Ethos IPO vs Veranda Learning Solutions IPO

Comparison between Ethos IPO and Veranda Learning Solutions IPO.

IPO Details

Ethos IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Veranda Learning Solutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Ethos IPO is up to ₹402.26 Cr whereas the issue size of the Veranda Learning Solutions IPO is up to ₹200.00 Cr. The final issue price of Ethos IPO is ₹878.00 per share and of Veranda Learning Solutions IPO is ₹137.00 per share.

 Ethos IPOVeranda Learning Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹836.00 per share₹130.00 per share
Issue Price (Upper)₹878.00 per share₹137.00 per share
Issue Price (Final)₹878.00 per share₹137.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size17 shares100 shares
Fresh Issue Size42,71,070 shares1,45,98,540 shares
Fresh Issue Size (Amount)up to ₹375.00 Crup to ₹200.00 Cr
OFS Issue Size3,10,430 shares0 shares
OFS Issue Size (Amount)up to ₹27.26 Crup to ₹0.00 Cr
Issue Size Total45,81,500 shares1,45,98,540 shares
Issue Size Total (Amount)up to ₹402.26 Crup to ₹200.00 Cr

IPO Timetable

Ethos IPO opens on May 18, 2022, while Veranda Learning Solutions IPO opens on Mar 29, 2022. The closing date of Ethos IPO and Veranda Learning Solutions IPO is May 20, 2022, and Mar 31, 2022, respectively.

 Ethos IPOVeranda Learning Solutions IPO
Anchor Bid DateMay 17, 2022Mar 28, 2022
Issue OpenMay 18, 2022Mar 29, 2022
Issue CloseMay 20, 2022Mar 31, 2022
Basis Of Allotment (Tentative)May 25, 2022Apr 05, 2022
Initiation of Refunds (Tentative)May 26, 2022Apr 06, 2022
Credit of Share (Tentative)May 27, 2022Apr 06, 2022
Listing date (Tentative)May 30, 2022Apr 11, 2022
Anchor Lockin End date 1Jun 24, 2022May 05, 2022
Anchor Lockin End date 2Aug 23, 2022Jul 04, 2022

Financials & KPIs

Ethos IPO P/E ratio is 96, as compared to Veranda Learning Solutions IPO P/E ratio of .

 Ethos IPOVeranda Learning Solutions IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)81.0189.22
Promoter Shareholding (Post-Issue)61.6565.87
P/E Ratio96
Market Cap₹2050.06 Cr.₹764.12 Cr.
ROE134.12
ROCE17.84
Debt/Equity0.78-99.75
EPS₹3.18₹-7.29
RoNW3.72

Shares Offered

In the Ethos IPO Retail Individual Investors (RII) are offered 16,03,525 shares while in Veranda Learning Solutions IPO retail investors are offered 16,03,525 shares. Qualified Institutional Buyers (QIB) are offered 6,77,025 shares in Ethos IPO and 75,36,405 shares in Veranda Learning Solutions IPO.

 Ethos IPOVeranda Learning Solutions IPO
Anchor Investor Reservation16,13,725 shares34,12,500 shares
Market Maker Reservation
QIB6,77,025 shares75,36,405 shares
NII6,87,225 shares21,89,781 shares
RII16,03,525 shares14,59,854 shares
Employee
Others
Total45,81,500 shares1,45,98,540 shares

Bids Received (Subscription)

Ethos IPO subscribed 1.04x in total, whereas Veranda Learning Solutions IPO subscribed 3.53x.

 Ethos IPOVeranda Learning Solutions IPO
QIB (times)1.06x2.02x
NII (times)1.48x3.87x
Big NII (times)
Small NII (times)
RII (times)0.84x10.76x
Employee (times)
Other (times)
Total (times)1.04x3.53x

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Ethos IPO Vs Veranda Learning Solutions IPO