Comparison between Olatech Solutions IPO and Veekayem Fashion IPO.
IPO Details
Olatech Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veekayem Fashion IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Olatech Solutions IPO is up to ₹1.77 Cr whereas the issue size of the Veekayem Fashion IPO is up to ₹4.21 Cr. The final issue price of Olatech Solutions IPO is ₹27.00 per share and of Veekayem Fashion IPO is ₹28.00 per share.
IPO Timetable
Olatech Solutions IPO opens on Aug 12, 2022, while Veekayem Fashion IPO opens on Aug 05, 2022. The closing date of Olatech Solutions IPO and Veekayem Fashion IPO is Aug 19, 2022, and Aug 11, 2022, respectively.
| | Olatech Solutions IPO | Veekayem Fashion IPO |
|---|
| Issue Open | Aug 12, 2022 | Aug 05, 2022 |
| Issue Close | Aug 19, 2022 | Aug 11, 2022 |
| Basis Of Allotment (Tentative) | Aug 24, 2022 | Aug 17, 2022 |
| Initiation of Refunds (Tentative) | Aug 25, 2022 | Aug 18, 2022 |
| Credit of Share (Tentative) | Aug 26, 2022 | Aug 19, 2022 |
| Listing date (Tentative) | Aug 29, 2022 | Aug 22, 2022 |
Financials & KPIs
Olatech Solutions IPO P/E ratio is 18, as compared to Veekayem Fashion IPO P/E ratio of 8.72.
Shares Offered
In the Olatech Solutions IPO Retail Individual Investors (RII) are offered 3,28,000 shares while in Veekayem Fashion IPO retail investors are offered 3,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Olatech Solutions IPO and in Veekayem Fashion IPO.
| | Olatech Solutions IPO | Veekayem Fashion IPO |
|---|
| Market Maker Reservation | 44,000 shares | 80,000 shares |
| NII | 3,28,000 shares | 7,52,000 shares |
| RII | 3,28,000 shares | 7,52,000 shares |
| Total | 6,56,000 shares | 15,04,000 shares |
Bids Received (Subscription)
Olatech Solutions IPO subscribed 598.82x in total, whereas Veekayem Fashion IPO subscribed 301.47x.
