Gensol Engineering IPO vs Parshva Enterprises IPO

Comparison between Gensol Engineering IPO and Parshva Enterprises IPO.

IPO Details

Gensol Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Parshva Enterprises IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Gensol Engineering IPO is up to ₹17.02 Cr whereas the issue size of the Parshva Enterprises IPO is up to ₹3.46 Cr. The final issue price of Gensol Engineering IPO is ₹83.00 per share and of Parshva Enterprises IPO is ₹45.00 per share.

 Gensol Engineering IPOParshva Enterprises 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)₹83.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size20,51,200 shares7,68,000 shares
Fresh Issue Size (Amount)up to ₹17.02 Crup to ₹3.46 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,51,200 shares7,68,000 shares
Issue Size Total (Amount)up to ₹17.02 Crup to ₹3.46 Cr

IPO Timetable

Gensol Engineering IPO opens on Sep 30, 2019, while Parshva Enterprises IPO opens on Jun 19, 2019. The closing date of Gensol Engineering IPO and Parshva Enterprises IPO is Oct 04, 2019, and Jun 21, 2019, respectively.

 Gensol Engineering IPOParshva Enterprises IPO
Issue OpenSep 30, 2019Jun 19, 2019
Issue CloseOct 04, 2019Jun 21, 2019
Basis Of Allotment (Tentative)Oct 10, 2019Jun 27, 2019
Initiation of Refunds (Tentative)Oct 11, 2019Jun 28, 2019
Credit of Share (Tentative)Oct 14, 2019Jun 28, 2019
Listing date (Tentative)Oct 15, 2019Jul 01, 2019

Financials & KPIs

Gensol Engineering IPO P/E ratio is , as compared to Parshva Enterprises IPO P/E ratio of .

 Gensol Engineering IPOParshva Enterprises IPO
Financials

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

Company Financials (Restated)

Period Ended31 Mar 201931 Mar 2018
Assets3.582.05
Total Income7.134.77
Profit After Tax0.300.04
EBITDA0.450.08
NET Worth3.202.01
Reserves and Surplus1.040.04
Total Borrowing0.230.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96%100%
Promoter Shareholding (Post-Issue)70.72%73.09%
Market Cap₹68.08 Cr.₹13.55 Cr.

Shares Offered

In the Gensol Engineering IPO Retail Individual Investors (RII) are offered 10,25,600 shares while in Parshva Enterprises IPO retail investors are offered 10,25,600 shares. Qualified Institutional Buyers (QIB) are offered in Gensol Engineering IPO and in Parshva Enterprises IPO.

 Gensol Engineering IPOParshva Enterprises IPO
Market Maker Reservation1,08,800 shares42,000 shares
NII10,25,600 shares3,84,000 shares
RII10,25,600 shares3,84,000 shares
Total20,51,200 shares7,68,000 shares

Bids Received (Subscription)

Gensol Engineering IPO subscribed 1.32x in total, whereas Parshva Enterprises IPO subscribed 1.20x.

 Gensol Engineering IPOParshva Enterprises IPO
NII (times)2.27x1.65x
RII (times)0.37x0.74x
Total (times)1.32x1.20x

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Gensol Engineering IPO Vs Parshva Enterprises IPO