Comparison between Alphalogic Industries IPO and Veefin Solutions IPO.
Alphalogic Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veefin Solutions IPO is a SME Fixed Price proposed to list at BSE SME.
| Alphalogic Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Shreni Shares Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Alphalogic Industries IPO is up to ₹12.23 Cr whereas the issue size of the Veefin Solutions IPO is up to ₹44.37 Cr. The final issue price of Alphalogic Industries IPO is ₹96.00 per share and of Veefin Solutions IPO is ₹82.00 per share.
| Alphalogic Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹96.00 per share | ₹82.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 12,74,400 shares | 25,61,600 shares |
| Fresh Issue Size (Amount) | up to ₹12.23 Cr | up to ₹21.01 Cr |
| OFS Issue Size | 0 shares | 28,49,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹23.37 Cr |
| Issue Size Total | 12,74,400 shares | 54,11,200 shares |
| Issue Size Total (Amount) | up to ₹12.23 Cr | up to ₹44.37 Cr |
Alphalogic Industries IPO opens on Jul 03, 2023, while Veefin Solutions IPO opens on Jun 22, 2023. The closing date of Alphalogic Industries IPO and Veefin Solutions IPO is Jul 06, 2023, and Jun 26, 2023, respectively.
| Alphalogic Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 03, 2023 | Jun 22, 2023 |
| Issue Close | Jul 06, 2023 | Jun 26, 2023 |
| Basis Of Allotment (Tentative) | Jul 11, 2023 | Jun 30, 2023 |
| Initiation of Refunds (Tentative) | Jul 12, 2023 | Jul 03, 2023 |
| Credit of Share (Tentative) | Jul 13, 2023 | Jul 04, 2023 |
| Listing date (Tentative) | Jul 14, 2023 | Jul 05, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Alphalogic Industries IPO P/E ratio is 22.3, as compared to Veefin Solutions IPO P/E ratio of 41.41.
| Alphalogic Industries IPO | Veefin Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 56.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.67 | 39.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 22.3 | 41.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹48.91 Cr. | ₹173.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 85 | 13.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 75 | 11.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.86 | 0.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹111.53 | ₹0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 50.60 | 7.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Alphalogic Industries IPO Retail Individual Investors (RII) are offered 5,71,200 shares while in Veefin Solutions IPO retail investors are offered 5,71,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Alphalogic Industries IPO and in Veefin Solutions IPO.
| Alphalogic Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 67,200 shares | 2,88,000 shares |
| QIB | 0 shares | |
| NII | 5,70,000 shares | 27,05,600 shares |
| RII | 5,71,200 shares | 27,05,600 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 12,74,400 shares | 54,11,200 shares |
Alphalogic Industries IPO subscribed 5.34x in total, whereas Veefin Solutions IPO subscribed 2.46x.
| Alphalogic Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.24x | 3.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.19x | 1.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.34x | 2.46x |
