Comparison between BEW Engineering IPO and Gretex Corporate IPO.
IPO Details
BEW Engineering IPO is a SME Fixed Price IPO proposed to list at NSE SME while Gretex Corporate IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of BEW Engineering IPO is up to ₹3.76 Cr whereas the issue size of the Gretex Corporate IPO is up to ₹4.87 Cr. The final issue price of BEW Engineering IPO is ₹58.00 per share and of Gretex Corporate IPO is ₹170.00 per share.
IPO Timetable
BEW Engineering IPO opens on Sep 02, 2021, while Gretex Corporate IPO opens on Jul 27, 2021. The closing date of BEW Engineering IPO and Gretex Corporate IPO is Sep 07, 2021, and Jul 30, 2021, respectively.
| | BEW Engineering IPO | Gretex Corporate IPO |
|---|
| Issue Open | Sep 02, 2021 | Jul 27, 2021 |
| Issue Close | Sep 07, 2021 | Jul 30, 2021 |
| Basis Of Allotment (Tentative) | Sep 13, 2021 | Aug 04, 2021 |
| Initiation of Refunds (Tentative) | Sep 14, 2021 | Aug 05, 2021 |
| Credit of Share (Tentative) | Sep 15, 2021 | Aug 06, 2021 |
| Listing date (Tentative) | Sep 16, 2021 | Aug 09, 2021 |
Financials & KPIs
BEW Engineering IPO P/E ratio is , as compared to Gretex Corporate IPO P/E ratio of .
Shares Offered
In the BEW Engineering IPO Retail Individual Investors (RII) are offered 3,24,000 shares while in Gretex Corporate IPO retail investors are offered 3,24,000 shares. Qualified Institutional Buyers (QIB) are offered in BEW Engineering IPO and 0 shares in Gretex Corporate IPO.
| | BEW Engineering IPO | Gretex Corporate IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 36,000 shares | 15,200 shares |
| QIB | | 0 shares |
| NII | 3,24,000 shares | 1,43,200 shares |
| RII | 3,24,000 shares | 1,43,200 shares |
| Employee | | 0 shares |
| Total | 6,48,000 shares | 2,86,400 shares |
Bids Received (Subscription)
BEW Engineering IPO subscribed 21.65x in total, whereas Gretex Corporate IPO subscribed 7.27x.