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Rhetan TMT IPO vs Veekayem Fashion IPO

Comparison between Rhetan TMT IPO and Veekayem Fashion IPO.

IPO Details

Rhetan TMT 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.

 Rhetan TMT IPOVeekayem Fashion IPO
LogoRhetan TMT IPO LogoVeekayem Fashion IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerAryaman Capital Markets Ltd.Econo Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Rhetan TMT IPO is up to ₹53.09 Cr whereas the issue size of the Veekayem Fashion IPO is up to ₹4.21 Cr. The final issue price of Rhetan TMT IPO is ₹70.00 per share and of Veekayem Fashion IPO is ₹28.00 per share.

 Rhetan TMT IPOVeekayem Fashion IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹70.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size75,84,000 shares15,04,000 shares
Fresh Issue Size (Amount)up to ₹53.09 Crup to ₹4.21 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total75,84,000 shares15,04,000 shares
Issue Size Total (Amount)up to ₹53.09 Crup to ₹4.21 Cr

IPO Timetable

Rhetan TMT IPO opens on Aug 22, 2022, while Veekayem Fashion IPO opens on Aug 05, 2022. The closing date of Rhetan TMT IPO and Veekayem Fashion IPO is Aug 25, 2022, and Aug 11, 2022, respectively.

 Rhetan TMT IPOVeekayem Fashion IPO
Anchor Bid Date
Issue OpenAug 22, 2022Aug 05, 2022
Issue CloseAug 25, 2022Aug 11, 2022
Basis Of Allotment (Tentative)Aug 30, 2022Aug 17, 2022
Initiation of Refunds (Tentative)Sep 01, 2022Aug 18, 2022
Credit of Share (Tentative)Sep 02, 2022Aug 19, 2022
Listing date (Tentative)Sep 05, 2022Aug 22, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Rhetan TMT IPO P/E ratio is 63.64, as compared to Veekayem Fashion IPO P/E ratio of 8.72.

 Rhetan TMT IPOVeekayem Fashion IPO
Financials
Rhetan TMT Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-203046.862008.26-58.0430.21-311.65
31-Mar-213980.655213.0113.44783.65-298.21
31-Mar-225900.066703.45234.572313.211046.35
Amount in ₹ Lakhs
Veekayem Fashion and Apparels Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-1911789.320317.36228.312973.172331.38
31-Mar-2012090.421571.46109.12869.652440.48
31-Mar-2112351.957670.0635.252904.92475.73
31-Mar-2213267.1914947.02188.543095.282666.11
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.6254.31
Promoter Shareholding (Post-Issue)62.1239.67
P/E Ratio63.648.72
Market Cap₹148.75 Cr.₹16.45 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Rhetan TMT IPO Retail Individual Investors (RII) are offered 37,92,000 shares while in Veekayem Fashion IPO retail investors are offered 37,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Rhetan TMT IPO and in Veekayem Fashion IPO.

 Rhetan TMT IPOVeekayem Fashion IPO
Anchor Investor Reserveration
Market Maker Reserveration4,16,000 shares80,000 shares
QIB
NII37,92,000 shares7,52,000 shares
RII37,92,000 shares7,52,000 shares
Employee
Others
Total75,84,000 shares15,04,000 shares

Bids Received (Subscription)

Rhetan TMT IPO subscribed 1.47x in total, whereas Veekayem Fashion IPO subscribed 301.47x.

 Rhetan TMT IPOVeekayem Fashion IPO
QIB (times)
NII (times)2.18x355.85x
Big NII (times)
Small NII (times)
RII (times)0.76x247.09x
Employee (times)
Other (times)
Total (times)1.47x301.47x