Vinyas Innovative Technologies IPO vs Vivaa Tradecom IPO

Comparision between Vinyas Innovative Technologies IPO and Vivaa Tradecom IPO.

IPO Details

Vinyas Innovative Technologies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vivaa Tradecom IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Vinyas Innovative Technologies IPO	Vivaa Tradecom IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Sarthi Capital Advisors Private Limited	Interactive Financial Services Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Gretex Share Broking Private Limited	Asnani Stock Broker 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 Vinyas Innovative Technologies IPO is up to ₹54.66 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.99 Cr. The final issue price of Vinyas Innovative Technologies IPO is ₹165.00 per share and of Vivaa Tradecom IPO is ₹51.00 per share.

	Vinyas Innovative Technologies IPO	Vivaa Tradecom 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)	₹165.00 per share	₹51.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	2000 shares
Fresh Issue Size	33,12,800 shares	15,66,000 shares
Fresh Issue Size (Amount)	up to ₹54.66 Cr	up to ₹7.99 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	33,12,800 shares	15,66,000 shares
Issue Size Total (Amount)	up to ₹54.66 Cr	up to ₹7.99 Cr

IPO Timetable

Vinyas Innovative Technologies IPO opens on Sep 27, 2023, while Vivaa Tradecom IPO opens on Sep 27, 2023. The closing date of Vinyas Innovative Technologies IPO and Vivaa Tradecom IPO is Oct 03, 2023, and Oct 04, 2023, respectively.

	Vinyas Innovative Technologies IPO	Vivaa Tradecom IPO
Anchor Bid Date	Sep 26, 2023
Issue Open	Sep 27, 2023	Sep 27, 2023
Issue Close	Oct 03, 2023	Oct 04, 2023
Basis Of Allotment (Tentative)	Oct 04, 2023	Oct 09, 2023
Initiation of Refunds (Tentative)	Oct 05, 2023	Oct 10, 2023
Credit of Share (Tentative)	Oct 05, 2023	Oct 11, 2023
Listing date (Tentative)	Oct 06, 2023	Oct 12, 2023
Anchor Lockin End date 1	Nov 03, 2023	Nov 08, 2023
Anchor Lockin End date 2	Jan 02, 2024	Jan 07, 2024

Financials

Vinyas Innovative Technologies IPO P/E ratio is 8.4, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.

Vinyas Innovative Technologies IPO

Vivaa Tradecom IPO

Financial

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

Vivaa Tradecom IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	9,430.20	9,803.46	4,918.80
Revenue	14,734.56	24,728.70	13,402.83
Profit After Tax	-6.48	44.39	25.48
Net Worth	1,118.58	1,162.97	1,211.70
Reserves and Surplus	1,116.26	1,160.65	974.55
Total Borrowing	1,354.91	1,113.05	457.36

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

39.87%

50%

Promoter Shareholding (Post-Issue)

29.37%

30.11%

P/E Ratio

8.4

47.66

Market Cap

₹207.65 Cr.

₹20.08 Cr.

ROE

16.13%%

ROCE

35.20%%

Debt/Equity

1.88

0.38

EPS

₹19.62

₹11.07

RoNW

16.13%%

2.10%%

Shares Offered

In the Vinyas Innovative Technologies IPO retail investors (RII) are offered 11,01,600 shares while in Vivaa Tradecom IPO retail investors are offered 11,01,600 shares. Qualified institutional buyers (QIB) are offered 6,29,600 shares in Vinyas Innovative Technologies IPO and 0 shares in Vivaa Tradecom IPO.

	Vinyas Innovative Technologies IPO	Vivaa Tradecom IPO
Anchor Investor Reserveration	9,43,200 shares
Market Maker Reserveration	1,66,400 shares	82,000 shares
QIB	6,29,600 shares	0 shares
NII	4,72,000 shares	7,42,000 shares
RII	11,01,600 shares	7,42,000 shares
Employee	0 shares	0 shares
Others
Total	22,03,200 shares	14,84,000 shares

Bids Received (Subscription)

Vinyas Innovative Technologies IPO subscribed 43.24x in total, whereas Vivaa Tradecom IPO subscribed 1.81x.

	Vinyas Innovative Technologies IPO	Vivaa Tradecom IPO
QIB (times)	42.74x
NII (times)	95.16x	0.70x
Big NII (times)
Small NII (times)
RII (times)	21.27x	2.86x
Employee (times)
Other (times)
Total (times)	43.24x	1.81x

Compare with others

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E Factor Experiences IPO	Vinyas Innovative Technologies IPO

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