Comparison between Insolation Energy IPO and Varanium Cloud IPO.
Insolation Energy IPO is a SME Fixed Price IPO proposed to list at BSE SME while Varanium Cloud IPO is a SME Fixed Price proposed to list at NSE SME.
| Insolation Energy IPO | Varanium Cloud IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Holani Consultants Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Holani Consultants Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Insolation Energy IPO is up to ₹21.04 Cr whereas the issue size of the Varanium Cloud IPO is up to ₹30.67 Cr. The final issue price of Insolation Energy IPO is ₹38.00 per share and of Varanium Cloud IPO is ₹122.00 per share.
| Insolation Energy IPO | Varanium Cloud IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | |
| Issue Price (Upper) | ₹38.00 per share | |
| Issue Price (Final) | ₹38.00 per share | ₹122.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 55,38,000 shares | 25,14,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.04 Cr | up to ₹30.67 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 | 55,38,000 shares | 25,14,000 shares |
| Issue Size Total (Amount) | up to ₹21.04 Cr | up to ₹30.67 Cr |
Insolation Energy IPO opens on Sep 26, 2022, while Varanium Cloud IPO opens on Sep 16, 2022. The closing date of Insolation Energy IPO and Varanium Cloud IPO is Sep 29, 2022, and Sep 20, 2022, respectively.
| Insolation Energy IPO | Varanium Cloud IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 26, 2022 | Sep 16, 2022 |
| Issue Close | Sep 29, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Sep 27, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Sep 27, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Insolation Energy IPO P/E ratio is 11.41, as compared to Varanium Cloud IPO P/E ratio of 14.59.
| Insolation Energy IPO | Varanium Cloud IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
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| Promoter Shareholding (Pre-Issue) | 97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.41 | 14.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹79.16 Cr. | ₹122.63 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Insolation Energy IPO Retail Individual Investors (RII) are offered 27,69,000 shares while in Varanium Cloud IPO retail investors are offered 27,69,000 shares. Qualified Institutional Buyers (QIB) are offered in Insolation Energy IPO and in Varanium Cloud IPO.
| Insolation Energy IPO | Varanium Cloud IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 2,94,000 shares | 4,86,000 shares |
| QIB | ||
| NII | 27,69,000 shares | 12,57,000 shares |
| RII | 27,69,000 shares | 12,57,000 shares |
| Employee | ||
| Others | ||
| Total | 55,38,000 shares | 25,14,000 shares |
Insolation Energy IPO subscribed 192.79x in total, whereas Varanium Cloud IPO subscribed 5.46x.
| Insolation Energy IPO | Varanium Cloud IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 150.02x | 5.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 235.55x | 5.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 192.79x | 5.46x |
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