Sigma Solve IPO vs Veer Global Infraconstruction IPO

Comparision between Sigma Solve IPO and Veer Global Infraconstruction IPO.

IPO Details

Sigma Solve IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Veer Global Infraconstruction IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Sigma Solve IPO	Veer Global Infraconstruction 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	NSE SME	BSE SME
Lead Managers	Beeline Broking Ltd	Capitalsquare Advisors Private Limited
Registrar	Link Intime India Private Ltd	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 Sigma Solve IPO is up to ₹4.95 Cr whereas the issue size of the Veer Global Infraconstruction IPO is up to ₹4.92 Cr. The final issue price of Sigma Solve IPO is ₹45.00 per share and of Veer Global Infraconstruction IPO is ₹28.00 per share.

	Sigma Solve IPO	Veer Global Infraconstruction IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹45.00 per share	₹28.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	4000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	11,01,000 shares	17,56,000 shares
Issue Size Total (Amount)	up to ₹4.95 Cr	up to ₹4.92 Cr

IPO Timetable

Sigma Solve IPO opens on Sep 29, 2020, while Veer Global Infraconstruction IPO opens on Sep 30, 2020. The closing date of Sigma Solve IPO and Veer Global Infraconstruction IPO is Oct 09, 2020, and Oct 09, 2020, respectively.

	Sigma Solve IPO	Veer Global Infraconstruction IPO
Anchor Bid Date
Issue Open	Sep 29, 2020	Sep 30, 2020
Issue Close	Oct 09, 2020	Oct 09, 2020
Basis Of Allotment (Tentative)	Oct 14, 2020	Oct 14, 2020
Initiation of Refunds (Tentative)	Oct 15, 2020	Oct 15, 2020
Credit of Share (Tentative)	Oct 15, 2020	Oct 16, 2020
Listing date (Tentative)	Oct 19, 2020	Oct 19, 2020
Anchor Lockin End date 1	Nov 13, 2020	Nov 13, 2020
Anchor Lockin End date 2	Jan 12, 2021	Jan 12, 2021

Financials

Sigma Solve IPO P/E ratio is , as compared to Veer Global Infraconstruction IPO P/E ratio of .

Sigma Solve IPO

Veer Global Infraconstruction IPO

Financial

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	498.25	226.25	112.17
Total Revenue	568.83	348.79	257.47
Profit After Tax	65.02	34.57	23.36

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)

100%

85.40%

Promoter Shareholding (Post-Issue)

73.24%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Sigma Solve IPO retail investors (RII) are offered 5,22,000 shares while in Veer Global Infraconstruction IPO retail investors are offered 5,22,000 shares. Qualified institutional buyers (QIB) are offered in Sigma Solve IPO and in Veer Global Infraconstruction IPO.

	Sigma Solve IPO	Veer Global Infraconstruction IPO
Anchor Investor Reserveration
Market Maker Reserveration	57,000 shares
QIB
NII	5,22,000 shares	8,78,000 shares
RII	5,22,000 shares	8,78,000 shares
Employee
Others
Total	10,44,000 shares	17,56,000 shares

Bids Received (Subscription)

Sigma Solve IPO subscribed 1.59x in total, whereas Veer Global Infraconstruction IPO subscribed 1.51x.

	Sigma Solve IPO	Veer Global Infraconstruction IPO
QIB (times)
NII (times)	1.09x	1.84x
Big NII (times)
Small NII (times)
RII (times)	2.09x	1.18x
Employee (times)
Other (times)
Total (times)	1.59x	1.51x

Compare with others

Sigma Solve IPO	Veer Global Infraconstruction IPO
Net Pix Shorts IPO	Shine Fashions IPO
Shine Fashions IPO	Bodhi Tree Multimedia IPO
Bodhi Tree Multimedia IPO	Atal Realtech IPO
Atal Realtech IPO	AAA Technologies IPO
AAA Technologies IPO	Sigma Solve IPO
Veer Global Infraconstruction IPO	GM Polyplast IPO
GM Polyplast IPO	Atam Valves SME IPO
Atam Valves SME IPO	SecMark SME IPO
SecMark SME IPO	Advait Infratech SME IPO
Advait Infratech SME IPO	Hippo Cabs IPO

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