Benchmark Computer Solutions IPO vs Vrundavan Plantation IPO

Comparision between Benchmark Computer Solutions IPO and Vrundavan Plantation IPO.

IPO Details

Benchmark Computer Solutions IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Vrundavan Plantation IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Benchmark Computer Solutions IPO	Vrundavan Plantation IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Interactive Financial Services Ltd
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker	Spread X Securities Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Benchmark Computer Solutions IPO is up to ₹12.24 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹15.29 Cr. The final issue price of Benchmark Computer Solutions IPO is ₹66.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.

	Benchmark Computer Solutions IPO	Vrundavan Plantation IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹66.00 per share	₹108.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	18,54,000 shares	14,16,000 shares
Fresh Issue Size (Amount)	up to ₹12.24 Cr	up to ₹15.29 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,54,000 shares	14,16,000 shares
Issue Size Total (Amount)	up to ₹12.24 Cr	up to ₹15.29 Cr

IPO Timetable

Benchmark Computer Solutions IPO opens on Dec 14, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of Benchmark Computer Solutions IPO and Vrundavan Plantation IPO is Dec 18, 2023, and Nov 01, 2023, respectively.

	Benchmark Computer Solutions IPO	Vrundavan Plantation IPO
Anchor Bid Date		Oct 30, 2023
Issue Open	Dec 14, 2023	Oct 30, 2023
Issue Close	Dec 18, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Dec 19, 2023	Nov 05, 2023
Initiation of Refunds (Tentative)	Dec 20, 2023	Nov 06, 2023
Credit of Share (Tentative)	Dec 20, 2023	Nov 06, 2023
Listing date (Tentative)	Dec 21, 2023	Nov 06, 2023
Anchor Lockin End date 1	Jan 18, 2024	Dec 05, 2023
Anchor Lockin End date 2	Mar 18, 2024	Feb 03, 2024

Financials

Benchmark Computer Solutions IPO P/E ratio is 16.3, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.

Benchmark Computer Solutions IPO

Vrundavan Plantation IPO

Financial

Benchmark Computer Solutions Limited Financial Information (Restated)

Benchmark Computer Solutions Limited's revenue increased by 70.21% and profit after tax (PAT) rose by 145.43% 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	2,273.87	2,443.78	1,797.39	1,598.29
Revenue	1,322.52	3,241.49	1,904.38	1,508.39
Profit After Tax	95.67	202.87	82.66	96.77
Net Worth	1,385.18	1,289.51	1,086.64	1,000.92
Reserves and Surplus	884.18	1,288.51	1,085.64	999.92
Total Borrowing	524.84	553.07	434.68	413.13
Amount in ₹ Lakhs

Vrundavan Plantation Limited Financial Information (Restated)

Period Ended	31 May 2023
Assets	2,321.67
Revenue	180.68
Profit After Tax	17.33
Net Worth	413.82
Reserves and Surplus	22.15
Total Borrowing	17.47
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99%

85.29%

Promoter Shareholding (Post-Issue)

72.27%

62.65%

P/E Ratio

16.3

34.62

Market Cap

₹45.30 Cr.

₹57.59 Cr.

ROE

17.08%%

8.35%%

ROCE

18.88%%

6.71%%

Debt/Equity

0.43

0.47

EPS

₹4.05

₹0.52

RoNW

15.73%%

4.19%%

Shares Offered

In the Benchmark Computer Solutions IPO retail investors (RII) are offered 8,78,000 shares while in Vrundavan Plantation IPO retail investors are offered 8,78,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Benchmark Computer Solutions IPO and 0 shares in Vrundavan Plantation IPO.

	Benchmark Computer Solutions IPO	Vrundavan Plantation IPO
Anchor Investor Reserveration
Market Maker Reserveration	96,000 shares	72,000 shares
QIB	0 shares	0 shares
NII	8,80,000 shares	6,72,000 shares
RII	8,78,000 shares	6,72,000 shares
Employee	0 shares	0 shares
Others
Total	17,58,000 shares	13,44,000 shares

Bids Received (Subscription)

Benchmark Computer Solutions IPO subscribed 484.49x in total, whereas Vrundavan Plantation IPO subscribed 18.57x.

	Benchmark Computer Solutions IPO	Vrundavan Plantation IPO
QIB (times)
NII (times)	357.89x	11.60x
Big NII (times)
Small NII (times)
RII (times)	590.26x	25.51x
Employee (times)
Other (times)
Total (times)	484.49x	18.57x

Compare with others

Benchmark Computer Solutions IPO	Vrundavan Plantation IPO
SAR Televenture IPO	Sunrest Lifescience IPO
Vrundavan Plantation IPO	Sheetal Universal IPO
Mish Designs IPO	Baba Food Processing IPO
KK Shah Hospitals IPO	Micropro Software Solutions IPO
Transteel Seating Technologies IPO	SAR Televenture IPO
Maitreya Medicare Limited IPO	Mish Designs IPO
Shanthala FMCG Products IPO	KK Shah Hospitals IPO
Paragon Fine And Speciality Chemicals IPO	Transteel Seating Technologies IPO
On Door Concepts IPO	Benchmark Computer Solutions IPO
Arvind and Company Shipping Agencies IPO	Maitreya Medicare Limited IPO

Comments

Add a public comment...