Comparison between Rhetan TMT IPO and Veekayem Fashion IPO.
Rhetan TMT IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veekayem Fashion IPO is a SME Fixed Price proposed to list at NSE SME.
| Rhetan TMT IPO | Veekayem Fashion IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Econo Broking 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 Rhetan TMT IPO is up to ₹53.09 Cr whereas the issue size of the Veekayem Fashion IPO is up to ₹4.21 Cr. The final issue price of Rhetan TMT IPO is ₹70.00 per share and of Veekayem Fashion IPO is ₹28.00 per share.
| Rhetan TMT IPO | Veekayem Fashion IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹70.00 per share | ₹28.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 75,84,000 shares | 15,04,000 shares |
| Fresh Issue Size (Amount) | up to ₹53.09 Cr | up to ₹4.21 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 | 75,84,000 shares | 15,04,000 shares |
| Issue Size Total (Amount) | up to ₹53.09 Cr | up to ₹4.21 Cr |
Rhetan TMT IPO opens on Aug 22, 2022, while Veekayem Fashion IPO opens on Aug 05, 2022. The closing date of Rhetan TMT IPO and Veekayem Fashion IPO is Aug 25, 2022, and Aug 11, 2022, respectively.
| Rhetan TMT IPO | Veekayem Fashion IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 22, 2022 | Aug 05, 2022 |
| Issue Close | Aug 25, 2022 | Aug 11, 2022 |
| Basis Of Allotment (Tentative) | Aug 30, 2022 | Aug 17, 2022 |
| Initiation of Refunds (Tentative) | Sep 01, 2022 | Aug 18, 2022 |
| Credit of Share (Tentative) | Sep 02, 2022 | Aug 19, 2022 |
| Listing date (Tentative) | Sep 05, 2022 | Aug 22, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Rhetan TMT IPO P/E ratio is 63.64, as compared to Veekayem Fashion IPO P/E ratio of 8.72.
| Rhetan TMT IPO | Veekayem Fashion IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.62 | 54.31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.12 | 39.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 63.64 | 8.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹148.75 Cr. | ₹16.45 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.00 | ₹4.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.14 | 6.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Rhetan TMT IPO Retail Individual Investors (RII) are offered 37,92,000 shares while in Veekayem Fashion IPO retail investors are offered 37,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Rhetan TMT IPO and in Veekayem Fashion IPO.
| Rhetan TMT IPO | Veekayem Fashion IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 4,16,000 shares | 80,000 shares |
| QIB | ||
| NII | 37,92,000 shares | 7,52,000 shares |
| RII | 37,92,000 shares | 7,52,000 shares |
| Employee | ||
| Others | ||
| Total | 75,84,000 shares | 15,04,000 shares |
Rhetan TMT IPO subscribed 1.47x in total, whereas Veekayem Fashion IPO subscribed 301.47x.
| Rhetan TMT IPO | Veekayem Fashion IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.18x | 355.85x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.76x | 247.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.47x | 301.47x |
