Aditya Vision IPO vs Veeram Ornaments IPO

Comparison between Aditya Vision IPO and Veeram Ornaments IPO.

IPO Details

Aditya Vision IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veeram Ornaments IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Aditya Vision IPO is up to ₹5.45 Cr whereas the issue size of the Veeram Ornaments IPO is up to ₹4.86 Cr. The final issue price of Aditya Vision IPO is ₹15.00 per share and of Veeram Ornaments IPO is ₹45.00 per share.

 Aditya Vision IPOVeeram Ornaments IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹15.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares3000 shares
Fresh Issue Size36,32,000 shares10,80,000 shares
Fresh Issue Size (Amount)up to ₹5.45 Crup to ₹4.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,32,000 shares10,80,000 shares
Issue Size Total (Amount)up to ₹5.45 Crup to ₹4.86 Cr

IPO Timetable

Aditya Vision IPO opens on Nov 28, 2016, while Veeram Ornaments IPO opens on Dec 23, 2016. The closing date of Aditya Vision IPO and Veeram Ornaments IPO is Dec 05, 2016, and Dec 28, 2016, respectively.

 Aditya Vision IPOVeeram Ornaments IPO
Issue OpenNov 28, 2016Dec 23, 2016
Issue CloseDec 05, 2016Dec 28, 2016
Basis Of Allotment (Tentative)Dec 08, 2016Jan 02, 2017
Listing date (Tentative)Dec 12, 2016Jan 05, 2017

Financials & KPIs

Aditya Vision IPO P/E ratio is , as compared to Veeram Ornaments IPO P/E ratio of .

 Aditya Vision IPOVeeram Ornaments IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets37.7538.8333.9725.70
Total Income113.11240.71179.18124.62
Profit After Tax0.541.181.130.73
NET Worth10.9210.388.277.14
Reserves and Surplus0.650.115.774.64
Total Borrowing13.898.8712.759.04
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets4.303.220.170.09
Total Income2.001.470.050.07
Profit After Tax0.280.070.000.00
NET Worth3.323.080.010.01
Reserves and Surplus3.022.740.000.00
Total Borrowing0.460.110.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)76.84%57.29%
Promoter Shareholding (Post-Issue)55.93%42.18%
Market Cap₹21.17 Cr.₹19.40 Cr.

Shares Offered

In the Aditya Vision IPO Retail Individual Investors (RII) are offered 18,16,000 shares while in Veeram Ornaments IPO retail investors are offered 18,16,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Aditya Vision IPO and 0 shares in Veeram Ornaments IPO.

 Aditya Vision IPOVeeram Ornaments IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,08,000 shares57,000 shares
QIB0 shares0 shares
NII18,16,000 shares5,40,000 shares
RII18,16,000 shares5,40,000 shares
Employee0 shares0 shares
Total36,32,000 shares10,80,000 shares

Bids Received (Subscription)

Aditya Vision IPO subscribed 1.14x in total, whereas Veeram Ornaments IPO subscribed 110.83x.

 Aditya Vision IPOVeeram Ornaments IPO
NII (times)1.51x174.44x
RII (times)0.77x47.22x
Total (times)1.14x110.83x

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Aditya Vision IPO Vs Veeram Ornaments IPO