Comparison between Shubham Polyspin IPO and Veeram Infra Engineering IPO.
IPO Details
Shubham Polyspin IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veeram Infra Engineering IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Shubham Polyspin IPO is up to ₹5.69 Cr whereas the issue size of the Veeram Infra Engineering IPO is up to ₹10.18 Cr. The final issue price of Shubham Polyspin IPO is ₹40.00 per share and of Veeram Infra Engineering IPO is ₹51.00 per share.
IPO Timetable
Shubham Polyspin IPO opens on Sep 28, 2018, while Veeram Infra Engineering IPO opens on Sep 28, 2018. The closing date of Shubham Polyspin IPO and Veeram Infra Engineering IPO is Oct 04, 2018, and Oct 12, 2018, respectively.
Financials & KPIs
Shubham Polyspin IPO P/E ratio is , as compared to Veeram Infra Engineering IPO P/E ratio of .
Shares Offered
In the Shubham Polyspin IPO Retail Individual Investors (RII) are offered 7,11,000 shares while in Veeram Infra Engineering IPO retail investors are offered 7,11,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Shubham Polyspin IPO and in Veeram Infra Engineering IPO.
| | Shubham Polyspin IPO | Veeram Infra Engineering IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 78,000 shares | 1,10,000 shares |
| QIB | 0 shares | |
| NII | 7,11,000 shares | 9,98,000 shares |
| RII | 7,11,000 shares | 9,98,000 shares |
| Employee | 0 shares | |
| Total | 14,22,000 shares | 19,96,000 shares |
Bids Received (Subscription)
Shubham Polyspin IPO subscribed 2.95x in total, whereas Veeram Infra Engineering IPO subscribed 1.19x.