Comparison between Kaka Industries IPO and Veefin Solutions IPO.
Kaka Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veefin Solutions IPO is a SME Fixed Price proposed to list at BSE SME.
| Kaka Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Kaka Industries IPO is up to ₹20.11 Cr whereas the issue size of the Veefin Solutions IPO is up to ₹44.37 Cr. The final issue price of Kaka Industries IPO is ₹58.00 per share and of Veefin Solutions IPO is ₹82.00 per share.
| Kaka Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹55.00 per share | |
| Issue Price (Upper) | ₹58.00 per share | |
| Issue Price (Final) | ₹58.00 per share | ₹82.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 34,68,000 shares | 25,61,600 shares |
| Fresh Issue Size (Amount) | up to ₹20.11 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 | 34,68,000 shares | 54,11,200 shares |
| Issue Size Total (Amount) | up to ₹20.11 Cr | up to ₹44.37 Cr |
Kaka Industries IPO opens on Jul 10, 2023, while Veefin Solutions IPO opens on Jun 22, 2023. The closing date of Kaka Industries IPO and Veefin Solutions IPO is Jul 12, 2023, and Jun 26, 2023, respectively.
| Kaka Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Jul 09, 2023 | |
| Issue Open | Jul 10, 2023 | Jun 22, 2023 |
| Issue Close | Jul 12, 2023 | Jun 26, 2023 |
| Basis Of Allotment (Tentative) | Jul 17, 2023 | Jun 30, 2023 |
| Initiation of Refunds (Tentative) | Jul 18, 2023 | Jul 03, 2023 |
| Credit of Share (Tentative) | Jul 19, 2023 | Jul 04, 2023 |
| Listing date (Tentative) | Jul 19, 2023 | Jul 05, 2023 |
| Anchor Lockin End date 1 | Aug 16, 2023 | |
| Anchor Lockin End date 2 | Oct 15, 2023 |
Kaka Industries IPO P/E ratio is 11.03, as compared to Veefin Solutions IPO P/E ratio of 41.41.
| Kaka Industries IPO | Veefin Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.32 | 56.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.78 | 39.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.03 | 41.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹79.23 Cr. | ₹173.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44.93 | 13.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.83 | 11.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.05 | 0.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.19 | ₹0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.72 | 7.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kaka Industries IPO Retail Individual Investors (RII) are offered 12,14,000 shares while in Veefin Solutions IPO retail investors are offered 12,14,000 shares. Qualified Institutional Buyers (QIB) are offered 6,94,000 shares in Kaka Industries IPO and in Veefin Solutions IPO.
| Kaka Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,38,000 shares | |
| Market Maker Reservation | 1,92,000 shares | 2,88,000 shares |
| QIB | 6,94,000 shares | |
| NII | 5,22,000 shares | 27,05,600 shares |
| RII | 12,14,000 shares | 27,05,600 shares |
| Employee | ||
| Others | ||
| Total | 34,68,000 shares | 54,11,200 shares |
Kaka Industries IPO subscribed 292.66x in total, whereas Veefin Solutions IPO subscribed 2.46x.
| Kaka Industries IPO | Veefin Solutions IPO | |
|---|---|---|
| QIB (times) | 72.13x | |
| NII (times) | 431.85x | 3.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 358.88x | 1.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 292.66x | 2.46x |
