Comparison between India Finsec IPO and GCM Commodity IPO.
India Finsec IPO is a SME Fixed Price IPO proposed to list at BSE SME while GCM Commodity IPO is a SME Fixed Price proposed to list at BSE SME.
| India Finsec IPO | GCM Commodity IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | Bindal Equities 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 India Finsec IPO is up to ₹5.00 Cr whereas the issue size of the GCM Commodity IPO is up to ₹6.65 Cr. The final issue price of India Finsec IPO is ₹10.00 per share and of GCM Commodity IPO is ₹20.00 per share.
| India Finsec IPO | GCM Commodity IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 6000 shares |
| Fresh Issue Size | 50,00,000 shares | 33,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.00 Cr | up to ₹6.65 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 | 50,00,000 shares | 33,24,000 shares |
| Issue Size Total (Amount) | up to ₹5.00 Cr | up to ₹6.65 Cr |
India Finsec IPO opens on May 24, 2013, while GCM Commodity IPO opens on Aug 01, 2013. The closing date of India Finsec IPO and GCM Commodity IPO is May 28, 2013, and Aug 05, 2013, respectively.
| India Finsec IPO | GCM Commodity IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 24, 2013 | Aug 01, 2013 |
| Issue Close | May 28, 2013 | Aug 05, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jun 11, 2013 | Apr 05, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
India Finsec IPO P/E ratio is , as compared to GCM Commodity IPO P/E ratio of .
| India Finsec IPO | GCM Commodity IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 46.88 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 35.76 | 52.74 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹19.44 Cr. | ₹14.85 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.25 | 1.36 |
In the India Finsec IPO Retail Individual Investors (RII) are offered 25,00,000 shares while in GCM Commodity IPO retail investors are offered 25,00,000 shares. Qualified Institutional Buyers (QIB) are offered in India Finsec IPO and in GCM Commodity IPO.
| India Finsec IPO | GCM Commodity IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,50,000 shares | 1,86,000 shares |
| QIB | ||
| NII | 25,00,000 shares | 16,62,000 shares |
| RII | 25,00,000 shares | 16,62,000 shares |
| Employee | ||
| Others | ||
| Total | 50,00,000 shares | 33,24,000 shares |
India Finsec IPO subscribed 1.40x in total, whereas GCM Commodity IPO subscribed 1.50x.
| India Finsec IPO | GCM Commodity IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.65x | 1.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.15x | 1.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.40x | 1.50x |
