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.
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.
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 IPO | Veekayem Fashion IPO |
|---|
| Issue Open | Aug 22, 2022 | Aug 05, 2022 |
| Issue Close | Aug 25, 2022 | Aug 11, 2022 |
| Basis Of Allotment (Tentative) | Aug 30, 2022 | Aug 17, 2022 |
| Initiation of Refunds (Tentative) | Sep 01, 2022 | Aug 18, 2022 |
| Credit of Share (Tentative) | Sep 02, 2022 | Aug 19, 2022 |
| Listing date (Tentative) | Sep 05, 2022 | Aug 22, 2022 |
Financials & KPIs
Rhetan TMT IPO P/E ratio is 63.64, as compared to Veekayem Fashion IPO P/E ratio of 8.72.
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 IPO | Veekayem Fashion IPO |
|---|
| Market Maker Reservation | 4,16,000 shares | 80,000 shares |
| NII | 37,92,000 shares | 7,52,000 shares |
| RII | 37,92,000 shares | 7,52,000 shares |
| Total | 75,84,000 shares | 15,04,000 shares |
Bids Received (Subscription)
Rhetan TMT IPO subscribed 1.47x in total, whereas Veekayem Fashion IPO subscribed 301.47x.
