Comparison between Shine Fashions IPO and Veer Global Infraconstruction IPO.
Shine Fashions 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.
The total issue size of Shine Fashions IPO is up to ₹1.51 Cr whereas the issue size of the Veer Global Infraconstruction IPO is up to ₹4.66 Cr. The final issue price of Shine Fashions IPO is ₹40.00 per share and of Veer Global Infraconstruction IPO is ₹28.00 per share.
| Shine Fashions IPO | Veer Global Infraconstruction IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹40.00 per share | ₹28.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 3,78,000 shares | 16,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.51 Cr | up to ₹4.66 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 | 3,78,000 shares | 16,64,000 shares |
| Issue Size Total (Amount) | up to ₹1.51 Cr | up to ₹4.66 Cr |
Shine Fashions IPO opens on Oct 22, 2020, while Veer Global Infraconstruction IPO opens on Sep 30, 2020. The closing date of Shine Fashions IPO and Veer Global Infraconstruction IPO is Oct 26, 2020, and Oct 09, 2020, respectively.
| Shine Fashions IPO | Veer Global Infraconstruction IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 22, 2020 | Sep 30, 2020 |
| Issue Close | Oct 26, 2020 | Oct 09, 2020 |
| Basis Of Allotment (Tentative) | Oct 14, 2020 | |
| Initiation of Refunds (Tentative) | Oct 15, 2020 | |
| Credit of Share (Tentative) | Oct 16, 2020 | |
| Listing date (Tentative) | Nov 02, 2020 | Oct 19, 2020 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Shine Fashions IPO P/E ratio is , as compared to Veer Global Infraconstruction IPO P/E ratio of .
| Shine Fashions IPO | Veer Global Infraconstruction IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.98 | 20.34 | ||||
| Promoter Shareholding (Post-Issue) | 29.69 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹5.60 Cr. | ₹18.47 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Shine Fashions IPO Retail Individual Investors (RII) are offered 1,89,000 shares while in Veer Global Infraconstruction IPO retail investors are offered 1,89,000 shares. Qualified Institutional Buyers (QIB) are offered in Shine Fashions IPO and in Veer Global Infraconstruction IPO.
| Shine Fashions IPO | Veer Global Infraconstruction IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 21,000 shares | 92,000 shares |
| QIB | ||
| NII | 1,89,000 shares | 8,32,000 shares |
| RII | 1,89,000 shares | 8,32,000 shares |
| Employee | ||
| Others | ||
| Total | 3,78,000 shares | 16,64,000 shares |
Shine Fashions IPO subscribed 1.73x in total, whereas Veer Global Infraconstruction IPO subscribed 1.59x.
| Shine Fashions IPO | Veer Global Infraconstruction IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.83x | 1.94x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.63x | 1.25x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.73x | 1.59x |
