Comparison between IRIS Clothings IPO and Veeram Infra Engineering IPO.
IRIS Clothings IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veeram Infra Engineering IPO is a SME Fixed Price proposed to list at BSE SME.
| IRIS Clothings IPO | Veeram Infra Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | VC Corporate Advisors Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Alacrity Securities 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 IRIS Clothings IPO is up to ₹10.51 Cr whereas the issue size of the Veeram Infra Engineering IPO is up to ₹10.18 Cr. The final issue price of IRIS Clothings IPO is ₹90.00 per share and of Veeram Infra Engineering IPO is ₹51.00 per share.
| IRIS Clothings IPO | Veeram Infra Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹90.00 per share | ₹51.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 11,68,000 shares | 19,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.51 Cr | up to ₹10.18 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 | 11,68,000 shares | 19,96,000 shares |
| Issue Size Total (Amount) | up to ₹10.51 Cr | up to ₹10.18 Cr |
IRIS Clothings IPO opens on Oct 10, 2018, while Veeram Infra Engineering IPO opens on Sep 28, 2018. The closing date of IRIS Clothings IPO and Veeram Infra Engineering IPO is Oct 12, 2018, and Oct 12, 2018, respectively.
| IRIS Clothings IPO | Veeram Infra Engineering IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 10, 2018 | Sep 28, 2018 |
| Issue Close | Oct 12, 2018 | Oct 12, 2018 |
| Basis Of Allotment (Tentative) | Oct 17, 2018 | |
| Initiation of Refunds (Tentative) | Oct 17, 2018 | |
| Credit of Share (Tentative) | Oct 19, 2018 | |
| Listing date (Tentative) | Oct 23, 2018 | Oct 23, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
IRIS Clothings IPO P/E ratio is , as compared to Veeram Infra Engineering IPO P/E ratio of .
| IRIS Clothings IPO | Veeram Infra Engineering IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹41.95 Cr. | ₹40.58 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRIS Clothings IPO Retail Individual Investors (RII) are offered 5,84,000 shares while in Veeram Infra Engineering IPO retail investors are offered 5,84,000 shares. Qualified Institutional Buyers (QIB) are offered in IRIS Clothings IPO and in Veeram Infra Engineering IPO.
| IRIS Clothings IPO | Veeram Infra Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 62,400 shares | 1,10,000 shares |
| QIB | ||
| NII | 5,84,000 shares | 9,98,000 shares |
| RII | 5,84,000 shares | 9,98,000 shares |
| Employee | ||
| Others | ||
| Total | 11,68,000 shares | 19,96,000 shares |
IRIS Clothings IPO subscribed 1.14x in total, whereas Veeram Infra Engineering IPO subscribed 1.19x.
| IRIS Clothings IPO | Veeram Infra Engineering IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.01x | 1.62x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.27x | 0.75x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.14x | 1.19x |
