Pearl Green Clubs IPO vs Veerkrupa Jewellers IPO

Comparison between Pearl Green Clubs IPO and Veerkrupa Jewellers IPO.

IPO Details

Pearl Green Clubs IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veerkrupa Jewellers IPO is a SME Fixed Price proposed to list at BSE SME.

	Pearl Green Clubs IPO	Veerkrupa Jewellers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	BSE SME	BSE SME
Lead Managers	Fast Track Finsec Pvt.Ltd.	First Overseas Capital Ltd.
Registrar	Cameo Corporate Services Ltd.	Kfin Technologies Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Beeline Broking Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Pearl Green Clubs IPO is up to ₹11.05 Cr whereas the issue size of the Veerkrupa Jewellers IPO is up to ₹7.69 Cr. The final issue price of Pearl Green Clubs IPO is ₹186.00 per share and of Veerkrupa Jewellers IPO is ₹27.00 per share.

	Pearl Green Clubs IPO	Veerkrupa Jewellers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹186.00 per share	₹27.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	600 shares	4000 shares
Fresh Issue Size	5,94,000 shares	28,48,000 shares
Fresh Issue Size (Amount)	up to ₹11.05 Cr	up to ₹7.69 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	5,94,000 shares	28,48,000 shares
Issue Size Total (Amount)	up to ₹11.05 Cr	up to ₹7.69 Cr

IPO Timetable

Pearl Green Clubs IPO opens on Jun 27, 2022, while Veerkrupa Jewellers IPO opens on Jun 29, 2022. The closing date of Pearl Green Clubs IPO and Veerkrupa Jewellers IPO is Jun 29, 2022, and Jul 08, 2022, respectively.

	Pearl Green Clubs IPO	Veerkrupa Jewellers IPO
Anchor Bid Date
Issue Open	Jun 27, 2022	Jun 29, 2022
Issue Close	Jun 29, 2022	Jul 08, 2022
Basis Of Allotment (Tentative)	Jul 04, 2022	Jul 08, 2022
Initiation of Refunds (Tentative)	Jul 05, 2022	Jul 11, 2022
Credit of Share (Tentative)	Jul 05, 2022	Jul 12, 2022
Listing date (Tentative)	Jul 07, 2022	Jul 18, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Pearl Green Clubs IPO P/E ratio is 53.6, as compared to Veerkrupa Jewellers IPO P/E ratio of 75.

Pearl Green Clubs IPO

Veerkrupa Jewellers IPO

Financials

Pearl Green Clubs and Resorts Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	61.45	56.97	3.91	8.84	3.84
31-Mar-21	791.87	375.74	6.54	690.38	516.63
31-Dec-21	1149.39	447.41	61.54	751.92	578.17
Amount in ₹ Lakhs

Veerkrupa Jewellers Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-19	335.48	165.32	8.27	8.27
31-Mar-20	520.46	1094.86	0.71	302.69
31-Mar-21	1034.77	463.28	1.07	303.76
31-Dec-21	1159.98	1002.64	21.4	325.16
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.88

79.94

Promoter Shareholding (Post-Issue)

73.31

49.44

P/E Ratio

53.6

Market Cap

₹44.04 Cr.

₹21.23 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Pearl Green Clubs IPO Retail Individual Investors (RII) are offered 2,97,000 shares while in Veerkrupa Jewellers IPO retail investors are offered 2,97,000 shares. Qualified Institutional Buyers (QIB) are offered in Pearl Green Clubs IPO and in Veerkrupa Jewellers IPO.

	Pearl Green Clubs IPO	Veerkrupa Jewellers IPO
Anchor Investor Reserveration
Market Maker Reserveration	36,000 shares	1,52,000 shares
QIB
NII	2,97,000 shares	14,24,000 shares
RII	2,97,000 shares	14,24,000 shares
Employee
Others
Total	5,94,000 shares	28,48,000 shares

Bids Received (Subscription)

Pearl Green Clubs IPO subscribed 1.56x in total, whereas Veerkrupa Jewellers IPO subscribed 1.85x.

	Pearl Green Clubs IPO	Veerkrupa Jewellers IPO
QIB (times)
NII (times)	1.78x	1.04x
Big NII (times)
Small NII (times)
RII (times)	1.35x	2.67x
Employee (times)
Other (times)
Total (times)	1.56x	1.85x

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