Comparison between Majestic Research FPO and Veeram Ornaments IPO.
Majestic Research FPO is a SME Fixed Price IPO proposed to list at BSE SME while Veeram Ornaments IPO is a SME Fixed Price proposed to list at BSE SME.
| Majestic Research FPO | Veeram Ornaments IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | FPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Pantomath 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 Majestic Research FPO is up to ₹9.44 Cr whereas the issue size of the Veeram Ornaments IPO is up to ₹4.86 Cr. The final issue price of Majestic Research FPO is ₹114.00 per share and of Veeram Ornaments IPO is ₹45.00 per share.
| Majestic Research FPO | Veeram Ornaments IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹106.00 per share | |
| Issue Price (Upper) | ₹114.00 per share | |
| Issue Price (Final) | ₹114.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | |
| Fresh Issue Size | 8,28,000 shares | 10,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.44 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 | 8,28,000 shares | 10,80,000 shares |
| Issue Size Total (Amount) | up to ₹9.44 Cr | up to ₹4.86 Cr |
Majestic Research FPO opens on Nov 28, 2016, while Veeram Ornaments IPO opens on Dec 23, 2016. The closing date of Majestic Research FPO and Veeram Ornaments IPO is Dec 05, 2016, and Dec 28, 2016, respectively.
| Majestic Research FPO | Veeram Ornaments IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 28, 2016 | Dec 23, 2016 |
| Issue Close | Dec 05, 2016 | Dec 28, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 14, 2016 | Jan 05, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Majestic Research FPO P/E ratio is , as compared to Veeram Ornaments IPO P/E ratio of .
| Majestic Research FPO | Veeram Ornaments IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹56.98 Cr. | ₹19.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Majestic Research FPO Retail Individual Investors (RII) are offered 4,14,000 shares while in Veeram Ornaments IPO retail investors are offered 4,14,000 shares. Qualified Institutional Buyers (QIB) are offered in Majestic Research FPO and in Veeram Ornaments IPO.
| Majestic Research FPO | Veeram Ornaments IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 48,000 shares | 57,000 shares |
| QIB | ||
| NII | 4,14,000 shares | 5,40,000 shares |
| RII | 4,14,000 shares | 5,40,000 shares |
| Employee | ||
| Others | ||
| Total | 8,28,000 shares | 10,80,000 shares |
Majestic Research FPO subscribed in total, whereas Veeram Ornaments IPO subscribed 110.83x.
| Majestic Research FPO | Veeram Ornaments IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 174.44x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 47.22x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 110.83x |
