Comparison between Power Instrumentation Gujarat IPO and Vera Synthetic IPO.
IPO Details
Power Instrumentation Gujarat IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vera Synthetic IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Power Instrumentation Gujarat IPO is up to ₹5.83 Cr whereas the issue size of the Vera Synthetic IPO is up to ₹5.06 Cr. The final issue price of Power Instrumentation Gujarat IPO is ₹33.00 per share and of Vera Synthetic IPO is ₹40.00 per share.
IPO Timetable
Power Instrumentation Gujarat IPO opens on Apr 11, 2018, while Vera Synthetic IPO opens on Mar 28, 2018. The closing date of Power Instrumentation Gujarat IPO and Vera Synthetic IPO is Apr 13, 2018, and Apr 04, 2018, respectively.
Financials & KPIs
Power Instrumentation Gujarat IPO P/E ratio is , as compared to Vera Synthetic IPO P/E ratio of .
Shares Offered
In the Power Instrumentation Gujarat IPO Retail Individual Investors (RII) are offered 8,84,000 shares while in Vera Synthetic IPO retail investors are offered 8,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Power Instrumentation Gujarat IPO and 0 shares in Vera Synthetic IPO.
| | Power Instrumentation Gujarat IPO | Vera Synthetic IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 96,000 shares | 69,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 8,84,000 shares | 6,33,000 shares |
| RII | 8,84,000 shares | 6,33,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 17,68,000 shares | 12,66,000 shares |
Bids Received (Subscription)
Power Instrumentation Gujarat IPO subscribed 10.26x in total, whereas Vera Synthetic IPO subscribed 3.49x.