Chatha Foods IPO vs Vruddhi Engineering Works IPO

Comparision between Chatha Foods IPO and Vruddhi Engineering Works IPO.

IPO Details

Chatha Foods IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Vruddhi Engineering Works IPO is a SME Book Built Issue proposed to list at BSE SME.

	Chatha Foods IPO	Vruddhi Engineering Works IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Indorient Financial Services Ltd	Fedex Securities�Pvt Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Alacrity Securities Ltd.	Rikhav Securities 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 Chatha Foods IPO is up to ₹34.00 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.76 Cr. The final issue price of Chatha Foods IPO is ₹56.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.

	Chatha Foods IPO	Vruddhi Engineering Works IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹53.00 per share	₹66.00 per share
Issue Price (Upper)	₹56.00 per share	₹70.00 per share
Issue Price (Final)	₹56.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	59,62,000 shares	6,80,000 shares
Fresh Issue Size (Amount)	up to ₹34.00 Cr	up to ₹4.76 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	59,62,000 shares	6,80,000 shares
Issue Size Total (Amount)	up to ₹34.00 Cr	up to ₹4.76 Cr

IPO Timetable

Chatha Foods IPO opens on Mar 19, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of Chatha Foods IPO and Vruddhi Engineering Works IPO is Mar 21, 2024, and Mar 28, 2024, respectively.

	Chatha Foods IPO	Vruddhi Engineering Works IPO
Anchor Bid Date	Mar 18, 2024
Issue Open	Mar 19, 2024	Mar 26, 2024
Issue Close	Mar 21, 2024	Mar 28, 2024
Basis Of Allotment (Tentative)	Mar 26, 2024	Apr 01, 2024
Initiation of Refunds (Tentative)	Mar 27, 2024	Apr 02, 2024
Credit of Share (Tentative)	Mar 27, 2024	Apr 02, 2024
Listing date (Tentative)	Mar 27, 2024	Apr 03, 2024
Anchor Lockin End date 1	Apr 25, 2024
Anchor Lockin End date 2	Jun 24, 2024

Financials

Chatha Foods IPO P/E ratio is 37.76, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.

Chatha Foods IPO

Vruddhi Engineering Works IPO

Financial

Chatha Foods Limited Financial Information (Restated)

Chatha Foods Limited's revenue increased by 34.14% and profit after tax (PAT) rose by 264.66% 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	5,827.62	5,141.94	4,830.31	4,330.28
Revenue	7,078.03	11,724.23	8,740.31	6,119.03
Profit After Tax	341.04	245.20	67.24	-400.35
Net Worth	2,516.15	2,175.12	1,929.93	1,862.68
Reserves and Surplus	862.66	935.00	689.81	622.56
Total Borrowing	987.96	1,060.19	1,101.33	1,065.03
Amount in ₹ Lakhs

Vruddhi Engineering Works Limited Financial Information (Restated)

Vruddhi Engineering Works Limited's revenue increased by 493.53% and profit after tax (PAT) rose by 697.99% 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	808.58	782.33	100.14	3.02
Revenue	935.36	1,309.62	220.65	0.44
Profit After Tax	41.01	75.33	9.44	-0.88
Net Worth	253.13	212.12	9.56	0.12
Reserves and Surplus	68.77	118.55	8.56	-0.88
Total Borrowing	301.91	323.37	47.49	2.22
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

81.36%

96.34%

Promoter Shareholding (Post-Issue)

P/E Ratio

37.76

17.13

Market Cap

₹125.98 Cr.

₹17.67 Cr.

ROE

14.54%%

16.20%%

ROCE

14.81%%

15.53%%

Debt/Equity

0.39

1.19

EPS

₹1.48

₹4.09

RoNW

14.54%%

16.20%%

Shares Offered

In the Chatha Foods IPO retail investors (RII) are offered 19,82,000 shares while in Vruddhi Engineering Works IPO retail investors are offered 19,82,000 shares. Qualified institutional buyers (QIB) are offered 11,32,000 shares in Chatha Foods IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.

	Chatha Foods IPO	Vruddhi Engineering Works IPO
Anchor Investor Reserveration	16,98,000 shares
Market Maker Reserveration	3,00,000 shares	36,000 shares
QIB	11,32,000 shares	3,20,000 shares
NII	8,50,000 shares	98,000 shares
RII	19,82,000 shares	2,26,000 shares
Employee	0 shares	0 shares
Others
Total	39,64,000 shares

Bids Received (Subscription)

Chatha Foods IPO subscribed 19.28x in total, whereas Vruddhi Engineering Works IPO subscribed 12.67x.

	Chatha Foods IPO	Vruddhi Engineering Works IPO
QIB (times)	8.54x	1.05x
NII (times)	44.52x	28.14x
Big NII (times)
Small NII (times)
RII (times)	14.60x	20.10x
Employee (times)
Other (times)
Total (times)	19.28x	12.67x

Compare with others

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