Prolife Industries IPO vs Veeram Ornaments IPO

Comparison between Prolife Industries IPO and Veeram Ornaments IPO.

IPO Details

Prolife Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veeram Ornaments IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Prolife Industries IPO is up to ₹3.99 Cr whereas the issue size of the Veeram Ornaments IPO is up to ₹4.86 Cr. The final issue price of Prolife Industries IPO is ₹38.00 per share and of Veeram Ornaments IPO is ₹45.00 per share.

 Prolife Industries IPOVeeram Ornaments IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹38.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size10,50,000 shares10,80,000 shares
Fresh Issue Size (Amount)up to ₹3.99 Crup to ₹4.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total10,50,000 shares10,80,000 shares
Issue Size Total (Amount)up to ₹3.99 Crup to ₹4.86 Cr

IPO Timetable

Prolife Industries IPO opens on Dec 27, 2016, while Veeram Ornaments IPO opens on Dec 23, 2016. The closing date of Prolife Industries IPO and Veeram Ornaments IPO is Dec 30, 2016, and Dec 28, 2016, respectively.

 Prolife Industries IPOVeeram Ornaments IPO
Issue OpenDec 27, 2016Dec 23, 2016
Issue CloseDec 30, 2016Dec 28, 2016
Basis Of Allotment (Tentative)Jan 04, 2017Jan 02, 2017
Listing date (Tentative)Jan 09, 2017Jan 05, 2017

Financials & KPIs

Prolife Industries IPO P/E ratio is , as compared to Veeram Ornaments IPO P/E ratio of .

 Prolife Industries IPOVeeram Ornaments IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets15.6416.0517.6916.20
Total Income4.1922.8319.8919.06
Profit After Tax0.170.590.400.22
NET Worth3.743.583.022.54
Reserves and Surplus2.252.081.531.04
Total Borrowing8.528.6110.109.60
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets4.303.220.170.09
Total Income2.001.470.050.07
Profit After Tax0.280.070.000.00
NET Worth3.323.080.010.01
Reserves and Surplus3.022.740.000.00
Total Borrowing0.460.110.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.66%57.29%
Promoter Shareholding (Post-Issue)72.64%42.18%
Market Cap₹15.56 Cr.₹19.40 Cr.

Shares Offered

In the Prolife Industries IPO Retail Individual Investors (RII) are offered 5,25,000 shares while in Veeram Ornaments IPO retail investors are offered 5,25,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Prolife Industries IPO and 0 shares in Veeram Ornaments IPO.

 Prolife Industries IPOVeeram Ornaments IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation60,000 shares57,000 shares
QIB0 shares0 shares
NII5,25,000 shares5,40,000 shares
RII5,25,000 shares5,40,000 shares
Employee0 shares0 shares
Total10,50,000 shares10,80,000 shares

Bids Received (Subscription)

Prolife Industries IPO subscribed 4.56x in total, whereas Veeram Ornaments IPO subscribed 110.83x.

 Prolife Industries IPOVeeram Ornaments IPO
NII (times)4.90x174.44x
RII (times)4.22x47.22x
Total (times)4.56x110.83x

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Prolife Industries IPO Vs Veeram Ornaments IPO