Comparison between Maks Energy Solutions IPO and Varanium Cloud IPO.
Maks Energy Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Varanium Cloud IPO is a SME Fixed Price proposed to list at NSE SME.
| Maks Energy Solutions IPO | Varanium Cloud IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Sun Capital Advisory Services Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Rikhav Securities 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 Maks Energy Solutions IPO is up to ₹3.79 Cr whereas the issue size of the Varanium Cloud IPO is up to ₹30.67 Cr. The final issue price of Maks Energy Solutions IPO is ₹20.00 per share and of Varanium Cloud IPO is ₹122.00 per share.
| Maks Energy Solutions IPO | Varanium Cloud IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹122.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1000 shares |
| Fresh Issue Size | 18,96,000 shares | 25,14,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.79 Cr | up to ₹30.67 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 | 18,96,000 shares | 25,14,000 shares |
| Issue Size Total (Amount) | up to ₹3.79 Cr | up to ₹30.67 Cr |
Maks Energy Solutions IPO opens on Sep 16, 2022, while Varanium Cloud IPO opens on Sep 16, 2022. The closing date of Maks Energy Solutions IPO and Varanium Cloud IPO is Sep 20, 2022, and Sep 20, 2022, respectively.
| Maks Energy Solutions IPO | Varanium Cloud IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 16, 2022 | Sep 16, 2022 |
| Issue Close | Sep 20, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Sep 23, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Sep 26, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Sep 26, 2022 | Sep 27, 2022 |
| Listing date (Tentative) | Sep 28, 2022 | Sep 27, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Maks Energy Solutions IPO P/E ratio is , as compared to Varanium Cloud IPO P/E ratio of 14.59.
| Maks Energy Solutions IPO | Varanium Cloud IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13.87 Cr. | ₹122.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -8.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-2.17 | ₹23.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -9.34 | 55.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Maks Energy Solutions IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in Varanium Cloud IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Maks Energy Solutions IPO and in Varanium Cloud IPO.
| Maks Energy Solutions IPO | Varanium Cloud IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,02,000 shares | 4,86,000 shares |
| QIB | ||
| NII | 9,48,000 shares | 12,57,000 shares |
| RII | 9,48,000 shares | 12,57,000 shares |
| Employee | ||
| Others | ||
| Total | 18,96,000 shares | 25,14,000 shares |
Maks Energy Solutions IPO subscribed 26.31x in total, whereas Varanium Cloud IPO subscribed 5.46x.
| Maks Energy Solutions IPO | Varanium Cloud IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 36.20x | 5.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.43x | 5.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 26.31x | 5.46x |
