Comparison between Silkflex Polymers IPO and Veritaas Advertising IPO.
Silkflex Polymers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Veritaas Advertising IPO is a SME Bookbuilding proposed to list at NSE SME.
| Silkflex Polymers IPO | Veritaas Advertising IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Shreni Shares Ltd. | Horizon Financial Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Silkflex Polymers IPO is up to ₹17.18 Cr whereas the issue size of the Veritaas Advertising IPO is up to ₹8.06 Cr. The final issue price of Silkflex Polymers IPO is ₹52.00 per share and of Veritaas Advertising IPO is ₹114.00 per share.
| Silkflex Polymers IPO | Veritaas Advertising IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹109.00 per share | |
| Issue Price (Upper) | ₹114.00 per share | |
| Issue Price (Final) | ₹52.00 per share | ₹114.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 33,04,000 shares | 7,06,800 shares |
| Fresh Issue Size (Amount) | up to ₹17.18 Cr | up to ₹8.06 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 33,04,000 shares | 7,06,800 shares |
| Issue Size Total (Amount) | up to ₹17.18 Cr | up to ₹8.06 Cr |
Silkflex Polymers IPO opens on May 07, 2024, while Veritaas Advertising IPO opens on May 13, 2024. The closing date of Silkflex Polymers IPO and Veritaas Advertising IPO is May 10, 2024, and May 15, 2024, respectively.
| Silkflex Polymers IPO | Veritaas Advertising IPO | |
|---|---|---|
| Anchor Bid Date | May 10, 2024 | |
| Issue Open | May 07, 2024 | May 13, 2024 |
| Issue Close | May 10, 2024 | May 15, 2024 |
| Basis Of Allotment (Tentative) | May 13, 2024 | May 16, 2024 |
| Initiation of Refunds (Tentative) | May 14, 2024 | May 17, 2024 |
| Credit of Share (Tentative) | May 14, 2024 | May 17, 2024 |
| Listing date (Tentative) | May 15, 2024 | May 21, 2024 |
| Anchor Lockin End date 1 | Jun 15, 2024 | |
| Anchor Lockin End date 2 | Aug 14, 2024 |
Silkflex Polymers IPO P/E ratio is 53.76, as compared to Veritaas Advertising IPO P/E ratio of 54.
| Silkflex Polymers IPO | Veritaas Advertising IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Silkflex Polymers (India) Limited Financial Information (Restated)Silkflex Polymers (India) Limited's revenue increased by 22.74% and profit after tax (PAT) rose by 14.58% between the financial year ending with March 31, 2023 and March 31, 2022.
| Veritaas Advertising Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.84 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.89 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 53.76 | 54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹60.36 Cr. | ₹32.18 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.91% | 44.24% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41.04% | 39.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.60 | 0.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.97 | ₹2.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.91% | 44.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Silkflex Polymers IPO Retail Individual Investors (RII) are offered 16,52,000 shares while in Veritaas Advertising IPO retail investors are offered 16,52,000 shares. Qualified Institutional Buyers (QIB) are offered in Silkflex Polymers IPO and 1,77,600 shares in Veritaas Advertising IPO.
| Silkflex Polymers IPO | Veritaas Advertising IPO | |
|---|---|---|
| Anchor Investor Reserveration | 1,74,000 shares | |
| Market Maker Reserveration | 1,78,000 shares | 37,200 shares |
| QIB | 1,77,600 shares | |
| NII | 16,52,000 shares | 1,06,800 shares |
| RII | 16,52,000 shares | 2,48,400 shares |
| Employee | ||
| Others | ||
| Total | 33,04,000 shares | 7,06,800 shares |
Silkflex Polymers IPO subscribed 39.30x in total, whereas Veritaas Advertising IPO subscribed 621.62x.
| Silkflex Polymers IPO | Veritaas Advertising IPO | |
|---|---|---|
| QIB (times) | 102.41x | |
| NII (times) | 36.59x | 629.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 35.97x | 989.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 39.30x | 621.62x |
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