Comparison between Global Pet Industries IPO and Veefin Solutions IPO.
Global Pet Industries 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.
| Global Pet Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Global Pet Industries IPO is up to ₹12.55 Cr whereas the issue size of the Veefin Solutions IPO is up to ₹44.37 Cr. The final issue price of Global Pet Industries IPO is ₹49.00 per share and of Veefin Solutions IPO is ₹82.00 per share.
| Global Pet Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹49.00 per share | ₹82.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 25,62,000 shares | 25,61,600 shares |
| Fresh Issue Size (Amount) | up to ₹12.55 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 | 25,62,000 shares | 54,11,200 shares |
| Issue Size Total (Amount) | up to ₹12.55 Cr | up to ₹44.37 Cr |
Global Pet Industries IPO opens on Jun 28, 2023, while Veefin Solutions IPO opens on Jun 22, 2023. The closing date of Global Pet Industries IPO and Veefin Solutions IPO is Jul 03, 2023, and Jun 26, 2023, respectively.
| Global Pet Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 28, 2023 | Jun 22, 2023 |
| Issue Close | Jul 03, 2023 | Jun 26, 2023 |
| Basis Of Allotment (Tentative) | Jul 06, 2023 | Jun 30, 2023 |
| Initiation of Refunds (Tentative) | Jul 07, 2023 | Jul 03, 2023 |
| Credit of Share (Tentative) | Jul 10, 2023 | Jul 04, 2023 |
| Listing date (Tentative) | Jul 10, 2023 | Jul 05, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Global Pet Industries IPO P/E ratio is 23, as compared to Veefin Solutions IPO P/E ratio of 41.41.
| Global Pet Industries IPO | Veefin Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 56.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.41 | 39.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23 | 41.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹47.96 Cr. | ₹173.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.96 | 13.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.43 | 11.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.71 | ₹0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.84 | 7.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Global Pet Industries IPO Retail Individual Investors (RII) are offered 12,81,000 shares while in Veefin Solutions IPO retail investors are offered 12,81,000 shares. Qualified Institutional Buyers (QIB) are offered in Global Pet Industries IPO and in Veefin Solutions IPO.
| Global Pet Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,38,000 shares | 2,88,000 shares |
| QIB | ||
| NII | 12,81,000 shares | 27,05,600 shares |
| RII | 12,81,000 shares | 27,05,600 shares |
| Employee | ||
| Others | ||
| Total | 25,62,000 shares | 54,11,200 shares |
Global Pet Industries IPO subscribed 4.30x in total, whereas Veefin Solutions IPO subscribed 2.46x.
| Global Pet Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.44x | 3.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.14x | 1.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.30x | 2.46x |
