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G G Engineering IPO vs Riddhi Corporate IPO

Comparison between G G Engineering IPO and Riddhi Corporate IPO.

IPO Details

G G Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Riddhi Corporate IPO is a SME Fixed Price proposed to list at BSE SME.

 G G Engineering IPORiddhi Corporate IPO
LogoG G Engineering IPO LogoRiddhi Corporate IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersNavigant Corporate Advisors Ltd.Gretex Corporate Services Ltd.
RegistrarKfin Technologies Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerNaysaa Securities Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of G G Engineering IPO is up to ₹2.11 Cr whereas the issue size of the Riddhi Corporate IPO is up to ₹11.70 Cr. The final issue price of G G Engineering IPO is ₹20.00 per share and of Riddhi Corporate IPO is ₹130.00 per share.

 G G Engineering IPORiddhi Corporate IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹20.00 per share₹130.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares1000 shares
Fresh Issue Size10,56,000 shares9,00,000 shares
Fresh Issue Size (Amount)up to ₹2.11 Crup to ₹11.70 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total10,56,000 shares9,00,000 shares
Issue Size Total (Amount)up to ₹2.11 Crup to ₹11.70 Cr

IPO Timetable

G G Engineering IPO opens on Jun 30, 2017, while Riddhi Corporate IPO opens on Jun 12, 2017. The closing date of G G Engineering IPO and Riddhi Corporate IPO is Jul 07, 2017, and Jun 15, 2017, respectively.

 G G Engineering IPORiddhi Corporate IPO
Anchor Bid Date
Issue OpenJun 30, 2017Jun 12, 2017
Issue CloseJul 07, 2017Jun 15, 2017
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Jul 17, 2017Jun 22, 2017
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

G G Engineering IPO P/E ratio is , as compared to Riddhi Corporate IPO P/E ratio of 16.

 G G Engineering IPORiddhi Corporate IPO
Financials
Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. Lacs)
31-Dec-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 661.95 571.22 471.92 523.65 333.82 264.57
Total Revenue 598.60 520.23 206.79 212.89 5.42 585.90
Profit After Tax 1.61 13.55 1.39 (1.22) 0.53 57.98
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio16
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the G G Engineering IPO Retail Individual Investors (RII) are offered 5,28,000 shares while in Riddhi Corporate IPO retail investors are offered 5,28,000 shares. Qualified Institutional Buyers (QIB) are offered in G G Engineering IPO and in Riddhi Corporate IPO.

 G G Engineering IPORiddhi Corporate IPO
Anchor Investor Reserveration
Market Maker Reserveration60,000 shares50,000 shares
QIB
NII5,28,000 shares4,50,000 shares
RII5,28,000 shares4,50,000 shares
Employee
Others
Total10,56,000 shares9,00,000 shares

Bids Received (Subscription)

G G Engineering IPO subscribed in total, whereas Riddhi Corporate IPO subscribed .

 G G Engineering IPORiddhi Corporate IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)