Ganesh Green Bharat IPO vs Nephro Care IPO

Comparison between Ganesh Green Bharat IPO and Nephro Care IPO.

IPO Details

Ganesh Green Bharat IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Nephro Care IPO is a SME Bookbuilding proposed to list at NSE SME.

	Ganesh Green Bharat IPO	Nephro Care IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	Corporate Capitalventures Pvt.Ltd.
Registrar	Kfin Technologies Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	SS Corporate Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ganesh Green Bharat IPO is up to ₹118.94 Cr whereas the issue size of the Nephro Care IPO is up to ₹39.18 Cr. The final issue price of Ganesh Green Bharat IPO is ₹190.00 per share and of Nephro Care IPO is ₹90.00 per share.

	Ganesh Green Bharat IPO	Nephro Care IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹181.00 per share	₹85.00 per share
Issue Price (Upper)	₹190.00 per share	₹90.00 per share
Issue Price (Final)	₹190.00 per share	₹90.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)	₹0.00 per share	₹0.00 per share
Market Lot Size	600 shares	1600 shares
Fresh Issue Size	62,59,800 shares	43,53,600 shares
Fresh Issue Size (Amount)	up to ₹118.94 Cr	up to ₹39.18 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	62,59,800 shares	43,53,600 shares
Issue Size Total (Amount)	up to ₹118.94 Cr	up to ₹39.18 Cr

IPO Timetable

Ganesh Green Bharat IPO opens on Jul 05, 2024, while Nephro Care IPO opens on Jun 28, 2024. The closing date of Ganesh Green Bharat IPO and Nephro Care IPO is Jul 09, 2024, and Jul 02, 2024, respectively.

	Ganesh Green Bharat IPO	Nephro Care IPO
Anchor Bid Date	Jul 04, 2024	Jun 27, 2024
Issue Open	Jul 05, 2024	Jun 28, 2024
Issue Close	Jul 09, 2024	Jul 02, 2024
Basis Of Allotment (Tentative)	Jul 10, 2024	Jul 03, 2024
Initiation of Refunds (Tentative)	Jul 11, 2024	Jul 04, 2024
Credit of Share (Tentative)	Jul 11, 2024	Jul 04, 2024
Listing date (Tentative)	Jul 12, 2024	Jul 05, 2024
Anchor Lockin End date 1	Aug 09, 2024	Aug 02, 2024
Anchor Lockin End date 2	Oct 08, 2024	Oct 01, 2024

Financials & KPIs

Ganesh Green Bharat IPO P/E ratio is 15.85, as compared to Nephro Care IPO P/E ratio of 55.15.

Ganesh Green Bharat IPO

Nephro Care IPO

Financials

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 Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	15,029.82	8,786.05	8,835.50
Total Income	17,196.48	9,059.53	10,612.10
Profit After Tax	2,183.02	815.57	520.75
Net Worth	5,727.64	2,707.34	2,707.34
Reserves and Surplus	3,906.64	3,402.91	2,587.34
Total Borrowing	5,370.17	2,738.89	2,247.06
Amount in ₹ Lakhs

Nephro Care India Limited Financial Information (Restated)

Nephro Care India Limited's revenue increased by 398.84% and profit after tax (PAT) rose by 19920.41% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,029.85	831.11	462.93	112.84
Total Income	1,989.60	1,709.51	342.70	183.26
Profit After Tax	340.04	194.24	-0.98	8.87
Net Worth	1,392.32	243.76	49.52	1.50
Reserves and Surplus	1,332.81	193.76	-0.48	0.50
Total Borrowing		246.39	253.74	69.27
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

85.02

Promoter Shareholding (Post-Issue)

73.42

61.39

P/E Ratio

15.85

55.15

Market Cap

₹509.22 Cr.

₹148.38 Cr.

ROE

46.42%

41.57%

ROCE

29.98%

36.56%

Debt/Equity

0.94

EPS

₹11.99

₹1.63

RoNW

34.72%

24.42%

Shares Offered

In the Ganesh Green Bharat IPO Retail Individual Investors (RII) are offered 21,68,400 shares while in Nephro Care IPO retail investors are offered 21,68,400 shares. Qualified Institutional Buyers (QIB) are offered 12,38,400 shares in Ganesh Green Bharat IPO and 8,25,600 shares in Nephro Care IPO.

	Ganesh Green Bharat IPO	Nephro Care IPO
Anchor Investor Reserveration	18,57,600 shares	12,38,400 shares
Market Maker Reserveration	3,31,200 shares	2,30,400 shares
QIB	12,38,400 shares	8,25,600 shares
NII	9,29,400 shares	6,19,200 shares
RII	21,68,400 shares	14,44,800 shares
Employee	66,000 shares	2,25,600 shares
Others
Total	62,59,800 shares	43,53,600 shares

Bids Received (Subscription)

Ganesh Green Bharat IPO subscribed 229.92x in total, whereas Nephro Care IPO subscribed 715.78x.

	Ganesh Green Bharat IPO	Nephro Care IPO
QIB (times)	154.50x	245.14x
NII (times)	470.44x	1,787.19x
Big NII (times)
Small NII (times)
RII (times)	176.88x	634.12x
Employee (times)
Other (times)
Total (times)	229.92x	715.78x

Compare with others

Ganesh Green Bharat IPO	Nephro Care IPO
Three M Paper Boards IPO	Sahaj Solar IPO
Prizor Viztech IPO	Aelea Commodities IPO
Sati Poly Plast IPO	Ganesh Green Bharat IPO
Sahaj Solar IPO	Effwa Infra IPO
Aelea Commodities IPO	Ambey Laboratories IPO
Effwa Infra IPO	Diensten Tech IPO
Ambey Laboratories IPO	Visaman Global Sales IPO
Nephro Care IPO	Mason Infratech IPO
Diensten Tech IPO	Petro Carbon IPO
Visaman Global Sales IPO	Sylvan Plyboard IPO