Comparison between Containe Technologies IPO and Varanium Cloud IPO.
IPO Details
Containe Technologies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Varanium Cloud IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Containe Technologies IPO is up to ₹2.48 Cr whereas the issue size of the Varanium Cloud IPO is up to ₹30.67 Cr. The final issue price of Containe Technologies IPO is ₹15.00 per share and of Varanium Cloud IPO is ₹122.00 per share.
IPO Timetable
Containe Technologies IPO opens on Sep 20, 2022, while Varanium Cloud IPO opens on Sep 16, 2022. The closing date of Containe Technologies IPO and Varanium Cloud IPO is Sep 22, 2022, and Sep 20, 2022, respectively.
| | Containe Technologies IPO | Varanium Cloud IPO |
|---|
| Issue Open | Sep 20, 2022 | Sep 16, 2022 |
| Issue Close | Sep 22, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Sep 27, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Sep 28, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Sep 29, 2022 | Sep 27, 2022 |
| Listing date (Tentative) | Sep 30, 2022 | Sep 27, 2022 |
Financials & KPIs
Containe Technologies IPO P/E ratio is 214, as compared to Varanium Cloud IPO P/E ratio of 14.59.
Shares Offered
In the Containe Technologies IPO Retail Individual Investors (RII) are offered 8,32,000 shares while in Varanium Cloud IPO retail investors are offered 8,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Containe Technologies IPO and 0 shares in Varanium Cloud IPO.
| | Containe Technologies IPO | Varanium Cloud IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 88,000 shares | 4,86,000 shares |
| QIB | | 0 shares |
| NII | 8,24,000 shares | 12,57,000 shares |
| RII | 8,32,000 shares | 12,57,000 shares |
| Employee | | 0 shares |
| Total | 16,56,000 shares | 25,14,000 shares |
Bids Received (Subscription)
Containe Technologies IPO subscribed 121.31x in total, whereas Varanium Cloud IPO subscribed 5.46x.