Veritaas Advertising IPO vs Vilas Transcore IPO

Comparision between Veritaas Advertising IPO and Vilas Transcore IPO.

IPO Details

Veritaas Advertising IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Vilas Transcore IPO is a SME Book Built Issue proposed to list at NSE SME.

	Veritaas Advertising IPO	Vilas Transcore 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	Horizon Management Private Limited	Hem Securities Limited
Registrar	Mas Services Limited	Bigshare Services Pvt Ltd
Market Maker	Horizon Financial Consultants Pvt. Ltd.	Hem Finlease 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 Veritaas Advertising IPO is up to ₹8.48 Cr whereas the issue size of the Vilas Transcore IPO is up to ₹95.26 Cr. The final issue price of Veritaas Advertising IPO is ₹114.00 per share and of Vilas Transcore IPO is ₹147.00 per share.

	Veritaas Advertising IPO	Vilas Transcore IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹109.00 per share	₹139.00 per share
Issue Price (Upper)	₹114.00 per share	₹147.00 per share
Issue Price (Final)	₹114.00 per share	₹147.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	7,44,000 shares	64,80,000 shares
Fresh Issue Size (Amount)	up to ₹8.48 Cr	up to ₹95.26 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,44,000 shares	64,80,000 shares
Issue Size Total (Amount)	up to ₹8.48 Cr	up to ₹95.26 Cr

IPO Timetable

Veritaas Advertising IPO opens on May 13, 2024, while Vilas Transcore IPO opens on May 27, 2024. The closing date of Veritaas Advertising IPO and Vilas Transcore IPO is May 15, 2024, and May 29, 2024, respectively.

	Veritaas Advertising IPO	Vilas Transcore IPO
Anchor Bid Date	May 10, 2024	May 24, 2024
Issue Open	May 13, 2024	May 27, 2024
Issue Close	May 15, 2024	May 29, 2024
Basis Of Allotment (Tentative)	May 16, 2024	May 30, 2024
Initiation of Refunds (Tentative)	May 17, 2024	May 31, 2024
Credit of Share (Tentative)	May 17, 2024	May 31, 2024
Listing date (Tentative)	May 21, 2024	Jun 03, 2024
Anchor Lockin End date 1	Jun 15, 2024	Jun 29, 2024
Anchor Lockin End date 2	Aug 14, 2024	Aug 28, 2024

Financials

Veritaas Advertising IPO P/E ratio is 54, as compared to Vilas Transcore IPO P/E ratio of 13.12.

Veritaas Advertising IPO

Vilas Transcore IPO

Financial

Veritaas Advertising Limited Financial Information (Restated)

Period Ended	10 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	926.51	530.58	269.00	152.32
Revenue	786.75	786.75	339.22	234.21
Profit After Tax	156.79	43.89	12.58	19.72
Net Worth	354.39	89.60	45.71	25.13
Reserves and Surplus	146.49	80.60	36.71	24.13
Total Borrowing	228.17	134.03	74.73
Amount in ₹ Lakhs

Vilas Transcore Limited Financial Information (Restated)

Vilas Transcore Limited's revenue increased by 21.09% and profit after tax (PAT) rose by 12.89% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	20,820.50	18,879.83	17,265.64	14,266.28
Revenue	23,829.57	28,478.14	23,518.05	13,485.41
Profit After Tax	1,679.49	2,022.43	1,791.49	523.42
Net Worth	13,725.33	12,045.84	10,023.41	8,231.92
Reserves and Surplus	13,531.38	13,404.08	11,451.23	9,729.31
Total Borrowing	499.95	489.62	346.72	757.83
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

88.74%

99.97%

Promoter Shareholding (Post-Issue)

88.74%

73.01%

P/E Ratio

13.12

Market Cap

₹32.18 Cr.

₹359.86 Cr.

ROE

44.24%%

13.03%%

ROCE

39.65%%

16.10%%

Debt/Equity

0.64

0.03

EPS

₹2.11

₹11.20

RoNW

44.23%%

12.24%%

Shares Offered

In the Veritaas Advertising IPO retail investors (RII) are offered 2,48,400 shares while in Vilas Transcore IPO retail investors are offered 2,48,400 shares. Qualified institutional buyers (QIB) are offered 1,77,600 shares in Veritaas Advertising IPO and 12,31,000 shares in Vilas Transcore IPO.

	Veritaas Advertising IPO	Vilas Transcore IPO
Anchor Investor Reserveration	1,74,000 shares	18,45,000 shares
Market Maker Reserveration	37,200 shares	3,26,000 shares
QIB	1,77,600 shares	12,31,000 shares
NII	1,06,800 shares	9,24,000 shares
RII	2,48,400 shares	21,54,000 shares
Employee	0 shares	0 shares
Others
Total	5,32,800 shares	43,09,000 shares

Bids Received (Subscription)

Veritaas Advertising IPO subscribed 621.62x in total, whereas Vilas Transcore IPO subscribed 204.77x.

	Veritaas Advertising IPO	Vilas Transcore IPO
QIB (times)	102.41x	114.64x
NII (times)	629.56x	449.21x
Big NII (times)
Small NII (times)
RII (times)	989.44x	151.42x
Employee (times)
Other (times)
Total (times)	621.62x	204.77x

Compare with others

Veritaas Advertising IPO	Vilas Transcore IPO
Vilas Transcore IPO	TBI Corn IPO
Hariom Atta & Spices IPO	Ztech India IPO
Rulka Electricals IPO	Aimtron Electronics IPO
Quest Laboratories IPO	Beacon Trusteeship IPO
Piotex Industries IPO	GSM Foils IPO
Indian Emulsifier IPO	Hariom Atta & Spices IPO
Aztec Fluids & Machinery IPO	Rulka Electricals IPO
Premier Roadlines IPO	Quest Laboratories IPO
Silkflex Polymers IPO	Piotex Industries IPO
Energy Mission Machineries IPO	Veritaas Advertising IPO

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