M.V.K. Agro Food IPO vs V R Infraspace IPO

Comparision between M.V.K. Agro Food IPO and V R Infraspace IPO.

IPO Details

M.V.K. Agro Food IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while V R Infraspace IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	M.V.K. Agro Food IPO	V R Infraspace 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	Horizon Management Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Mas Services Limited	Link Intime India Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Spread X Securities 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 M.V.K. Agro Food IPO is up to ₹65.88 Cr whereas the issue size of the V R Infraspace IPO is up to ₹20.40 Cr. The final issue price of M.V.K. Agro Food IPO is ₹120.00 per share and of V R Infraspace IPO is ₹85.00 per share.

	M.V.K. Agro Food IPO	V R Infraspace IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹120.00 per share	₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	54,90,000 shares	24,00,000 shares
Fresh Issue Size (Amount)	up to ₹65.88 Cr	up to ₹20.40 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	54,90,000 shares	24,00,000 shares
Issue Size Total (Amount)	up to ₹65.88 Cr	up to ₹20.40 Cr

IPO Timetable

M.V.K. Agro Food IPO opens on Feb 29, 2024, while V R Infraspace IPO opens on Mar 04, 2024. The closing date of M.V.K. Agro Food IPO and V R Infraspace IPO is Mar 04, 2024, and Mar 06, 2024, respectively.

	M.V.K. Agro Food IPO	V R Infraspace IPO
Anchor Bid Date
Issue Open	Feb 29, 2024	Mar 04, 2024
Issue Close	Mar 04, 2024	Mar 06, 2024
Basis Of Allotment (Tentative)	Mar 05, 2024	Mar 07, 2024
Initiation of Refunds (Tentative)	Mar 06, 2024	Mar 11, 2024
Credit of Share (Tentative)	Mar 06, 2024	Mar 11, 2024
Listing date (Tentative)	Mar 07, 2024	Mar 12, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

M.V.K. Agro Food IPO P/E ratio is 31.79, as compared to V R Infraspace IPO P/E ratio of 20.99.

M.V.K. Agro Food IPO

V R Infraspace IPO

Financial

M.V.K. Agro Food Product Ltd Financial Information (Restated)

M.V.K. Agro Food Product Ltd's revenue decreased by -29.18% and profit after tax (PAT) rose by 18.02% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	14,804.05	15,471.93	11,602.06	11,445.70
Revenue	6,044.36	9,393.63	13,263.56	2,583.10
Profit After Tax	430.07	377.45	319.81	140.41
Net Worth	1,767.74	1,337.67	960.22	640.41
Reserves and Surplus	1,267.74	837.67	460.22	140.41
Total Borrowing	6,281.23	9,156.10	6,001.32	7,496.33
Amount in ₹ Lakhs

V R Infraspace Limited Financial Information (Restated Consolidated)

V R Infraspace Limited's revenue increased by 35.16% and profit after tax (PAT) rose by 229.16% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,117.91	4,328.38	4,920.59	5,479.20
Revenue	732.41	1,875.53	1,387.65	1,348.70
Profit After Tax	89.54	262.47	79.74	72.04
Net Worth	1,290.10	1,211.86	949.39	869.65
Reserves and Surplus	642.10	563.86	301.39	221.65
Total Borrowing	661.36	971.87	1,038.55	1,676.31
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

100%

Promoter Shareholding (Post-Issue)

64.56%

72.97%

P/E Ratio

31.79

20.99

Market Cap

₹185.88 Cr.

₹75.48 Cr.

ROE

32.85%%

7.16%%

ROCE

13.44%%

6.12%%

Debt/Equity

6.84

0.51

EPS

₹3.77

₹4.05

RoNW

32.85%%

6.94%%

Shares Offered

In the M.V.K. Agro Food IPO retail investors (RII) are offered 26,07,600 shares while in V R Infraspace IPO retail investors are offered 26,07,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in M.V.K. Agro Food IPO and 0 shares in V R Infraspace IPO.

	M.V.K. Agro Food IPO	V R Infraspace IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,74,800 shares	1,21,600 shares
QIB	0 shares	0 shares
NII	26,07,600 shares	11,39,200 shares
RII	26,07,600 shares	11,39,200 shares
Employee	0 shares	0 shares
Others
Total	52,15,200 shares	22,78,400 shares

Bids Received (Subscription)

M.V.K. Agro Food IPO subscribed 8.46x in total, whereas V R Infraspace IPO subscribed 93.41x.

	M.V.K. Agro Food IPO	V R Infraspace IPO
QIB (times)
NII (times)	3.90x	85.21x
Big NII (times)
Small NII (times)
RII (times)	13.01x	90.55x
Employee (times)
Other (times)
Total (times)	8.46x	93.41x

Compare with others

M.V.K. Agro Food IPO	V R Infraspace IPO
Koura Fine Diamond Jewelry IPO	AVP Infracon IPO
Shree Karni Fabcom IPO	Signoria Creation IPO
V R Infraspace IPO	Pratham EPC Projects IPO
Sona Machinery IPO	Koura Fine Diamond Jewelry IPO
Pune E-Stock Broking IPO	Shree Karni Fabcom IPO
Owais Metal and Mineral Processing IPO	Sona Machinery IPO
Purv Flexipack IPO	Pune E-Stock Broking IPO
Sadhav Shipping IPO	M.V.K. Agro Food IPO
Deem Roll Tech IPO	Owais Metal and Mineral Processing IPO
Zenith Drugs IPO	Purv Flexipack IPO

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