SKP Bearing Industries IPO vs Veerkrupa Jewellers IPO

Comparison between SKP Bearing Industries IPO and Veerkrupa Jewellers IPO.

IPO Details

SKP Bearing Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veerkrupa Jewellers IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of SKP Bearing Industries IPO is up to ₹29.26 Cr whereas the issue size of the Veerkrupa Jewellers IPO is up to ₹7.69 Cr. The final issue price of SKP Bearing Industries IPO is ₹70.00 per share and of Veerkrupa Jewellers IPO is ₹27.00 per share.

 SKP Bearing Industries IPOVeerkrupa Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹70.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size13,80,000 shares28,48,000 shares
Fresh Issue Size (Amount)up to ₹9.66 Crup to ₹7.69 Cr
OFS Issue Size28,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹19.60 Crup to ₹0.00 Cr
Issue Size Total41,80,000 shares28,48,000 shares
Issue Size Total (Amount)up to ₹29.26 Crup to ₹7.69 Cr

IPO Timetable

SKP Bearing Industries IPO opens on Jun 30, 2022, while Veerkrupa Jewellers IPO opens on Jun 29, 2022. The closing date of SKP Bearing Industries IPO and Veerkrupa Jewellers IPO is Jul 05, 2022, and Jul 08, 2022, respectively.

Financials & KPIs

SKP Bearing Industries IPO P/E ratio is 9.49, as compared to Veerkrupa Jewellers IPO P/E ratio of 75.

 SKP Bearing Industries IPOVeerkrupa Jewellers IPO
Financials

Company Financials (Restated)

Period Ended05 Jan 202231 Mar 202131 Mar 202031 Mar 2019
Assets50.7952.8154.4943.58
Total Income34.4437.0932.5840.81
Profit After Tax9.407.468.129.93
NET Worth41.3045.8039.1430.87
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets11.6010.355.203.35
Total Income10.034.6310.951.65
Profit After Tax0.210.010.010.08
Reserves and Surplus3.253.043.030.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10079.94
Promoter Shareholding (Post-Issue)73.4949.44
P/E Ratio9.4975
Market Cap₹116.20 Cr.₹21.23 Cr.
ROE17.56
ROCE29.6
Debt/Equity0.01
EPS₹4.97₹0.06
RoNW16.280.22

Shares Offered

In the SKP Bearing Industries IPO Retail Individual Investors (RII) are offered 20,90,000 shares while in Veerkrupa Jewellers IPO retail investors are offered 20,90,000 shares. Qualified Institutional Buyers (QIB) are offered in SKP Bearing Industries IPO and in Veerkrupa Jewellers IPO.

 SKP Bearing Industries IPOVeerkrupa Jewellers IPO
Anchor Investor Reservation
Market Maker Reservation2,20,000 shares1,52,000 shares
QIB
NII20,90,000 shares14,24,000 shares
RII20,90,000 shares14,24,000 shares
Employee
Others
Total41,80,000 shares28,48,000 shares

Bids Received (Subscription)

SKP Bearing Industries IPO subscribed 10.06x in total, whereas Veerkrupa Jewellers IPO subscribed 0.85x.

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SKP Bearing Industries IPO Vs Veerkrupa Jewellers IPO