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 IPO | Veerkrupa Jewellers IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹70.00 per share | ₹27.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 13,80,000 shares | 28,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.66 Cr | up to ₹7.69 Cr |
| OFS Issue Size | 28,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹19.60 Cr | up to ₹0.00 Cr |
| Issue Size Total | 41,80,000 shares | 28,48,000 shares |
| Issue Size Total (Amount) | up to ₹29.26 Cr | up 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.
| | SKP Bearing Industries IPO | Veerkrupa Jewellers IPO |
|---|
| Issue Open | Jun 30, 2022 | Jun 29, 2022 |
| Issue Close | Jul 05, 2022 | Jul 08, 2022 |
| Basis Of Allotment (Tentative) | Jul 08, 2022 | Jul 08, 2022 |
| Initiation of Refunds (Tentative) | Jul 11, 2022 | Jul 11, 2022 |
| Credit of Share (Tentative) | Jul 12, 2022 | Jul 12, 2022 |
| Listing date (Tentative) | Jul 13, 2022 | Jul 18, 2022 |
Financials & KPIs
SKP Bearing Industries IPO P/E ratio is 9.49, as compared to Veerkrupa Jewellers IPO P/E ratio of 75.
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 0 shares in SKP Bearing Industries IPO and in Veerkrupa Jewellers IPO.
| | SKP Bearing Industries IPO | Veerkrupa Jewellers IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 2,20,000 shares | 1,52,000 shares |
| QIB | 0 shares | |
| NII | 20,90,000 shares | 14,24,000 shares |
| RII | 20,90,000 shares | 14,24,000 shares |
| Employee | 0 shares | |
| Total | 41,80,000 shares | 28,48,000 shares |
Bids Received (Subscription)
SKP Bearing Industries IPO subscribed 10.06x in total, whereas Veerkrupa Jewellers IPO subscribed 0.85x.
