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Shine Fashions IPO vs Veer Global Infraconstruction IPO

Comparison between Shine Fashions IPO and Veer Global Infraconstruction IPO.

IPO Details

Shine Fashions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veer Global Infraconstruction IPO is a SME Fixed Price proposed to list at BSE SME.

 Shine Fashions IPOVeer Global Infraconstruction IPO
LogoShine Fashions IPO LogoVeer Global Infraconstruction IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersShreni Shares Ltd.Capital Square Advisors Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerShreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Shine Fashions IPO is up to ₹1.51 Cr whereas the issue size of the Veer Global Infraconstruction IPO is up to ₹4.66 Cr. The final issue price of Shine Fashions IPO is ₹40.00 per share and of Veer Global Infraconstruction IPO is ₹28.00 per share.

 Shine Fashions IPOVeer Global Infraconstruction IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹40.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares4000 shares
Fresh Issue Size3,78,000 shares16,64,000 shares
Fresh Issue Size (Amount)up to ₹1.51 Crup to ₹4.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,78,000 shares16,64,000 shares
Issue Size Total (Amount)up to ₹1.51 Crup to ₹4.66 Cr

IPO Timetable

Shine Fashions IPO opens on Oct 22, 2020, while Veer Global Infraconstruction IPO opens on Sep 30, 2020. The closing date of Shine Fashions IPO and Veer Global Infraconstruction IPO is Oct 26, 2020, and Oct 09, 2020, respectively.

 Shine Fashions IPOVeer Global Infraconstruction IPO
Anchor Bid Date
Issue OpenOct 22, 2020Sep 30, 2020
Issue CloseOct 26, 2020Oct 09, 2020
Basis Of Allotment (Tentative)Oct 14, 2020
Initiation of Refunds (Tentative)Oct 15, 2020
Credit of Share (Tentative)Oct 16, 2020
Listing date (Tentative)Nov 02, 2020Oct 19, 2020
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Shine Fashions IPO P/E ratio is , as compared to Veer Global Infraconstruction IPO P/E ratio of .

 Shine Fashions IPOVeer Global Infraconstruction IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in lakhs)
31-Dec-19
Total Assets 447.27
Total Revenue 511.83
Profit After Tax 42.21
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lacs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 3,290.11 2,929.13 2,021.76
Total Revenue 862.58 1,007.52 233.30
Profit After Tax 17.60 12.87 4.74
Promoter Shareholding (Pre-Issue)99.9885.40
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Shine Fashions IPO Retail Individual Investors (RII) are offered 1,89,000 shares while in Veer Global Infraconstruction IPO retail investors are offered 1,89,000 shares. Qualified Institutional Buyers (QIB) are offered in Shine Fashions IPO and in Veer Global Infraconstruction IPO.

 Shine Fashions IPOVeer Global Infraconstruction IPO
Anchor Investor Reserveration
Market Maker Reserveration21,000 shares92,000 shares
QIB
NII1,89,000 shares8,32,000 shares
RII1,89,000 shares8,32,000 shares
Employee
Others
Total3,78,000 shares16,64,000 shares

Bids Received (Subscription)

Shine Fashions IPO subscribed 1.73x in total, whereas Veer Global Infraconstruction IPO subscribed 1.51x.

 Shine Fashions IPOVeer Global Infraconstruction IPO
QIB (times)
NII (times)1.83x1.84x
Big NII (times)
Small NII (times)
RII (times)1.63x1.18x
Employee (times)
Other (times)
Total (times)1.73x1.51x