Agni Green Power IPO vs Veekayem Fashion and Apparels IPO

Comparision between Agni Green Power IPO and Veekayem Fashion and Apparels IPO.

IPO Details

Agni Green Power IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Veekayem Fashion and Apparels IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Agni Green Power 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	NSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	GYR Capital Advisors Private Limited
Registrar	Cameo Corporate Services 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 Agni Green Power IPO is up to ₹5.25 Cr whereas the issue size of the Veekayem Fashion and Apparels IPO is up to ₹4.44 Cr. The final issue price of Agni Green Power IPO is ₹10.00 per share and of Veekayem Fashion and Apparels IPO is ₹28.00 per share.

	Agni Green Power IPO	Veekayem Fashion and Apparels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹10.00 per share	₹28.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	4000 shares
Fresh Issue Size	52,50,000 shares	15,84,000 shares
Fresh Issue Size (Amount)	up to ₹5.25 Cr	up to ₹4.44 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	52,50,000 shares	15,84,000 shares
Issue Size Total (Amount)	up to ₹5.25 Cr	up to ₹4.44 Cr

IPO Timetable

Agni Green Power IPO opens on Jul 20, 2022, while Veekayem Fashion and Apparels IPO opens on Aug 05, 2022. The closing date of Agni Green Power IPO and Veekayem Fashion and Apparels IPO is Jul 22, 2022, and Aug 11, 2022, respectively.

	Agni Green Power IPO	Veekayem Fashion and Apparels IPO
Anchor Bid Date
Issue Open	Jul 20, 2022	Aug 05, 2022
Issue Close	Jul 22, 2022	Aug 11, 2022
Basis Of Allotment (Tentative)	Jul 27, 2022	Aug 17, 2022
Initiation of Refunds (Tentative)	Jul 28, 2022	Aug 18, 2022
Credit of Share (Tentative)	Jul 29, 2022	Aug 19, 2022
Listing date (Tentative)	Aug 01, 2022	Aug 22, 2022
Anchor Lockin End date 1	Aug 26, 2022	Sep 16, 2022
Anchor Lockin End date 2	Oct 25, 2022	Nov 15, 2022

Financials

Agni Green Power IPO P/E ratio is 250, as compared to Veekayem Fashion and Apparels IPO P/E ratio of 8.72.

Agni Green Power IPO

Veekayem Fashion and Apparels IPO

Financial

Agni Green Power Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	4601.52	3173.32	223.3	2619.1	1904.86
31-Mar-20	4530.39	2324.05	10.25	2629.35	1915.11
31-Mar-21	4648.97	3526.79	10.56	2639.91	1925.67
31-Jan-22	4404.55	711.81	7.13	2647.04	1218.56
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)

96.50%

54.31%

Promoter Shareholding (Post-Issue)

70.57%

39.67%

P/E Ratio

250

8.72

Market Cap

₹19.54 Cr.

₹16.45 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Agni Green Power IPO retail investors (RII) are offered 24,90,000 shares while in Veekayem Fashion and Apparels IPO retail investors are offered 24,90,000 shares. Qualified institutional buyers (QIB) are offered in Agni Green Power IPO and in Veekayem Fashion and Apparels IPO.

	Agni Green Power IPO	Veekayem Fashion and Apparels IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,70,000 shares	80,000 shares
QIB
NII	24,90,000 shares	7,52,000 shares
RII	24,90,000 shares	7,52,000 shares
Employee
Others
Total	49,80,000 shares	15,04,000 shares

Bids Received (Subscription)

Agni Green Power IPO subscribed 73.66x in total, whereas Veekayem Fashion and Apparels IPO subscribed 301.47x.

	Agni Green Power IPO	Veekayem Fashion and Apparels IPO
QIB (times)
NII (times)	107.40x	355.85x
Big NII (times)
Small NII (times)
RII (times)	39.92x	247.09x
Employee (times)
Other (times)
Total (times)	73.66x	301.47x

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Agni Green Power IPO	Veekayem Fashion and Apparels IPO
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Veekayem Fashion and Apparels IPO	JFL Life Sciences IPO
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