Grill Splendour IPO vs Teerth Gopicon IPO

Comparison between Grill Splendour IPO and Teerth Gopicon IPO.

IPO Details

Grill Splendour IPO is a SME Fixed Price IPO proposed to list at NSE SME while Teerth Gopicon IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Grill Splendour IPO is up to ₹15.64 Cr whereas the issue size of the Teerth Gopicon IPO is up to ₹42.17 Cr. The final issue price of Grill Splendour IPO is ₹120.00 per share and of Teerth Gopicon IPO is ₹111.00 per share.

 Grill Splendour IPOTeerth Gopicon IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹120.00 per share₹111.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares1200 shares
Fresh Issue Size13,03,200 shares37,99,200 shares
Fresh Issue Size (Amount)up to ₹15.64 Crup to ₹42.17 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,03,200 shares37,99,200 shares
Issue Size Total (Amount)up to ₹15.64 Crup to ₹42.17 Cr

IPO Timetable

Grill Splendour IPO opens on Apr 15, 2024, while Teerth Gopicon IPO opens on Apr 08, 2024. The closing date of Grill Splendour IPO and Teerth Gopicon IPO is Apr 18, 2024, and Apr 10, 2024, respectively.

 Grill Splendour IPOTeerth Gopicon IPO
Issue OpenApr 15, 2024Apr 08, 2024
Issue CloseApr 18, 2024Apr 10, 2024
Basis Of Allotment (Tentative)Apr 19, 2024Apr 12, 2024
Initiation of Refunds (Tentative)Apr 22, 2024Apr 15, 2024
Credit of Share (Tentative)Apr 22, 2024Apr 15, 2024
Listing date (Tentative)Apr 23, 2024Apr 16, 2024

Financials & KPIs

Grill Splendour IPO P/E ratio is 23.12, as compared to Teerth Gopicon IPO P/E ratio of 49.55.

 Grill Splendour IPOTeerth Gopicon IPO
Financials

Company Financials (Restated)

Period Ended30 Nov 202331 Mar 202331 Mar 202231 Mar 2021
Assets22.127.642.912.66
Total Income8.8615.3211.528.25
Profit After Tax0.621.990.03-0.04
NET Worth4.952.010.02-0.02
Reserves and Surplus1.112.000.01-0.03
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets137.2047.4342.7731.15
Total Income69.7039.1531.2146.21
Profit After Tax7.841.790.150.46
NET Worth15.737.896.095.94
Reserves and Surplus7.732.891.090.94
Total Borrowing9.373.3813.669.34
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)49.75%96.5%
Promoter Shareholding (Post-Issue)36.64%64.33%
P/E Ratio23.1249.55
Market Cap₹62.50 Cr.₹133.20 Cr.
ROE66.40
ROCE48.40
Debt/Equity1.500.60
EPS₹5.19₹2.24
RoNW12.4622.72

Shares Offered

In the Grill Splendour IPO Retail Individual Investors (RII) are offered 6,51,600 shares while in Teerth Gopicon IPO retail investors are offered 6,51,600 shares. Qualified Institutional Buyers (QIB) are offered in Grill Splendour IPO and in Teerth Gopicon IPO.

 Grill Splendour IPOTeerth Gopicon IPO
Market Maker Reservation69,600 shares2,00,400 shares
NII6,51,600 shares18,99,600 shares
RII6,51,600 shares18,99,600 shares
Total13,03,200 shares37,99,200 shares

Bids Received (Subscription)

Grill Splendour IPO subscribed 8.68x in total, whereas Teerth Gopicon IPO subscribed 70.73x.

 Grill Splendour IPOTeerth Gopicon IPO
NII (times)4.59x97.12x
RII (times)12.78x44.33x
Total (times)8.68x70.73x

Compare with others

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Grill Splendour IPO Vs Teerth Gopicon IPO