Comparison between Ace Tours Worldwide IPO and GCM Commodity IPO.
Ace Tours Worldwide IPO is a SME Fixed Price IPO proposed to list at BSE SME while GCM Commodity IPO is a SME Fixed Price proposed to list at BSE SME.
| Ace Tours Worldwide IPO | GCM Commodity IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Corporate Strategic Allianz Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Satellite Corporate Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Shah Investors Home Ltd. | Bindal Equities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ace Tours Worldwide IPO is up to ₹7.55 Cr whereas the issue size of the GCM Commodity IPO is up to ₹6.65 Cr. The final issue price of Ace Tours Worldwide IPO is ₹16.00 per share and of GCM Commodity IPO is ₹20.00 per share.
| Ace Tours Worldwide IPO | GCM Commodity IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹16.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 8000 shares | 6000 shares |
| Fresh Issue Size | 47,20,000 shares | 33,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.55 Cr | up to ₹6.65 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 47,20,000 shares | 33,24,000 shares |
| Issue Size Total (Amount) | up to ₹7.55 Cr | up to ₹6.65 Cr |
Ace Tours Worldwide IPO opens on Sep 09, 2013, while GCM Commodity IPO opens on Aug 01, 2013. The closing date of Ace Tours Worldwide IPO and GCM Commodity IPO is Sep 12, 2013, and Aug 05, 2013, respectively.
| Ace Tours Worldwide IPO | GCM Commodity IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2013 | Aug 01, 2013 |
| Issue Close | Sep 12, 2013 | Aug 05, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 26, 2013 | Apr 05, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ace Tours Worldwide IPO P/E ratio is , as compared to GCM Commodity IPO P/E ratio of .
| Ace Tours Worldwide IPO | GCM Commodity IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 75.45 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 45.68 | 52.74 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹20.27 Cr. | ₹14.85 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 1.69 | 1.36 |
In the Ace Tours Worldwide IPO Retail Individual Investors (RII) are offered 23,60,000 shares while in GCM Commodity IPO retail investors are offered 23,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Ace Tours Worldwide IPO and in GCM Commodity IPO.
| Ace Tours Worldwide IPO | GCM Commodity IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,80,000 shares | 1,86,000 shares |
| QIB | ||
| NII | 23,60,000 shares | 16,62,000 shares |
| RII | 23,60,000 shares | 16,62,000 shares |
| Employee | ||
| Others | ||
| Total | 47,20,000 shares | 33,24,000 shares |
Ace Tours Worldwide IPO subscribed 1.09x in total, whereas GCM Commodity IPO subscribed 1.50x.
| Ace Tours Worldwide IPO | GCM Commodity IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.70x | 1.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.48x | 1.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.09x | 1.50x |
