Comparison between Insolation Energy IPO and Varanium Cloud IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Insolation Energy IPO P/E ratio is 11.41, as compared to Varanium Cloud IPO P/E ratio of 14.59.
Shares Offered
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 0 shares in Varanium Cloud IPO.
| | Insolation Energy IPO | Varanium Cloud IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 2,94,000 shares | 4,86,000 shares |
| QIB | | 0 shares |
| NII | 27,69,000 shares | 12,57,000 shares |
| RII | 27,69,000 shares | 12,57,000 shares |
| Employee | | 0 shares |
| Total | 55,38,000 shares | 25,14,000 shares |
Bids Received (Subscription)
Insolation Energy IPO subscribed 192.79x in total, whereas Varanium Cloud IPO subscribed 5.46x.
