Palm Jewels IPO vs Shree Vasu Logistics IPO

Comparison between Palm Jewels IPO and Shree Vasu Logistics IPO.

IPO Details

Palm Jewels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shree Vasu Logistics IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Palm Jewels IPO is up to ₹8.45 Cr whereas the issue size of the Shree Vasu Logistics IPO is up to ₹8.80 Cr. The final issue price of Palm Jewels IPO is ₹30.00 per share and of Shree Vasu Logistics IPO is ₹45.00 per share.

 Palm Jewels IPOShree Vasu Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size28,16,000 shares19,56,000 shares
Fresh Issue Size (Amount)up to ₹8.45 Crup to ₹8.80 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,16,000 shares19,56,000 shares
Issue Size Total (Amount)up to ₹8.45 Crup to ₹8.80 Cr

IPO Timetable

Palm Jewels IPO opens on May 25, 2018, while Shree Vasu Logistics IPO opens on May 23, 2018. The closing date of Palm Jewels IPO and Shree Vasu Logistics IPO is Jun 04, 2018, and May 25, 2018, respectively.

 Palm Jewels IPOShree Vasu Logistics IPO
Issue OpenMay 25, 2018May 23, 2018
Issue CloseJun 04, 2018May 25, 2018
Basis Of Allotment (Tentative)Jun 06, 2018May 30, 2018
Initiation of Refunds (Tentative)Jun 07, 2018May 31, 2018
Credit of Share (Tentative)Jun 07, 2018Jun 01, 2018
Listing date (Tentative)Jun 12, 2018Jun 04, 2018

Financials & KPIs

Palm Jewels IPO P/E ratio is , as compared to Shree Vasu Logistics IPO P/E ratio of .

 Palm Jewels IPOShree Vasu Logistics IPO
Financials

Company Financials (Restated)

Period Ended28 Feb 201831 Mar 201731 Mar 201631 Mar 2015
Assets6.091.630.370.36
Total Income19.755.521.570.98
Profit After Tax0.440.020.01-0.00
NET Worth4.130.340.320.32
Reserves and Surplus2.700.020.010.00
Total Borrowing1.49
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets28.1627.3025.4923.35
Total Income22.7927.6923.0221.78
Profit After Tax1.890.790.760.66
Reserves and Surplus7.055.164.373.61
Total Borrowing13.6817.0316.0314.74
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.22%100%
Promoter Shareholding (Post-Issue)57.54%73%
Market Cap₹22.15 Cr.₹34.40 Cr.

Shares Offered

In the Palm Jewels IPO Retail Individual Investors (RII) are offered 14,08,000 shares while in Shree Vasu Logistics IPO retail investors are offered 14,08,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Palm Jewels IPO and 0 shares in Shree Vasu Logistics IPO.

 Palm Jewels IPOShree Vasu Logistics IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,52,000 shares1,08,000 shares
QIB0 shares0 shares
NII14,08,000 shares9,78,000 shares
RII14,08,000 shares9,78,000 shares
Employee0 shares0 shares
Total28,16,000 shares19,56,000 shares

Bids Received (Subscription)

Palm Jewels IPO subscribed 1.16x in total, whereas Shree Vasu Logistics IPO subscribed 1.67x.

 Palm Jewels IPOShree Vasu Logistics IPO
NII (times)0.82x2.45x
RII (times)1.50x0.88x
Total (times)1.16x1.67x

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Palm Jewels IPO Vs Shree Vasu Logistics IPO