Comparison between Grill Splendour IPO and Greenhitech Ventures IPO.
Grill Splendour IPO is a SME Fixed Price IPO proposed to list at NSE SME while Greenhitech Ventures IPO is a SME Fixed Price proposed to list at BSE SME.
| Grill Splendour IPO | Greenhitech Ventures IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Grill Splendour IPO is up to ₹15.64 Cr whereas the issue size of the Greenhitech Ventures IPO is up to ₹5.97 Cr. The final issue price of Grill Splendour IPO is ₹120.00 per share and of Greenhitech Ventures IPO is ₹50.00 per share.
| Grill Splendour IPO | Greenhitech Ventures IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹120.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 13,03,200 shares | 11,94,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.64 Cr | up to ₹5.97 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 13,03,200 shares | 11,94,000 shares |
| Issue Size Total (Amount) | up to ₹15.64 Cr | up to ₹5.97 Cr |
Grill Splendour IPO opens on Apr 15, 2024, while Greenhitech Ventures IPO opens on Apr 12, 2024. The closing date of Grill Splendour IPO and Greenhitech Ventures IPO is Apr 18, 2024, and Apr 16, 2024, respectively.
| Grill Splendour IPO | Greenhitech Ventures IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 15, 2024 | Apr 12, 2024 |
| Issue Close | Apr 18, 2024 | Apr 16, 2024 |
| Basis Of Allotment (Tentative) | Apr 19, 2024 | Apr 18, 2024 |
| Initiation of Refunds (Tentative) | Apr 22, 2024 | Apr 19, 2024 |
| Credit of Share (Tentative) | Apr 22, 2024 | Apr 19, 2024 |
| Listing date (Tentative) | Apr 23, 2024 | Apr 22, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Grill Splendour IPO P/E ratio is 23.12, as compared to Greenhitech Ventures IPO P/E ratio of 30.05.
| Grill Splendour IPO | Greenhitech Ventures IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 49.75 | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 36.64 | 73.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.12 | 30.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹62.50 Cr. | ₹23.50 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 8.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.50 | 0.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.19 | ₹1.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.46% | 7.80% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Grill Splendour IPO Retail Individual Investors (RII) are offered 6,51,600 shares while in Greenhitech Ventures IPO retail investors are offered 6,51,600 shares. Qualified Institutional Buyers (QIB) are offered in Grill Splendour IPO and in Greenhitech Ventures IPO.
| Grill Splendour IPO | Greenhitech Ventures IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 69,600 shares | 66,000 shares |
| QIB | ||
| NII | 6,51,600 shares | 5,97,000 shares |
| RII | 6,51,600 shares | 5,97,000 shares |
| Employee | ||
| Others | ||
| Total | 13,03,200 shares | 11,94,000 shares |
Grill Splendour IPO subscribed 8.68x in total, whereas Greenhitech Ventures IPO subscribed 769.95x.
| Grill Splendour IPO | Greenhitech Ventures IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.59x | 921.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.78x | 597.41x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.68x | 769.95x |
