Kesar India IPO vs Veekayem Fashion and Apparels IPO

Comparision between Kesar India IPO and Veekayem Fashion and Apparels IPO.

IPO Details

Kesar India IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Veekayem Fashion and Apparels IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Kesar India IPO	Veekayem Fashion and Apparels 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	Hem Securities Limited Fedex Securities Pvt Ltd	GYR Capital Advisors Private Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
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 Kesar India IPO is up to ₹15.82 Cr whereas the issue size of the Veekayem Fashion and Apparels IPO is up to ₹4.44 Cr. The final issue price of Kesar India IPO is ₹170.00 per share and of Veekayem Fashion and Apparels IPO is ₹28.00 per share.

	Kesar India IPO	Veekayem Fashion and Apparels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹170.00 per share	₹28.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	4000 shares
Fresh Issue Size	9,30,400 shares	15,84,000 shares
Fresh Issue Size (Amount)	up to ₹15.82 Cr	up to ₹4.44 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	9,30,400 shares	15,84,000 shares
Issue Size Total (Amount)	up to ₹15.82 Cr	up to ₹4.44 Cr

IPO Timetable

Kesar India IPO opens on Jun 30, 2022, while Veekayem Fashion and Apparels IPO opens on Aug 05, 2022. The closing date of Kesar India IPO and Veekayem Fashion and Apparels IPO is Jul 04, 2022, and Aug 11, 2022, respectively.

	Kesar India IPO	Veekayem Fashion and Apparels IPO
Anchor Bid Date
Issue Open	Jun 30, 2022	Aug 05, 2022
Issue Close	Jul 04, 2022	Aug 11, 2022
Basis Of Allotment (Tentative)	Jul 07, 2022	Aug 17, 2022
Initiation of Refunds (Tentative)	Jul 08, 2022	Aug 18, 2022
Credit of Share (Tentative)	Jul 11, 2022	Aug 19, 2022
Listing date (Tentative)	Jul 12, 2022	Aug 22, 2022
Anchor Lockin End date 1	Aug 06, 2022	Sep 16, 2022
Anchor Lockin End date 2	Oct 05, 2022	Nov 15, 2022

Financials

Kesar India IPO P/E ratio is 13.87, as compared to Veekayem Fashion and Apparels IPO P/E ratio of 8.72.

Kesar India IPO

Veekayem Fashion and Apparels IPO

Financial

Kesar India Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-19	220.31	18.54	0.73	-85.88
31-Mar-20	243.2	57.7	3.73	-82.15
31-Mar-21	374.72	119.71	1.19	-80.96
31-Dec-21	818.31	695.5	324.49	243.65
Amount in ₹ Lakhs

Veekayem Fashion and Apparels Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	11789.3	20317.36	228.31	2973.17	2331.38
31-Mar-20	12090.4	21571.46	109.1	2869.65	2440.48
31-Mar-21	12351.95	7670.06	35.25	2904.9	2475.73
31-Mar-22	13267.19	14947.02	188.54	3095.28	2666.11
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

54.31%

Promoter Shareholding (Post-Issue)

73.65%

39.67%

P/E Ratio

13.87

8.72

Market Cap

₹60.02 Cr.

₹16.45 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Kesar India IPO retail investors (RII) are offered 4,41,600 shares while in Veekayem Fashion and Apparels IPO retail investors are offered 4,41,600 shares. Qualified institutional buyers (QIB) are offered in Kesar India IPO and in Veekayem Fashion and Apparels IPO.

	Kesar India IPO	Veekayem Fashion and Apparels IPO
Anchor Investor Reserveration
Market Maker Reserveration	47,200 shares	80,000 shares
QIB
NII	4,41,600 shares	7,52,000 shares
RII	4,41,600 shares	7,52,000 shares
Employee
Others
Total	8,83,200 shares	15,04,000 shares

Bids Received (Subscription)

Kesar India IPO subscribed 1.77x in total, whereas Veekayem Fashion and Apparels IPO subscribed 301.47x.

	Kesar India IPO	Veekayem Fashion and Apparels IPO
QIB (times)
NII (times)	2.62x	355.85x
Big NII (times)
Small NII (times)
RII (times)	0.91x	247.09x
Employee (times)
Other (times)
Total (times)	1.77x	301.47x

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