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Advait Infratech IPO vs Veer Global Infraconstruction IPO

Comparison between Advait Infratech IPO and Veer Global Infraconstruction IPO.

IPO Details

Advait Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veer Global Infraconstruction IPO is a SME Fixed Price proposed to list at BSE SME.

 Advait Infratech IPOVeer Global Infraconstruction IPO
LogoAdvait Infratech IPO LogoVeer Global Infraconstruction IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersISK Advisors Pvt.Ltd.Capital Square Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Advait Infratech IPO is up to ₹6.54 Cr whereas the issue size of the Veer Global Infraconstruction IPO is up to ₹4.66 Cr. The final issue price of Advait Infratech IPO is ₹51.00 per share and of Veer Global Infraconstruction IPO is ₹28.00 per share.

 Advait Infratech IPOVeer Global Infraconstruction IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares4000 shares
Fresh Issue Size12,82,000 shares16,64,000 shares
Fresh Issue Size (Amount)up to ₹6.54 Crup to ₹4.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,82,000 shares16,64,000 shares
Issue Size Total (Amount)up to ₹6.54 Crup to ₹4.66 Cr

IPO Timetable

Advait Infratech IPO opens on Sep 15, 2020, while Veer Global Infraconstruction IPO opens on Sep 30, 2020. The closing date of Advait Infratech IPO and Veer Global Infraconstruction IPO is Sep 18, 2020, and Oct 09, 2020, respectively.

 Advait Infratech IPOVeer Global Infraconstruction IPO
Issue OpenSep 15, 2020Sep 30, 2020
Issue CloseSep 18, 2020Oct 09, 2020
Basis Of Allotment (Tentative)Sep 25, 2020Oct 14, 2020
Initiation of Refunds (Tentative)Sep 28, 2020Oct 15, 2020
Credit of Share (Tentative)Sep 29, 2020Oct 16, 2020
Listing date (Tentative)Sep 28, 2020Oct 19, 2020

Financials & KPIs

Advait Infratech IPO P/E ratio is , as compared to Veer Global Infraconstruction IPO P/E ratio of .

 Advait Infratech IPOVeer Global Infraconstruction IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets51.5644.3733.16
Total Income45.8128.5245.32
Profit After Tax0.542.496.21
NET Worth19.3718.8716.31
Reserves and Surplus15.6215.0816.30
Total Borrowing9.895.950.69
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets32.9029.2920.22
Total Income8.6310.082.33
Profit After Tax0.180.130.05
EBITDA0.300.220.13
NET Worth10.425.844.50
Reserves and Surplus5.683.893.01
Total Borrowing0.171.250.94
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%85.40%
Promoter Shareholding (Post-Issue)73.51%61.38%
Market Cap₹26.01 Cr.₹18.47 Cr.

Shares Offered

In the Advait Infratech IPO Retail Individual Investors (RII) are offered 6,41,000 shares while in Veer Global Infraconstruction IPO retail investors are offered 6,41,000 shares. Qualified Institutional Buyers (QIB) are offered in Advait Infratech IPO and 0 shares in Veer Global Infraconstruction IPO.

 Advait Infratech IPOVeer Global Infraconstruction IPO
Anchor Investor Reservation0 shares
Market Maker Reservation68,000 shares92,000 shares
QIB0 shares
NII6,41,000 shares8,32,000 shares
RII6,41,000 shares8,32,000 shares
Employee0 shares
Total12,82,000 shares16,64,000 shares

Bids Received (Subscription)

Advait Infratech IPO subscribed 2.02x in total, whereas Veer Global Infraconstruction IPO subscribed 1.59x.

 Advait Infratech IPOVeer Global Infraconstruction IPO
NII (times)1.61x1.94x
RII (times)2.44x1.25x
Total (times)2.02x1.59x

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Compare:

Advait Infratech IPO Vs Veer Global Infraconstruction IPO