Prospect Commodities IPO vs VELS Film International IPO

Comparision between Prospect Commodities IPO and VELS Film International IPO.

IPO Details

Prospect Commodities IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while VELS Film International IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Prospect Commodities IPO	VELS Film International 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	Interactive Financial Services Ltd	Khambatta Securities Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Beeline Broking Ltd.	Ss Corporate Securities Limited
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 Prospect Commodities IPO is up to ₹7.48 Cr whereas the issue size of the VELS Film International IPO is up to ₹33.74 Cr. The final issue price of Prospect Commodities IPO is ₹61.00 per share and of VELS Film International IPO is ₹99.00 per share.

	Prospect Commodities IPO	VELS Film International IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹61.00 per share	₹99.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	12,26,000 shares	34,08,000 shares
Fresh Issue Size (Amount)	up to ₹7.48 Cr	up to ₹33.74 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,26,000 shares	34,08,000 shares
Issue Size Total (Amount)	up to ₹7.48 Cr	up to ₹33.74 Cr

IPO Timetable

Prospect Commodities IPO opens on Mar 08, 2023, while VELS Film International IPO opens on Mar 10, 2023. The closing date of Prospect Commodities IPO and VELS Film International IPO is Mar 13, 2023, and Mar 14, 2023, respectively.

	Prospect Commodities IPO	VELS Film International IPO
Anchor Bid Date
Issue Open	Mar 08, 2023	Mar 10, 2023
Issue Close	Mar 13, 2023	Mar 14, 2023
Basis Of Allotment (Tentative)	Mar 16, 2023	Mar 17, 2023
Initiation of Refunds (Tentative)	Mar 17, 2023	Mar 20, 2023
Credit of Share (Tentative)	Mar 20, 2023	Mar 21, 2023
Listing date (Tentative)	Mar 20, 2023	Mar 22, 2023
Anchor Lockin End date 1	Apr 15, 2023	Apr 16, 2023
Anchor Lockin End date 2	Jun 14, 2023	Jun 15, 2023

Financials

Prospect Commodities IPO P/E ratio is 31.44, as compared to VELS Film International IPO P/E ratio of 58.58.

Prospect Commodities IPO

VELS Film International IPO

Financial

Prospect Commodities Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-22	1.05	0.00	-0.15	0.85	-0.15	0.05
30-Nov-22	977.07	839.98	52.85	293.70	52.70	363.57
Amount in ₹ Lakhs

VELS Film International Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-22	12,090.06	2,717.92	338.23	1,879.42	929.42
30-Sep-22	14,619.59	4,718.97	134.00	2,013.42	1,063.42
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

88.44%

100%

Promoter Shareholding (Post-Issue)

61.94%

P/E Ratio

31.44

58.58

Market Cap

₹24.95 Cr.

₹127.79 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Prospect Commodities IPO retail investors (RII) are offered 5,82,000 shares while in VELS Film International IPO retail investors are offered 5,82,000 shares. Qualified institutional buyers (QIB) are offered in Prospect Commodities IPO and in VELS Film International IPO.

	Prospect Commodities IPO	VELS Film International IPO
Anchor Investor Reserveration
Market Maker Reserveration	62,000 shares	1,72,800 shares
QIB
NII	5,82,000 shares	16,17,600 shares
RII	5,82,000 shares	16,17,600 shares
Employee
Others
Total	11,64,000 shares	32,35,200 shares

Bids Received (Subscription)

Prospect Commodities IPO subscribed 5.31x in total, whereas VELS Film International IPO subscribed 1.10x.

	Prospect Commodities IPO	VELS Film International IPO
QIB (times)
NII (times)	6.85x	1.22x
Big NII (times)
Small NII (times)
RII (times)	3.76x	0.97x
Employee (times)
Other (times)
Total (times)	5.31x	1.10x

Compare with others

Prospect Commodities IPO	VELS Film International IPO
Dev Labtech Venture IPO	Maiden Forgings IPO
Nirman Agri Genetics IPO	Command Polymers IPO
Labelkraft Technologies IPO	Dev Labtech Venture IPO
VELS Film International IPO	Nirman Agri Genetics IPO
Bright Outdoor Media IPO	Labelkraft Technologies IPO
Quality Foils (India) IPO	Bright Outdoor Media IPO
Sudarshan Pharma Industries IPO	Prospect Commodities IPO
Vertexplus Technologies IPO	Quality Foils (India) IPO
MCON Rasayan IPO	Sudarshan Pharma Industries IPO
Systango Technologies IPO	Vertexplus Technologies IPO

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