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Gajanand International IPO vs Shubhshree Biofuels Energy IPO

Comparison between Gajanand International IPO and Shubhshree Biofuels Energy IPO.

IPO Details

Gajanand International IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shubhshree Biofuels Energy IPO is a SME Bookbuilding proposed to list at NSE SME.

 Gajanand International IPOShubhshree Biofuels Energy IPO
LogoGajanand International IPO LogoShubhshree Biofuels Energy IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersFast Track Finsec Pvt.Ltd.Hem Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Gajanand International IPO is up to ₹19.61 Cr whereas the issue size of the Shubhshree Biofuels Energy IPO is up to ₹15.71 Cr. The final issue price of Gajanand International IPO is ₹36.00 per share and of Shubhshree Biofuels Energy IPO is ₹119.00 per share.

 Gajanand International IPOShubhshree Biofuels Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹113.00 per share
Issue Price (Upper)₹119.00 per share
Issue Price (Final)₹36.00 per share₹119.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1200 shares
Fresh Issue Size54,48,000 shares13,20,000 shares
Fresh Issue Size (Amount)up to ₹19.61 Crup to ₹15.71 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total54,48,000 shares13,20,000 shares
Issue Size Total (Amount)up to ₹19.61 Crup to ₹15.71 Cr

IPO Timetable

Gajanand International IPO opens on Sep 09, 2024, while Shubhshree Biofuels Energy IPO opens on Sep 09, 2024. The closing date of Gajanand International IPO and Shubhshree Biofuels Energy IPO is Sep 11, 2024, and Sep 11, 2024, respectively.

 Gajanand International IPOShubhshree Biofuels Energy IPO
Anchor Bid DateSep 06, 2024
Issue OpenSep 09, 2024Sep 09, 2024
Issue CloseSep 11, 2024Sep 11, 2024
Basis Of Allotment (Tentative)Sep 12, 2024Sep 12, 2024
Initiation of Refunds (Tentative)Sep 13, 2024Sep 13, 2024
Credit of Share (Tentative)Sep 13, 2024Sep 13, 2024
Listing date (Tentative)Sep 16, 2024Sep 16, 2024
Anchor Lockin End date 1Oct 12, 2024
Anchor Lockin End date 2Dec 11, 2024

Financials & KPIs

Gajanand International IPO P/E ratio is 21.08, as compared to Shubhshree Biofuels Energy IPO P/E ratio of 13.89.

 Gajanand International IPOShubhshree Biofuels Energy IPO
Financials

Gajanand International Limited Financial Information (Restated)

Gajanand International Limited's revenue increased by 48% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,931.11,900.581,944.36
Total Income10,874.817,342.46,176.21
Profit After Tax223.73141.062.85
Net Worth1,771.36547.62406.57
Reserves and Surplus461.4505.75364.7
Total Borrowing1,207.071,179.481,465.28
Amount in ₹ Lakhs

Shubhshree Biofuels Energy Limited Financial Information (Restated)

Shubhshree Biofuels Energy Limited's revenue increased by 59% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,396.84593.12185.61
Total Income9,488.325,971.24791.83
Profit After Tax329.77242.3827.46
Net Worth711.27256.514.12
Reserves and Surplus326.27255.513.12
Total Borrowing60.6691.0648.82
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)90.50100.00
Promoter Shareholding (Post-Issue)62.3473.45
P/E Ratio21.0813.89
Market Cap₹67.81 Cr.₹62.38 Cr.
ROE19.30%68.15%
ROCE29.72%61.67%
Debt/Equity0.680.09
EPS₹1.71₹8.57
RoNW19.30%46.36%

Shares Offered

In the Gajanand International IPO Retail Individual Investors (RII) are offered 27,24,000 shares while in Shubhshree Biofuels Energy IPO retail investors are offered 27,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Gajanand International IPO and 2,64,000 shares in Shubhshree Biofuels Energy IPO.

 Gajanand International IPOShubhshree Biofuels Energy IPO
Anchor Investor Reserveration3,93,600 shares
Market Maker Reserveration2,88,000 shares72,000 shares
QIB2,64,000 shares
NII27,24,000 shares1,99,200 shares
RII27,24,000 shares4,63,200 shares
Employee
Others
Total54,48,000 shares13,20,000 shares

Bids Received (Subscription)

Gajanand International IPO subscribed 15.27x in total, whereas Shubhshree Biofuels Energy IPO subscribed 132.89x.

 Gajanand International IPOShubhshree Biofuels Energy IPO
QIB (times)31.32x
NII (times)5.79x245.74x
Big NII (times)
Small NII (times)
RII (times)24.18x135.65x
Employee (times)
Other (times)
Total (times)15.27x132.89x