Comparison between Bhakti Gems IPO and Globe Textiles IPO.
IPO Details
Bhakti Gems IPO is a SME Fixed Price IPO proposed to list at BSE 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 Bhakti Gems IPO is up to ₹3.72 Cr whereas the issue size of the Globe Textiles IPO is up to ₹12.97 Cr. The final issue price of Bhakti Gems IPO is ₹20.00 per share and of Globe Textiles IPO is ₹51.00 per share.
| | Bhakti Gems IPO | Globe Textiles IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹20.00 per share | ₹51.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 18,60,000 shares | 12,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.72 Cr | up to ₹6.24 Cr |
| OFS Issue Size | 0 shares | 13,20,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.73 Cr |
| Issue Size Total | 18,60,000 shares | 25,44,000 shares |
| Issue Size Total (Amount) | up to ₹3.72 Cr | up to ₹12.97 Cr |
IPO Timetable
Bhakti Gems IPO opens on May 17, 2017, while Globe Textiles IPO opens on Jun 12, 2017. The closing date of Bhakti Gems IPO and Globe Textiles IPO is May 22, 2017, and Jun 15, 2017, respectively.
Financials & KPIs
Bhakti Gems IPO P/E ratio is , as compared to Globe Textiles IPO P/E ratio of .
Shares Offered
In the Bhakti Gems IPO Retail Individual Investors (RII) are offered 9,30,000 shares while in Globe Textiles IPO retail investors are offered 9,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Bhakti Gems IPO and 0 shares in Globe Textiles IPO.
| | Bhakti Gems IPO | Globe Textiles IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 1,02,000 shares | 1,44,000 shares |
| QIB | | 0 shares |
| NII | 9,30,000 shares | 12,72,000 shares |
| RII | 9,30,000 shares | 12,72,000 shares |
| Employee | | 0 shares |
| Total | 18,60,000 shares | 25,44,000 shares |
Bids Received (Subscription)
Bhakti Gems IPO subscribed 2.82x in total, whereas Globe Textiles IPO subscribed 2.62x.