Dhruv Consultancy IPO vs Vera Synthetic IPO

Comparison between Dhruv Consultancy IPO and Vera Synthetic IPO.

IPO Details

Dhruv Consultancy IPO is a SME Fixed Price IPO proposed to list at BSE 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 Dhruv Consultancy IPO is up to ₹21.99 Cr whereas the issue size of the Vera Synthetic IPO is up to ₹5.06 Cr. The final issue price of Dhruv Consultancy IPO is ₹54.00 per share and of Vera Synthetic IPO is ₹40.00 per share.

 Dhruv Consultancy IPOVera Synthetic IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹54.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size40,72,000 shares12,66,000 shares
Fresh Issue Size (Amount)up to ₹21.99 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 Total40,72,000 shares12,66,000 shares
Issue Size Total (Amount)up to ₹21.99 Crup to ₹5.06 Cr

IPO Timetable

Dhruv Consultancy IPO opens on Apr 27, 2018, while Vera Synthetic IPO opens on Mar 28, 2018. The closing date of Dhruv Consultancy IPO and Vera Synthetic IPO is May 02, 2018, and Apr 04, 2018, respectively.

 Dhruv Consultancy IPOVera Synthetic IPO
Issue OpenApr 27, 2018Mar 28, 2018
Issue CloseMay 02, 2018Apr 04, 2018
Basis Of Allotment (Tentative)May 07, 2018Apr 09, 2018
Listing date (Tentative)May 10, 2018Apr 12, 2018

Financials & KPIs

Dhruv Consultancy IPO P/E ratio is , as compared to Vera Synthetic IPO P/E ratio of .

 Dhruv Consultancy IPOVera Synthetic IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets43.0030.5017.9312.50
Total Income33.5230.4615.159.74
Profit After Tax5.403.081.320.79
NET Worth14.098.685.524.20
Reserves and Surplus13.098.305.223.90
Total Borrowing12.689.576.303.96
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)100.00%80.56%
Promoter Shareholding (Post-Issue)69.94%58.76%
Market Cap₹77.20 Cr.₹19.74 Cr.

Shares Offered

In the Dhruv Consultancy IPO Retail Individual Investors (RII) are offered 20,36,000 shares while in Vera Synthetic IPO retail investors are offered 20,36,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Dhruv Consultancy IPO and 0 shares in Vera Synthetic IPO.

 Dhruv Consultancy IPOVera Synthetic IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,24,000 shares69,000 shares
QIB0 shares0 shares
NII20,36,000 shares6,33,000 shares
RII20,36,000 shares6,33,000 shares
Employee0 shares0 shares
Total40,72,000 shares12,66,000 shares

Bids Received (Subscription)

Dhruv Consultancy IPO subscribed 2.54x in total, whereas Vera Synthetic IPO subscribed 3.49x.

 Dhruv Consultancy IPOVera Synthetic IPO
NII (times)2.51x3.29x
RII (times)2.56x3.70x
Total (times)2.54x3.49x

Compare with others

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Dhruv Consultancy IPO Vs Vera Synthetic IPO