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GConnect Logitech IPO vs K2 Infragen IPO

Comparison between GConnect Logitech IPO and K2 Infragen IPO.

IPO Details

GConnect Logitech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while K2 Infragen IPO is a SME Bookbuilding proposed to list at NSE SME.

 GConnect Logitech IPOK2 Infragen IPO
LogoGConnect Logitech IPO LogoK2 Infragen IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersFedex Securities Pvt.Ltd.Expert Global Consultants Pvt.Ltd.
RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of GConnect Logitech IPO is up to ₹5.30 Cr whereas the issue size of the K2 Infragen IPO is up to ₹37.57 Cr. The final issue price of GConnect Logitech IPO is ₹40.00 per share and of K2 Infragen IPO is ₹119.00 per share.

 GConnect Logitech IPOK2 Infragen IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹111.00 per share
Issue Price (Upper)₹119.00 per share
Issue Price (Final)₹40.00 per share₹119.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1200 shares
Fresh Issue Size13,26,000 shares31,57,200 shares
Fresh Issue Size (Amount)up to ₹5.30 Crup to ₹37.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,26,000 shares31,57,200 shares
Issue Size Total (Amount)up to ₹5.30 Crup to ₹37.57 Cr

IPO Timetable

GConnect Logitech IPO opens on Mar 26, 2024, while K2 Infragen IPO opens on Mar 28, 2024. The closing date of GConnect Logitech IPO and K2 Infragen IPO is Mar 28, 2024, and Apr 03, 2024, respectively.

 GConnect Logitech IPOK2 Infragen IPO
Anchor Bid DateMar 27, 2024
Issue OpenMar 26, 2024Mar 28, 2024
Issue CloseMar 28, 2024Apr 03, 2024
Basis Of Allotment (Tentative)Apr 01, 2024Apr 04, 2024
Initiation of Refunds (Tentative)Apr 02, 2024Apr 05, 2024
Credit of Share (Tentative)Apr 02, 2024Apr 05, 2024
Listing date (Tentative)Apr 03, 2024Apr 08, 2024
Anchor Lockin End date 1May 04, 2024
Anchor Lockin End date 2Jul 03, 2024

Financials & KPIs

GConnect Logitech IPO P/E ratio is 1.5, as compared to K2 Infragen IPO P/E ratio of 9.68.

 GConnect Logitech IPOK2 Infragen IPO
Financials

GConnect Logitech and Supply Chain Limited Financial Information (Restated)

Period Ended30 Sep 202331 Mar 2023
Assets423.2582.46
Total Income212.57101.03
Profit After Tax22.8310.86
Net Worth398.1577.51
Reserves and Surplus166.2960.10
Amount in ₹ Lakhs

K2 Infragen Limited Financial Information (Restated Consolidated)

K2 Infragen Limited's revenue increased by 103.25% and profit after tax (PAT) rose by 463.79% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets6,378.795,690.402,591.142,220.52
Total Income5,967.987,490.083,685.203,568.05
Profit After Tax607.451,132.32-311.2622.49
Net Worth2,535.321,392.45133.84115.49
Reserves and Surplus1,611.241,165.10-96.26-46.56
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)76.7655.29
Promoter Shareholding (Post-Issue)47.8540.36
P/E Ratio1.59.68
Market Cap₹14.88 Cr.₹150.16 Cr.
ROE5.73%23.96%
ROCE7.67%19.91%
Debt/Equity0.87
EPS₹26.64₹12.29
RoNW5.73%23.9%

Shares Offered

In the GConnect Logitech IPO Retail Individual Investors (RII) are offered 6,63,000 shares while in K2 Infragen IPO retail investors are offered 6,63,000 shares. Qualified Institutional Buyers (QIB) are offered in GConnect Logitech IPO and 6,31,200 shares in K2 Infragen IPO.

 GConnect Logitech IPOK2 Infragen IPO
Anchor Investor Reserveration9,46,800 shares
Market Maker Reserveration75,000 shares2,49,600 shares
QIB6,31,200 shares
NII6,63,000 shares4,74,000 shares
RII6,63,000 shares11,05,200 shares
Employee
Others
Total13,26,000 shares31,57,200 shares

Bids Received (Subscription)

GConnect Logitech IPO subscribed 57.38x in total, whereas K2 Infragen IPO subscribed 51.47x.

 GConnect Logitech IPOK2 Infragen IPO
QIB (times)23.37x
NII (times)42.90x113.98x
Big NII (times)
Small NII (times)
RII (times)71.74x40.70x
Employee (times)
Other (times)
Total (times)57.38x51.47x