Comparison between Focus Business Solution IPO and Gretex Corporate IPO.
IPO Details
Focus Business Solution IPO is a SME Fixed Price IPO proposed to list at BSE SME while Gretex Corporate IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Focus Business Solution IPO is up to ₹1.14 Cr whereas the issue size of the Gretex Corporate IPO is up to ₹4.87 Cr. The final issue price of Focus Business Solution IPO is ₹19.00 per share and of Gretex Corporate IPO is ₹170.00 per share.
IPO Timetable
Focus Business Solution IPO opens on Jun 30, 2021, while Gretex Corporate IPO opens on Jul 27, 2021. The closing date of Focus Business Solution IPO and Gretex Corporate IPO is Jul 05, 2021, and Jul 30, 2021, respectively.
| | Focus Business Solution IPO | Gretex Corporate IPO |
|---|
| Issue Open | Jun 30, 2021 | Jul 27, 2021 |
| Issue Close | Jul 05, 2021 | Jul 30, 2021 |
| Basis Of Allotment (Tentative) | Jul 08, 2021 | Aug 04, 2021 |
| Initiation of Refunds (Tentative) | Jul 09, 2021 | Aug 05, 2021 |
| Credit of Share (Tentative) | Jul 12, 2021 | Aug 06, 2021 |
| Listing date (Tentative) | Jul 13, 2021 | Aug 09, 2021 |
Financials & KPIs
Focus Business Solution IPO P/E ratio is , as compared to Gretex Corporate IPO P/E ratio of .
Shares Offered
In the Focus Business Solution IPO Retail Individual Investors (RII) are offered 3,00,000 shares while in Gretex Corporate IPO retail investors are offered 3,00,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Focus Business Solution IPO and 0 shares in Gretex Corporate IPO.
| | Focus Business Solution IPO | Gretex Corporate IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 42,000 shares | 15,200 shares |
| QIB | 0 shares | 0 shares |
| NII | 3,00,000 shares | 1,43,200 shares |
| RII | 3,00,000 shares | 1,43,200 shares |
| Employee | 0 shares | 0 shares |
| Total | 6,00,000 shares | 2,86,400 shares |
Bids Received (Subscription)
Focus Business Solution IPO subscribed 6.66x in total, whereas Gretex Corporate IPO subscribed 7.27x.
