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Madhav Copper IPO vs Veeram Ornaments IPO

Comparison between Madhav Copper IPO and Veeram Ornaments IPO.

IPO Details

Madhav Copper 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.

 Madhav Copper IPOVeeram Ornaments IPO
LogoMadhav Copper IPO LogoVeeram Ornaments IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Madhav Copper IPO is up to ₹4.25 Cr whereas the issue size of the Veeram Ornaments IPO is up to ₹4.86 Cr. The final issue price of Madhav Copper IPO is ₹81.00 per share and of Veeram Ornaments IPO is ₹45.00 per share.

 Madhav Copper IPOVeeram Ornaments IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹81.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size5,24,800 shares10,80,000 shares
Fresh Issue Size (Amount)up to ₹4.25 Crup to ₹4.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,24,800 shares10,80,000 shares
Issue Size Total (Amount)up to ₹4.25 Crup to ₹4.86 Cr

IPO Timetable

Madhav Copper IPO opens on Jan 23, 2017, while Veeram Ornaments IPO opens on Dec 23, 2016. The closing date of Madhav Copper IPO and Veeram Ornaments IPO is Jan 27, 2017, and Dec 28, 2016, respectively.

 Madhav Copper IPOVeeram Ornaments IPO
Issue OpenJan 23, 2017Dec 23, 2016
Issue CloseJan 27, 2017Dec 28, 2016
Basis Of Allotment (Tentative)Jan 02, 2017
Listing date (Tentative)Feb 06, 2017Jan 05, 2017

Financials & KPIs

Madhav Copper IPO P/E ratio is , as compared to Veeram Ornaments IPO P/E ratio of .

 Madhav Copper IPOVeeram Ornaments IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets16.968.4312.014.94
Total Income23.6835.6419.691.12
Profit After Tax0.580.660.35-0.43
NET Worth2.662.081.420.32
Reserves and Surplus1.160.58-0.08-0.43
Total Borrowing8.085.516.403.66
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets4.303.220.170.09
Total Income2.001.470.050.07
Profit After Tax0.280.070.000.00
NET Worth3.323.080.010.01
Reserves and Surplus3.022.740.000.00
Total Borrowing0.460.110.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%57.29%
Promoter Shareholding (Post-Issue)73.04%42.18%
Market Cap₹219.86 Cr.₹19.40 Cr.

Shares Offered

In the Madhav Copper IPO Retail Individual Investors (RII) are offered 2,62,400 shares while in Veeram Ornaments IPO retail investors are offered 2,62,400 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Madhav Copper IPO and 0 shares in Veeram Ornaments IPO.

 Madhav Copper IPOVeeram Ornaments IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation28,800 shares57,000 shares
QIB0 shares0 shares
NII2,62,400 shares5,40,000 shares
RII2,62,400 shares5,40,000 shares
Employee0 shares0 shares
Total5,24,800 shares10,80,000 shares

Bids Received (Subscription)

Madhav Copper IPO subscribed 10.73x in total, whereas Veeram Ornaments IPO subscribed 110.83x.

 Madhav Copper IPOVeeram Ornaments IPO
NII (times)6.34x174.44x
RII (times)15.12x47.22x
Total (times)10.73x110.83x

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Madhav Copper IPOVeeram Ornaments IPO
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Compare:

Madhav Copper IPO Vs Veeram Ornaments IPO