Penta Gold IPO vs Vera Synthetic IPO

Comparison between Penta Gold IPO and Vera Synthetic IPO.

IPO Details

Penta Gold 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 Penta Gold IPO is up to ₹12.65 Cr whereas the issue size of the Vera Synthetic IPO is up to ₹5.06 Cr. The final issue price of Penta Gold IPO is ₹37.00 per share and of Vera Synthetic IPO is ₹40.00 per share.

 Penta Gold IPOVera Synthetic IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹37.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size34,20,000 shares12,66,000 shares
Fresh Issue Size (Amount)up to ₹12.65 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 Total34,20,000 shares12,66,000 shares
Issue Size Total (Amount)up to ₹12.65 Crup to ₹5.06 Cr

IPO Timetable

Penta Gold IPO opens on Mar 23, 2018, while Vera Synthetic IPO opens on Mar 28, 2018. The closing date of Penta Gold IPO and Vera Synthetic IPO is Mar 27, 2018, and Apr 04, 2018, respectively.

 Penta Gold IPOVera Synthetic IPO
Issue OpenMar 23, 2018Mar 28, 2018
Issue CloseMar 27, 2018Apr 04, 2018
Basis Of Allotment (Tentative)Apr 20, 2018Apr 09, 2018
Listing date (Tentative)Apr 25, 2018Apr 12, 2018

Financials & KPIs

Penta Gold IPO P/E ratio is , as compared to Vera Synthetic IPO P/E ratio of .

 Penta Gold IPOVera Synthetic IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets80.8776.6063.8258.78
Total Income110.48237.58244.92250.02
Profit After Tax1.311.691.781.58
NET Worth17.0615.7514.0711.03
Reserves and Surplus7.936.639.506.72
Total Borrowing54.7846.4833.6426.61
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)73.63%58.76%
Market Cap₹47.08 Cr.₹19.74 Cr.

Shares Offered

In the Penta Gold IPO Retail Individual Investors (RII) are offered 17,10,000 shares while in Vera Synthetic IPO retail investors are offered 17,10,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Penta Gold IPO and 0 shares in Vera Synthetic IPO.

 Penta Gold IPOVera Synthetic IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,80,000 shares69,000 shares
QIB0 shares0 shares
NII17,10,000 shares6,33,000 shares
RII17,10,000 shares6,33,000 shares
Employee0 shares0 shares
Total34,20,000 shares12,66,000 shares

Bids Received (Subscription)

Penta Gold IPO subscribed 0.59x in total, whereas Vera Synthetic IPO subscribed 3.49x.

 Penta Gold IPOVera Synthetic IPO
NII (times)1.02x3.29x
RII (times)0.16x3.70x
Total (times)0.59x3.49x

Compare with others

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Penta Gold IPO Vs Vera Synthetic IPO