FREE Account Opening + No Clearing Fees
Loading...

Greenchef Appliances IPO vs Veefin Solutions IPO

Comparision between Greenchef Appliances IPO and Veefin Solutions IPO.

IPO Details

Greenchef Appliances 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.

  Greenchef Appliances IPO Veefin Solutions IPO
Logo Greenchef Appliances IPO Logo Veefin Solutions IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Fixed Price Issue
Listing At NSE SME BSE SME
Lead Managers Hem Securities Limited Shreni Shares Limited
Registrar Link Intime India Private Ltd Bigshare Services Pvt Ltd
Market Maker Hem Finlease Private Limited Shreni Shares Limited
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Greenchef Appliances IPO is up to ₹53.62 Cr whereas the issue size of the Veefin Solutions IPO is up to ₹46.73 Cr. The final issue price of Greenchef Appliances IPO is ₹87.00 per share and of Veefin Solutions IPO is ₹82.00 per share.

  Greenchef Appliances IPO Veefin Solutions IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹82.00 per share
Issue Price (Upper) ₹87.00 per share
Issue Price (Final) ₹87.00 per share ₹82.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1600 shares 1600 shares
Fresh Issue Size 61,63,200 shares 28,49,600 shares
Fresh Issue Size (Amount) up to ₹53.62 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 61,63,200 shares 56,99,200 shares
Issue Size Total (Amount) up to ₹53.62 Cr up to ₹46.73 Cr

IPO Timetable

Greenchef Appliances IPO opens on Jun 23, 2023, while Veefin Solutions IPO opens on Jun 22, 2023. The closing date of Greenchef Appliances IPO and Veefin Solutions IPO is Jun 27, 2023, and Jun 26, 2023, respectively.

  Greenchef Appliances IPO Veefin Solutions IPO
Anchor Bid Date Jun 22, 2023
Issue Open Jun 23, 2023 Jun 22, 2023
Issue Close Jun 27, 2023 Jun 26, 2023
Basis Of Allotment (Tentative) Jul 03, 2023 Jun 30, 2023
Initiation of Refunds (Tentative) Jul 04, 2023 Jul 03, 2023
Credit of Share (Tentative) Jul 05, 2023 Jul 04, 2023
Listing date (Tentative) Jul 06, 2023 Jul 05, 2023
Anchor Lockin End date 1 Aug 02, 2023 Jul 30, 2023
Anchor Lockin End date 2 Oct 01, 2023 Sep 28, 2023

Financials

Greenchef Appliances IPO P/E ratio is 14.87, as compared to Veefin Solutions IPO P/E ratio of 41.41.

  Greenchef Appliances IPO Veefin Solutions IPO
Financial
Greenchef Appliances Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-2012,562.8923,807.17117.264,854.574,498.143,916.06
31-Mar-2114,223.3923,929.33257.105,093.274,736.845,182.39
31-Mar-2217,953.5933,704.5282.095,170.684,814.256,682.81
Amount in ₹ Lakhs
Veefin Solutions Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-221,607.93655.1970.01925.10923.86346.32
31-Jan-234,821.701,262.36350.024,293.212,459.4350.81
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 100.00% 56.26%
Promoter Shareholding (Post-Issue) 73.52% 39.84%
P/E Ratio 14.87 41.41
Market Cap ₹202.47 Cr. ₹173.74 Cr.
ROE 18.19%% 13.42%%
ROCE 12.52%% 11.32%%
Debt/Equity 0.99 0.01
EPS ₹5.97 ₹0.48
RoNW 16.85%% 7.57%%

Shares Offered

In the Greenchef Appliances IPO retail investors (RII) are offered 20,49,600 shares while in Veefin Solutions IPO retail investors are offered 20,49,600 shares. Qualified institutional buyers (QIB) are offered 29,23,200 shares in Greenchef Appliances IPO and 0 shares in Veefin Solutions IPO.

  Greenchef Appliances IPO Veefin Solutions IPO
Anchor Investor Reserveration 17,52,000 shares
Market Maker Reserveration 3,12,000 shares 2,88,000 shares
QIB 29,23,200 shares 0 shares
NII 8,78,000 shares 27,05,600 shares
RII 20,49,600 shares 27,05,600 shares
Employee 0 shares 0 shares
Others
Total 58,51,200 shares 54,11,200 shares

Bids Received (Subscription)

Greenchef Appliances IPO subscribed 44.89x in total, whereas Veefin Solutions IPO subscribed 2.46x.

  Greenchef Appliances IPO Veefin Solutions IPO
QIB (times) 17.11x
NII (times) 96.01x 3.26x
Big NII (times)
Small NII (times)
RII (times) 62.63x 1.65x
Employee (times)
Other (times)
Total (times) 44.89x 2.46x

Comments

Add a public comment...