Omfurn India FPO vs Vishwas Agri Seeds IPO

Comparision between Omfurn India FPO and Vishwas Agri Seeds IPO.

IPO Details

Omfurn India FPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vishwas Agri Seeds IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Omfurn India FPO	Vishwas Agri Seeds IPO
Logo
Issue Category	SME	SME
Issue Type	FPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Isk Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Gretex Share Broking Private Limited	Sunflower 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 Omfurn India FPO is up to ₹27.00 Cr whereas the issue size of the Vishwas Agri Seeds IPO is up to ₹25.80 Cr. The final issue price of Omfurn India FPO is ₹75.00 per share and of Vishwas Agri Seeds IPO is ₹86.00 per share.

	Omfurn India FPO	Vishwas Agri Seeds IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹71.00 per share
Issue Price (Upper)	₹75.00 per share
Issue Price (Final)	₹75.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2400 shares	1600 shares
Fresh Issue Size	36,00,000 shares	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹27.00 Cr	up to ₹25.80 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,00,000 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹27.00 Cr	up to ₹25.80 Cr

IPO Timetable

Omfurn India FPO opens on Mar 20, 2024, while Vishwas Agri Seeds IPO opens on Mar 21, 2024. The closing date of Omfurn India FPO and Vishwas Agri Seeds IPO is Mar 22, 2024, and Mar 26, 2024, respectively.

	Omfurn India FPO	Vishwas Agri Seeds IPO
Anchor Bid Date	Mar 19, 2024
Issue Open	Mar 20, 2024	Mar 21, 2024
Issue Close	Mar 22, 2024	Mar 26, 2024
Basis Of Allotment (Tentative)	Mar 26, 2024	Mar 27, 2024
Initiation of Refunds (Tentative)	Mar 27, 2024	Mar 28, 2024
Credit of Share (Tentative)	Mar 27, 2024	Mar 28, 2024
Listing date (Tentative)	Mar 28, 2024	Apr 01, 2024
Anchor Lockin End date 1	Apr 25, 2024
Anchor Lockin End date 2	Jun 24, 2024

Financials

Omfurn India FPO P/E ratio is 14.78, as compared to Vishwas Agri Seeds IPO P/E ratio of 5.06.

Omfurn India FPO

Vishwas Agri Seeds IPO

Financial

Omfurn India Limited FPO Financial Information (Restated)

Omfurn India Limited FPO's revenue increased by 120.08% and profit after tax (PAT) rose by 593.65% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,825.97	5,716.59	4,766.30	4,665.35
Revenue	4,474.78	7,108.10	3,229.79	2,184.54
Profit After Tax	289.16	414.87	59.81	-99.41
Net Worth	2,862.95	2,573.79	2,158.92	2,099.11
Reserves and Surplus	2,181.75	1,892.59	1,477.72	1,417.91
Total Borrowing	1,890.41	1,138.10	1,595.16	1,585.99
Amount in ₹ Lakhs

Vishwas Agri Seeds Limited Financial Information (Restated Standalone)

Vishwas Agri Seeds Limited's revenue increased by 0.72% and profit after tax (PAT) rose by 115.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,071.95	5,351.89	3,362.93	2,095.59
Revenue	4,247.49	6,532.18	6,485.80	5,382.66
Profit After Tax	451.01	534.14	247.94	116.30
Net Worth	1,883.90	1,432.89	478.75	200.81
Reserves and Surplus	1,183.90	732.89	398.75	150.81
Total Borrowing	2,862.87	1,877.88	1,697.17	1,275.08
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

73.40%

100.00%

Promoter Shareholding (Post-Issue)

50.96%

70.00%

P/E Ratio

14.78

5.06

Market Cap

₹88.31 Cr.

₹86.00 Cr.

ROE

10.10%%

27.20%%

ROCE

10.28%%

14.60%%

Debt/Equity

EPS

₹5.08

₹16.98

RoNW

10.10%%

23.94%%

Shares Offered

In the Omfurn India FPO retail investors (RII) are offered 11,97,600 shares while in Vishwas Agri Seeds IPO retail investors are offered 11,97,600 shares. Qualified institutional buyers (QIB) are offered 11,73,600 shares in Omfurn India FPO and 0 shares in Vishwas Agri Seeds IPO.

	Omfurn India FPO	Vishwas Agri Seeds IPO
Anchor Investor Reserveration	5,35,200 shares
Market Maker Reserveration	1,80,000 shares	1,52,000 shares
QIB	11,73,600 shares	0 shares
NII	5,13,600 shares	14,24,000 shares
RII	11,97,600 shares	14,24,000 shares
Employee	0 shares	0 shares
Others
Total	28,84,800 shares	28,48,000 shares

Bids Received (Subscription)

Omfurn India FPO subscribed 3.57x in total, whereas Vishwas Agri Seeds IPO subscribed 12.21x.

	Omfurn India FPO	Vishwas Agri Seeds IPO
QIB (times)	1.00x
NII (times)	3.02x	12.80x
Big NII (times)
Small NII (times)
RII (times)	6.33x	11.57x
Employee (times)
Other (times)
Total (times)	3.57x	12.21x

Compare with others

Omfurn India FPO	Vishwas Agri Seeds IPO
Radiowalla IPO	Aspire & Innovative IPO
Aspire & Innovative IPO	Blue Pebble IPO
Blue Pebble IPO	Vruddhi Engineering Works IPO
Vruddhi Engineering Works IPO	Naman In-Store (India) IPO
Naman In-Store (India) IPO	Omfurn India FPO
Vishwas Agri Seeds IPO	Chatha Foods IPO
Chatha Foods IPO	Enser Communications IPO
Enser Communications IPO	Enfuse Solutions IPO
Enfuse Solutions IPO	KP Green Engineering IPO
KP Green Engineering IPO	Royal Sense IPO

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