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Effwa Infra IPO vs Ganesh Green Bharat IPO

Comparison between Effwa Infra IPO and Ganesh Green Bharat IPO.

IPO Details

Effwa Infra IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ganesh Green Bharat IPO is a SME Bookbuilding proposed to list at NSE SME.

 Effwa Infra IPOGanesh Green Bharat IPO
LogoEffwa Infra IPO LogoGanesh Green Bharat IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerRikhav Securities Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Effwa Infra IPO is up to ₹48.61 Cr whereas the issue size of the Ganesh Green Bharat IPO is up to ₹118.94 Cr. The final issue price of Effwa Infra IPO is ₹82.00 per share and of Ganesh Green Bharat IPO is ₹190.00 per share.

 Effwa Infra IPOGanesh Green Bharat IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹78.00 per share₹181.00 per share
Issue Price (Upper)₹82.00 per share₹190.00 per share
Issue Price (Final)₹82.00 per share₹190.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1600 shares600 shares
Fresh Issue Size49,92,000 shares62,59,800 shares
Fresh Issue Size (Amount)up to ₹40.93 Crup to ₹118.94 Cr
OFS Issue Size9,36,000 shares0 shares
OFS Issue Size (Amount)up to ₹7.68 Crup to ₹0.00 Cr
Issue Size Total59,28,000 shares62,59,800 shares
Issue Size Total (Amount)up to ₹48.61 Crup to ₹118.94 Cr

IPO Timetable

Effwa Infra IPO opens on Jul 05, 2024, while Ganesh Green Bharat IPO opens on Jul 05, 2024. The closing date of Effwa Infra IPO and Ganesh Green Bharat IPO is Jul 09, 2024, and Jul 09, 2024, respectively.

 Effwa Infra IPOGanesh Green Bharat IPO
Anchor Bid DateJul 04, 2024Jul 04, 2024
Issue OpenJul 05, 2024Jul 05, 2024
Issue CloseJul 09, 2024Jul 09, 2024
Basis Of Allotment (Tentative)Jul 10, 2024Jul 10, 2024
Initiation of Refunds (Tentative)Jul 11, 2024Jul 11, 2024
Credit of Share (Tentative)Jul 11, 2024Jul 11, 2024
Listing date (Tentative)Jul 12, 2024Jul 12, 2024
Anchor Lockin End date 1Aug 09, 2024Aug 09, 2024
Anchor Lockin End date 2Oct 08, 2024Oct 08, 2024

Financials & KPIs

Effwa Infra IPO P/E ratio is 10.59, as compared to Ganesh Green Bharat IPO P/E ratio of 15.85.

 Effwa Infra IPOGanesh Green Bharat IPO
Financials

Effwa Infra & Research Limited Financial Information (Restated)

Effwa Infra & Research Limited's revenue increased by 26.08% and profit after tax (PAT) rose by 169% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets8,302.836,478.544,648.21
Total Income14,551.4611,541.3610,461.67
Profit After Tax1,380.06513.04459.99
Net Worth3,715.052,355.891,842.85
Reserves and Surplus1,932.012,123.321,610.28
Total Borrowing1,406.441,623.011,026.11
Amount in ₹ Lakhs

Ganesh Green Bharat Limited Financial Information (Restated Consolidated)

Ganesh Green Bharat Limited's revenue increased by 89.82% and profit after tax (PAT) rose by 167.67% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets15,029.828,786.058,835.50
Total Income17,196.489,059.5310,612.10
Profit After Tax2,183.02815.57520.75
Net Worth5,727.642,707.342,707.34
Reserves and Surplus3,906.643,402.912,587.34
Total Borrowing5,370.172,738.892,247.06
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.99100
Promoter Shareholding (Post-Issue)72.9973.42
P/E Ratio10.5915.85
Market Cap₹189.81 Cr.₹509.22 Cr.
ROE45.46%46.42%
ROCE40.99%29.98%
Debt/Equity0.380.94
EPS₹7.74₹11.99
RoNW37.15%34.72%

Shares Offered

In the Effwa Infra IPO Retail Individual Investors (RII) are offered 20,91,200 shares while in Ganesh Green Bharat IPO retail investors are offered 20,91,200 shares. Qualified Institutional Buyers (QIB) are offered 11,68,000 shares in Effwa Infra IPO and 12,38,400 shares in Ganesh Green Bharat IPO.

 Effwa Infra IPOGanesh Green Bharat IPO
Anchor Investor Reserveration17,48,800 shares18,57,600 shares
Market Maker Reserveration3,24,800 shares3,31,200 shares
QIB11,68,000 shares12,38,400 shares
NII9,20,000 shares9,29,400 shares
RII20,91,200 shares21,68,400 shares
Employee66,000 shares
Others
Total59,28,000 shares62,59,800 shares

Bids Received (Subscription)

Effwa Infra IPO subscribed 313.65x in total, whereas Ganesh Green Bharat IPO subscribed 229.92x.

 Effwa Infra IPOGanesh Green Bharat IPO
QIB (times)166.56x154.50x
NII (times)477.27x470.44x
Big NII (times)
Small NII (times)
RII (times)323.81x176.88x
Employee (times)
Other (times)
Total (times)313.65x229.92x