Evans Electric IPO vs Gensol Engineering IPO

Comparison between Evans Electric IPO and Gensol Engineering IPO.

IPO Details

Evans Electric IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Gensol Engineering IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Evans Electric IPO is up to ₹1.83 Cr whereas the issue size of the Gensol Engineering IPO is up to ₹17.02 Cr. The final issue price of Evans Electric IPO is ₹52.00 per share and of Gensol Engineering IPO is ₹83.00 per share.

 Evans Electric IPOGensol Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹81.00 per share
Issue Price (Upper)₹83.00 per share
Issue Price (Final)₹52.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1600 shares
Fresh Issue Size3,52,000 shares20,51,200 shares
Fresh Issue Size (Amount)up to ₹1.83 Crup to ₹17.02 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,52,000 shares20,51,200 shares
Issue Size Total (Amount)up to ₹1.83 Crup to ₹17.02 Cr

IPO Timetable

Evans Electric IPO opens on Apr 30, 2019, while Gensol Engineering IPO opens on Sep 30, 2019. The closing date of Evans Electric IPO and Gensol Engineering IPO is May 03, 2019, and Oct 04, 2019, respectively.

 Evans Electric IPOGensol Engineering IPO
Issue OpenApr 30, 2019Sep 30, 2019
Issue CloseMay 03, 2019Oct 04, 2019
Basis Of Allotment (Tentative)May 08, 2019Oct 10, 2019
Initiation of Refunds (Tentative)May 09, 2019Oct 11, 2019
Credit of Share (Tentative)May 10, 2019Oct 14, 2019
Listing date (Tentative)May 13, 2019Oct 15, 2019

Financials & KPIs

Evans Electric IPO P/E ratio is , as compared to Gensol Engineering IPO P/E ratio of .

 Evans Electric IPOGensol Engineering IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 201831 Mar 201831 Mar 201731 Mar 2016
Assets8.738.409.495.60
Total Income4.005.8710.725.12
Profit After Tax0.580.462.370.41
EBITDA1.041.073.760.85
NET Worth7.657.076.674.43
Reserves and Surplus7.156.576.173.93
Total Borrowing0.480.06
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets42.8926.449.97
Total Income83.8569.6462.32
Profit After Tax6.495.341.19
EBITDA10.057.851.82
NET Worth13.046.551.21
Reserves and Surplus7.006.531.20
Total Borrowing8.611.240.39
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)80%96%
Promoter Shareholding (Post-Issue)58.31%70.72%
Market Cap₹7.13 Cr.₹68.08 Cr.

Shares Offered

In the Evans Electric IPO Retail Individual Investors (RII) are offered 1,76,000 shares while in Gensol Engineering IPO retail investors are offered 1,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Evans Electric IPO and in Gensol Engineering IPO.

 Evans Electric IPOGensol Engineering IPO
Market Maker Reservation20,000 shares1,08,800 shares
NII1,76,000 shares10,25,600 shares
RII1,76,000 shares10,25,600 shares
Total3,52,000 shares20,51,200 shares

Bids Received (Subscription)

Evans Electric IPO subscribed 1.59x in total, whereas Gensol Engineering IPO subscribed 1.32x.

 Evans Electric IPOGensol Engineering IPO
NII (times)2.62x2.27x
RII (times)0.56x0.37x
Total (times)1.59x1.32x

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Evans Electric IPO Vs Gensol Engineering IPO