Comparison between Essex Marine IPO and Virtual Galaxy Infotech IPO.
Essex Marine IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Virtual Galaxy Infotech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Essex Marine IPO | Virtual Galaxy Infotech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Khandwala Securities Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Alacrity Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Essex Marine IPO is up to ₹21.86 Cr whereas the issue size of the Virtual Galaxy Infotech IPO is up to ₹88.52 Cr. The final issue price of Essex Marine IPO is ₹54.00 per share and of Virtual Galaxy Infotech IPO is ₹142.00 per share.
| Essex Marine IPO | Virtual Galaxy Infotech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹135.00 per share | |
| Issue Price (Upper) | ₹142.00 per share | |
| Issue Price (Final) | ₹54.00 per share | ₹142.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 40,48,000 shares | 62,34,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.86 Cr | up to ₹88.52 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 | 40,48,000 shares | 62,34,000 shares |
| Issue Size Total (Amount) | up to ₹21.86 Cr | up to ₹88.52 Cr |
Essex Marine IPO opens on Aug 04, 2025, while Virtual Galaxy Infotech IPO opens on May 09, 2025. The closing date of Essex Marine IPO and Virtual Galaxy Infotech IPO is Aug 06, 2025, and May 14, 2025, respectively.
| Essex Marine IPO | Virtual Galaxy Infotech IPO | |
|---|---|---|
| Anchor Bid Date | May 08, 2025 | |
| Issue Open | Aug 04, 2025 | May 09, 2025 |
| Issue Close | Aug 06, 2025 | May 14, 2025 |
| Basis Of Allotment (Tentative) | Aug 07, 2025 | May 15, 2025 |
| Initiation of Refunds (Tentative) | Aug 08, 2025 | May 16, 2025 |
| Credit of Share (Tentative) | Aug 08, 2025 | May 16, 2025 |
| Listing date (Tentative) | Aug 11, 2025 | May 19, 2025 |
| Anchor Lockin End date 1 | Jun 14, 2025 | |
| Anchor Lockin End date 2 | Aug 13, 2025 |
Essex Marine IPO P/E ratio is 12.73, as compared to Virtual Galaxy Infotech IPO P/E ratio of 15.71.
| Essex Marine IPO | Virtual Galaxy Infotech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Essex Marine Ltd.'s revenue increased by 89% and profit after tax (PAT) rose by 156% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 87.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.08 | 64.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.73 | 15.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹82.41 Cr. | ₹353.13 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.40 | 53.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.87 | 31.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.40 | 0.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.24 | ₹9.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 26.39 | 39.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Essex Marine IPO Retail Individual Investors (RII) are offered 20,24,000 shares while in Virtual Galaxy Infotech IPO retail investors are offered 20,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Essex Marine IPO and 12,44,000 shares in Virtual Galaxy Infotech IPO.
| Essex Marine IPO | Virtual Galaxy Infotech IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,40,000 shares | |
| Market Maker Reservation | 2,14,000 shares | 3,36,000 shares |
| QIB | 0 shares | 12,44,000 shares |
| NII | 20,24,000 shares | 9,50,000 shares |
| RII | 20,24,000 shares | 22,00,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 40,48,000 shares | 62,34,000 shares |
Essex Marine IPO subscribed 2.91x in total, whereas Virtual Galaxy Infotech IPO subscribed 231.45x.
| Essex Marine IPO | Virtual Galaxy Infotech IPO | |
|---|---|---|
| QIB (times) | 129.72x | |
| NII (times) | 0.87x | 590.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.95x | 134.03x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.91x | 231.45x |
