SAR Televenture IPO vs Vrundavan Plantation IPO

Comparision between SAR Televenture IPO and Vrundavan Plantation IPO.

IPO Details

SAR Televenture IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vrundavan Plantation IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	SAR Televenture IPO	Vrundavan Plantation 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	Pantomath Capital Advisors Pvt Ltd	Interactive Financial Services Ltd
Registrar	Skyline Financial Services Private Ltd	Kfin Technologies Limited
Market Maker	R.K.Stock Holding Private Limited	Nikunj Stock Brokers 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 SAR Televenture IPO is up to ₹24.75 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹15.29 Cr. The final issue price of SAR Televenture IPO is ₹55.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.

	SAR Televenture IPO	Vrundavan Plantation IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹52.00 per share
Issue Price (Upper)	₹55.00 per share
Issue Price (Final)	₹55.00 per share	₹108.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	45,00,000 shares	14,16,000 shares
Fresh Issue Size (Amount)	up to ₹24.75 Cr	up to ₹15.29 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	45,00,000 shares	14,16,000 shares
Issue Size Total (Amount)	up to ₹24.75 Cr	up to ₹15.29 Cr

IPO Timetable

SAR Televenture IPO opens on Nov 01, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of SAR Televenture IPO and Vrundavan Plantation IPO is Nov 03, 2023, and Nov 01, 2023, respectively.

	SAR Televenture IPO	Vrundavan Plantation IPO
Anchor Bid Date	Oct 31, 2023	Oct 30, 2023
Issue Open	Nov 01, 2023	Oct 30, 2023
Issue Close	Nov 03, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Nov 06, 2023	Nov 05, 2023
Initiation of Refunds (Tentative)	Nov 07, 2023	Nov 06, 2023
Credit of Share (Tentative)	Nov 07, 2023	Nov 06, 2023
Listing date (Tentative)	Nov 08, 2023	Nov 06, 2023
Anchor Lockin End date 1	Dec 06, 2023	Dec 05, 2023
Anchor Lockin End date 2	Feb 04, 2024	Feb 03, 2024

Financials

SAR Televenture IPO P/E ratio is 0.6, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.

SAR Televenture IPO

Vrundavan Plantation IPO

Financial

SAR Televenture Limited Financial Information (Restated Consolidated)

SAR Televenture Limited's revenue increased by 584.05% and profit after tax (PAT) rose by 10367.92% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,324.77	2,420.77	410.83	144.82
Revenue	1,735.35	3,251.63	475.35	90.71
Profit After Tax	192.38	388.36	3.71	-2.71
Net Worth	3,324.40	1,178.72	-7.74	-11.57
Reserves and Surplus	3,114.40	1,113.42	-11.91	-15.62
Total Borrowing	752.18	839.01	337.09	136.87
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)

87.80%

85.29%

Promoter Shareholding (Post-Issue)

62.65%

P/E Ratio

0.6

34.62

Market Cap

₹82.50 Cr.

₹57.59 Cr.

ROE

8.35%%

ROCE

6.71%%

Debt/Equity

0.65

0.47

EPS

₹91.08

₹0.52

RoNW

32.95%%

4.19%%

Shares Offered

In the SAR Televenture IPO retail investors (RII) are offered 15,00,000 shares while in Vrundavan Plantation IPO retail investors are offered 15,00,000 shares. Qualified institutional buyers (QIB) are offered 8,48,000 shares in SAR Televenture IPO and 0 shares in Vrundavan Plantation IPO.

	SAR Televenture IPO	Vrundavan Plantation IPO
Anchor Investor Reserveration	12,78,000 shares
Market Maker Reserveration	2,30,000 shares	72,000 shares
QIB	8,48,000 shares	0 shares
NII	6,50,000 shares	6,72,000 shares
RII	15,00,000 shares	6,72,000 shares
Employee	0 shares	0 shares
Others
Total	29,98,000 shares	13,44,000 shares

Bids Received (Subscription)

SAR Televenture IPO subscribed 288.09x in total, whereas Vrundavan Plantation IPO subscribed 18.57x.

	SAR Televenture IPO	Vrundavan Plantation IPO
QIB (times)	77.00x
NII (times)	715.77x	11.60x
Big NII (times)
Small NII (times)
RII (times)	222.10x	25.51x
Employee (times)
Other (times)
Total (times)	288.09x	18.57x

Compare with others

SAR Televenture IPO	Vrundavan Plantation IPO
ROX Hi-Tech IPO	Sunrest Lifescience IPO
Sunrest Lifescience IPO	Sheetal Universal IPO
Sheetal Universal IPO	Baba Food Processing IPO
Baba Food Processing IPO	Micropro Software Solutions IPO
Micropro Software Solutions IPO	SAR Televenture IPO
Vrundavan Plantation IPO	Mish Designs IPO
Mish Designs IPO	KK Shah Hospitals IPO
KK Shah Hospitals IPO	Transteel Seating Technologies IPO
Transteel Seating Technologies IPO	Benchmark Computer Solutions IPO
Benchmark Computer Solutions IPO	Maitreya Medicare Limited IPO

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