Comparison between GConnect Logitech IPO and Vruddhi Engineering Works IPO.
IPO Details
GConnect Logitech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vruddhi Engineering Works IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of GConnect Logitech IPO is up to ₹5.30 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.51 Cr. The final issue price of GConnect Logitech IPO is ₹40.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.
IPO Timetable
GConnect Logitech IPO opens on Mar 26, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of GConnect Logitech IPO and Vruddhi Engineering Works IPO is Mar 28, 2024, and Mar 28, 2024, respectively.
| | GConnect Logitech IPO | Vruddhi Engineering Works IPO |
|---|
| Issue Open | Mar 26, 2024 | Mar 26, 2024 |
| Issue Close | Mar 28, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Apr 01, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Apr 02, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Apr 02, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Apr 03, 2024 | Apr 03, 2024 |
Financials & KPIs
GConnect Logitech IPO P/E ratio is 1.5, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.
Shares Offered
In the GConnect Logitech IPO Retail Individual Investors (RII) are offered 6,63,000 shares while in Vruddhi Engineering Works IPO retail investors are offered 6,63,000 shares. Qualified Institutional Buyers (QIB) are offered in GConnect Logitech IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.
| | GConnect Logitech IPO | Vruddhi Engineering Works IPO |
|---|
| Market Maker Reservation | 75,000 shares | 36,000 shares |
| QIB | | 3,20,000 shares |
| NII | 6,63,000 shares | 98,000 shares |
| RII | 6,63,000 shares | 2,26,000 shares |
| Total | 13,26,000 shares | 6,44,000 shares |
Bids Received (Subscription)
GConnect Logitech IPO subscribed 57.32x in total, whereas Vruddhi Engineering Works IPO subscribed 14.16x.
