Advait Infratech IPO vs GM Polyplast IPO

Comparison between Advait Infratech IPO and GM Polyplast IPO.

IPO Details

Advait Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while GM Polyplast IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Advait Infratech IPO is up to ₹6.54 Cr whereas the issue size of the GM Polyplast IPO is up to ₹7.68 Cr. The final issue price of Advait Infratech IPO is ₹51.00 per share and of GM Polyplast IPO is ₹159.00 per share.

 Advait Infratech IPOGM Polyplast IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹159.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares800 shares
Fresh Issue Size12,82,000 shares2,97,200 shares
Fresh Issue Size (Amount)up to ₹6.54 Crup to ₹4.73 Cr
OFS Issue Size0 shares1,86,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.96 Cr
Issue Size Total12,82,000 shares4,83,200 shares
Issue Size Total (Amount)up to ₹6.54 Crup to ₹7.68 Cr

IPO Timetable

Advait Infratech IPO opens on Sep 15, 2020, while GM Polyplast IPO opens on Sep 30, 2020. The closing date of Advait Infratech IPO and GM Polyplast IPO is Sep 18, 2020, and Oct 06, 2020, respectively.

 Advait Infratech IPOGM Polyplast IPO
Issue OpenSep 15, 2020Sep 30, 2020
Issue CloseSep 18, 2020Oct 06, 2020
Basis Of Allotment (Tentative)Sep 25, 2020Oct 09, 2020
Initiation of Refunds (Tentative)Sep 28, 2020Oct 13, 2020
Credit of Share (Tentative)Sep 29, 2020Oct 13, 2020
Listing date (Tentative)Sep 28, 2020Oct 14, 2020

Financials & KPIs

Advait Infratech IPO P/E ratio is , as compared to GM Polyplast IPO P/E ratio of .

 Advait Infratech IPOGM Polyplast IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets51.5644.3733.16
Total Income45.8128.5245.32
Profit After Tax0.542.496.21
NET Worth19.3718.8716.31
Reserves and Surplus15.6215.0816.30
Total Borrowing9.895.950.69
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets24.8325.3725.33
Total Income63.4368.3555.51
Profit After Tax2.321.380.92
EBITDA4.032.872.05
NET Worth7.945.674.29
Reserves and Surplus7.845.574.19
Total Borrowing2.653.044.41
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%100%
Promoter Shareholding (Post-Issue)73.51%73.54%
Market Cap₹26.01 Cr.₹30.57 Cr.

Shares Offered

In the Advait Infratech IPO Retail Individual Investors (RII) are offered 6,41,000 shares while in GM Polyplast IPO retail investors are offered 6,41,000 shares. Qualified Institutional Buyers (QIB) are offered in Advait Infratech IPO and in GM Polyplast IPO.

 Advait Infratech IPOGM Polyplast IPO
Market Maker Reservation68,000 shares25,600 shares
NII6,41,000 shares2,41,600 shares
RII6,41,000 shares2,41,600 shares
Total12,82,000 shares4,83,200 shares

Bids Received (Subscription)

Advait Infratech IPO subscribed 2.02x in total, whereas GM Polyplast IPO subscribed 1.60x.

 Advait Infratech IPOGM Polyplast IPO
NII (times)1.61x2.13x
RII (times)2.44x1.07x
Total (times)2.02x1.60x

Compare with others

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Advait Infratech IPO Vs GM Polyplast IPO