Sun Retail IPO vs Veeram Infra Engineering IPO

Comparison between Sun Retail IPO and Veeram Infra Engineering IPO.

IPO Details

Sun Retail 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 Sun Retail IPO is up to ₹9.27 Cr whereas the issue size of the Veeram Infra Engineering IPO is up to ₹10.18 Cr. The final issue price of Sun Retail IPO is ₹23.00 per share and of Veeram Infra Engineering IPO is ₹51.00 per share.

 Sun Retail IPOVeeram Infra Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹23.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size40,32,000 shares19,96,000 shares
Fresh Issue Size (Amount)up to ₹9.27 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 Total40,32,000 shares19,96,000 shares
Issue Size Total (Amount)up to ₹9.27 Crup to ₹10.18 Cr

IPO Timetable

Sun Retail IPO opens on Sep 27, 2018, while Veeram Infra Engineering IPO opens on Sep 28, 2018. The closing date of Sun Retail IPO and Veeram Infra Engineering IPO is Oct 08, 2018, and Oct 12, 2018, respectively.

 Sun Retail IPOVeeram Infra Engineering IPO
Issue OpenSep 27, 2018Sep 28, 2018
Issue CloseOct 08, 2018Oct 12, 2018
Basis Of Allotment (Tentative)Oct 11, 2018Oct 17, 2018
Listing date (Tentative)Oct 16, 2018Oct 23, 2018

Financials & KPIs

Sun Retail IPO P/E ratio is , as compared to Veeram Infra Engineering IPO P/E ratio of .

 Sun Retail IPOVeeram Infra Engineering IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets12.5910.925.78
Total Income65.3268.0625.63
Profit After Tax0.230.190.04
NET Worth6.881.201.01
Reserves and Surplus1.720.200.01
Total Borrowing3.874.724.11
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)99.98%62.48%
Promoter Shareholding (Post-Issue)54.64%45.94%
Market Cap₹22.31 Cr.₹40.58 Cr.

Shares Offered

In the Sun Retail IPO Retail Individual Investors (RII) are offered 20,16,000 shares while in Veeram Infra Engineering IPO retail investors are offered 20,16,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Sun Retail IPO and in Veeram Infra Engineering IPO.

 Sun Retail IPOVeeram Infra Engineering IPO
Anchor Investor Reservation0 shares
Market Maker Reservation3,66,000 shares1,10,000 shares
QIB0 shares
NII20,16,000 shares9,98,000 shares
RII20,16,000 shares9,98,000 shares
Employee0 shares
Total40,32,000 shares19,96,000 shares

Bids Received (Subscription)

Sun Retail IPO subscribed 1.61x in total, whereas Veeram Infra Engineering IPO subscribed 1.19x.

 Sun Retail IPOVeeram Infra Engineering IPO
NII (times)2.36x1.62x
RII (times)0.85x0.75x
Total (times)1.61x1.19x

Compare with others

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Sun Retail IPO Vs Veeram Infra Engineering IPO