Shubham Polyspin IPO vs Veeram Infra Engineering IPO

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.

 Shubham Polyspin IPOVeeram Infra Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size14,22,000 shares19,96,000 shares
Fresh Issue Size (Amount)up to ₹5.69 Crup to ₹10.18 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,22,000 shares19,96,000 shares
Issue Size Total (Amount)up to ₹5.69 Crup to ₹10.18 Cr

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.

 Shubham Polyspin IPOVeeram Infra Engineering IPO
Issue OpenSep 28, 2018Sep 28, 2018
Issue CloseOct 04, 2018Oct 12, 2018
Basis Of Allotment (Tentative)Oct 09, 2018Oct 17, 2018
Listing date (Tentative)Oct 12, 2018Oct 23, 2018

Financials & KPIs

Shubham Polyspin IPO P/E ratio is , as compared to Veeram Infra Engineering IPO P/E ratio of .

 Shubham Polyspin IPOVeeram Infra Engineering IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets17.8420.2914.47
Total Income28.2717.7115.40
Profit After Tax1.480.220.25
NET Worth6.164.693.47
Reserves and Surplus2.150.680.46
Total Borrowing7.8611.438.21
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets9.350.260.26
Total Income12.820.040.03
Profit After Tax0.670.000.00
NET Worth6.530.090.09
Reserves and Surplus3.760.040.04
Total Borrowing0.720.030.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%62.48%
Promoter Shareholding (Post-Issue)72.78%45.94%
Market Cap₹22.04 Cr.₹40.58 Cr.

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 IPOVeeram Infra Engineering IPO
Anchor Investor Reservation0 shares
Market Maker Reservation78,000 shares1,10,000 shares
QIB0 shares
NII7,11,000 shares9,98,000 shares
RII7,11,000 shares9,98,000 shares
Employee0 shares
Total14,22,000 shares19,96,000 shares

Bids Received (Subscription)

Shubham Polyspin IPO subscribed 2.95x in total, whereas Veeram Infra Engineering IPO subscribed 1.19x.

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