Bansal Multiflex IPO vs Globe Textiles IPO

Comparison between Bansal Multiflex IPO and Globe Textiles IPO.

IPO Details

Bansal Multiflex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Globe Textiles IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Bansal Multiflex IPO is up to ₹5.88 Cr whereas the issue size of the Globe Textiles IPO is up to ₹12.97 Cr. The final issue price of Bansal Multiflex IPO is ₹31.00 per share and of Globe Textiles IPO is ₹51.00 per share.

 Bansal Multiflex IPOGlobe Textiles IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹31.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size18,96,000 shares12,24,000 shares
Fresh Issue Size (Amount)up to ₹5.88 Crup to ₹6.24 Cr
OFS Issue Size0 shares13,20,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹6.73 Cr
Issue Size Total18,96,000 shares25,44,000 shares
Issue Size Total (Amount)up to ₹5.88 Crup to ₹12.97 Cr

IPO Timetable

Bansal Multiflex IPO opens on Jun 30, 2017, while Globe Textiles IPO opens on Jun 12, 2017. The closing date of Bansal Multiflex IPO and Globe Textiles IPO is Jul 04, 2017, and Jun 15, 2017, respectively.

 Bansal Multiflex IPOGlobe Textiles IPO
Issue OpenJun 30, 2017Jun 12, 2017
Issue CloseJul 04, 2017Jun 15, 2017
Basis Of Allotment (Tentative)Jul 07, 2017Jun 20, 2017
Listing date (Tentative)Jul 12, 2017Jun 23, 2017

Financials & KPIs

Bansal Multiflex IPO P/E ratio is , as compared to Globe Textiles IPO P/E ratio of .

 Bansal Multiflex IPOGlobe Textiles IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets19.820.590.18
Total Income11.772.131.77
Profit After Tax0.380.020.01
NET Worth5.830.050.03
Reserves and Surplus0.420.040.02
Total Borrowing6.310.190.12
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets110.1082.8270.65
Total Income191.86183.16175.26
Profit After Tax3.251.572.44
NET Worth24.8621.6220.04
Reserves and Surplus16.1518.7117.14
Total Borrowing51.8138.9529.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.01%73.32%
Market Cap₹22.97 Cr.₹51.39 Cr.

Shares Offered

In the Bansal Multiflex IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in Globe Textiles IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Bansal Multiflex IPO and 0 shares in Globe Textiles IPO.

 Bansal Multiflex IPOGlobe Textiles IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,04,000 shares1,44,000 shares
QIB0 shares0 shares
NII9,48,000 shares12,72,000 shares
RII9,48,000 shares12,72,000 shares
Employee0 shares0 shares
Total18,96,000 shares25,44,000 shares

Bids Received (Subscription)

Bansal Multiflex IPO subscribed 4.53x in total, whereas Globe Textiles IPO subscribed 2.62x.

 Bansal Multiflex IPOGlobe Textiles IPO
NII (times)2.39x1.50x
RII (times)6.67x3.74x
Total (times)4.53x2.62x

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