City Crops Agro IPO vs Vinyas Innovative Technologies IPO

Comparision between City Crops Agro IPO and Vinyas Innovative Technologies IPO.

IPO Details

City Crops Agro IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Vinyas Innovative Technologies IPO is a SME Book Built Issue proposed to list at NSE SME.

	City Crops Agro IPO	Vinyas Innovative Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Turnaround Corporate Advisors Private Limited	Sarthi Capital Advisors Private Limited
Registrar	Skyline Financial Services Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Mnm Stock Broking Private Limited	Gretex Share Broking 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 City Crops Agro IPO is up to ₹15.00 Cr whereas the issue size of the Vinyas Innovative Technologies IPO is up to ₹54.66 Cr. The final issue price of City Crops Agro IPO is ₹25.00 per share and of Vinyas Innovative Technologies IPO is ₹165.00 per share.

	City Crops Agro IPO	Vinyas Innovative Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹162.00 per share
Issue Price (Upper)		₹165.00 per share
Issue Price (Final)	₹25.00 per share	₹165.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	800 shares
Fresh Issue Size	60,00,000 shares	33,12,800 shares
Fresh Issue Size (Amount)	up to ₹15.00 Cr	up to ₹54.66 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	60,00,000 shares	33,12,800 shares
Issue Size Total (Amount)	up to ₹15.00 Cr	up to ₹54.66 Cr

IPO Timetable

City Crops Agro IPO opens on Sep 26, 2023, while Vinyas Innovative Technologies IPO opens on Sep 27, 2023. The closing date of City Crops Agro IPO and Vinyas Innovative Technologies IPO is Sep 29, 2023, and Oct 03, 2023, respectively.

	City Crops Agro IPO	Vinyas Innovative Technologies IPO
Anchor Bid Date		Sep 26, 2023
Issue Open	Sep 26, 2023	Sep 27, 2023
Issue Close	Sep 29, 2023	Oct 03, 2023
Basis Of Allotment (Tentative)	Oct 05, 2023	Oct 04, 2023
Initiation of Refunds (Tentative)	Oct 06, 2023	Oct 05, 2023
Credit of Share (Tentative)	Oct 09, 2023	Oct 05, 2023
Listing date (Tentative)	Oct 10, 2023	Oct 06, 2023
Anchor Lockin End date 1	Nov 04, 2023	Nov 03, 2023
Anchor Lockin End date 2	Jan 03, 2024	Jan 02, 2024

Financials

City Crops Agro IPO P/E ratio is 22.03, as compared to Vinyas Innovative Technologies IPO P/E ratio of 8.4.

City Crops Agro IPO

Vinyas Innovative Technologies IPO

Financial

City Crops Agro IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	246.99	1,298.96	1,402.71
Revenue	348.90	1,775.69	2,462.50
Profit After Tax	4.32	48.41	117.08
Net Worth	5.08	1,077.14	1,194.25
Reserves and Surplus	4.08	45.50	162.57
Total Borrowing	0.51	5.01	2.01

Amount in ₹ Lakhs

Vinyas Innovative Technologies IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	18,458.95	22,149.04	21,598.64
Revenue	20,780.50	21,216.30	23,885.41
Profit After Tax	123.15	100.88	734.34
Net Worth	3,069.38	3,144.74	4,522.99
Reserves and Surplus	2,695.17	2,770.54	4,178.79
Total Borrowing	9,365.89	9,542.58	8,571.01

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.51%

39.87%

Promoter Shareholding (Post-Issue)

54.70%

29.37%

P/E Ratio

22.03

8.4

Market Cap

₹40.79 Cr.

₹207.65 Cr.

ROE

16.13%%

ROCE

35.20%%

Debt/Equity

1.88

EPS

₹1.13

₹19.62

RoNW

9.80%%

16.13%%

Shares Offered

In the City Crops Agro IPO retail investors (RII) are offered 28,50,000 shares while in Vinyas Innovative Technologies IPO retail investors are offered 28,50,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in City Crops Agro IPO and 6,29,600 shares in Vinyas Innovative Technologies IPO.

	City Crops Agro IPO	Vinyas Innovative Technologies IPO
Anchor Investor Reserveration		9,43,200 shares
Market Maker Reserveration	3,00,000 shares	1,66,400 shares
QIB	0 shares	6,29,600 shares
NII	28,50,000 shares	4,72,000 shares
RII	28,50,000 shares	11,01,600 shares
Employee	0 shares	0 shares
Others
Total	57,00,000 shares	22,03,200 shares

Bids Received (Subscription)

City Crops Agro IPO subscribed 3.47x in total, whereas Vinyas Innovative Technologies IPO subscribed 43.24x.

	City Crops Agro IPO	Vinyas Innovative Technologies IPO
QIB (times)		42.74x
NII (times)	2.15x	95.16x
Big NII (times)
Small NII (times)
RII (times)	4.78x	21.27x
Employee (times)
Other (times)
Total (times)	3.47x	43.24x

Compare with others

City Crops Agro IPO	Vinyas Innovative Technologies IPO
On Door Concepts IPO	Vivaa Tradecom IPO
Arvind and Company Shipping Agencies IPO	Karnika Industries IPO
WomanCart IPO	City Crops Agro IPO
Vivaa Tradecom IPO	Canarys Automations IPO
Karnika Industries IPO	Oneclick Logistics India IPO
Canarys Automations IPO	Plada Infotech Services IPO
Oneclick Logistics India IPO	Sharp Chucks And Machines IPO
Vinyas Innovative Technologies IPO	Kontor Space IPO
Plada Infotech Services IPO	Vishnusurya Projects and Infra IPO
Sharp Chucks And Machines IPO	E Factor Experiences IPO

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