Comparison between Greenhitech Ventures IPO and Varyaa Creations IPO.
IPO Details
Greenhitech Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Varyaa Creations IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Greenhitech Ventures IPO is up to ₹5.97 Cr whereas the issue size of the Varyaa Creations IPO is up to ₹19.05 Cr. The final issue price of Greenhitech Ventures IPO is ₹50.00 per share and of Varyaa Creations IPO is ₹150.00 per share.
IPO Timetable
Greenhitech Ventures IPO opens on Apr 12, 2024, while Varyaa Creations IPO opens on Apr 22, 2024. The closing date of Greenhitech Ventures IPO and Varyaa Creations IPO is Apr 16, 2024, and Apr 25, 2024, respectively.
| | Greenhitech Ventures IPO | Varyaa Creations IPO |
|---|
| Issue Open | Apr 12, 2024 | Apr 22, 2024 |
| Issue Close | Apr 16, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | Apr 18, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | Apr 19, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | Apr 19, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | Apr 22, 2024 | Apr 30, 2024 |
Financials & KPIs
Greenhitech Ventures IPO P/E ratio is 30.05, as compared to Varyaa Creations IPO P/E ratio of 65.56.
Shares Offered
In the Greenhitech Ventures IPO Retail Individual Investors (RII) are offered 5,97,000 shares while in Varyaa Creations IPO retail investors are offered 5,97,000 shares. Qualified Institutional Buyers (QIB) are offered in Greenhitech Ventures IPO and in Varyaa Creations IPO.
| | Greenhitech Ventures IPO | Varyaa Creations IPO |
|---|
| Market Maker Reservation | 66,000 shares | 70,000 shares |
| NII | 5,97,000 shares | 6,35,000 shares |
| RII | 5,97,000 shares | 6,35,000 shares |
| Total | 11,94,000 shares | 12,70,000 shares |
Bids Received (Subscription)
Greenhitech Ventures IPO subscribed 759.50x in total, whereas Varyaa Creations IPO subscribed 3.58x.
