Comparison between Sabar Flex IPO and Varanium Cloud IPO.
IPO Details
Sabar Flex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Varanium Cloud IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Sabar Flex IPO is up to ₹4.25 Cr whereas the issue size of the Varanium Cloud IPO is up to ₹30.67 Cr. The final issue price of Sabar Flex IPO is ₹11.00 per share and of Varanium Cloud IPO is ₹122.00 per share.
IPO Timetable
Sabar Flex IPO opens on Sep 08, 2022, while Varanium Cloud IPO opens on Sep 16, 2022. The closing date of Sabar Flex IPO and Varanium Cloud IPO is Sep 13, 2022, and Sep 20, 2022, respectively.
| | Sabar Flex IPO | Varanium Cloud IPO |
|---|
| Issue Open | Sep 08, 2022 | Sep 16, 2022 |
| Issue Close | Sep 13, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Sep 16, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Sep 19, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Sep 20, 2022 | Sep 27, 2022 |
| Listing date (Tentative) | Sep 21, 2022 | Sep 27, 2022 |
Financials & KPIs
Sabar Flex IPO P/E ratio is 9.48, as compared to Varanium Cloud IPO P/E ratio of 14.59.
Shares Offered
In the Sabar Flex IPO Retail Individual Investors (RII) are offered 19,30,000 shares while in Varanium Cloud IPO retail investors are offered 19,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Sabar Flex IPO and 0 shares in Varanium Cloud IPO.
| | Sabar Flex IPO | Varanium Cloud IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 2,10,000 shares | 4,86,000 shares |
| QIB | | 0 shares |
| NII | 19,30,000 shares | 12,57,000 shares |
| RII | 19,30,000 shares | 12,57,000 shares |
| Employee | | 0 shares |
| Total | 38,60,000 shares | 25,14,000 shares |
Bids Received (Subscription)
Sabar Flex IPO subscribed 85.47x in total, whereas Varanium Cloud IPO subscribed 5.46x.
