GSM Foils IPO vs Vilas Transcore IPO

Comparision between GSM Foils IPO and Vilas Transcore IPO.

IPO Details

GSM Foils 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.

	GSM Foils IPO	Vilas Transcore IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Shreni Shares Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Shreni Shares Limited	Hem Finlease 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 GSM Foils IPO is up to ₹11.01 Cr whereas the issue size of the Vilas Transcore IPO is up to ₹95.26 Cr. The final issue price of GSM Foils IPO is ₹32.00 per share and of Vilas Transcore IPO is ₹147.00 per share.

	GSM Foils IPO	Vilas Transcore IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹139.00 per share
Issue Price (Upper)		₹147.00 per share
Issue Price (Final)	₹32.00 per share	₹147.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1000 shares
Fresh Issue Size	34,40,000 shares	64,80,000 shares
Fresh Issue Size (Amount)	up to ₹11.01 Cr	up to ₹95.26 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	34,40,000 shares	64,80,000 shares
Issue Size Total (Amount)	up to ₹11.01 Cr	up to ₹95.26 Cr

IPO Timetable

GSM Foils IPO opens on May 24, 2024, while Vilas Transcore IPO opens on May 27, 2024. The closing date of GSM Foils IPO and Vilas Transcore IPO is May 28, 2024, and May 29, 2024, respectively.

	GSM Foils IPO	Vilas Transcore IPO
Anchor Bid Date		May 24, 2024
Issue Open	May 24, 2024	May 27, 2024
Issue Close	May 28, 2024	May 29, 2024
Basis Of Allotment (Tentative)	May 29, 2024	May 30, 2024
Initiation of Refunds (Tentative)	May 30, 2024	May 31, 2024
Credit of Share (Tentative)	May 30, 2024	May 31, 2024
Listing date (Tentative)	May 31, 2024	Jun 03, 2024
Anchor Lockin End date 1		Jun 29, 2024
Anchor Lockin End date 2		Aug 28, 2024

Financials

GSM Foils IPO P/E ratio is 20.98, as compared to Vilas Transcore IPO P/E ratio of 13.12.

GSM Foils IPO

Vilas Transcore IPO

Financial

GSM Foils Limited Financial Information (Restated)

GSM Foils Limited's revenue decreased by -8.3% and profit after tax (PAT) rose by 124.62% 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	2,208.18	1,438.18	1,050.65	720.57
Revenue	2,717.87	6,588.69	7,185.04	3,646.23
Profit After Tax	124.79	142.97	63.65	33.93
Net Worth	126.99	835.73	659.06	657.82
Reserves and Surplus	124.79
Total Borrowing	1,412.95	242.43	219.20
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)

99.99%

99.97%

Promoter Shareholding (Post-Issue)

73.14%

73.01%

P/E Ratio

20.98

13.12

Market Cap

₹41.00 Cr.

₹359.86 Cr.

ROE

23.62%%

13.03%%

ROCE

1.60%%

16.10%%

Debt/Equity

11.13

0.03

EPS

₹1.53

₹11.20

RoNW

98.27%%

12.24%%

Shares Offered

In the GSM Foils IPO retail investors (RII) are offered 16,32,000 shares while in Vilas Transcore IPO retail investors are offered 16,32,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in GSM Foils IPO and 12,31,000 shares in Vilas Transcore IPO.

	GSM Foils IPO	Vilas Transcore IPO
Anchor Investor Reserveration		18,45,000 shares
Market Maker Reserveration	1,76,000 shares	3,26,000 shares
QIB	0 shares	12,31,000 shares
NII	16,32,000 shares	9,24,000 shares
RII	16,32,000 shares	21,54,000 shares
Employee	0 shares	0 shares
Others
Total	32,64,000 shares	43,09,000 shares

Bids Received (Subscription)

GSM Foils IPO subscribed 257.30x in total, whereas Vilas Transcore IPO subscribed 204.77x.

	GSM Foils IPO	Vilas Transcore IPO
QIB (times)		114.64x
NII (times)	259.51x	449.21x
Big NII (times)
Small NII (times)
RII (times)	247.10x	151.42x
Employee (times)
Other (times)
Total (times)	257.30x	204.77x

Compare with others

GSM Foils IPO	Vilas Transcore IPO
Associated Coaters IPO	TBI Corn IPO
TBI Corn IPO	Ztech India IPO
Ztech India IPO	Aimtron Electronics IPO
Aimtron Electronics IPO	Beacon Trusteeship IPO
Beacon Trusteeship IPO	GSM Foils IPO
Vilas Transcore IPO	Hariom Atta & Spices IPO
Hariom Atta & Spices IPO	Rulka Electricals IPO
Rulka Electricals IPO	Quest Laboratories IPO
Quest Laboratories IPO	Piotex Industries IPO
Piotex Industries IPO	Veritaas Advertising IPO

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