Comparison between Advanta India IPO and Gremach Infrastructure IPO.
Advanta India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Gremach Infrastructure IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Advanta India IPO is up to ₹216.32 Cr whereas the issue size of the Gremach Infrastructure IPO is up to ₹59.00 Cr. The final issue price of Advanta India IPO is ₹640.00 per share and of Gremach Infrastructure IPO is ₹86.00 per share.
| Advanta India IPO | Gremach Infrastructure IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹600.00 per share | ₹72.00 per share |
| Issue Price (Upper) | ₹650.00 per share | ₹86.00 per share |
| Issue Price (Final) | ₹640.00 per share | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 10 shares | 70 shares |
| Fresh Issue Size | 33,80,000 shares | 68,60,466 shares |
| Fresh Issue Size (Amount) | up to ₹216.32 Cr | up to ₹59.00 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 | 33,80,000 shares | 68,60,466 shares |
| Issue Size Total (Amount) | up to ₹216.32 Cr | up to ₹59.00 Cr |
Advanta India IPO opens on Mar 26, 2007, while Gremach Infrastructure IPO opens on Mar 08, 2007. The closing date of Advanta India IPO and Gremach Infrastructure IPO is Mar 30, 2007, and Mar 19, 2007, respectively.
| Advanta India IPO | Gremach Infrastructure IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 26, 2007 | Mar 08, 2007 |
| Issue Close | Mar 30, 2007 | Mar 19, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 19, 2007 | Apr 11, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Advanta India IPO P/E ratio is , as compared to Gremach Infrastructure IPO P/E ratio of .
| Advanta India IPO | Gremach Infrastructure IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 82.52 | 97.44 | ||||
| Promoter Shareholding (Post-Issue) | 65.96 | 53.52 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1077.41 Cr. | ₹130.87 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 17.78 | 15.3 |
In the Advanta India IPO Retail Individual Investors (RII) are offered 10,14,000 shares while in Gremach Infrastructure IPO retail investors are offered 10,14,000 shares. Qualified Institutional Buyers (QIB) are offered 20,28,000 shares in Advanta India IPO and 30,87,210 shares in Gremach Infrastructure IPO.
| Advanta India IPO | Gremach Infrastructure IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 20,28,000 shares | 30,87,210 shares |
| NII | 3,38,000 shares | 9,26,163 shares |
| RII | 10,14,000 shares | 21,61,047 shares |
| Employee | 6,86,046 shares | |
| Others | ||
| Total | 33,80,000 shares | 68,60,466 shares |
Advanta India IPO subscribed 3.98x in total, whereas Gremach Infrastructure IPO subscribed 1.13x.
| Advanta India IPO | Gremach Infrastructure IPO | |
|---|---|---|
| QIB (times) | 6.47x | 0.34x |
| NII (times) | 0.20x | 6.31x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.26x | 0.38x |
| Employee (times) | 0.03x | |
| Other (times) | ||
| Total (times) | 3.98x | 1.13x |
