Comparison between Global Pet Industries IPO and Veefin Solutions IPO.
IPO Details
Global Pet Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veefin Solutions IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Global Pet Industries IPO is up to ₹12.55 Cr whereas the issue size of the Veefin Solutions IPO is up to ₹44.37 Cr. The final issue price of Global Pet Industries IPO is ₹49.00 per share and of Veefin Solutions IPO is ₹82.00 per share.
| | Global Pet Industries IPO | Veefin Solutions IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹49.00 per share | ₹82.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 25,62,000 shares | 25,61,600 shares |
| Fresh Issue Size (Amount) | up to ₹12.55 Cr | up to ₹21.01 Cr |
| OFS Issue Size | 0 shares | 28,49,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹23.37 Cr |
| Issue Size Total | 25,62,000 shares | 54,11,200 shares |
| Issue Size Total (Amount) | up to ₹12.55 Cr | up to ₹44.37 Cr |
IPO Timetable
Global Pet Industries IPO opens on Jun 28, 2023, while Veefin Solutions IPO opens on Jun 22, 2023. The closing date of Global Pet Industries IPO and Veefin Solutions IPO is Jul 03, 2023, and Jun 26, 2023, respectively.
| | Global Pet Industries IPO | Veefin Solutions IPO |
|---|
| Issue Open | Jun 28, 2023 | Jun 22, 2023 |
| Issue Close | Jul 03, 2023 | Jun 26, 2023 |
| Basis Of Allotment (Tentative) | Jul 06, 2023 | Jun 30, 2023 |
| Initiation of Refunds (Tentative) | Jul 07, 2023 | Jul 03, 2023 |
| Credit of Share (Tentative) | Jul 10, 2023 | Jul 04, 2023 |
| Listing date (Tentative) | Jul 10, 2023 | Jul 05, 2023 |
Financials & KPIs
Global Pet Industries IPO P/E ratio is 23, as compared to Veefin Solutions IPO P/E ratio of 41.41.
Shares Offered
In the Global Pet Industries IPO Retail Individual Investors (RII) are offered 12,81,000 shares while in Veefin Solutions IPO retail investors are offered 12,81,000 shares. Qualified Institutional Buyers (QIB) are offered in Global Pet Industries IPO and 0 shares in Veefin Solutions IPO.
| | Global Pet Industries IPO | Veefin Solutions IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 1,38,000 shares | 2,88,000 shares |
| QIB | | 0 shares |
| NII | 12,81,000 shares | 27,05,600 shares |
| RII | 12,81,000 shares | 27,05,600 shares |
| Employee | | 0 shares |
| Total | 25,62,000 shares | 54,11,200 shares |
Bids Received (Subscription)
Global Pet Industries IPO subscribed 4.29x in total, whereas Veefin Solutions IPO subscribed 2.45x.
