FREE Account Opening + No Clearing Fees
Loading...

Kore Mobile IPO vs Virtuoso Optoelectronics IPO

Comparision between Kore Mobile IPO and Virtuoso Optoelectronics IPO.

IPO Details

Kore Mobile IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Virtuoso Optoelectronics IPO is a SME Fixed Price Issue proposed to list at BSE SME.

  Kore Mobile IPO Virtuoso Optoelectronics IPO
Logo Kore Mobile IPO Logo Virtuoso Optoelectronics 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 Beeline Capital Advisors Pvt Ltd Fedex Securities Pvt Ltd
Registrar Link Intime India Private Ltd Cameo Corporate Services 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 Kore Mobile IPO is up to ₹10.80 Cr whereas the issue size of the Virtuoso Optoelectronics IPO is up to ₹30.24 Cr. The final issue price of Kore Mobile IPO is ₹36.00 per share and of Virtuoso Optoelectronics IPO is ₹56.00 per share.

  Kore Mobile IPO Virtuoso Optoelectronics IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹36.00 per share ₹56.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 3000 shares 2000 shares
Fresh Issue Size 30,00,000 shares 54,00,000 shares
Fresh Issue Size (Amount) up to ₹10.80 Cr up to ₹30.24 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 30,00,000 shares 54,00,000 shares
Issue Size Total (Amount) up to ₹10.80 Cr up to ₹30.24 Cr

IPO Timetable

Kore Mobile IPO opens on Aug 26, 2022, while Virtuoso Optoelectronics IPO opens on Sep 02, 2022. The closing date of Kore Mobile IPO and Virtuoso Optoelectronics IPO is Aug 30, 2022, and Sep 07, 2022, respectively.

  Kore Mobile IPO Virtuoso Optoelectronics IPO
Anchor Bid Date
Issue Open Aug 26, 2022 Sep 02, 2022
Issue Close Aug 30, 2022 Sep 07, 2022
Basis Of Allotment (Tentative) Sep 05, 2022 Sep 12, 2022
Initiation of Refunds (Tentative) Sep 06, 2022 Sep 13, 2022
Credit of Share (Tentative) Sep 07, 2022 Sep 14, 2022
Listing date (Tentative) Sep 08, 2022 Sep 15, 2022
Anchor Lockin End date 1 Oct 05, 2022 Oct 12, 2022
Anchor Lockin End date 2 Dec 04, 2022 Dec 11, 2022

Financials

Kore Mobile IPO P/E ratio is 46, as compared to Virtuoso Optoelectronics IPO P/E ratio of 6.92.

  Kore Mobile IPO Virtuoso Optoelectronics IPO
Financial
Jay Jalaram Technologies Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-191704.759577.07-6.3423.712.71
31-Mar-202487.199523.412.5626.275.27
31-Mar-212839.3512225.329.3555.6234.62
31-Mar-223590.4816555.8587.171067.79796.79
Amount in ₹ Lakhs
Virtuoso Optoelectronics Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-205719.086839.34140.891123.99957.57
31-Mar-217989.6311551.3208.331332.321165.9
31-Mar-2212555.5120028.2394.012126.34628.08
30-Jun-2213350.857399.61412.342538.681040.43
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 100% 100%
Promoter Shareholding (Post-Issue) 73.04% 73.51%
P/E Ratio 46 6.92
Market Cap ₹40.07 Cr. ₹114.14 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Kore Mobile IPO retail investors (RII) are offered 14,25,000 shares while in Virtuoso Optoelectronics IPO retail investors are offered 14,25,000 shares. Qualified institutional buyers (QIB) are offered in Kore Mobile IPO and in Virtuoso Optoelectronics IPO.

  Kore Mobile IPO Virtuoso Optoelectronics IPO
Anchor Investor Reserveration
Market Maker Reserveration 1,50,000 shares 2,80,000 shares
QIB
NII 14,25,000 shares 25,60,000 shares
RII 14,25,000 shares 25,60,000 shares
Employee
Others
Total 28,50,000 shares 51,20,000 shares

Bids Received (Subscription)

Kore Mobile IPO subscribed 14.97x in total, whereas Virtuoso Optoelectronics IPO subscribed 96.91x.

  Kore Mobile IPO Virtuoso Optoelectronics IPO
QIB (times)
NII (times) 18.56x 112.87x
Big NII (times)
Small NII (times)
RII (times) 11.38x 80.95x
Employee (times)
Other (times)
Total (times) 14.97x 96.91x

Comments

Add a public comment...