Comparison between Aspire & Innovative IPO and GConnect Logitech IPO.
Aspire & Innovative IPO is a SME Fixed Price IPO proposed to list at NSE SME while GConnect Logitech IPO is a SME Fixed Price proposed to list at BSE SME.
| Aspire & Innovative IPO | GConnect Logitech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Aftertrade Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aspire & Innovative IPO is up to ₹20.87 Cr whereas the issue size of the GConnect Logitech IPO is up to ₹5.30 Cr. The final issue price of Aspire & Innovative IPO is ₹54.00 per share and of GConnect Logitech IPO is ₹40.00 per share.
| Aspire & Innovative IPO | GConnect Logitech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | |
| Issue Price (Upper) | ₹54.00 per share | |
| Issue Price (Final) | ₹54.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 38,64,000 shares | 13,26,000 shares |
| Fresh Issue Size (Amount) | up to ₹20.87 Cr | up to ₹5.30 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 | 38,64,000 shares | 13,26,000 shares |
| Issue Size Total (Amount) | up to ₹20.87 Cr | up to ₹5.30 Cr |
Aspire & Innovative IPO opens on Mar 26, 2024, while GConnect Logitech IPO opens on Mar 26, 2024. The closing date of Aspire & Innovative IPO and GConnect Logitech IPO is Mar 28, 2024, and Mar 28, 2024, respectively.
| Aspire & Innovative IPO | GConnect Logitech IPO | |
|---|---|---|
| Anchor Bid Date | Mar 22, 2024 | |
| Issue Open | Mar 26, 2024 | Mar 26, 2024 |
| Issue Close | Mar 28, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Apr 01, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Apr 02, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Apr 02, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Apr 03, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | May 01, 2024 | |
| Anchor Lockin End date 2 | Jun 30, 2024 |
Aspire & Innovative IPO P/E ratio is 11.3, as compared to GConnect Logitech IPO P/E ratio of 1.5.
| Aspire & Innovative IPO | GConnect Logitech IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Aspire & Innovative Advertising Limited Financial Information (Restated Standalone)Aspire & Innovative Advertising Limited's revenue increased by 35.46% and profit after tax (PAT) rose by 21.38% between the financial year ending with March 31, 2023 and March 31, 2022.
| GConnect Logitech and Supply Chain Limited Financial Information (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.84 | 76.76 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.35 | 47.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.3 | 1.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹81.96 Cr. | ₹14.88 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.50% | 5.73% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.59% | 7.67% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.78 | ₹26.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.22% | 5.73% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aspire & Innovative IPO Retail Individual Investors (RII) are offered 13,54,000 shares while in GConnect Logitech IPO retail investors are offered 13,54,000 shares. Qualified Institutional Buyers (QIB) are offered 7,74,000 shares in Aspire & Innovative IPO and in GConnect Logitech IPO.
| Aspire & Innovative IPO | GConnect Logitech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 11,56,000 shares | |
| Market Maker Reserveration | 2,04,000 shares | 75,000 shares |
| QIB | 7,74,000 shares | |
| NII | 5,80,000 shares | 6,63,000 shares |
| RII | 13,54,000 shares | 6,63,000 shares |
| Employee | ||
| Others | ||
| Total | 38,64,000 shares | 13,26,000 shares |
Aspire & Innovative IPO subscribed 15.17x in total, whereas GConnect Logitech IPO subscribed 57.38x.
| Aspire & Innovative IPO | GConnect Logitech IPO | |
|---|---|---|
| QIB (times) | 5.21x | |
| NII (times) | 25.60x | 42.90x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.39x | 71.74x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.17x | 57.38x |
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