Comparison between ABS Marine IPO and Grill Splendour IPO.
IPO Details
ABS Marine IPO is a SME Fixed Price IPO proposed to list at NSE SME while Grill Splendour IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of ABS Marine IPO is up to ₹90.26 Cr whereas the issue size of the Grill Splendour IPO is up to ₹15.64 Cr. The final issue price of ABS Marine IPO is ₹147.00 per share and of Grill Splendour IPO is ₹120.00 per share.
IPO Timetable
ABS Marine IPO opens on May 10, 2024, while Grill Splendour IPO opens on Apr 15, 2024. The closing date of ABS Marine IPO and Grill Splendour IPO is May 15, 2024, and Apr 18, 2024, respectively.
| | ABS Marine IPO | Grill Splendour IPO |
|---|
| Anchor Bid Date | May 09, 2024 | |
| Issue Open | May 10, 2024 | Apr 15, 2024 |
| Issue Close | May 15, 2024 | Apr 18, 2024 |
| Basis Of Allotment (Tentative) | May 16, 2024 | Apr 19, 2024 |
| Initiation of Refunds (Tentative) | May 17, 2024 | Apr 22, 2024 |
| Credit of Share (Tentative) | May 17, 2024 | Apr 22, 2024 |
| Listing date (Tentative) | May 21, 2024 | Apr 23, 2024 |
| Anchor Lockin End date 1 | Jun 15, 2024 | |
| Anchor Lockin End date 2 | Aug 14, 2024 | |
Financials & KPIs
ABS Marine IPO P/E ratio is 11.23, as compared to Grill Splendour IPO P/E ratio of 23.12.
Shares Offered
In the ABS Marine IPO Retail Individual Investors (RII) are offered 21,49,000 shares while in Grill Splendour IPO retail investors are offered 21,49,000 shares. Qualified Institutional Buyers (QIB) are offered 12,28,000 shares in ABS Marine IPO and in Grill Splendour IPO.
| | ABS Marine IPO | Grill Splendour IPO |
|---|
| Anchor Investor Reservation | 18,41,000 shares | |
| Market Maker Reservation | 4,10,000 shares | 69,600 shares |
| QIB | 12,28,000 shares | |
| NII | 9,22,000 shares | 6,51,600 shares |
| RII | 21,49,000 shares | 6,51,600 shares |
| Total | 61,40,000 shares | 13,03,200 shares |
Bids Received (Subscription)
ABS Marine IPO subscribed 101.13x in total, whereas Grill Splendour IPO subscribed 8.68x.
