Comparison between Essen Speciality Films IPO and Veefin Solutions IPO.
Essen Speciality Films IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veefin Solutions IPO is a SME Fixed Price proposed to list at BSE SME.
| Essen Speciality Films IPO | Veefin Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | SMC Global Securities Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Essen Speciality Films IPO is up to ₹63.01 Cr whereas the issue size of the Veefin Solutions IPO is up to ₹44.37 Cr. The final issue price of Essen Speciality Films IPO is ₹107.00 per share and of Veefin Solutions IPO is ₹82.00 per share.
| Essen Speciality Films IPO | Veefin Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹101.00 per share | |
| Issue Price (Upper) | ₹107.00 per share | |
| Issue Price (Final) | ₹107.00 per share | ₹82.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 43,88,400 shares | 25,61,600 shares |
| Fresh Issue Size (Amount) | up to ₹46.96 Cr | up to ₹21.01 Cr |
| OFS Issue Size | 15,00,000 shares | 28,49,600 shares |
| OFS Issue Size (Amount) | up to ₹16.05 Cr | up to ₹23.37 Cr |
| Issue Size Total | 58,88,400 shares | 54,11,200 shares |
| Issue Size Total (Amount) | up to ₹63.01 Cr | up to ₹44.37 Cr |
Essen Speciality Films IPO opens on Jun 23, 2023, while Veefin Solutions IPO opens on Jun 22, 2023. The closing date of Essen Speciality Films IPO and Veefin Solutions IPO is Jun 27, 2023, and Jun 26, 2023, respectively.
| Essen Speciality Films IPO | Veefin Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Jun 22, 2023 | |
| Issue Open | Jun 23, 2023 | Jun 22, 2023 |
| Issue Close | Jun 27, 2023 | Jun 26, 2023 |
| Basis Of Allotment (Tentative) | Jul 03, 2023 | Jun 30, 2023 |
| Initiation of Refunds (Tentative) | Jul 04, 2023 | Jul 03, 2023 |
| Credit of Share (Tentative) | Jul 05, 2023 | Jul 04, 2023 |
| Listing date (Tentative) | Jul 06, 2023 | Jul 05, 2023 |
| Anchor Lockin End date 1 | Aug 02, 2023 | |
| Anchor Lockin End date 2 | Oct 01, 2023 |
Essen Speciality Films IPO P/E ratio is 16.5, as compared to Veefin Solutions IPO P/E ratio of 41.41.
| Essen Speciality Films IPO | Veefin Solutions IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
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| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 56.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70 | 39.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.5 | 41.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹220.00 Cr. | ₹173.74 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 17.08% | 13.42% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.19% | 11.32% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.08 | 0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.36 | ₹0.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.62% | 7.57% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Essen Speciality Films IPO Retail Individual Investors (RII) are offered 20,61,600 shares while in Veefin Solutions IPO retail investors are offered 20,61,600 shares. Qualified Institutional Buyers (QIB) are offered 11,77,200 shares in Essen Speciality Films IPO and in Veefin Solutions IPO.
| Essen Speciality Films IPO | Veefin Solutions IPO | |
|---|---|---|
| Anchor Investor Reserveration | 17,65,200 shares | |
| Market Maker Reserveration | 3,10,800 shares | 2,88,000 shares |
| QIB | 11,77,200 shares | |
| NII | 8,84,400 shares | 27,05,600 shares |
| RII | 20,61,600 shares | 27,05,600 shares |
| Employee | ||
| Others | ||
| Total | 58,88,400 shares | 54,11,200 shares |
Essen Speciality Films IPO subscribed 71.03x in total, whereas Veefin Solutions IPO subscribed 2.46x.
| Essen Speciality Films IPO | Veefin Solutions IPO | |
|---|---|---|
| QIB (times) | 45.26x | |
| NII (times) | 112.21x | 3.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 68.07x | 1.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 71.03x | 2.46x |
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