E Factor Experiences IPO vs Vinyas Innovative Technologies IPO

Comparision between E Factor Experiences IPO and Vinyas Innovative Technologies IPO.

IPO Details

E Factor Experiences IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Vinyas Innovative Technologies IPO is a SME Book Built Issue proposed to list at NSE SME.

	E Factor Experiences IPO	Vinyas Innovative Technologies 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	Hem Securities Limited	Sarthi Capital Advisors Private Limited
Registrar	Maashitla Securities Private Limited	Skyline Financial Services Private Ltd
Market Maker	Hem Finlease Private Limited	Gretex Share Broking 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 E Factor Experiences IPO is up to ₹25.92 Cr whereas the issue size of the Vinyas Innovative Technologies IPO is up to ₹54.66 Cr. The final issue price of E Factor Experiences IPO is ₹75.00 per share and of Vinyas Innovative Technologies IPO is ₹165.00 per share.

	E Factor Experiences IPO	Vinyas Innovative Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹71.00 per share	₹162.00 per share
Issue Price (Upper)	₹75.00 per share	₹165.00 per share
Issue Price (Final)	₹75.00 per share	₹165.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	800 shares
Fresh Issue Size	34,56,000 shares	33,12,800 shares
Fresh Issue Size (Amount)	up to ₹25.92 Cr	up to ₹54.66 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	34,56,000 shares	33,12,800 shares
Issue Size Total (Amount)	up to ₹25.92 Cr	up to ₹54.66 Cr

IPO Timetable

E Factor Experiences IPO opens on Sep 27, 2023, while Vinyas Innovative Technologies IPO opens on Sep 27, 2023. The closing date of E Factor Experiences IPO and Vinyas Innovative Technologies IPO is Oct 03, 2023, and Oct 03, 2023, respectively.

	E Factor Experiences IPO	Vinyas Innovative Technologies IPO
Anchor Bid Date	Sep 26, 2023	Sep 26, 2023
Issue Open	Sep 27, 2023	Sep 27, 2023
Issue Close	Oct 03, 2023	Oct 03, 2023
Basis Of Allotment (Tentative)	Oct 06, 2023	Oct 04, 2023
Initiation of Refunds (Tentative)	Oct 07, 2023	Oct 05, 2023
Credit of Share (Tentative)	Oct 08, 2023	Oct 05, 2023
Listing date (Tentative)	Oct 09, 2023	Oct 06, 2023
Anchor Lockin End date 1	Nov 05, 2023	Nov 03, 2023
Anchor Lockin End date 2	Jan 04, 2024	Jan 02, 2024

Financials

E Factor Experiences IPO P/E ratio is 9.59, as compared to Vinyas Innovative Technologies IPO P/E ratio of 8.4.

E Factor Experiences IPO

Vinyas Innovative Technologies IPO

Financial

E Factor Experiences IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,581.94	4,916.87	5,674.80
Revenue	990.56	5,700.24	11,945.21
Profit After Tax	123.39	255.73	761.35
Net Worth	96.96	351.85	1,101.67
Reserves and Surplus	-247.04	5.36	138.46
Total Borrowing	683.23	590.95	912.74

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)

99.99%

39.87%

Promoter Shareholding (Post-Issue)

73.59%

29.37%

P/E Ratio

9.59

8.4

Market Cap

₹98.16 Cr.

₹207.65 Cr.

ROE

103.79%%

16.13%%

ROCE

54.85%%

35.20%%

Debt/Equity

0.83

1.88

EPS

₹7.82

₹19.62

RoNW

68.35%%

16.13%%

Shares Offered

In the E Factor Experiences IPO retail investors (RII) are offered 11,48,800 shares while in Vinyas Innovative Technologies IPO retail investors are offered 11,48,800 shares. Qualified institutional buyers (QIB) are offered 6,56,000 shares in E Factor Experiences IPO and 6,29,600 shares in Vinyas Innovative Technologies IPO.

	E Factor Experiences IPO	Vinyas Innovative Technologies IPO
Anchor Investor Reserveration	9,84,000 shares	9,43,200 shares
Market Maker Reserveration	1,74,400 shares	1,66,400 shares
QIB	6,56,000 shares	6,29,600 shares
NII	4,92,800 shares	4,72,000 shares
RII	11,48,800 shares	11,01,600 shares
Employee	0 shares	0 shares
Others
Total	22,97,600 shares	22,03,200 shares

Bids Received (Subscription)

E Factor Experiences IPO subscribed 73.14x in total, whereas Vinyas Innovative Technologies IPO subscribed 43.24x.

	E Factor Experiences IPO	Vinyas Innovative Technologies IPO
QIB (times)	46.09x	42.74x
NII (times)	168.26x	95.16x
Big NII (times)
Small NII (times)
RII (times)	47.78x	21.27x
Employee (times)
Other (times)
Total (times)	73.14x	43.24x

Compare with others

E Factor Experiences IPO	Vinyas Innovative Technologies IPO
Vinyas Innovative Technologies IPO	Vivaa Tradecom IPO
Plada Infotech Services IPO	Karnika Industries IPO
Sharp Chucks And Machines IPO	City Crops Agro IPO
Kontor Space IPO	Canarys Automations IPO
Vishnusurya Projects and Infra IPO	Oneclick Logistics India IPO
Rajgor Castor Derivatives IPO	Plada Infotech Services IPO
Arabian Petroleum IPO	Sharp Chucks And Machines IPO
Newjaisa Technologies IPO	Kontor Space IPO
Inspire Films IPO	Vishnusurya Projects and Infra IPO
Goyal Salt IPO	E Factor Experiences IPO

Comments

Add a public comment...