B-Right Realestate IPO vs Veekayem Fashion IPO

Comparison between B-Right Realestate IPO and Veekayem Fashion IPO.

IPO Details

B-Right Realestate IPO is a SME Fixed Price IPO proposed to list at BSE 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 B-Right Realestate IPO is up to ₹42.13 Cr whereas the issue size of the Veekayem Fashion IPO is up to ₹4.21 Cr. The final issue price of B-Right Realestate IPO is ₹153.00 per share and of Veekayem Fashion IPO is ₹28.00 per share.

 B-Right Realestate IPOVeekayem Fashion IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹153.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size800 shares4000 shares
Fresh Issue Size27,53,600 shares15,04,000 shares
Fresh Issue Size (Amount)up to ₹42.13 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 Total27,53,600 shares15,04,000 shares
Issue Size Total (Amount)up to ₹42.13 Crup to ₹4.21 Cr

IPO Timetable

B-Right Realestate IPO opens on Jun 30, 2022, while Veekayem Fashion IPO opens on Aug 05, 2022. The closing date of B-Right Realestate IPO and Veekayem Fashion IPO is Jul 05, 2022, and Aug 11, 2022, respectively.

 B-Right Realestate IPOVeekayem Fashion IPO
Issue OpenJun 30, 2022Aug 05, 2022
Issue CloseJul 05, 2022Aug 11, 2022
Basis Of Allotment (Tentative)Jul 08, 2022Aug 17, 2022
Initiation of Refunds (Tentative)Jul 11, 2022Aug 18, 2022
Credit of Share (Tentative)Jul 12, 2022Aug 19, 2022
Listing date (Tentative)Jul 13, 2022Aug 22, 2022

Financials & KPIs

B-Right Realestate IPO P/E ratio is 164.52, as compared to Veekayem Fashion IPO P/E ratio of 8.72.

 B-Right Realestate IPOVeekayem Fashion IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 2020
Assets155.18134.42117.60
Total Income1.161.191.47
Profit After Tax0.720.580.87
NET Worth90.5389.8135.23
Reserves and Surplus89.6088.8834.60
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)99.98%54.31%
Promoter Shareholding (Post-Issue)71.92%39.67%
P/E Ratio164.528.72
Market Cap₹158.07 Cr.₹16.45 Cr.
Debt/Equity0.29
EPS₹9.28₹4.39
RoNW0.656.09

Shares Offered

In the B-Right Realestate IPO Retail Individual Investors (RII) are offered 13,76,800 shares while in Veekayem Fashion IPO retail investors are offered 13,76,800 shares. Qualified Institutional Buyers (QIB) are offered in B-Right Realestate IPO and in Veekayem Fashion IPO.

 B-Right Realestate IPOVeekayem Fashion IPO
Market Maker Reservation1,45,600 shares80,000 shares
NII13,76,800 shares7,52,000 shares
RII13,76,800 shares7,52,000 shares
Total27,53,600 shares15,04,000 shares

Bids Received (Subscription)

B-Right Realestate IPO subscribed 1.21x in total, whereas Veekayem Fashion IPO subscribed 301.47x.

 B-Right Realestate IPOVeekayem Fashion IPO
NII (times)1.82x355.85x
RII (times)0.60x247.09x
Total (times)1.21x301.47x

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