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Power Instrumentation Gujarat IPO vs Vera Synthetic IPO

Comparison between Power Instrumentation Gujarat IPO and Vera Synthetic IPO.

IPO Details

Power Instrumentation Gujarat 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.

 Power Instrumentation Gujarat IPOVera Synthetic IPO
LogoPower Instrumentation Gujarat IPO LogoVera Synthetic IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersNavigant Corporate Advisors Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerKhambatta Securities Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Power Instrumentation Gujarat IPO is up to ₹5.83 Cr whereas the issue size of the Vera Synthetic IPO is up to ₹5.06 Cr. The final issue price of Power Instrumentation Gujarat IPO is ₹33.00 per share and of Vera Synthetic IPO is ₹40.00 per share.

 Power Instrumentation Gujarat IPOVera Synthetic IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹33.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size17,68,000 shares12,66,000 shares
Fresh Issue Size (Amount)up to ₹5.83 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 Total17,68,000 shares12,66,000 shares
Issue Size Total (Amount)up to ₹5.83 Crup to ₹5.06 Cr

IPO Timetable

Power Instrumentation Gujarat IPO opens on Apr 11, 2018, while Vera Synthetic IPO opens on Mar 28, 2018. The closing date of Power Instrumentation Gujarat IPO and Vera Synthetic IPO is Apr 13, 2018, and Apr 04, 2018, respectively.

 Power Instrumentation Gujarat IPOVera Synthetic IPO
Issue OpenApr 11, 2018Mar 28, 2018
Issue CloseApr 13, 2018Apr 04, 2018
Basis Of Allotment (Tentative)Apr 18, 2018Apr 09, 2018
Listing date (Tentative)Apr 23, 2018Apr 12, 2018

Financials & KPIs

Power Instrumentation Gujarat IPO P/E ratio is , as compared to Vera Synthetic IPO P/E ratio of .

 Power Instrumentation Gujarat IPOVera Synthetic IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets52.9150.5642.6131.23
Total Income48.5660.7351.6645.47
Profit After Tax1.411.571.221.07
NET Worth13.3411.9510.479.17
Reserves and Surplus12.3610.979.498.19
Total Borrowing20.9323.6119.8313.02
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)94.63%80.56%
Promoter Shareholding (Post-Issue)69.59%58.76%
Market Cap₹23.24 Cr.₹19.74 Cr.

Shares Offered

In the Power Instrumentation Gujarat IPO Retail Individual Investors (RII) are offered 8,84,000 shares while in Vera Synthetic IPO retail investors are offered 8,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Power Instrumentation Gujarat IPO and 0 shares in Vera Synthetic IPO.

 Power Instrumentation Gujarat IPOVera Synthetic IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation96,000 shares69,000 shares
QIB0 shares0 shares
NII8,84,000 shares6,33,000 shares
RII8,84,000 shares6,33,000 shares
Employee0 shares0 shares
Total17,68,000 shares12,66,000 shares

Bids Received (Subscription)

Power Instrumentation Gujarat IPO subscribed 10.26x in total, whereas Vera Synthetic IPO subscribed 3.49x.

 Power Instrumentation Gujarat IPOVera Synthetic IPO
NII (times)8.61x3.29x
RII (times)11.90x3.70x
Total (times)10.26x3.49x

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Compare:

Power Instrumentation Gujarat IPO Vs Vera Synthetic IPO