Veefin Solutions IPO vs Vilin Bio Med IPO

Comparision between Veefin Solutions IPO and Vilin Bio Med IPO.

IPO Details

Veefin Solutions IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Vilin Bio Med IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Veefin Solutions IPO	Vilin Bio Med IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Shreni Shares Limited	Inventure Merchant Banker Services Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Shreni Shares Limited	Rikhav Securities 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 Veefin Solutions IPO is up to ₹46.73 Cr whereas the issue size of the Vilin Bio Med IPO is up to ₹12.00 Cr. The final issue price of Veefin Solutions IPO is ₹82.00 per share and of Vilin Bio Med IPO is ₹30.00 per share.

	Veefin Solutions IPO	Vilin Bio Med IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹82.00 per share	₹30.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	4000 shares
Fresh Issue Size	28,49,600 shares	40,00,000 shares
Fresh Issue Size (Amount)	up to ₹23.37 Cr	up to ₹12.00 Cr
OFS Issue Size	28,49,600 shares
OFS Issue Size (Amount)	up to ₹23.37 Cr
Issue Size Total	56,99,200 shares	40,00,000 shares
Issue Size Total (Amount)	up to ₹46.73 Cr	up to ₹12.00 Cr

IPO Timetable

Veefin Solutions IPO opens on Jun 22, 2023, while Vilin Bio Med IPO opens on Jun 16, 2023. The closing date of Veefin Solutions IPO and Vilin Bio Med IPO is Jun 26, 2023, and Jun 21, 2023, respectively.

	Veefin Solutions IPO	Vilin Bio Med IPO
Anchor Bid Date
Issue Open	Jun 22, 2023	Jun 16, 2023
Issue Close	Jun 26, 2023	Jun 21, 2023
Basis Of Allotment (Tentative)	Jun 30, 2023	Jun 26, 2023
Initiation of Refunds (Tentative)	Jul 03, 2023	Jun 27, 2023
Credit of Share (Tentative)	Jul 04, 2023	Jun 29, 2023
Listing date (Tentative)	Jul 05, 2023	Jun 30, 2023
Anchor Lockin End date 1	Jul 30, 2023	Jul 26, 2023
Anchor Lockin End date 2	Sep 28, 2023	Sep 24, 2023

Financials

Veefin Solutions IPO P/E ratio is 41.41, as compared to Vilin Bio Med IPO P/E ratio of 24.59.

Veefin Solutions IPO

Vilin Bio Med IPO

Financial

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

Vilin Bio Med Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,400.60	1,682.41	16.22	724.13	394.13	453.41
31-Mar-21	1,389.14	1,171.88	12.13	736.26	406.26	551.58
31-Mar-22	1,355.83	1,121.91	3.35	739.61	409.61	529.96
31-Dec-22	1,687.11	903.43	128.08	867.69	537.69	617.71
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

56.26%

91.45%

Promoter Shareholding (Post-Issue)

39.84%

64.52%

P/E Ratio

41.41

24.59

Market Cap

₹173.74 Cr.

₹41.85 Cr.

ROE

13.42%%

14.76%%

ROCE

11.32%%

8.58%%

Debt/Equity

0.01

0.71

EPS

₹0.48

₹0.10

RoNW

7.57%%

1.15%%

Shares Offered

In the Veefin Solutions IPO retail investors (RII) are offered 27,05,600 shares while in Vilin Bio Med IPO retail investors are offered 27,05,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in Veefin Solutions IPO and 0 shares in Vilin Bio Med IPO.

	Veefin Solutions IPO	Vilin Bio Med IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,88,000 shares	2,08,000 shares
QIB	0 shares	0 shares
NII	27,05,600 shares	18,96,000 shares
RII	27,05,600 shares	18,96,000 shares
Employee	0 shares	0 shares
Others
Total	54,11,200 shares	37,92,000 shares

Bids Received (Subscription)

Veefin Solutions IPO subscribed 2.46x in total, whereas Vilin Bio Med IPO subscribed 2.80x.

	Veefin Solutions IPO	Vilin Bio Med IPO
QIB (times)
NII (times)	3.26x	1.28x
Big NII (times)
Small NII (times)
RII (times)	1.65x	4.31x
Employee (times)
Other (times)
Total (times)	2.46x	2.80x

Compare with others

Veefin Solutions IPO	Vilin Bio Med IPO
Alphalogic Industries IPO	Veefin Solutions IPO
Global Pet Industries IPO	Pentagon Rubber IPO
Tridhya Tech IPO	Kaka Industries IPO
Magson IPO	Aatmaj Healthcare IPO
Greenchef Appliances IPO	Essen Speciality Films IPO
Pentagon Rubber IPO	Cell Point (India) IPO
Kaka Industries IPO	Bizotic Commercial IPO
Aatmaj Healthcare IPO	Urban Enviro Waste Management IPO
Essen Speciality Films IPO	Cosmic CRF IPO
Vilin Bio Med IPO	Sonalis Consumer Products IPO

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