Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Alphalogic Industries IPO vs Veefin Solutions IPO

Comparison between Alphalogic Industries IPO and Veefin Solutions IPO.

IPO Details

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 IPOVeefin Solutions IPO
LogoAlphalogic Industries IPO LogoVeefin Solutions IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFinshore Management Services Ltd.Shreni Shares Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOVeefin 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 Size1200 shares1600 shares
Fresh Issue Size12,74,400 shares25,61,600 shares
Fresh Issue Size (Amount)up to ₹12.23 Crup to ₹21.01 Cr
OFS Issue Size0 shares28,49,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹23.37 Cr
Issue Size Total12,74,400 shares54,11,200 shares
Issue Size Total (Amount)up to ₹12.23 Crup to ₹44.37 Cr

IPO Timetable

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 IPOVeefin Solutions IPO
Anchor Bid Date
Issue OpenJul 03, 2023Jun 22, 2023
Issue CloseJul 06, 2023Jun 26, 2023
Basis Of Allotment (Tentative)Jul 11, 2023Jun 30, 2023
Initiation of Refunds (Tentative)Jul 12, 2023Jul 03, 2023
Credit of Share (Tentative)Jul 13, 2023Jul 04, 2023
Listing date (Tentative)Jul 14, 2023Jul 05, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Alphalogic Industries IPO P/E ratio is 22.3, as compared to Veefin Solutions IPO P/E ratio of 41.41.

 Alphalogic Industries IPOVeefin Solutions IPO
Financials
Alphalogic Industries Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-2176.90322.338.2918.298.2955.75
31-Mar-22373.94784.3330.5185.4665.85168.24
31-Mar-23917.731,823.14219.41433.58402.30370.83
Amount in ₹ Lakhs
Veefin Solutions Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-221,607.93655.1970.01925.10923.86346.32
31-Jan-234,821.701,262.36350.024,293.212,459.4350.81
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0056.26
Promoter Shareholding (Post-Issue)73.6739.84
P/E Ratio22.341.41
Market Cap₹48.91 Cr.₹173.74 Cr.
ROE0.8513.42%
ROCE0.7511.32%
Debt/Equity0.860.01
EPS₹111.53₹0.48
RoNW50.60%7.57%

Shares Offered

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 IPOVeefin Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration67,200 shares2,88,000 shares
QIB0 shares
NII5,70,000 shares27,05,600 shares
RII5,71,200 shares27,05,600 shares
Employee0 shares
Others
Total12,74,400 shares54,11,200 shares

Bids Received (Subscription)

Alphalogic Industries IPO subscribed 5.34x in total, whereas Veefin Solutions IPO subscribed 2.46x.

 Alphalogic Industries IPOVeefin Solutions IPO
QIB (times)
NII (times)4.24x3.26x
Big NII (times)
Small NII (times)
RII (times)5.19x1.65x
Employee (times)
Other (times)
Total (times)5.34x2.46x