Olatech Solutions IPO vs Veekayem Fashion and Apparels IPO

Comparision between Olatech Solutions IPO and Veekayem Fashion and Apparels IPO.

IPO Details

Olatech Solutions 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.

	Olatech Solutions 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	Shreni Shares Limited	GYR Capital Advisors Private Limited
Registrar	Skyline Financial Services Private 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 Olatech Solutions IPO is up to ₹1.89 Cr whereas the issue size of the Veekayem Fashion and Apparels IPO is up to ₹4.44 Cr. The final issue price of Olatech Solutions IPO is ₹27.00 per share and of Veekayem Fashion and Apparels IPO is ₹28.00 per share.

	Olatech Solutions IPO	Veekayem Fashion and Apparels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹27.00 per share	₹28.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	4000 shares
Fresh Issue Size	7,00,000 shares	15,84,000 shares
Fresh Issue Size (Amount)	up to ₹1.89 Cr	up to ₹4.44 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,00,000 shares	15,84,000 shares
Issue Size Total (Amount)	up to ₹1.89 Cr	up to ₹4.44 Cr

IPO Timetable

Olatech Solutions IPO opens on Aug 12, 2022, while Veekayem Fashion and Apparels IPO opens on Aug 05, 2022. The closing date of Olatech Solutions IPO and Veekayem Fashion and Apparels IPO is Aug 19, 2022, and Aug 11, 2022, respectively.

	Olatech Solutions IPO	Veekayem Fashion and Apparels IPO
Anchor Bid Date
Issue Open	Aug 12, 2022	Aug 05, 2022
Issue Close	Aug 19, 2022	Aug 11, 2022
Basis Of Allotment (Tentative)	Aug 24, 2022	Aug 17, 2022
Initiation of Refunds (Tentative)	Aug 25, 2022	Aug 18, 2022
Credit of Share (Tentative)	Aug 26, 2022	Aug 19, 2022
Listing date (Tentative)	Aug 29, 2022	Aug 22, 2022
Anchor Lockin End date 1	Sep 23, 2022	Sep 16, 2022
Anchor Lockin End date 2	Nov 22, 2022	Nov 15, 2022

Financials

Olatech Solutions IPO P/E ratio is 18, as compared to Veekayem Fashion and Apparels IPO P/E ratio of 8.72.

Olatech Solutions IPO

Veekayem Fashion and Apparels IPO

Financial

Olatech Solutions Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	71.01	74.21	10.41	65.37	64.37
31-Mar-20	189.2	835.35	51.58	116.96	115.96
31-Mar-21	148.69	549.23	12.32	129.28	128.28
31-Mar-22	229.95	262.15	35	164.28	164
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)

92%

54.31%

Promoter Shareholding (Post-Issue)

64.48%

39.67%

P/E Ratio

8.72

Market Cap

₹6.32 Cr.

₹16.45 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Olatech Solutions IPO retail investors (RII) are offered 3,28,000 shares while in Veekayem Fashion and Apparels IPO retail investors are offered 3,28,000 shares. Qualified institutional buyers (QIB) are offered in Olatech Solutions IPO and in Veekayem Fashion and Apparels IPO.

	Olatech Solutions IPO	Veekayem Fashion and Apparels IPO
Anchor Investor Reserveration
Market Maker Reserveration	44,000 shares	80,000 shares
QIB
NII	3,28,000 shares	7,52,000 shares
RII	3,28,000 shares	7,52,000 shares
Employee
Others
Total	6,56,000 shares	15,04,000 shares

Bids Received (Subscription)

Olatech Solutions IPO subscribed 598.82x in total, whereas Veekayem Fashion and Apparels IPO subscribed 301.47x.

	Olatech Solutions IPO	Veekayem Fashion and Apparels IPO
QIB (times)
NII (times)	517.71x	355.85x
Big NII (times)
Small NII (times)
RII (times)	679.94x	247.09x
Employee (times)
Other (times)
Total (times)	598.82x	301.47x

Compare with others

Olatech Solutions IPO	Veekayem Fashion and Apparels IPO
Ameya Engineers IPO	Kore Mobile IPO
Kore Mobile IPO	Naturo Indiabull IPO
Naturo Indiabull IPO	Rhetan TMT IPO
Rhetan TMT IPO	JFL Life Sciences IPO
JFL Life Sciences IPO	Olatech Solutions IPO
Veekayem Fashion and Apparels IPO	Upsurge Seeds of Agriculture IPO
Upsurge Seeds of Agriculture IPO	Agni Green Power IPO
Agni Green Power IPO	Healthy Life Agritec IPO
Healthy Life Agritec IPO	Kesar India IPO
Kesar India IPO	B Right Realestate IPO

Comments

Add a public comment...