Iris Clothings DoReMe IPO vs Veeram Infra Engineering IPO

Comparision between Iris Clothings DoReMe IPO and Veeram Infra Engineering IPO.

IPO Details

Iris Clothings DoReMe IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Veeram Infra Engineering IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Iris Clothings DoReMe IPO	Veeram Infra Engineering 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	Vc Corporate Advisors Pvt Ltd (Vcapl)	First Overseas Capital Limited
Registrar	Cameo Corporate Services Limited	Kfin Technologies Limited
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 Iris Clothings DoReMe IPO is up to ₹11.07 Cr whereas the issue size of the Veeram Infra Engineering IPO is up to ₹10.74 Cr. The final issue price of Iris Clothings DoReMe IPO is ₹90.00 per share and of Veeram Infra Engineering IPO is ₹51.00 per share.

	Iris Clothings DoReMe IPO	Veeram Infra Engineering IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹90.00 per share	₹51.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,30,400 shares	21,06,000 shares
Issue Size Total (Amount)	up to ₹11.07 Cr	up to ₹10.74 Cr

IPO Timetable

Iris Clothings DoReMe IPO opens on Oct 10, 2018, while Veeram Infra Engineering IPO opens on Sep 28, 2018. The closing date of Iris Clothings DoReMe IPO and Veeram Infra Engineering IPO is Oct 12, 2018, and Oct 12, 2018, respectively.

	Iris Clothings DoReMe IPO	Veeram Infra Engineering IPO
Anchor Bid Date
Issue Open	Oct 10, 2018	Sep 28, 2018
Issue Close	Oct 12, 2018	Oct 12, 2018
Basis Of Allotment (Tentative)	Oct 17, 2018
Initiation of Refunds (Tentative)	Oct 17, 2018
Credit of Share (Tentative)	Oct 19, 2018
Listing date (Tentative)	Oct 23, 2018
Anchor Lockin End date 1	Nov 16, 2018
Anchor Lockin End date 2	Jan 15, 2019

Financials

Iris Clothings DoReMe IPO P/E ratio is , as compared to Veeram Infra Engineering IPO P/E ratio of .

Iris Clothings DoReMe IPO

Veeram Infra Engineering IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Jun-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	4,042.83	3,978.58	3,182.40	2,661.01	2,968.46	2,893.88
Total Revenue	1,484.70	5,310.12	4,689.14	3,699.20	3,009.49	2,498.51
Profit After Tax	117.08	337.90	159.73	64.61	24.23	68.08

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	935.06	25.99	25.57	24.66	24.16
Total Revenue	1,281.50	3.95	2.94	3.88	3.55
Profit After Tax	67.07	0.02	0.01	0.01	0.02

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Iris Clothings DoReMe IPO retail investors (RII) are offered 5,84,000 shares while in Veeram Infra Engineering IPO retail investors are offered 5,84,000 shares. Qualified institutional buyers (QIB) are offered in Iris Clothings DoReMe IPO and in Veeram Infra Engineering IPO.

	Iris Clothings DoReMe IPO	Veeram Infra Engineering IPO
Anchor Investor Reserveration
Market Maker Reserveration	62,400 shares	1,10,000 shares
QIB
NII	5,84,000 shares	9,98,000 shares
RII	5,84,000 shares	9,98,000 shares
Employee
Others
Total	11,68,000 shares	19,96,000 shares

Bids Received (Subscription)

Iris Clothings DoReMe IPO subscribed 1.14x in total, whereas Veeram Infra Engineering IPO subscribed 1.19x.

	Iris Clothings DoReMe IPO	Veeram Infra Engineering IPO
QIB (times)
NII (times)	2.01x	1.62x
Big NII (times)
Small NII (times)
RII (times)	0.27x	0.75x
Employee (times)
Other (times)
Total (times)	1.14x	1.19x

Compare with others

Iris Clothings DoReMe IPO	Veeram Infra Engineering IPO
Agarwal Packers and Movers IPO	Ultra Wiring Connectivity IPO
Shree Krishna Infrastructure IPO	Iris Clothings DoReMe IPO
Roni Households IPO	BCPL Railway Infrastructure BRIL IPO
Shubhlaxmi Jewel IPO	S M Gold IPO
Ultra Wiring Connectivity IPO	AKI India IPO
BCPL Railway Infrastructure BRIL IPO	B&B Triplewall IPO
S M Gold IPO	Sun Retail IPO
AKI India IPO	Shubham Polyspin IPO
Veeram Infra Engineering IPO	Dolfin Rubbers IPO
B&B Triplewall IPO	Vinny Overseas IPO

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