Clara Industries IPO vs Wherrelz IT Solutions IPO

Comparison between Clara Industries IPO and Wherrelz IT Solutions IPO.

IPO Details

Clara Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Wherrelz IT Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Clara Industries IPO is up to ₹2.86 Cr whereas the issue size of the Wherrelz IT Solutions IPO is up to ₹1.89 Cr. The final issue price of Clara Industries IPO is ₹43.00 per share and of Wherrelz IT Solutions IPO is ₹171.00 per share.

 Clara Industries IPOWherrelz IT Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹43.00 per share₹171.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares800 shares
Fresh Issue Size6,66,000 shares1,10,400 shares
Fresh Issue Size (Amount)up to ₹2.86 Crup to ₹1.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total6,66,000 shares1,10,400 shares
Issue Size Total (Amount)up to ₹2.86 Crup to ₹1.89 Cr

IPO Timetable

Clara Industries IPO opens on Dec 16, 2021, while Wherrelz IT Solutions IPO opens on Dec 16, 2021. The closing date of Clara Industries IPO and Wherrelz IT Solutions IPO is Dec 21, 2021, and Dec 21, 2021, respectively.

 Clara Industries IPOWherrelz IT Solutions IPO
Issue OpenDec 16, 2021Dec 16, 2021
Issue CloseDec 21, 2021Dec 21, 2021
Basis Of Allotment (Tentative)Dec 24, 2021Dec 24, 2021
Initiation of Refunds (Tentative)Dec 27, 2021Dec 27, 2021
Credit of Share (Tentative)Dec 28, 2021Dec 28, 2021
Listing date (Tentative)Dec 29, 2021Dec 29, 2021

Financials & KPIs

Clara Industries IPO P/E ratio is , as compared to Wherrelz IT Solutions IPO P/E ratio of .

 Clara Industries IPOWherrelz IT Solutions IPO
Financials

Company Financials (Restated)

Period Ended18 Nov 2021
Assets4.67
Total Income0.63
Profit After Tax0.30
EBITDA0.42
NET Worth1.89
Reserves and Surplus1.63
Total Borrowing0.85
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 202431 Mar 202131 Mar 202031 Mar 2019
Assets0.220.120.110.08
Total Income0.070.200.220.20
Profit After Tax-0.150.010.030.01
EBITDA-0.160.030.050.02
NET Worth0.190.110.100.07
Reserves and Surplus-0.130.060.050.06
Total Borrowing0.010.010.010.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%29.41%
Promoter Shareholding (Post-Issue)71.7%20.53%
Market Cap₹10.67 Cr.₹6.66 Cr.

Shares Offered

In the Clara Industries IPO Retail Individual Investors (RII) are offered 3,33,000 shares while in Wherrelz IT Solutions IPO retail investors are offered 3,33,000 shares. Qualified Institutional Buyers (QIB) are offered in Clara Industries IPO and in Wherrelz IT Solutions IPO.

 Clara Industries IPOWherrelz IT Solutions IPO
Market Maker Reservation36,000 shares7,200 shares
NII3,33,000 shares55,200 shares
RII3,33,000 shares55,200 shares
Total6,66,000 shares1,10,400 shares

Bids Received (Subscription)

Clara Industries IPO subscribed 1.53x in total, whereas Wherrelz IT Solutions IPO subscribed 2.25x.

 Clara Industries IPOWherrelz IT Solutions IPO
NII (times)1.51x1.65x
RII (times)1.55x2.86x
Total (times)1.53x2.25x

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