Advait Infratech SME IPO vs Veer Global Infraconstruction IPO

Comparision between Advait Infratech SME IPO and Veer Global Infraconstruction IPO.

IPO Details

Advait Infratech SME IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Veer Global Infraconstruction IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Advait Infratech SME IPO	Veer Global Infraconstruction IPO
Logo		$Veer Global Infraconstruction IPO Logo$
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Isk Advisors Pvt Ltd	Capitalsquare Advisors Private Limited
Registrar	Kfin Technologies Limited	Purva Sharegistry India Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Advait Infratech SME IPO is up to ₹6.89 Cr whereas the issue size of the Veer Global Infraconstruction IPO is up to ₹4.92 Cr. The final issue price of Advait Infratech SME IPO is ₹51.00 per share and of Veer Global Infraconstruction IPO is ₹28.00 per share.

	Advait Infratech SME IPO	Veer Global Infraconstruction IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹51.00 per share	₹28.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	4000 shares
Fresh Issue Size	13,50,000 shares
Fresh Issue Size (Amount)	up to ₹6.89 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,50,000 shares	17,56,000 shares
Issue Size Total (Amount)	up to ₹6.89 Cr	up to ₹4.92 Cr

IPO Timetable

Advait Infratech SME IPO opens on Sep 15, 2020, while Veer Global Infraconstruction IPO opens on Sep 30, 2020. The closing date of Advait Infratech SME IPO and Veer Global Infraconstruction IPO is Sep 18, 2020, and Oct 09, 2020, respectively.

	Advait Infratech SME IPO	Veer Global Infraconstruction IPO
Anchor Bid Date
Issue Open	Sep 15, 2020	Sep 30, 2020
Issue Close	Sep 18, 2020	Oct 09, 2020
Basis Of Allotment (Tentative)	Sep 25, 2020	Oct 14, 2020
Initiation of Refunds (Tentative)	Sep 28, 2020	Oct 15, 2020
Credit of Share (Tentative)	Sep 29, 2020	Oct 16, 2020
Listing date (Tentative)	Sep 28, 2020	Oct 19, 2020
Anchor Lockin End date 1	Oct 25, 2020	Nov 13, 2020
Anchor Lockin End date 2	Dec 24, 2020	Jan 12, 2021

Financials

Advait Infratech SME IPO P/E ratio is , as compared to Veer Global Infraconstruction IPO P/E ratio of .

Advait Infratech SME IPO

Veer Global Infraconstruction IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	5,155.62	4,436.72	3,315.84
Total Revenue	4581.26	2,852.38	4,531.70
Profit After Tax	54.04	249.02	620.59

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lacs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	3,290.11	2,929.13	2,021.76
Total Revenue	862.58	1,007.52	233.30
Profit After Tax	17.60	12.87	4.74

Promoter Shareholding (Pre-Issue)

99.99%

85.40%

Promoter Shareholding (Post-Issue)

73.51%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Advait Infratech SME IPO retail investors (RII) are offered 6,75,000 shares while in Veer Global Infraconstruction IPO retail investors are offered 6,75,000 shares. Qualified institutional buyers (QIB) are offered in Advait Infratech SME IPO and in Veer Global Infraconstruction IPO.

	Advait Infratech SME IPO	Veer Global Infraconstruction IPO
Anchor Investor Reserveration
Market Maker Reserveration	68,000 shares
QIB
NII	6,75,000 shares	8,78,000 shares
RII	6,75,000 shares	8,78,000 shares
Employee
Others
Total	13,50,000 shares	17,56,000 shares

Bids Received (Subscription)

Advait Infratech SME IPO subscribed 1.92x in total, whereas Veer Global Infraconstruction IPO subscribed 1.51x.

	Advait Infratech SME IPO	Veer Global Infraconstruction IPO
QIB (times)
NII (times)	1.53x	1.84x
Big NII (times)
Small NII (times)
RII (times)	2.32x	1.18x
Employee (times)
Other (times)
Total (times)	1.92x	1.51x

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