Comparison between Solex Energy IPO and Vasa Retail IPO.
Solex Energy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vasa Retail IPO is a SME Fixed Price proposed to list at NSE SME.
| Solex Energy IPO | Vasa Retail IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swastika Investmart Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Hem Finlease Pvt.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 Solex Energy IPO is up to ₹6.80 Cr whereas the issue size of the Vasa Retail IPO is up to ₹4.54 Cr. The final issue price of Solex Energy IPO is ₹52.00 per share and of Vasa Retail IPO is ₹30.00 per share.
| Solex Energy IPO | Vasa Retail IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹52.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 13,08,000 shares | 15,12,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.80 Cr | up to ₹4.54 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 | 13,08,000 shares | 15,12,000 shares |
| Issue Size Total (Amount) | up to ₹6.80 Cr | up to ₹4.54 Cr |
Solex Energy IPO opens on Jan 22, 2018, while Vasa Retail IPO opens on Jan 24, 2018. The closing date of Solex Energy IPO and Vasa Retail IPO is Jan 25, 2018, and Jan 29, 2018, respectively.
| Solex Energy IPO | Vasa Retail IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 22, 2018 | Jan 24, 2018 |
| Issue Close | Jan 25, 2018 | Jan 29, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 05, 2018 | Feb 06, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Solex Energy IPO P/E ratio is , as compared to Vasa Retail IPO P/E ratio of .
| Solex Energy IPO | Vasa Retail IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹25.69 Cr. | ₹17.98 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Solex Energy IPO Retail Individual Investors (RII) are offered 6,54,000 shares while in Vasa Retail IPO retail investors are offered 6,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Solex Energy IPO and in Vasa Retail IPO.
| Solex Energy IPO | Vasa Retail IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 72,000 shares | 88,000 shares |
| QIB | ||
| NII | 6,54,000 shares | 7,56,000 shares |
| RII | 6,54,000 shares | 7,56,000 shares |
| Employee | ||
| Others | ||
| Total | 13,08,000 shares | 15,12,000 shares |
Solex Energy IPO subscribed 20.16x in total, whereas Vasa Retail IPO subscribed 217.70x.
| Solex Energy IPO | Vasa Retail IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 15.40x | 175.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 24.91x | 259.96x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 20.16x | 217.70x |
