After Tax	1,203.47	685.47	168.06	280.30
Net Worth	2,524.55	2,281.92	1,947.33	2,091.10
Reserves and Surplus	1,024.55
Total Borrowing	5,128.73	4,299.50	3,876.03	3,487.85
Amount in ₹ Lakhs

V.L.Infraprojects Limited Financial Information (Restated)

V.L.Infraprojects Limited's revenue increased by 149.72% and profit after tax (PAT) rose by 175.76% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,691.39	2,836.24	1,955.40	1,641.29
Revenue	11,400.05	4,565.14	3,560.70	3,077.57
Profit After Tax	614.01	222.66	110.58	83.37
Net Worth	1,636.01	1,022.00	730.84	620.26
Reserves and Surplus	505.76	268.50	456.84	346.26
Total Borrowing	1,654.81	999.02	1,003.52	659.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

90.91%

Promoter Shareholding (Post-Issue)

73.53%

65.39%

P/E Ratio

10.59

7.73

Market Cap

₹173.40 Cr.

₹65.99 Cr.

ROE

50.08%%

46.20%%

ROCE

26.87%%

39.09%%

Debt/Equity

EPS

₹8.02

₹5.43

RoNW

47.67%%

37.53%%

Shares Offered

In the Chetana Education IPO retail investors (RII) are offered 17,95,200 shares while in V.L.Infraprojects IPO retail investors are offered 17,95,200 shares. Qualified institutional buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and 8,34,000 shares in V.L.Infraprojects IPO.

	Chetana Education IPO	V.L.Infraprojects IPO
Anchor Investor Reserveration	15,36,000 shares	12,48,000 shares
Market Maker Reserveration	2,73,600 shares	2,40,000 shares
QIB	10,25,600 shares	8,34,000 shares
NII	7,69,600 shares	6,27,000 shares
RII	17,95,200 shares	14,61,000 shares
Employee	0 shares	0 shares
Others
Total	35,90,400 shares	29,22,000 shares

Bids Received (Subscription)

Chetana Education IPO subscribed 196.87x in total, whereas V.L.Infraprojects IPO subscribed 636.17x.

	Chetana Education IPO	V.L.Infraprojects IPO
QIB (times)	101.22x	203.73x
NII (times)	468.42x	726.56x
Big NII (times)
Small NII (times)
RII (times)	135.11x	844.22x
Employee (times)
Other (times)
Total (times)	196.87x	636.17x

Compare with others

Chetana Education IPO	V.L.Infraprojects IPO
Trom Industries IPO	Aprameya Engineering IPO
Esprit Stones IPO	Manglam Infra And Engineering IPO
S A Tech Software India IPO	Chetana Education IPO
Aprameya Engineering IPO	Clinitech Laboratory IPO
Manglam Infra And Engineering IPO	VVIP Infratech IPO
Clinitech Laboratory IPO	RNFI Services IPO
VVIP Infratech IPO	Macobs Technologies IPO
V.L.Infraprojects IPO	Kataria Industries IPO
RNFI Services IPO	SAR Televenture FPO
Macobs Technologies IPO	Tunwal E-Motors IPO

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