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Upsurge Seeds of Agriculture IPO vs Veekayem Fashion IPO

Comparison between Upsurge Seeds of Agriculture IPO and Veekayem Fashion IPO.

IPO Details

Upsurge Seeds of Agriculture IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veekayem Fashion IPO is a SME Fixed Price proposed to list at NSE SME.

 Upsurge Seeds of Agriculture IPOVeekayem Fashion IPO
LogoUpsurge Seeds of Agriculture IPO LogoVeekayem Fashion IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Market MakerNikunj Stock Brokers Ltd.Econo Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Upsurge Seeds of Agriculture IPO is up to ₹21.66 Cr whereas the issue size of the Veekayem Fashion IPO is up to ₹4.21 Cr. The final issue price of Upsurge Seeds of Agriculture IPO is ₹120.00 per share and of Veekayem Fashion IPO is ₹28.00 per share.

 Upsurge Seeds of Agriculture IPOVeekayem Fashion IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹120.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares4000 shares
Fresh Issue Size18,04,800 shares15,04,000 shares
Fresh Issue Size (Amount)up to ₹21.66 Crup to ₹4.21 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,04,800 shares15,04,000 shares
Issue Size Total (Amount)up to ₹21.66 Crup to ₹4.21 Cr

IPO Timetable

Upsurge Seeds of Agriculture IPO opens on Jul 29, 2022, while Veekayem Fashion IPO opens on Aug 05, 2022. The closing date of Upsurge Seeds of Agriculture IPO and Veekayem Fashion IPO is Aug 02, 2022, and Aug 11, 2022, respectively.

 Upsurge Seeds of Agriculture IPOVeekayem Fashion IPO
Anchor Bid Date
Issue OpenJul 29, 2022Aug 05, 2022
Issue CloseAug 02, 2022Aug 11, 2022
Basis Of Allotment (Tentative)Aug 05, 2022Aug 17, 2022
Initiation of Refunds (Tentative)Aug 08, 2022Aug 18, 2022
Credit of Share (Tentative)Aug 10, 2022Aug 19, 2022
Listing date (Tentative)Aug 11, 2022Aug 22, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Upsurge Seeds of Agriculture IPO P/E ratio is 21.35, as compared to Veekayem Fashion IPO P/E ratio of 8.72.

 Upsurge Seeds of Agriculture IPOVeekayem Fashion IPO
Financials
Upsurge Seeds of Agriculture Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20835.391763.7321.9292.1442.14
31-Mar-211811.86290.3185.31324.45127.45
31-Mar-224087.497577.15396.441119.3603.4
Amount in ₹ Lakhs
Veekayem Fashion and Apparels Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-1911789.320317.36228.312973.172331.38
31-Mar-2012090.421571.46109.12869.652440.48
31-Mar-2112351.957670.0635.252904.92475.73
31-Mar-2213267.1914947.02188.543095.282666.11
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)96.9254.31
Promoter Shareholding (Post-Issue)70.8239.67
P/E Ratio21.358.72
Market Cap₹84.72 Cr.₹16.45 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Upsurge Seeds of Agriculture IPO Retail Individual Investors (RII) are offered 9,02,400 shares while in Veekayem Fashion IPO retail investors are offered 9,02,400 shares. Qualified Institutional Buyers (QIB) are offered in Upsurge Seeds of Agriculture IPO and in Veekayem Fashion IPO.

 Upsurge Seeds of Agriculture IPOVeekayem Fashion IPO
Anchor Investor Reserveration
Market Maker Reserveration96,000 shares80,000 shares
QIB
NII9,02,400 shares7,52,000 shares
RII9,02,400 shares7,52,000 shares
Employee
Others
Total18,04,800 shares15,04,000 shares

Bids Received (Subscription)

Upsurge Seeds of Agriculture IPO subscribed 80.50x in total, whereas Veekayem Fashion IPO subscribed 301.47x.

 Upsurge Seeds of Agriculture IPOVeekayem Fashion IPO
QIB (times)
NII (times)101.70x355.85x
Big NII (times)
Small NII (times)
RII (times)59.29x247.09x
Employee (times)
Other (times)
Total (times)80.50x301.47x