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Majestic Research FPO vs Veeram Ornaments IPO

Comparison between Majestic Research FPO and Veeram Ornaments IPO.

IPO Details

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 FPOVeeram Ornaments IPO
LogoMajestic Research FPO LogoVeeram Ornaments IPO Logo
Issue CategorySMESME
Issue TypeFPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerChoice Equity Broking 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 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 FPOVeeram 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
Market Lot Size10000 shares3000 shares
Fresh Issue Size8,28,000 shares10,80,000 shares
Fresh Issue Size (Amount)up to ₹9.44 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 Total8,28,000 shares10,80,000 shares
Issue Size Total (Amount)up to ₹9.44 Crup to ₹4.86 Cr

IPO Timetable

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 FPOVeeram Ornaments IPO
Issue OpenNov 28, 2016Dec 23, 2016
Issue CloseDec 05, 2016Dec 28, 2016
Basis Of Allotment (Tentative)Dec 08, 2016Jan 02, 2017
Listing date (Tentative)Dec 14, 2016Jan 05, 2017

Financials & KPIs

Majestic Research FPO P/E ratio is , as compared to Veeram Ornaments IPO P/E ratio of .

 Majestic Research FPOVeeram Ornaments IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 201431 Mar 201431 Mar 2013
Assets5.884.210.88
Total Income3.812.260.48
Profit After Tax0.280.130.01
NET Worth3.433.150.76
Reserves and Surplus0.420.150.01
Total Borrowing2.030.05
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%57.29%
Promoter Shareholding (Post-Issue)72.83%42.18%
Market Cap₹56.98 Cr.₹19.40 Cr.

Shares Offered

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 0 shares in Majestic Research FPO and 0 shares in Veeram Ornaments IPO.

 Majestic Research FPOVeeram Ornaments IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation48,000 shares57,000 shares
QIB0 shares0 shares
NII4,14,000 shares5,40,000 shares
RII4,14,000 shares5,40,000 shares
Employee0 shares0 shares
Total8,28,000 shares10,80,000 shares

Bids Received (Subscription)

Majestic Research FPO subscribed in total, whereas Veeram Ornaments IPO subscribed 110.83x.

 Majestic Research FPOVeeram Ornaments IPO
NII (times)174.44x
RII (times)47.22x
Total (times)110.83x

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Majestic Research FPOVeeram Ornaments IPO
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Aditya Vision IPOMajestic Research FPO
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Compare:

Majestic Research FPO Vs Veeram Ornaments IPO