Comparison between Gayatri Rubbers IPO and Indong Tea IPO.
Gayatri Rubbers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Indong Tea IPO is a SME Fixed Price proposed to list at BSE SME.
| Gayatri Rubbers IPO | Indong Tea IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Khambatta Securities Ltd. | Finshore Management Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Khambatta Securities Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Gayatri Rubbers IPO is up to ₹4.34 Cr whereas the issue size of the Indong Tea IPO is up to ₹12.36 Cr. The final issue price of Gayatri Rubbers IPO is ₹30.00 per share and of Indong Tea IPO is ₹26.00 per share.
| Gayatri Rubbers IPO | Indong Tea IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹30.00 per share | ₹26.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 4000 shares |
| Fresh Issue Size | 14,48,000 shares | 47,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.34 Cr | up to ₹12.36 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 | 14,48,000 shares | 47,52,000 shares |
| Issue Size Total (Amount) | up to ₹4.34 Cr | up to ₹12.36 Cr |
Gayatri Rubbers IPO opens on Jan 25, 2023, while Indong Tea IPO opens on Feb 09, 2023. The closing date of Gayatri Rubbers IPO and Indong Tea IPO is Jan 30, 2023, and Feb 13, 2023, respectively.
| Gayatri Rubbers IPO | Indong Tea IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 25, 2023 | Feb 09, 2023 |
| Issue Close | Jan 30, 2023 | Feb 13, 2023 |
| Basis Of Allotment (Tentative) | Feb 02, 2023 | Feb 16, 2023 |
| Initiation of Refunds (Tentative) | Feb 03, 2023 | Feb 17, 2023 |
| Credit of Share (Tentative) | Feb 06, 2023 | Feb 20, 2023 |
| Listing date (Tentative) | Feb 07, 2023 | Feb 21, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gayatri Rubbers IPO P/E ratio is 23.62, as compared to Indong Tea IPO P/E ratio of 9.52.
| Gayatri Rubbers IPO | Indong Tea IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 96.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.37 | 64.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.62 | 9.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17.21 Cr. | ₹39.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 40.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹15.58 | ₹2.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.13 | 15.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gayatri Rubbers IPO Retail Individual Investors (RII) are offered 7,24,000 shares while in Indong Tea IPO retail investors are offered 7,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Gayatri Rubbers IPO and in Indong Tea IPO.
| Gayatri Rubbers IPO | Indong Tea IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 80,000 shares | 5,04,000 shares |
| QIB | ||
| NII | 7,24,000 shares | 23,76,000 shares |
| RII | 7,24,000 shares | 23,76,000 shares |
| Employee | ||
| Others | ||
| Total | 14,48,000 shares | 47,52,000 shares |
Gayatri Rubbers IPO subscribed 37.94x in total, whereas Indong Tea IPO subscribed 4.97x.
| Gayatri Rubbers IPO | Indong Tea IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 33.65x | 2.17x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 42.23x | 7.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 37.94x | 4.97x |
