Global Pet Industries IPO vs Veefin Solutions IPO

Comparision between Global Pet Industries IPO and Veefin Solutions IPO.

IPO Details

Global Pet Industries IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Veefin Solutions IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Global Pet Industries IPO	Veefin Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Shreni Shares Limited	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Shreni Shares Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Global Pet Industries IPO is up to ₹13.23 Cr whereas the issue size of the Veefin Solutions IPO is up to ₹46.73 Cr. The final issue price of Global Pet Industries IPO is ₹49.00 per share and of Veefin Solutions IPO is ₹82.00 per share.

	Global Pet Industries IPO	Veefin Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹49.00 per share	₹82.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size	27,00,000 shares	28,49,600 shares
Fresh Issue Size (Amount)	up to ₹13.23 Cr	up to ₹23.37 Cr
OFS Issue Size		28,49,600 shares
OFS Issue Size (Amount)		up to ₹23.37 Cr
Issue Size Total	27,00,000 shares	56,99,200 shares
Issue Size Total (Amount)	up to ₹13.23 Cr	up to ₹46.73 Cr

IPO Timetable

Global Pet Industries IPO opens on Jun 28, 2023, while Veefin Solutions IPO opens on Jun 22, 2023. The closing date of Global Pet Industries IPO and Veefin Solutions IPO is Jul 03, 2023, and Jun 26, 2023, respectively.

	Global Pet Industries IPO	Veefin Solutions IPO
Anchor Bid Date
Issue Open	Jun 28, 2023	Jun 22, 2023
Issue Close	Jul 03, 2023	Jun 26, 2023
Basis Of Allotment (Tentative)	Jul 06, 2023	Jun 30, 2023
Initiation of Refunds (Tentative)	Jul 07, 2023	Jul 03, 2023
Credit of Share (Tentative)	Jul 10, 2023	Jul 04, 2023
Listing date (Tentative)	Jul 10, 2023	Jul 05, 2023
Anchor Lockin End date 1	Aug 05, 2023	Jul 30, 2023
Anchor Lockin End date 2	Oct 04, 2023	Sep 28, 2023

Financials

Global Pet Industries IPO P/E ratio is 23, as compared to Veefin Solutions IPO P/E ratio of 41.41.

Global Pet Industries IPO

Veefin Solutions IPO

Financial

Global Pet Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,063.02	2,001.92	94.63	446.00	401.71	24.26
31-Mar-21	1,592.78	2,285.83	142.49	588.50	544.20
31-Mar-22	1,679.12	2,800.45	115.96	704.45	660.16
31-Dec-22	2,240.27	2,305.71	156.16	860.61	816.31
Amount in ₹ Lakhs

Veefin Solutions Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-22	1,607.93	655.19	70.01	925.10	923.86	346.32
31-Jan-23	4,821.70	1,262.36	350.02	4,293.21	2,459.43	50.81
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

56.26%

Promoter Shareholding (Post-Issue)

72.41%

39.84%

P/E Ratio

41.41

Market Cap

₹47.96 Cr.

₹173.74 Cr.

ROE

19.96%%

13.42%%

ROCE

14.43%%

11.32%%

Debt/Equity

0.01

EPS

₹1.71

₹0.48

RoNW

19.84%%

7.57%%

Shares Offered

In the Global Pet Industries IPO retail investors (RII) are offered 12,81,000 shares while in Veefin Solutions IPO retail investors are offered 12,81,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Global Pet Industries IPO and 0 shares in Veefin Solutions IPO.

	Global Pet Industries IPO	Veefin Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,38,000 shares	2,88,000 shares
QIB	0 shares	0 shares
NII	12,81,000 shares	27,05,600 shares
RII	12,81,000 shares	27,05,600 shares
Employee	0 shares	0 shares
Others
Total	25,62,000 shares	54,11,200 shares

Bids Received (Subscription)

Global Pet Industries IPO subscribed 4.30x in total, whereas Veefin Solutions IPO subscribed 2.46x.

	Global Pet Industries IPO	Veefin Solutions IPO
QIB (times)
NII (times)	4.44x	3.26x
Big NII (times)
Small NII (times)
RII (times)	4.14x	1.65x
Employee (times)
Other (times)
Total (times)	4.30x	2.46x

Compare with others

Global Pet Industries IPO	Veefin Solutions IPO
Ahasolar Technologies IPO	Alphalogic Industries IPO
Drone Destination IPO	Global Pet Industries IPO
AccelerateBS India IPO	Tridhya Tech IPO
Synoptics Technologies IPO	Magson IPO
Alphalogic Industries IPO	Greenchef Appliances IPO
Tridhya Tech IPO	Pentagon Rubber IPO
Magson IPO	Kaka Industries IPO
Greenchef Appliances IPO	Aatmaj Healthcare IPO
Veefin Solutions IPO	Essen Speciality Films IPO
Pentagon Rubber IPO	Vilin Bio Med IPO

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