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.
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 IPO | Veefin Solutions IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹96.00 per share | ₹82.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| 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 |
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 IPO | Veefin Solutions IPO |
|---|
| 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 |
Financials & KPIs
Alphalogic Industries IPO P/E ratio is 22.3, as compared to Veefin Solutions IPO P/E ratio of 41.41.
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 0 shares in Veefin Solutions IPO.
| | Alphalogic Industries IPO | Veefin Solutions IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 67,200 shares | 2,88,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 5,70,000 shares | 27,05,600 shares |
| RII | 5,71,200 shares | 27,05,600 shares |
| Employee | 0 shares | 0 shares |
| Total | 12,74,400 shares | 54,11,200 shares |
Bids Received (Subscription)
Alphalogic Industries IPO subscribed 4.76x in total, whereas Veefin Solutions IPO subscribed 2.45x.
