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Global Pet Industries IPO vs Veefin Solutions IPO

Comparison between Global Pet Industries IPO and Veefin Solutions IPO.

IPO Details

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 IPOVeefin Solutions IPO
LogoGlobal Pet Industries IPO LogoVeefin Solutions IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersShreni Shares Ltd.Shreni Shares Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShreni Shares Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOVeefin 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 Size3000 shares1600 shares
Fresh Issue Size25,62,000 shares25,61,600 shares
Fresh Issue Size (Amount)up to ₹12.55 Crup to ₹21.01 Cr
OFS Issue Size0 shares28,49,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹23.37 Cr
Issue Size Total25,62,000 shares54,11,200 shares
Issue Size Total (Amount)up to ₹12.55 Crup to ₹44.37 Cr

IPO Timetable

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 IPOVeefin Solutions IPO
Anchor Bid Date
Issue OpenJun 28, 2023Jun 22, 2023
Issue CloseJul 03, 2023Jun 26, 2023
Basis Of Allotment (Tentative)Jul 06, 2023Jun 30, 2023
Initiation of Refunds (Tentative)Jul 07, 2023Jul 03, 2023
Credit of Share (Tentative)Jul 10, 2023Jul 04, 2023
Listing date (Tentative)Jul 10, 2023Jul 05, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Global Pet Industries IPO P/E ratio is 23, as compared to Veefin Solutions IPO P/E ratio of 41.41.

 Global Pet Industries IPOVeefin Solutions IPO
Financials
Global Pet Industries Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201,063.022,001.9294.63446.00401.7124.26
31-Mar-211,592.782,285.83142.49588.50544.20
31-Mar-221,679.122,800.45115.96704.45660.16
31-Dec-222,240.272,305.71156.16860.61816.31
Amount in ₹ Lakhs
Veefin Solutions Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-221,607.93655.1970.01925.10923.86346.32
31-Jan-234,821.701,262.36350.024,293.212,459.4350.81
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0056.26
Promoter Shareholding (Post-Issue)72.4139.84
P/E Ratio2341.41
Market Cap₹47.96 Cr.₹173.74 Cr.
ROE19.96%13.42%
ROCE14.43%11.32%
Debt/Equity0.01
EPS₹1.71₹0.48
RoNW19.84%7.57%

Shares Offered

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 IPOVeefin Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration1,38,000 shares2,88,000 shares
QIB
NII12,81,000 shares27,05,600 shares
RII12,81,000 shares27,05,600 shares
Employee
Others
Total25,62,000 shares54,11,200 shares

Bids Received (Subscription)

Global Pet Industries IPO subscribed 4.30x in total, whereas Veefin Solutions IPO subscribed 2.46x.

 Global Pet Industries IPOVeefin Solutions IPO
QIB (times)
NII (times)4.44x3.26x
Big NII (times)
Small NII (times)
RII (times)4.14x1.65x
Employee (times)
Other (times)
Total (times)4.30x2.46x