Comparison between Northern Spirits IPO and V R Films IPO.
Northern Spirits IPO is a SME Fixed Price IPO proposed to list at BSE SME while V R Films IPO is a SME Fixed Price proposed to list at BSE SME.
| Northern Spirits IPO | V R Films IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Hem Securities Ltd. |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Airan Finstocks Pvt.Ltd. | Hem Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Northern Spirits IPO is up to ₹17.57 Cr whereas the issue size of the V R Films IPO is up to ₹2.15 Cr. The final issue price of Northern Spirits IPO is ₹43.00 per share and of V R Films IPO is ₹61.00 per share.
| Northern Spirits IPO | V R Films IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹43.00 per share | ₹61.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 40,86,000 shares | 3,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.57 Cr | up to ₹2.15 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 | 40,86,000 shares | 3,52,000 shares |
| Issue Size Total (Amount) | up to ₹17.57 Cr | up to ₹2.15 Cr |
Northern Spirits IPO opens on Mar 22, 2019, while V R Films IPO opens on Apr 12, 2019. The closing date of Northern Spirits IPO and V R Films IPO is Mar 27, 2019, and Apr 18, 2019, respectively.
| Northern Spirits IPO | V R Films IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 22, 2019 | Apr 12, 2019 |
| Issue Close | Mar 27, 2019 | Apr 18, 2019 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 04, 2019 | Apr 30, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Northern Spirits IPO P/E ratio is , as compared to V R Films IPO P/E ratio of .
| Northern Spirits IPO | V R Films IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 90.98 | 99.99 | ||||
| Promoter Shareholding (Post-Issue) | 66.59 | 72.89 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹69.02 Cr. | ₹8.37 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Northern Spirits IPO Retail Individual Investors (RII) are offered 20,43,000 shares while in V R Films IPO retail investors are offered 20,43,000 shares. Qualified Institutional Buyers (QIB) are offered in Northern Spirits IPO and in V R Films IPO.
| Northern Spirits IPO | V R Films IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,16,000 shares | 20,000 shares |
| QIB | ||
| NII | 20,43,000 shares | 1,76,000 shares |
| RII | 20,43,000 shares | 1,76,000 shares |
| Employee | ||
| Others | ||
| Total | 40,86,000 shares | 3,52,000 shares |
Northern Spirits IPO subscribed 1.30x in total, whereas V R Films IPO subscribed 1.53x.
| Northern Spirits IPO | V R Films IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.83x | 1.50x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.78x | 1.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.30x | 1.53x |
