Comparison between Shantidoot Infra IPO and Varanium Cloud IPO.
IPO Details
Shantidoot Infra 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 Shantidoot Infra IPO is up to ₹3.81 Cr whereas the issue size of the Varanium Cloud IPO is up to ₹30.67 Cr. The final issue price of Shantidoot Infra IPO is ₹81.00 per share and of Varanium Cloud IPO is ₹122.00 per share.
| | Shantidoot Infra IPO | Varanium Cloud IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹81.00 per share | ₹122.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 2,22,400 shares | 25,14,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.80 Cr | up to ₹30.67 Cr |
| OFS Issue Size | 2,48,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.01 Cr | up to ₹0.00 Cr |
| Issue Size Total | 4,70,400 shares | 25,14,000 shares |
| Issue Size Total (Amount) | up to ₹3.81 Cr | up to ₹30.67 Cr |
IPO Timetable
Shantidoot Infra IPO opens on Sep 06, 2022, while Varanium Cloud IPO opens on Sep 16, 2022. The closing date of Shantidoot Infra IPO and Varanium Cloud IPO is Sep 09, 2022, and Sep 20, 2022, respectively.
| | Shantidoot Infra IPO | Varanium Cloud IPO |
|---|
| Issue Open | Sep 06, 2022 | Sep 16, 2022 |
| Issue Close | Sep 09, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Sep 14, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Sep 15, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Sep 16, 2022 | Sep 27, 2022 |
| Listing date (Tentative) | Sep 19, 2022 | Sep 27, 2022 |
Financials & KPIs
Shantidoot Infra IPO P/E ratio is 10.37, as compared to Varanium Cloud IPO P/E ratio of 14.59.
Shares Offered
In the Shantidoot Infra IPO Retail Individual Investors (RII) are offered 2,35,200 shares while in Varanium Cloud IPO retail investors are offered 2,35,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Shantidoot Infra IPO and 0 shares in Varanium Cloud IPO.
| | Shantidoot Infra IPO | Varanium Cloud IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 25,600 shares | 4,86,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 2,35,200 shares | 12,57,000 shares |
| RII | 2,35,200 shares | 12,57,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 4,70,400 shares | 25,14,000 shares |
Bids Received (Subscription)
Shantidoot Infra IPO subscribed 2.85x in total, whereas Varanium Cloud IPO subscribed 5.46x.