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.

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 IPOVeerkrupa Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹186.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size600 shares4000 shares
Fresh Issue Size5,94,000 shares28,48,000 shares
Fresh Issue Size (Amount)up to ₹11.05 Crup to ₹7.69 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,94,000 shares28,48,000 shares
Issue Size Total (Amount)up to ₹11.05 Crup 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 IPOVeerkrupa Jewellers IPO
Issue OpenJun 27, 2022Jun 29, 2022
Issue CloseJun 29, 2022Jul 08, 2022
Basis Of Allotment (Tentative)Jul 04, 2022Jul 08, 2022
Initiation of Refunds (Tentative)Jul 05, 2022Jul 11, 2022
Credit of Share (Tentative)Jul 05, 2022Jul 12, 2022
Listing date (Tentative)Jul 07, 2022Jul 18, 2022

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 IPOVeerkrupa Jewellers IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 2020
Assets11.497.920.61
Total Income4.473.760.57
Profit After Tax0.620.070.04
NET Worth7.526.900.09
Reserves and Surplus5.785.170.04
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets11.6010.355.203.35
Total Income10.034.6310.951.65
Profit After Tax0.210.010.010.08
Reserves and Surplus3.253.043.030.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.88%79.94%
Promoter Shareholding (Post-Issue)73.31%49.44%
P/E Ratio53.675
Market Cap₹44.04 Cr.₹21.23 Cr.
EPS₹3.15₹0.06
RoNW0.950.22

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 IPOVeerkrupa Jewellers IPO
Market Maker Reservation36,000 shares1,52,000 shares
NII2,97,000 shares14,24,000 shares
RII2,97,000 shares14,24,000 shares
Total5,94,000 shares28,48,000 shares

Bids Received (Subscription)

Pearl Green Clubs IPO subscribed 1.56x in total, whereas Veerkrupa Jewellers IPO subscribed 0.85x.

 Pearl Green Clubs IPOVeerkrupa Jewellers IPO
NII (times)1.78x0.81x
RII (times)1.35x0.89x
Total (times)1.56x0.85x

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Pearl Green Clubs IPO Vs Veerkrupa Jewellers IPO