Bindal Exports IPO vs Globe International Carriers IPO

Comparison between Bindal Exports IPO and Globe International Carriers IPO.

IPO Details

Bindal Exports IPO is a SME Fixed Price IPO proposed to list at BSE SME while Globe International Carriers IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Bindal Exports IPO is up to ₹1.89 Cr whereas the issue size of the Globe International Carriers IPO is up to ₹4.90 Cr. The final issue price of Bindal Exports IPO is ₹16.00 per share and of Globe International Carriers IPO is ₹24.00 per share.

 Bindal Exports IPOGlobe International Carriers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹16.00 per share₹24.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares6000 shares
Fresh Issue Size11,84,000 shares20,40,000 shares
Fresh Issue Size (Amount)up to ₹1.89 Crup to ₹4.90 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,84,000 shares20,40,000 shares
Issue Size Total (Amount)up to ₹1.89 Crup to ₹4.90 Cr

IPO Timetable

Bindal Exports IPO opens on Sep 30, 2016, while Globe International Carriers IPO opens on Sep 30, 2016. The closing date of Bindal Exports IPO and Globe International Carriers IPO is Oct 06, 2016, and Oct 07, 2016, respectively.

 Bindal Exports IPOGlobe International Carriers IPO
Issue OpenSep 30, 2016Sep 30, 2016
Issue CloseOct 06, 2016Oct 07, 2016
Basis Of Allotment (Tentative)Oct 10, 2016Oct 14, 2016
Listing date (Tentative)Oct 17, 2016Oct 19, 2016

Financials & KPIs

Bindal Exports IPO P/E ratio is , as compared to Globe International Carriers IPO P/E ratio of .

 Bindal Exports IPOGlobe International Carriers IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets17.7319.6722.38
Total Income24.6827.9328.64
Profit After Tax0.060.010.07
NET Worth6.296.246.27
Reserves and Surplus4.324.264.29
Total Borrowing8.529.021.01
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets35.7030.9335.60
Total Income102.84114.30106.85
Profit After Tax1.010.820.12
NET Worth13.5212.5011.70
Reserves and Surplus7.6311.5210.72
Total Borrowing17.8214.8619.83
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.87%73.2%
Market Cap₹7.36 Cr.₹19.29 Cr.
RoNW0.947.5

Shares Offered

In the Bindal Exports IPO Retail Individual Investors (RII) are offered 5,92,000 shares while in Globe International Carriers IPO retail investors are offered 5,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Bindal Exports IPO and in Globe International Carriers IPO.

 Bindal Exports IPOGlobe International Carriers IPO
Market Maker Reservation64,000 shares1,14,000 shares
NII5,92,000 shares10,20,000 shares
RII5,92,000 shares10,20,000 shares
Total11,84,000 shares20,40,000 shares

Bids Received (Subscription)

Bindal Exports IPO subscribed 1.36x in total, whereas Globe International Carriers IPO subscribed 2.14x.

Compare with others

Compare:

Bindal Exports IPO Vs Globe International Carriers IPO