Comparison between Maagh Advertising IPO and Vedant Asset IPO.
IPO Details
Maagh Advertising IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vedant Asset IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Maagh Advertising IPO is up to ₹8.66 Cr whereas the issue size of the Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Maagh Advertising IPO is ₹60.00 per share and of Vedant Asset IPO is ₹40.00 per share.
IPO Timetable
Maagh Advertising IPO opens on Sep 26, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Maagh Advertising IPO and Vedant Asset IPO is Oct 04, 2022, and Oct 04, 2022, respectively.
| | Maagh Advertising IPO | Vedant Asset IPO |
|---|
| Issue Open | Sep 26, 2022 | Sep 30, 2022 |
| Issue Close | Oct 04, 2022 | Oct 04, 2022 |
| Basis Of Allotment (Tentative) | Oct 10, 2022 | Oct 10, 2022 |
| Initiation of Refunds (Tentative) | Oct 11, 2022 | Oct 11, 2022 |
| Credit of Share (Tentative) | Oct 12, 2022 | Oct 12, 2022 |
| Listing date (Tentative) | Oct 13, 2022 | Oct 12, 2022 |
Financials & KPIs
Maagh Advertising IPO P/E ratio is 37.5, as compared to Vedant Asset IPO P/E ratio of 80.
Shares Offered
In the Maagh Advertising IPO Retail Individual Investors (RII) are offered 7,22,000 shares while in Vedant Asset IPO retail investors are offered 7,22,000 shares. Qualified Institutional Buyers (QIB) are offered in Maagh Advertising IPO and in Vedant Asset IPO.
| | Maagh Advertising IPO | Vedant Asset IPO |
|---|
| Market Maker Reservation | 76,000 shares | 42,000 shares |
| NII | 7,22,000 shares | 3,54,000 shares |
| RII | 7,22,000 shares | 3,54,000 shares |
| Total | 14,44,000 shares | 7,08,000 shares |
Bids Received (Subscription)
Maagh Advertising IPO subscribed 1.18x in total, whereas Vedant Asset IPO subscribed 49.07x.
