Comparison between Mafia Trends IPO and Varanium Cloud IPO.
IPO Details
Mafia Trends 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 Mafia Trends IPO is up to ₹3.40 Cr whereas the issue size of the Varanium Cloud IPO is up to ₹30.67 Cr. The final issue price of Mafia Trends IPO is ₹28.00 per share and of Varanium Cloud IPO is ₹122.00 per share.
IPO Timetable
Mafia Trends IPO opens on Sep 22, 2022, while Varanium Cloud IPO opens on Sep 16, 2022. The closing date of Mafia Trends IPO and Varanium Cloud IPO is Sep 27, 2022, and Sep 20, 2022, respectively.
| | Mafia Trends IPO | Varanium Cloud IPO |
|---|
| Issue Open | Sep 22, 2022 | Sep 16, 2022 |
| Issue Close | Sep 27, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Sep 30, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Oct 03, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Oct 04, 2022 | Sep 27, 2022 |
| Listing date (Tentative) | Oct 06, 2022 | Sep 27, 2022 |
Financials & KPIs
Mafia Trends IPO P/E ratio is 15.21, as compared to Varanium Cloud IPO P/E ratio of 14.59.
Shares Offered
In the Mafia Trends IPO Retail Individual Investors (RII) are offered 6,08,000 shares while in Varanium Cloud IPO retail investors are offered 6,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Mafia Trends IPO and 0 shares in Varanium Cloud IPO.
| | Mafia Trends IPO | Varanium Cloud IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 68,000 shares | 4,86,000 shares |
| QIB | | 0 shares |
| NII | 6,08,000 shares | 12,57,000 shares |
| RII | 6,08,000 shares | 12,57,000 shares |
| Employee | | 0 shares |
| Total | 12,16,000 shares | 25,14,000 shares |
Bids Received (Subscription)
Mafia Trends IPO subscribed 4.94x in total, whereas Varanium Cloud IPO subscribed 5.46x.
