Gayatri Rubbers IPO vs Patron Exim IPO

Comparison between Gayatri Rubbers IPO and Patron Exim IPO.

IPO Details

Gayatri Rubbers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Patron Exim IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Gayatri Rubbers IPO is up to ₹4.34 Cr whereas the issue size of the Patron Exim IPO is up to ₹15.83 Cr. The final issue price of Gayatri Rubbers IPO is ₹30.00 per share and of Patron Exim IPO is ₹27.00 per share.

 Gayatri Rubbers IPOPatron Exim IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares4000 shares
Fresh Issue Size14,48,000 shares58,64,000 shares
Fresh Issue Size (Amount)up to ₹4.34 Crup to ₹15.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,48,000 shares58,64,000 shares
Issue Size Total (Amount)up to ₹4.34 Crup to ₹15.83 Cr

IPO Timetable

Gayatri Rubbers IPO opens on Jan 25, 2023, while Patron Exim IPO opens on Feb 21, 2023. The closing date of Gayatri Rubbers IPO and Patron Exim IPO is Jan 30, 2023, and Feb 24, 2023, respectively.

 Gayatri Rubbers IPOPatron Exim IPO
Issue OpenJan 25, 2023Feb 21, 2023
Issue CloseJan 30, 2023Feb 24, 2023
Basis Of Allotment (Tentative)Feb 02, 2023Mar 01, 2023
Initiation of Refunds (Tentative)Feb 03, 2023Mar 02, 2023
Credit of Share (Tentative)Feb 06, 2023Mar 03, 2023
Listing date (Tentative)Feb 07, 2023Mar 06, 2023

Financials & KPIs

Gayatri Rubbers IPO P/E ratio is 23.62, as compared to Patron Exim IPO P/E ratio of 28.72.

 Gayatri Rubbers IPOPatron Exim IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202214 Apr 202231 Mar 202231 Mar 202131 Mar 2020
Assets8.985.734.985.575.98
Total Income16.651.2116.7415.636.57
Profit After Tax0.550.310.810.150.07
NET Worth4.621.851.551.720.24
Reserves and Surplus0.411.341.030.220.08
Total Borrowing0.792.632.630.000.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 202231 Mar 202231 Mar 202131 Mar 2020
Assets24.4814.658.1116.34
Total Income10.545.0220.5425.16
Profit After Tax1.450.830.070.02
NET Worth16.265.142.702.59
Reserves and Surplus0.000.000.000.00
Total Borrowing6.180.002.371.37
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%97.06%
Promoter Shareholding (Post-Issue)73.37%71.18%
P/E Ratio23.6228.72
Market Cap₹17.21 Cr.₹62.59 Cr.
ROE49.56
ROCE40.08
Debt/Equity1.69
EPS₹15.58₹1.62
RoNW52.1316.15

Shares Offered

In the Gayatri Rubbers IPO Retail Individual Investors (RII) are offered 7,24,000 shares while in Patron Exim IPO retail investors are offered 7,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Gayatri Rubbers IPO and in Patron Exim IPO.

 Gayatri Rubbers IPOPatron Exim IPO
Market Maker Reservation80,000 shares3,16,000 shares
NII7,24,000 shares29,32,000 shares
RII7,24,000 shares29,32,000 shares
Total14,48,000 shares58,64,000 shares

Bids Received (Subscription)

Gayatri Rubbers IPO subscribed 37.94x in total, whereas Patron Exim IPO subscribed 1.07x.

 Gayatri Rubbers IPOPatron Exim IPO
NII (times)33.65x0.97x
RII (times)42.23x1.17x
Total (times)37.94x1.07x

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