Parin Furniture IPO vs Vinny Overseas IPO

Comparision between Parin Furniture IPO and Vinny Overseas IPO.

IPO Details

Parin Furniture IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vinny Overseas IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Parin Furniture IPO	Vinny Overseas 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	Hem Securities Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
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 Parin Furniture IPO is up to ₹18.90 Cr whereas the issue size of the Vinny Overseas IPO is up to ₹10.38 Cr. The final issue price of Parin Furniture IPO is ₹63.00 per share and of Vinny Overseas IPO is ₹40.00 per share.

	Parin Furniture IPO	Vinny Overseas IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹60.00 per share
Issue Price (Upper)	₹63.00 per share
Issue Price (Final)	₹63.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	30,00,000 shares	25,96,000 shares
Issue Size Total (Amount)	up to ₹18.90 Cr	up to ₹10.38 Cr

IPO Timetable

Parin Furniture IPO opens on Sep 26, 2018, while Vinny Overseas IPO opens on Sep 28, 2018. The closing date of Parin Furniture IPO and Vinny Overseas IPO is Sep 28, 2018, and Oct 03, 2018, respectively.

	Parin Furniture IPO	Vinny Overseas IPO
Anchor Bid Date
Issue Open	Sep 26, 2018	Sep 28, 2018
Issue Close	Sep 28, 2018	Oct 03, 2018
Basis Of Allotment (Tentative)	Oct 04, 2018
Initiation of Refunds (Tentative)	Oct 05, 2018
Credit of Share (Tentative)	Oct 05, 2018
Listing date (Tentative)	Oct 09, 2018
Anchor Lockin End date 1	Nov 03, 2018
Anchor Lockin End date 2	Jan 02, 2019

Financials

Parin Furniture IPO P/E ratio is , as compared to Vinny Overseas IPO P/E ratio of .

Parin Furniture IPO

Vinny Overseas IPO

Financial

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	4,663.61	4,334.86	3,963.39	1,948.67	1,673.60
Total Revenue	6,459.34	5,994.04	6,178.46	2,875.78	3,002.76
Profit After Tax	261.78	135.54	101.57	27.53	60.82

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18
Total Assets	5,744.18
Total Revenue	6,532.36
Profit After Tax	416.62

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	6,420.39	4,904.91	4,434.41	4,040.35	3,963.63
Total Revenue	13,054.15	9,833.520	9,830.42	8,735.22	8,059.09
Profit After Tax	307.56	170.38	111.44	97.77	67.51

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Parin Furniture IPO retail investors (RII) are offered 14,20,000 shares while in Vinny Overseas IPO retail investors are offered 14,20,000 shares. Qualified institutional buyers (QIB) are offered in Parin Furniture IPO and in Vinny Overseas IPO.

	Parin Furniture IPO	Vinny Overseas IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,60,000 shares	1,32,000 shares
QIB
NII	14,20,000 shares	12,32,000 shares
RII	14,20,000 shares	12,32,000 shares
Employee
Others
Total	28,40,000 shares	24,64,000 shares

Bids Received (Subscription)

Parin Furniture IPO subscribed 2.45x in total, whereas Vinny Overseas IPO subscribed 1.61x.

	Parin Furniture IPO	Vinny Overseas IPO
QIB (times)
NII (times)	2.08x	1.97x
Big NII (times)
Small NII (times)
RII (times)	2.62x	1.24x
Employee (times)
Other (times)
Total (times)	2.45x	1.61x

Compare with others

Parin Furniture IPO	Vinny Overseas IPO
Dolfin Rubbers IPO	Veeram Infra Engineering IPO
Vinny Overseas IPO	B&B Triplewall IPO
Kritika Wires IPO	Sun Retail IPO
Silgo Retail IPO	Shubham Polyspin IPO
Marine Electricals IPO	Dolfin Rubbers IPO
Rajnandini Metal IPO	Kritika Wires IPO
Mindpool Technologies IPO	Silgo Retail IPO
A1 Acid IPO	Marine Electricals IPO
Innovative Ideals IPO	Parin Furniture IPO
Mac Hotels IPO	Rajnandini Metal IPO

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