Agro Phos IPO vs Veeram Ornaments IPO

Comparison between Agro Phos IPO and Veeram Ornaments IPO.

IPO Details

Agro Phos IPO is a SME Fixed Price IPO proposed to list at NSE 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 Agro Phos IPO is up to ₹12.25 Cr whereas the issue size of the Veeram Ornaments IPO is up to ₹4.86 Cr. The final issue price of Agro Phos IPO is ₹22.00 per share and of Veeram Ornaments IPO is ₹45.00 per share.

 Agro Phos IPOVeeram Ornaments IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹19.00 per share
Issue Price (Upper)₹22.00 per share
Issue Price (Final)₹22.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares3000 shares
Fresh Issue Size55,68,000 shares10,80,000 shares
Fresh Issue Size (Amount)up to ₹12.25 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 Total55,68,000 shares10,80,000 shares
Issue Size Total (Amount)up to ₹12.25 Crup to ₹4.86 Cr

IPO Timetable

Agro Phos IPO opens on Oct 27, 2016, while Veeram Ornaments IPO opens on Dec 23, 2016. The closing date of Agro Phos IPO and Veeram Ornaments IPO is Nov 07, 2016, and Dec 28, 2016, respectively.

 Agro Phos IPOVeeram Ornaments IPO
Issue OpenOct 27, 2016Dec 23, 2016
Issue CloseNov 07, 2016Dec 28, 2016
Basis Of Allotment (Tentative)Nov 10, 2016Jan 02, 2017
Listing date (Tentative)Nov 16, 2016Jan 05, 2017

Financials & KPIs

Agro Phos IPO P/E ratio is , as compared to Veeram Ornaments IPO P/E ratio of .

 Agro Phos IPOVeeram Ornaments IPO
Financials

Company Financials (Restated)

Period Ended30 Apr 201631 Mar 201631 Mar 201531 Mar 2014
Assets70.5470.3752.3235.69
Total Income3.6572.7765.8062.29
Profit After Tax0.073.5310.081.28
NET Worth24.2524.1820.509.53
Reserves and Surplus21.3721.3017.628.06
Total Borrowing20.1620.4517.3012.36
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)76.44%57.29%
Promoter Shareholding (Post-Issue)54.27%42.18%
Market Cap₹44.60 Cr.₹19.40 Cr.

Shares Offered

In the Agro Phos IPO Retail Individual Investors (RII) are offered 27,84,000 shares while in Veeram Ornaments IPO retail investors are offered 27,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Agro Phos IPO and 0 shares in Veeram Ornaments IPO.

 Agro Phos IPOVeeram Ornaments IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,12,000 shares57,000 shares
QIB0 shares0 shares
NII27,84,000 shares5,40,000 shares
RII27,84,000 shares5,40,000 shares
Employee0 shares0 shares
Total55,68,000 shares10,80,000 shares

Bids Received (Subscription)

Agro Phos IPO subscribed 18.27x in total, whereas Veeram Ornaments IPO subscribed 110.83x.

 Agro Phos IPOVeeram Ornaments IPO
NII (times)16.35x174.44x
RII (times)20.19x47.22x
Total (times)18.27x110.83x

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Agro Phos IPO Vs Veeram Ornaments IPO