Comparison between Premier Roadlines IPO and Veritaas Advertising IPO.
Premier Roadlines IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Veritaas Advertising IPO is a SME Bookbuilding proposed to list at NSE SME.
| Premier Roadlines IPO | Veritaas Advertising IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Horizon Financial Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Premier Roadlines IPO is up to ₹38.32 Cr whereas the issue size of the Veritaas Advertising IPO is up to ₹8.06 Cr. The final issue price of Premier Roadlines IPO is ₹67.00 per share and of Veritaas Advertising IPO is ₹114.00 per share.
| Premier Roadlines IPO | Veritaas Advertising IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹63.00 per share | ₹109.00 per share |
| Issue Price (Upper) | ₹67.00 per share | ₹114.00 per share |
| Issue Price (Final) | ₹67.00 per share | ₹114.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 57,20,000 shares | 7,06,800 shares |
| Fresh Issue Size (Amount) | up to ₹38.32 Cr | up to ₹8.06 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 57,20,000 shares | 7,06,800 shares |
| Issue Size Total (Amount) | up to ₹38.32 Cr | up to ₹8.06 Cr |
Premier Roadlines IPO opens on May 10, 2024, while Veritaas Advertising IPO opens on May 13, 2024. The closing date of Premier Roadlines IPO and Veritaas Advertising IPO is May 14, 2024, and May 15, 2024, respectively.
| Premier Roadlines IPO | Veritaas Advertising IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2024 | May 10, 2024 |
| Issue Open | May 10, 2024 | May 13, 2024 |
| Issue Close | May 14, 2024 | May 15, 2024 |
| Basis Of Allotment (Tentative) | May 15, 2024 | May 16, 2024 |
| Initiation of Refunds (Tentative) | May 16, 2024 | May 17, 2024 |
| Credit of Share (Tentative) | May 16, 2024 | May 17, 2024 |
| Listing date (Tentative) | May 17, 2024 | May 21, 2024 |
| Anchor Lockin End date 1 | Jun 14, 2024 | Jun 15, 2024 |
| Anchor Lockin End date 2 | Aug 13, 2024 | Aug 14, 2024 |
Premier Roadlines IPO P/E ratio is 15.7, as compared to Veritaas Advertising IPO P/E ratio of 54.
| Premier Roadlines IPO | Veritaas Advertising IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.65 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.7 | 54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹153.18 Cr. | ₹32.18 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.85% | 44.24% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.05% | 39.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.04 | 0.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.27 | ₹2.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.45% | 44.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Premier Roadlines IPO Retail Individual Investors (RII) are offered 20,04,000 shares while in Veritaas Advertising IPO retail investors are offered 20,04,000 shares. Qualified Institutional Buyers (QIB) are offered 11,44,000 shares in Premier Roadlines IPO and 1,77,600 shares in Veritaas Advertising IPO.
| Premier Roadlines IPO | Veritaas Advertising IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,14,000 shares | 1,74,000 shares |
| Market Maker Reservation | 3,04,000 shares | 37,200 shares |
| QIB | 11,44,000 shares | 1,77,600 shares |
| NII | 8,58,000 shares | 1,06,800 shares |
| RII | 20,04,000 shares | 2,48,400 shares |
| Employee | ||
| Others | ||
| Total | 57,20,000 shares | 7,06,800 shares |
Premier Roadlines IPO subscribed 117.57x in total, whereas Veritaas Advertising IPO subscribed 621.62x.
| Premier Roadlines IPO | Veritaas Advertising IPO | |
|---|---|---|
| QIB (times) | 89.95x | 102.41x |
| NII (times) | 180.25x | 629.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 106.50x | 989.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 117.57x | 621.62x |
