Comparison between Earthstahl IPO and Gayatri Rubbers IPO.
IPO Details
Earthstahl IPO is a SME Fixed Price IPO proposed to list at BSE SME while Gayatri Rubbers IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Earthstahl IPO is up to ₹12.29 Cr whereas the issue size of the Gayatri Rubbers IPO is up to ₹4.34 Cr. The final issue price of Earthstahl IPO is ₹40.00 per share and of Gayatri Rubbers IPO is ₹30.00 per share.
IPO Timetable
Earthstahl IPO opens on Jan 27, 2023, while Gayatri Rubbers IPO opens on Jan 25, 2023. The closing date of Earthstahl IPO and Gayatri Rubbers IPO is Jan 31, 2023, and Jan 30, 2023, respectively.
| | Earthstahl IPO | Gayatri Rubbers IPO |
|---|
| Anchor Bid Date | | |
| Issue Open | Jan 27, 2023 | Jan 25, 2023 |
| Issue Close | Jan 31, 2023 | Jan 30, 2023 |
| Basis Of Allotment (Tentative) | Feb 03, 2023 | Feb 02, 2023 |
| Initiation of Refunds (Tentative) | Feb 06, 2023 | Feb 03, 2023 |
| Credit of Share (Tentative) | Feb 07, 2023 | Feb 06, 2023 |
| Listing date (Tentative) | Feb 08, 2023 | Feb 07, 2023 |
| Anchor Lockin End date 1 | | |
| Anchor Lockin End date 2 | | |
Financials & KPIs
Earthstahl IPO P/E ratio is 4.22, as compared to Gayatri Rubbers IPO P/E ratio of 23.62.
Shares Offered
In the Earthstahl IPO Retail Individual Investors (RII) are offered 10,77,000 shares while in Gayatri Rubbers IPO retail investors are offered 10,77,000 shares. Qualified Institutional Buyers (QIB) are offered 9,18,000 shares in Earthstahl IPO and in Gayatri Rubbers IPO.
| | Earthstahl IPO | Gayatri Rubbers IPO |
|---|
| Anchor Investor Reservation | | |
| Market Maker Reservation | 1,68,000 shares | 80,000 shares |
| QIB | 9,18,000 shares | |
| NII | 10,77,000 shares | 7,24,000 shares |
| RII | 10,77,000 shares | 7,24,000 shares |
| Employee | | |
| Others | | |
| Total | 30,72,000 shares | 14,48,000 shares |
Bids Received (Subscription)
Earthstahl IPO subscribed 235.18x in total, whereas Gayatri Rubbers IPO subscribed 37.94x.
