AVG Logistics IPO vs Vera Synthetic IPO

Comparison between AVG Logistics IPO and Vera Synthetic IPO.

IPO Details

AVG Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vera Synthetic IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of AVG Logistics IPO is up to ₹31.41 Cr whereas the issue size of the Vera Synthetic IPO is up to ₹5.06 Cr. The final issue price of AVG Logistics IPO is ₹107.00 per share and of Vera Synthetic IPO is ₹40.00 per share.

 AVG Logistics IPOVera Synthetic IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹105.00 per share
Issue Price (Upper)₹107.00 per share
Issue Price (Final)₹107.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares3000 shares
Fresh Issue Size29,35,200 shares12,66,000 shares
Fresh Issue Size (Amount)up to ₹31.41 Crup to ₹5.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,35,200 shares12,66,000 shares
Issue Size Total (Amount)up to ₹31.41 Crup to ₹5.06 Cr

IPO Timetable

AVG Logistics IPO opens on Mar 28, 2018, while Vera Synthetic IPO opens on Mar 28, 2018. The closing date of AVG Logistics IPO and Vera Synthetic IPO is Apr 03, 2018, and Apr 04, 2018, respectively.

 AVG Logistics IPOVera Synthetic IPO
Anchor Bid DateMar 27, 2018
Issue OpenMar 28, 2018Mar 28, 2018
Issue CloseApr 03, 2018Apr 04, 2018
Basis Of Allotment (Tentative)Apr 10, 2018Apr 09, 2018
Listing date (Tentative)Apr 11, 2018Apr 12, 2018
Anchor Lockin End date 1May 03, 2018

Financials & KPIs

AVG Logistics IPO P/E ratio is , as compared to Vera Synthetic IPO P/E ratio of .

 AVG Logistics IPOVera Synthetic IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets90.4183.5369.9760.96
Total Income103.59194.86192.29183.32
Profit After Tax3.464.433.803.19
EBITDA10.5516.6716.0013.21
NET Worth25.6221.8217.3712.35
Reserves and Surplus21.3817.5813.139.33
Total Borrowing42.7543.0135.9330.76
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets10.458.647.327.06
Total Income9.7218.4421.9524.49
Profit After Tax-1.030.340.270.05
EBITDA-0.610.95
NET Worth3.784.814.474.20
Reserves and Surplus1.983.012.672.40
Total Borrowing3.130.850.811.27
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.96%80.56%
Promoter Shareholding (Post-Issue)69.96%58.76%
Market Cap₹110.19 Cr.₹19.74 Cr.

Shares Offered

In the AVG Logistics IPO Retail Individual Investors (RII) are offered 10,27,200 shares while in Vera Synthetic IPO retail investors are offered 10,27,200 shares. Qualified Institutional Buyers (QIB) are offered 5,88,000 shares in AVG Logistics IPO and 0 shares in Vera Synthetic IPO.

 AVG Logistics IPOVera Synthetic IPO
Anchor Investor Reservation8,79,600 shares0 shares
Market Maker Reservation1,54,800 shares69,000 shares
QIB5,88,000 shares0 shares
NII4,40,400 shares6,33,000 shares
RII10,27,200 shares6,33,000 shares
Employee0 shares0 shares
Total29,35,200 shares12,66,000 shares

Bids Received (Subscription)

AVG Logistics IPO subscribed 1.92x in total, whereas Vera Synthetic IPO subscribed 3.49x.

 AVG Logistics IPOVera Synthetic IPO
QIB (times)1.22x
NII (times)7.59x3.29x
RII (times)1.54x3.70x
Total (times)1.92x3.49x

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AVG Logistics IPO Vs Vera Synthetic IPO