Apex Ecotech IPO vs Ganesh Infraworld IPO

Comparison between Apex Ecotech IPO and Ganesh Infraworld IPO.

IPO Details

Apex Ecotech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ganesh Infraworld IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Apex Ecotech IPO is up to ₹24.08 Cr whereas the issue size of the Ganesh Infraworld IPO is up to ₹88.72 Cr. The final issue price of Apex Ecotech IPO is ₹73.00 per share and of Ganesh Infraworld IPO is ₹83.00 per share.

 Apex Ecotech IPOGanesh Infraworld IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹71.00 per share₹78.00 per share
Issue Price (Upper)₹73.00 per share₹83.00 per share
Issue Price (Final)₹73.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size32,99,200 shares1,06,89,600 shares
Fresh Issue Size (Amount)up to ₹24.08 Crup to ₹88.72 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,99,200 shares1,06,89,600 shares
Issue Size Total (Amount)up to ₹24.08 Crup to ₹88.72 Cr

IPO Timetable

Apex Ecotech IPO opens on Nov 27, 2024, while Ganesh Infraworld IPO opens on Nov 29, 2024. The closing date of Apex Ecotech IPO and Ganesh Infraworld IPO is Nov 29, 2024, and Dec 03, 2024, respectively.

 Apex Ecotech IPOGanesh Infraworld IPO
Anchor Bid DateNov 26, 2024Nov 28, 2024
Issue OpenNov 27, 2024Nov 29, 2024
Issue CloseNov 29, 2024Dec 03, 2024
Basis Of Allotment (Tentative)Dec 02, 2024Dec 04, 2024
Initiation of Refunds (Tentative)Dec 03, 2024Dec 05, 2024
Credit of Share (Tentative)Dec 03, 2024Dec 05, 2024
Listing date (Tentative)Dec 04, 2024Dec 06, 2024
Anchor Lockin End date 1Dec 31, 2024Jan 03, 2025
Anchor Lockin End date 2Mar 01, 2025Mar 04, 2025

Financials & KPIs

Apex Ecotech IPO P/E ratio is 10.66, as compared to Ganesh Infraworld IPO P/E ratio of 16.47.

 Apex Ecotech IPOGanesh Infraworld IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets32.6825.5617.689.79
Total Income21.8353.4634.9220.03
Profit After Tax1.556.633.52-0.66
NET Worth16.2914.747.233.70
Reserves and Surplus6.6013.776.312.79
Total Borrowing1.210.420.581.10
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Aug 202431 Mar 202431 Mar 202331 Mar 2022
Assets120.06177.2542.6725.30
Total Income212.33291.81135.0581.15
Profit After Tax15.3715.545.211.89
NET Worth66.1737.2015.158.19
Reserves and Surplus50.7526.22
Total Borrowing10.3330.727.093.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.3281.84
Promoter Shareholding (Post-Issue)69.2959.09
P/E Ratio10.6616.47
Market Cap₹96.25 Cr.₹354.59 Cr.
ROE10.0129.74
ROCE12.0235.17
Debt/Equity0.070.16
EPS₹6.85₹5.04
RoNW10.0129.74

Shares Offered

In the Apex Ecotech IPO Retail Individual Investors (RII) are offered 11,55,200 shares while in Ganesh Infraworld IPO retail investors are offered 11,55,200 shares. Qualified Institutional Buyers (QIB) are offered 6,59,200 shares in Apex Ecotech IPO and 21,37,600 shares in Ganesh Infraworld IPO.

 Apex Ecotech IPOGanesh Infraworld IPO
Anchor Investor Reservation9,88,800 shares32,03,200 shares
Market Maker Reservation2,00,000 shares11,87,200 shares
QIB6,59,200 shares21,37,600 shares
NII4,96,000 shares16,04,800 shares
RII11,55,200 shares37,44,000 shares
Employee
Others
Total32,99,200 shares1,06,89,600 shares

Bids Received (Subscription)

Apex Ecotech IPO subscribed 320.08x in total, whereas Ganesh Infraworld IPO subscribed 258.82x.

 Apex Ecotech IPOGanesh Infraworld IPO
QIB (times)136.69x163.52x
NII (times)1,179.62x865.82x
Big NII (times)
Small NII (times)
RII (times)329.65x274.48x
Employee (times)
Other (times)
Total (times)320.08x258.82x

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