Kesar India IPO vs Veerkrupa Jewellers IPO

Comparison between Kesar India IPO and Veerkrupa Jewellers IPO.

IPO Details

Kesar India IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veerkrupa Jewellers IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Kesar India IPO is up to ₹15.01 Cr whereas the issue size of the Veerkrupa Jewellers IPO is up to ₹7.69 Cr. The final issue price of Kesar India IPO is ₹170.00 per share and of Veerkrupa Jewellers IPO is ₹27.00 per share.

 Kesar India IPOVeerkrupa Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹170.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares4000 shares
Fresh Issue Size8,83,200 shares28,48,000 shares
Fresh Issue Size (Amount)up to ₹15.01 Crup to ₹7.69 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,83,200 shares28,48,000 shares
Issue Size Total (Amount)up to ₹15.01 Crup to ₹7.69 Cr

IPO Timetable

Kesar India IPO opens on Jun 30, 2022, while Veerkrupa Jewellers IPO opens on Jun 29, 2022. The closing date of Kesar India IPO and Veerkrupa Jewellers IPO is Jul 04, 2022, and Jul 08, 2022, respectively.

Financials & KPIs

Kesar India IPO P/E ratio is 13.87, as compared to Veerkrupa Jewellers IPO P/E ratio of 75.

 Kesar India IPOVeerkrupa Jewellers IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets8.183.752.432.20
Total Income6.961.200.580.19
Profit After Tax3.240.010.040.01
NET Worth2.44-0.81-0.82-0.86
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets11.6010.355.203.35
Total Income10.034.6310.951.65
Profit After Tax0.210.010.010.08
Reserves and Surplus3.253.043.030.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10079.94
Promoter Shareholding (Post-Issue)73.6549.44
P/E Ratio13.8775
Market Cap₹60.02 Cr.₹21.23 Cr.
ROE-2
ROCE-2
Debt/Equity1.28
EPS₹7.54₹0.06
RoNW-1.520.22

Shares Offered

In the Kesar India IPO Retail Individual Investors (RII) are offered 4,41,600 shares while in Veerkrupa Jewellers IPO retail investors are offered 4,41,600 shares. Qualified Institutional Buyers (QIB) are offered in Kesar India IPO and in Veerkrupa Jewellers IPO.

 Kesar India IPOVeerkrupa Jewellers IPO
Anchor Investor Reservation
Market Maker Reservation47,200 shares1,52,000 shares
QIB
NII4,41,600 shares14,24,000 shares
RII4,41,600 shares14,24,000 shares
Employee
Others
Total8,83,200 shares28,48,000 shares

Bids Received (Subscription)

Kesar India IPO subscribed 1.77x in total, whereas Veerkrupa Jewellers IPO subscribed 0.85x.

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Kesar India IPO Vs Veerkrupa Jewellers IPO