Sigma Solve IPO vs Veer Global Infraconstruction IPO

Comparison between Sigma Solve IPO and Veer Global Infraconstruction IPO.

IPO Details

Sigma Solve IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veer Global Infraconstruction IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Sigma Solve IPO is up to ₹4.70 Cr whereas the issue size of the Veer Global Infraconstruction IPO is up to ₹4.66 Cr. The final issue price of Sigma Solve IPO is ₹45.00 per share and of Veer Global Infraconstruction IPO is ₹28.00 per share.

 Sigma Solve IPOVeer Global Infraconstruction IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹45.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size10,44,000 shares16,64,000 shares
Fresh Issue Size (Amount)up to ₹4.70 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 Total10,44,000 shares16,64,000 shares
Issue Size Total (Amount)up to ₹4.70 Crup to ₹4.66 Cr

IPO Timetable

Sigma Solve IPO opens on Sep 29, 2020, while Veer Global Infraconstruction IPO opens on Sep 30, 2020. The closing date of Sigma Solve IPO and Veer Global Infraconstruction IPO is Oct 09, 2020, and Oct 09, 2020, respectively.

 Sigma Solve IPOVeer Global Infraconstruction IPO
Issue OpenSep 29, 2020Sep 30, 2020
Issue CloseOct 09, 2020Oct 09, 2020
Basis Of Allotment (Tentative)Oct 14, 2020Oct 14, 2020
Initiation of Refunds (Tentative)Oct 15, 2020Oct 15, 2020
Credit of Share (Tentative)Oct 15, 2020Oct 16, 2020
Listing date (Tentative)Oct 19, 2020Oct 19, 2020

Financials & KPIs

Sigma Solve IPO P/E ratio is , as compared to Veer Global Infraconstruction IPO P/E ratio of .

 Sigma Solve IPOVeer Global Infraconstruction IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets4.982.261.12
Total Income5.693.492.57
Profit After Tax0.650.350.23
EBITDA0.940.550.34
NET Worth3.330.900.55
Reserves and Surplus0.540.890.54
Total Borrowing0.340.780.22
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets32.9029.2920.22
Total Income8.6310.082.33
Profit After Tax0.180.130.05
EBITDA0.300.220.13
NET Worth10.425.844.50
Reserves and Surplus5.683.893.01
Total Borrowing0.171.250.94
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%85.40%
Promoter Shareholding (Post-Issue)73.22%61.38%
Market Cap₹18.50 Cr.₹18.47 Cr.

Shares Offered

In the Sigma Solve IPO Retail Individual Investors (RII) are offered 5,22,000 shares while in Veer Global Infraconstruction IPO retail investors are offered 5,22,000 shares. Qualified Institutional Buyers (QIB) are offered in Sigma Solve IPO and 0 shares in Veer Global Infraconstruction IPO.

 Sigma Solve IPOVeer Global Infraconstruction IPO
Anchor Investor Reservation0 shares
Market Maker Reservation57,000 shares92,000 shares
QIB0 shares
NII5,22,000 shares8,32,000 shares
RII5,22,000 shares8,32,000 shares
Employee0 shares
Total10,44,000 shares16,64,000 shares

Bids Received (Subscription)

Sigma Solve IPO subscribed 1.59x in total, whereas Veer Global Infraconstruction IPO subscribed 1.59x.

Compare with others

Compare:

Sigma Solve IPO Vs Veer Global Infraconstruction IPO