Comparison between Jet Freight Logistics IPO and Veeram Ornaments IPO.
Jet Freight Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veeram Ornaments IPO is a SME Fixed Price proposed to list at BSE SME.
| Jet Freight Logistics IPO | Veeram Ornaments IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Beeline Broking 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 Jet Freight Logistics IPO is up to ₹3.85 Cr whereas the issue size of the Veeram Ornaments IPO is up to ₹4.86 Cr. The final issue price of Jet Freight Logistics IPO is ₹28.00 per share and of Veeram Ornaments IPO is ₹45.00 per share.
| Jet Freight Logistics IPO | Veeram Ornaments IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹28.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 13,76,000 shares | 10,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.85 Cr | up to ₹4.86 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 13,76,000 shares | 10,80,000 shares |
| Issue Size Total (Amount) | up to ₹3.85 Cr | up to ₹4.86 Cr |
Jet Freight Logistics IPO opens on Nov 24, 2016, while Veeram Ornaments IPO opens on Dec 23, 2016. The closing date of Jet Freight Logistics IPO and Veeram Ornaments IPO is Nov 28, 2016, and Dec 28, 2016, respectively.
| Jet Freight Logistics IPO | Veeram Ornaments IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 24, 2016 | Dec 23, 2016 |
| Issue Close | Nov 28, 2016 | Dec 28, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 06, 2016 | Jan 05, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Jet Freight Logistics IPO P/E ratio is , as compared to Veeram Ornaments IPO P/E ratio of .
| Jet Freight Logistics IPO | Veeram Ornaments IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹15.26 Cr. | ₹19.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Jet Freight Logistics IPO Retail Individual Investors (RII) are offered 6,88,000 shares while in Veeram Ornaments IPO retail investors are offered 6,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Jet Freight Logistics IPO and in Veeram Ornaments IPO.
| Jet Freight Logistics IPO | Veeram Ornaments IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 76,000 shares | 57,000 shares |
| QIB | ||
| NII | 6,88,000 shares | 5,40,000 shares |
| RII | 6,88,000 shares | 5,40,000 shares |
| Employee | ||
| Others | ||
| Total | 13,76,000 shares | 10,80,000 shares |
Jet Freight Logistics IPO subscribed 5.26x in total, whereas Veeram Ornaments IPO subscribed 110.83x.
| Jet Freight Logistics IPO | Veeram Ornaments IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 6.71x | 174.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.81x | 47.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.26x | 110.83x |
