FREE Account Opening + No Clearing Fees
Loading...

Shine Fashions IPO vs Veer Global Infraconstruction IPO

Comparision between Shine Fashions IPO and Veer Global Infraconstruction IPO.

IPO Details

Shine Fashions IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Veer Global Infraconstruction IPO is a SME Fixed Price Issue proposed to list at BSE SME.

  Shine Fashions IPO Veer Global Infraconstruction IPO
Logo Shine Fashions IPO Logo Veer Global Infraconstruction IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Fixed Price Issue
Listing At BSE SME BSE SME
Lead Managers Shreni Shares Limited Capitalsquare Advisors Private Limited
Registrar Cameo Corporate Services Limited Purva Sharegistry India Pvt Ltd
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 Shine Fashions IPO is up to ₹1.60 Cr whereas the issue size of the Veer Global Infraconstruction IPO is up to ₹4.92 Cr. The final issue price of Shine Fashions IPO is ₹40.00 per share and of Veer Global Infraconstruction IPO is ₹28.00 per share.

  Shine Fashions IPO Veer Global Infraconstruction IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹40.00 per share ₹28.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 3000 shares 4000 shares
Fresh Issue Size 3,99,000 shares
Fresh Issue Size (Amount) up to ₹1.60 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 3,99,000 shares 17,56,000 shares
Issue Size Total (Amount) up to ₹1.60 Cr up to ₹4.92 Cr

IPO Timetable

Shine Fashions IPO opens on Oct 22, 2020, while Veer Global Infraconstruction IPO opens on Sep 30, 2020. The closing date of Shine Fashions IPO and Veer Global Infraconstruction IPO is Oct 26, 2020, and Oct 09, 2020, respectively.

  Shine Fashions IPO Veer Global Infraconstruction IPO
Anchor Bid Date
Issue Open Oct 22, 2020 Sep 30, 2020
Issue Close Oct 26, 2020 Oct 09, 2020
Basis Of Allotment (Tentative) Oct 14, 2020
Initiation of Refunds (Tentative) Oct 15, 2020
Credit of Share (Tentative) Oct 16, 2020
Listing date (Tentative) Oct 19, 2020
Anchor Lockin End date 1 Nov 13, 2020
Anchor Lockin End date 2 Jan 12, 2021

Financials

Shine Fashions IPO P/E ratio is , as compared to Veer Global Infraconstruction IPO P/E ratio of .

  Shine Fashions IPO Veer Global Infraconstruction IPO
Financial
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in lakhs)
31-Dec-19
Total Assets 447.27
Total Revenue 511.83
Profit After Tax 42.21
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lacs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 3,290.11 2,929.13 2,021.76
Total Revenue 862.58 1,007.52 233.30
Profit After Tax 17.60 12.87 4.74
Promoter Shareholding (Pre-Issue) 99.98% 85.40%
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Shine Fashions IPO retail investors (RII) are offered 1,89,000 shares while in Veer Global Infraconstruction IPO retail investors are offered 1,89,000 shares. Qualified institutional buyers (QIB) are offered in Shine Fashions IPO and in Veer Global Infraconstruction IPO.

  Shine Fashions IPO Veer Global Infraconstruction IPO
Anchor Investor Reserveration
Market Maker Reserveration 21,000 shares
QIB
NII 1,89,000 shares 8,78,000 shares
RII 1,89,000 shares 8,78,000 shares
Employee
Others
Total 3,78,000 shares 17,56,000 shares

Bids Received (Subscription)

Shine Fashions IPO subscribed 1.73x in total, whereas Veer Global Infraconstruction IPO subscribed 1.51x.

  Shine Fashions IPO Veer Global Infraconstruction IPO
QIB (times)
NII (times) 1.83x 1.84x
Big NII (times)
Small NII (times)
RII (times) 1.63x 1.18x
Employee (times)
Other (times)
Total (times) 1.73x 1.51x

Comments

Add a public comment...