Comparison between Getalong Enterprise IPO and Promax Power IPO.
IPO Details
Getalong Enterprise IPO is a SME Fixed Price IPO proposed to list at BSE SME while Promax Power IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Getalong Enterprise IPO is up to ₹4.91 Cr whereas the issue size of the Promax Power IPO is up to ₹1.52 Cr. The final issue price of Getalong Enterprise IPO is ₹69.00 per share and of Promax Power IPO is ₹10.00 per share.
IPO Timetable
Getalong Enterprise IPO opens on Sep 27, 2021, while Promax Power IPO opens on Sep 30, 2021. The closing date of Getalong Enterprise IPO and Promax Power IPO is Sep 30, 2021, and Oct 04, 2021, respectively.
| | Getalong Enterprise IPO | Promax Power IPO |
|---|
| Issue Open | Sep 27, 2021 | Sep 30, 2021 |
| Issue Close | Sep 30, 2021 | Oct 04, 2021 |
| Basis Of Allotment (Tentative) | Oct 05, 2021 | Oct 07, 2021 |
| Initiation of Refunds (Tentative) | Oct 06, 2021 | Oct 08, 2021 |
| Credit of Share (Tentative) | Oct 07, 2021 | Oct 11, 2021 |
| Listing date (Tentative) | Oct 08, 2021 | Oct 12, 2021 |
Financials & KPIs
Getalong Enterprise IPO P/E ratio is , as compared to Promax Power IPO P/E ratio of .
Shares Offered
In the Getalong Enterprise IPO Retail Individual Investors (RII) are offered 3,56,000 shares while in Promax Power IPO retail investors are offered 3,56,000 shares. Qualified Institutional Buyers (QIB) are offered in Getalong Enterprise IPO and in Promax Power IPO.
| | Getalong Enterprise IPO | Promax Power IPO |
|---|
| Market Maker Reservation | 38,000 shares | 80,000 shares |
| NII | 3,56,000 shares | 7,60,000 shares |
| RII | 3,56,000 shares | 7,60,000 shares |
| Total | 7,12,000 shares | 15,20,000 shares |
Bids Received (Subscription)
Getalong Enterprise IPO subscribed 2.09x in total, whereas Promax Power IPO subscribed 6.89x.
