Owais Metal and Mineral Processing IPO vs V R Infraspace IPO

Comparision between Owais Metal and Mineral Processing IPO and V R Infraspace IPO.

IPO Details

Owais Metal and Mineral Processing 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.

	Owais Metal and Mineral Processing IPO	V R Infraspace IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Gretex Share Broking Private Limited	Spread X Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Owais Metal and Mineral Processing IPO is up to ₹42.69 Cr whereas the issue size of the V R Infraspace IPO is up to ₹20.40 Cr. The final issue price of Owais Metal and Mineral Processing IPO is ₹87.00 per share and of V R Infraspace IPO is ₹85.00 per share.

	Owais Metal and Mineral Processing IPO	V R Infraspace IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹83.00 per share
Issue Price (Upper)	₹87.00 per share
Issue Price (Final)	₹87.00 per share	₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	49,07,200 shares	24,00,000 shares
Fresh Issue Size (Amount)	up to ₹42.69 Cr	up to ₹20.40 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	49,07,200 shares	24,00,000 shares
Issue Size Total (Amount)	up to ₹42.69 Cr	up to ₹20.40 Cr

IPO Timetable

Owais Metal and Mineral Processing IPO opens on Feb 26, 2024, while V R Infraspace IPO opens on Mar 04, 2024. The closing date of Owais Metal and Mineral Processing IPO and V R Infraspace IPO is Feb 28, 2024, and Mar 06, 2024, respectively.

	Owais Metal and Mineral Processing IPO	V R Infraspace IPO
Anchor Bid Date	Feb 23, 2024
Issue Open	Feb 26, 2024	Mar 04, 2024
Issue Close	Feb 28, 2024	Mar 06, 2024
Basis Of Allotment (Tentative)	Feb 29, 2024	Mar 07, 2024
Initiation of Refunds (Tentative)	Mar 01, 2024	Mar 11, 2024
Credit of Share (Tentative)	Mar 01, 2024	Mar 11, 2024
Listing date (Tentative)	Mar 04, 2024	Mar 12, 2024
Anchor Lockin End date 1	Mar 30, 2024
Anchor Lockin End date 2	May 29, 2024

Financials

Owais Metal and Mineral Processing IPO P/E ratio is 21.35, as compared to V R Infraspace IPO P/E ratio of 20.99.

Owais Metal and Mineral Processing IPO

V R Infraspace IPO

Financial

Owais Metal and Mineral Processing Limited Financial Information (Restated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	5,164.23	379.62
Revenue	3,977.54
Profit After Tax	765.47	-12.72
Net Worth	2,122.77	57.28
Reserves and Surplus	795.25	44.28
Total Borrowing	1,350.59	321.29
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)

73.01%

72.97%

P/E Ratio

21.35

20.99

Market Cap

₹158.19 Cr.

₹75.48 Cr.

ROE

-5.35%%

7.16%%

ROCE

6.12%%

Debt/Equity

5.61

0.51

EPS

₹4.08

₹4.05

RoNW

-22.22%%

6.94%%

Shares Offered

In the Owais Metal and Mineral Processing IPO retail investors (RII) are offered 15,98,400 shares while in V R Infraspace IPO retail investors are offered 15,98,400 shares. Qualified institutional buyers (QIB) are offered 9,12,000 shares in Owais Metal and Mineral Processing IPO and 0 shares in V R Infraspace IPO.

	Owais Metal and Mineral Processing IPO	V R Infraspace IPO
Anchor Investor Reserveration	13,68,000 shares
Market Maker Reserveration	3,44,000 shares	1,21,600 shares
QIB	9,12,000 shares	0 shares
NII	6,84,800 shares	11,39,200 shares
RII	15,98,400 shares	11,39,200 shares
Employee	0 shares	0 shares
Others
Total	31,95,200 shares	22,78,400 shares

Bids Received (Subscription)

Owais Metal and Mineral Processing IPO subscribed 221.18x in total, whereas V R Infraspace IPO subscribed 93.41x.

	Owais Metal and Mineral Processing IPO	V R Infraspace IPO
QIB (times)	92.06x
NII (times)	329.36x	85.21x
Big NII (times)
Small NII (times)
RII (times)	248.50x	90.55x
Employee (times)
Other (times)
Total (times)	221.18x	93.41x

Compare with others

Owais Metal and Mineral Processing IPO	V R Infraspace IPO
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M.V.K. Agro Food IPO	Shree Karni Fabcom IPO
Purv Flexipack IPO	Sona Machinery IPO
Sadhav Shipping IPO	Pune E-Stock Broking IPO
Deem Roll Tech IPO	M.V.K. Agro Food IPO
Zenith Drugs IPO	Owais Metal and Mineral Processing IPO
Esconet Technologies IPO	Purv Flexipack IPO

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