Agni Green Power IPO vs Veekayem Fashion IPO

Comparison between Agni Green Power IPO and Veekayem Fashion IPO.

IPO Details

Agni Green Power IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veekayem Fashion IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Agni Green Power IPO is up to ₹4.98 Cr whereas the issue size of the Veekayem Fashion IPO is up to ₹4.21 Cr. The final issue price of Agni Green Power IPO is ₹10.00 per share and of Veekayem Fashion IPO is ₹28.00 per share.

 Agni Green Power IPOVeekayem Fashion IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares4000 shares
Fresh Issue Size49,80,000 shares15,04,000 shares
Fresh Issue Size (Amount)up to ₹4.98 Crup to ₹4.21 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total49,80,000 shares15,04,000 shares
Issue Size Total (Amount)up to ₹4.98 Crup to ₹4.21 Cr

IPO Timetable

Agni Green Power IPO opens on Jul 20, 2022, while Veekayem Fashion IPO opens on Aug 05, 2022. The closing date of Agni Green Power IPO and Veekayem Fashion IPO is Jul 22, 2022, and Aug 11, 2022, respectively.

 Agni Green Power IPOVeekayem Fashion IPO
Issue OpenJul 20, 2022Aug 05, 2022
Issue CloseJul 22, 2022Aug 11, 2022
Basis Of Allotment (Tentative)Jul 27, 2022Aug 17, 2022
Initiation of Refunds (Tentative)Jul 28, 2022Aug 18, 2022
Credit of Share (Tentative)Jul 29, 2022Aug 19, 2022
Listing date (Tentative)Aug 01, 2022Aug 22, 2022

Financials & KPIs

Agni Green Power IPO P/E ratio is 250, as compared to Veekayem Fashion IPO P/E ratio of 8.72.

 Agni Green Power IPOVeekayem Fashion IPO
Financials

Company Financials (Restated)

Period Ended31 Jan 202231 Mar 202131 Mar 202031 Mar 2019
Assets44.0546.4945.3046.02
Total Income7.1235.2723.2431.73
Profit After Tax0.070.110.102.23
NET Worth26.4726.4026.2926.19
Reserves and Surplus12.1919.2619.1519.05
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets132.67123.52120.90117.89
Total Income149.4776.70215.71203.17
Profit After Tax1.890.351.092.28
NET Worth30.9529.0528.7029.73
Reserves and Surplus26.6624.7624.4023.31
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.5%54.31%
Promoter Shareholding (Post-Issue)70.57%39.67%
P/E Ratio2508.72
Market Cap₹19.54 Cr.₹16.45 Cr.
EPS₹0.15₹4.39
RoNW0.46.09

Shares Offered

In the Agni Green Power IPO Retail Individual Investors (RII) are offered 24,90,000 shares while in Veekayem Fashion IPO retail investors are offered 24,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Agni Green Power IPO and in Veekayem Fashion IPO.

 Agni Green Power IPOVeekayem Fashion IPO
Market Maker Reservation2,70,000 shares80,000 shares
NII24,90,000 shares7,52,000 shares
RII24,90,000 shares7,52,000 shares
Total49,80,000 shares15,04,000 shares

Bids Received (Subscription)

Agni Green Power IPO subscribed 73.66x in total, whereas Veekayem Fashion IPO subscribed 301.47x.

 Agni Green Power IPOVeekayem Fashion IPO
NII (times)107.40x355.85x
RII (times)39.92x247.09x
Total (times)73.66x301.47x

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