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GEM Enviro Management IPO vs GP Eco Solutions IPO

Comparison between GEM Enviro Management IPO and GP Eco Solutions IPO.

IPO Details

GEM Enviro Management IPO is a SME Bookbuilding IPO proposed to list at BSE SME while GP Eco Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.

 GEM Enviro Management IPOGP Eco Solutions IPO
LogoGEM Enviro Management IPO LogoGP Eco Solutions IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersFintellectual Corporate Advisors Pvt.Ltd.Corporate Capitalventures Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShare India Securities Ltd.SS Corporate Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of GEM Enviro Management IPO is up to ₹42.36 Cr whereas the issue size of the GP Eco Solutions IPO is up to ₹27.71 Cr. The final issue price of GEM Enviro Management IPO is ₹75.00 per share and of GP Eco Solutions IPO is ₹94.00 per share.

 GEM Enviro Management IPOGP Eco Solutions IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹71.00 per share₹90.00 per share
Issue Price (Upper)₹75.00 per share₹94.00 per share
Issue Price (Final)₹75.00 per share₹94.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size11,55,200 shares29,48,400 shares
Fresh Issue Size (Amount)up to ₹8.66 Crup to ₹27.71 Cr
OFS Issue Size44,92,800 shares0 shares
OFS Issue Size (Amount)up to ₹33.70 Crup to ₹0.00 Cr
Issue Size Total56,48,000 shares29,48,400 shares
Issue Size Total (Amount)up to ₹42.36 Crup to ₹27.71 Cr

IPO Timetable

GEM Enviro Management IPO opens on Jun 19, 2024, while GP Eco Solutions IPO opens on Jun 14, 2024. The closing date of GEM Enviro Management IPO and GP Eco Solutions IPO is Jun 21, 2024, and Jun 19, 2024, respectively.

 GEM Enviro Management IPOGP Eco Solutions IPO
Anchor Bid DateJun 18, 2024Jun 13, 2024
Issue OpenJun 19, 2024Jun 14, 2024
Issue CloseJun 21, 2024Jun 19, 2024
Basis Of Allotment (Tentative)Jun 24, 2024Jun 20, 2024
Initiation of Refunds (Tentative)Jun 25, 2024Jun 21, 2024
Credit of Share (Tentative)Jun 25, 2024Jun 21, 2024
Listing date (Tentative)Jun 26, 2024Jun 24, 2024
Anchor Lockin End date 1Jul 24, 2024Jul 20, 2024
Anchor Lockin End date 2Sep 22, 2024Sep 18, 2024

Financials & KPIs

GEM Enviro Management IPO P/E ratio is 15.76, as compared to GP Eco Solutions IPO P/E ratio of 21.44.

 GEM Enviro Management IPOGP Eco Solutions IPO
Financials

GEM Enviro Management Limited Financial Information (Restated)

GEM Enviro Management Limited's revenue increased by 30.05% and profit after tax (PAT) rose by 34.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,994.753,574.932,684.521,895.51
Total Income2,639.114,280.573,291.482,560.58
Profit After Tax840.421,001.82745.23583.38
Net Worth3,103.322,411.511,713.571,015.14
Reserves and Surplus2,050.682,380.551,677.57979.14
Total Borrowing2.002.00
Amount in ₹ Lakhs

GP Eco Solutions India Limited Financial Information (Restated)

GP Eco Solutions India Limited's revenue increased by 25.08% and profit after tax (PAT) rose by 33.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,728.754,715.191,904.891,429.81
Total Income7,858.8810,447.638,352.994,652.91
Profit After Tax473.27369.82277.1796.94
Net Worth1,298.08824.81454.98177.81
Reserves and Surplus578.08804.81434.98157.81
Total Borrowing1,544.791,316.52517.55351.37
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0086.4
Promoter Shareholding (Post-Issue)73.4462.23
P/E Ratio15.7621.44
Market Cap₹169.13 Cr.₹110.08 Cr.
ROE30.48%44.59%
ROCE36.55%26.51%
Debt/Equity1.11
EPS₹4.76₹4.38
RoNW30.48%42.70%

Shares Offered

In the GEM Enviro Management IPO Retail Individual Investors (RII) are offered 19,77,600 shares while in GP Eco Solutions IPO retail investors are offered 19,77,600 shares. Qualified Institutional Buyers (QIB) are offered 11,29,600 shares in GEM Enviro Management IPO and 5,89,200 shares in GP Eco Solutions IPO.

 GEM Enviro Management IPOGP Eco Solutions IPO
Anchor Investor Reserveration16,92,800 shares8,83,200 shares
Market Maker Reserveration3,42,400 shares3,27,600 shares
QIB11,29,600 shares5,89,200 shares
NII8,48,000 shares4,44,000 shares
RII19,77,600 shares10,32,000 shares
Employee
Others
Total56,48,000 shares29,48,400 shares

Bids Received (Subscription)

GEM Enviro Management IPO subscribed 265.13x in total, whereas GP Eco Solutions IPO subscribed 856.21x.

 GEM Enviro Management IPOGP Eco Solutions IPO
QIB (times)160.22x236.64x
NII (times)462.89x1,824.87x
Big NII (times)
Small NII (times)
RII (times)240.25x793.20x
Employee (times)
Other (times)
Total (times)265.13x856.21x