B Right Realestate IPO vs Veerkrupa Jewellers IPO

Comparision between B Right Realestate IPO and Veerkrupa Jewellers IPO.

IPO Details

B Right Realestate IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Veerkrupa Jewellers IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	B Right Realestate IPO	Veerkrupa Jewellers 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	Gretex Corporate Services Limited	First Overseas Capital Limited
Registrar	Purva Sharegistry India Pvt Ltd	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 B Right Realestate IPO is up to ₹44.36 Cr whereas the issue size of the Veerkrupa Jewellers IPO is up to ₹8.10 Cr. The final issue price of B Right Realestate IPO is ₹153.00 per share and of Veerkrupa Jewellers IPO is ₹27.00 per share.

	B Right Realestate IPO	Veerkrupa Jewellers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹153.00 per share	₹27.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	4000 shares
Fresh Issue Size	28,99,200 shares	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹44.36 Cr	up to ₹8.10 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,99,200 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹44.36 Cr	up to ₹8.10 Cr

IPO Timetable

B Right Realestate IPO opens on Jun 30, 2022, while Veerkrupa Jewellers IPO opens on Jun 29, 2022. The closing date of B Right Realestate IPO and Veerkrupa Jewellers IPO is Jul 05, 2022, and Jul 08, 2022, respectively.

	B Right Realestate IPO	Veerkrupa Jewellers IPO
Anchor Bid Date
Issue Open	Jun 30, 2022	Jun 29, 2022
Issue Close	Jul 05, 2022	Jul 08, 2022
Basis Of Allotment (Tentative)	Jul 08, 2022	Jul 08, 2022
Initiation of Refunds (Tentative)	Jul 11, 2022	Jul 11, 2022
Credit of Share (Tentative)	Jul 12, 2022	Jul 12, 2022
Listing date (Tentative)	Jul 13, 2022	Jul 18, 2022
Anchor Lockin End date 1	Aug 07, 2022	Aug 07, 2022
Anchor Lockin End date 2	Oct 06, 2022	Oct 06, 2022

Financials

B Right Realestate IPO P/E ratio is 164.52, as compared to Veerkrupa Jewellers IPO P/E ratio of 75.

B Right Realestate IPO

Veerkrupa Jewellers IPO

Financial

B Right Realestate Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	11759.76	147.04	86.57	3522.69	3459.79
31-Mar-21	13441.76	118.77	58.44	8981.07	8888.17
31-Dec-21	15518.34	115.95	72.3	9053.34	8960.44
Amount in ₹ Lakhs

Veerkrupa Jewellers Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-19	335.48	165.32	8.27	8.27
31-Mar-20	520.46	1094.86	0.71	302.69
31-Mar-21	1034.77	463.28	1.07	303.76
31-Dec-21	1159.98	1002.64	21.4	325.16
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.98%

79.94%

Promoter Shareholding (Post-Issue)

71.92%

49.44%

P/E Ratio

164.52

Market Cap

₹158.07 Cr.

₹21.23 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the B Right Realestate IPO retail investors (RII) are offered 13,76,800 shares while in Veerkrupa Jewellers IPO retail investors are offered 13,76,800 shares. Qualified institutional buyers (QIB) are offered in B Right Realestate IPO and in Veerkrupa Jewellers IPO.

	B Right Realestate IPO	Veerkrupa Jewellers IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,45,600 shares	1,52,000 shares
QIB
NII	13,76,800 shares	14,24,000 shares
RII	13,76,800 shares	14,24,000 shares
Employee
Others
Total	27,53,600 shares	28,48,000 shares

Bids Received (Subscription)

B Right Realestate IPO subscribed 1.21x in total, whereas Veerkrupa Jewellers IPO subscribed 1.85x.

	B Right Realestate IPO	Veerkrupa Jewellers IPO
QIB (times)
NII (times)	1.82x	1.04x
Big NII (times)
Small NII (times)
RII (times)	0.60x	2.67x
Employee (times)
Other (times)
Total (times)	1.21x	1.85x

Compare with others

B Right Realestate IPO	Veerkrupa Jewellers IPO
Veekayem Fashion and Apparels IPO	Healthy Life Agritec IPO
Upsurge Seeds of Agriculture IPO	Kesar India IPO
Agni Green Power IPO	B Right Realestate IPO
Healthy Life Agritec IPO	Jayant Infratech IPO
Kesar India IPO	SKP Bearing Industries IPO
Jayant Infratech IPO	Sailani Tours N Travels IPO
SKP Bearing Industries IPO	Mangalam Worldwide IPO
Veerkrupa Jewellers IPO	Modis Navnirman IPO
Sailani Tours N Travels IPO	Pearl Green Clubs and Resorts IPO
Mangalam Worldwide IPO	KCK Industries IPO

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