Northern Spirits IPO vs V R Films IPO

Comparison between Northern Spirits IPO and V R Films IPO.

IPO Details

Northern Spirits IPO is a SME Fixed Price IPO proposed to list at BSE SME while V R Films IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Northern Spirits IPO is up to ₹17.57 Cr whereas the issue size of the V R Films IPO is up to ₹2.15 Cr. The final issue price of Northern Spirits IPO is ₹43.00 per share and of V R Films IPO is ₹61.00 per share.

 Northern Spirits IPOV R Films IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹43.00 per share₹61.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size40,86,000 shares3,52,000 shares
Fresh Issue Size (Amount)up to ₹17.57 Crup to ₹2.15 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total40,86,000 shares3,52,000 shares
Issue Size Total (Amount)up to ₹17.57 Crup to ₹2.15 Cr

IPO Timetable

Northern Spirits IPO opens on Mar 22, 2019, while V R Films IPO opens on Apr 12, 2019. The closing date of Northern Spirits IPO and V R Films IPO is Mar 27, 2019, and Apr 18, 2019, respectively.

 Northern Spirits IPOV R Films IPO
Issue OpenMar 22, 2019Apr 12, 2019
Issue CloseMar 27, 2019Apr 18, 2019
Listing date (Tentative)Apr 04, 2019Apr 30, 2019

Financials & KPIs

Northern Spirits IPO P/E ratio is , as compared to V R Films IPO P/E ratio of .

 Northern Spirits IPOV R Films IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets76.9320.4112.557.84
Total Income48.6625.8917.363.40
Profit After Tax2.751.010.53-0.51
NET Worth0.000.000.000.00
Reserves and Surplus21.934.971.160.63
Total Borrowing0.000.000.000.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 201831 Mar 201831 Mar 201731 Mar 2016
Assets6.536.155.135.46
Total Income3.6712.836.116.28
Profit After Tax0.340.980.270.03
EBITDA0.731.830.910.70
NET Worth3.332.982.011.74
Reserves and Surplus3.322.972.001.73
Total Borrowing2.331.270.640.84
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.49%99.99%
Promoter Shareholding (Post-Issue)66.97%72.89%
Market Cap₹69.02 Cr.₹8.37 Cr.

Shares Offered

In the Northern Spirits IPO Retail Individual Investors (RII) are offered 20,43,000 shares while in V R Films IPO retail investors are offered 20,43,000 shares. Qualified Institutional Buyers (QIB) are offered in Northern Spirits IPO and in V R Films IPO.

 Northern Spirits IPOV R Films IPO
Market Maker Reservation2,16,000 shares20,000 shares
NII20,43,000 shares1,76,000 shares
RII20,43,000 shares1,76,000 shares
Total40,86,000 shares3,52,000 shares

Bids Received (Subscription)

Northern Spirits IPO subscribed 1.30x in total, whereas V R Films IPO subscribed 1.53x.

 Northern Spirits IPOV R Films IPO
NII (times)1.83x1.50x
RII (times)0.78x1.56x
Total (times)1.30x1.53x

Compare with others

Compare:

Northern Spirits IPO Vs V R Films IPO