Comparison between Gian Life Care IPO and HindPrakash Industries IPO.
IPO Details
Gian Life Care IPO is a SME Fixed Price IPO proposed to list at BSE SME while HindPrakash Industries IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Gian Life Care IPO is up to ₹2.96 Cr whereas the issue size of the HindPrakash Industries IPO is up to ₹10.92 Cr. The final issue price of Gian Life Care IPO is ₹22.00 per share and of HindPrakash Industries IPO is ₹40.00 per share.
IPO Timetable
Gian Life Care IPO opens on Dec 31, 2019, while HindPrakash Industries IPO opens on Jan 15, 2020. The closing date of Gian Life Care IPO and HindPrakash Industries IPO is Jan 03, 2020, and Jan 17, 2020, respectively.
| | Gian Life Care IPO | HindPrakash Industries IPO |
|---|
| Issue Open | Dec 31, 2019 | Jan 15, 2020 |
| Issue Close | Jan 03, 2020 | Jan 17, 2020 |
| Basis Of Allotment (Tentative) | Jan 08, 2020 | Jan 22, 2020 |
| Initiation of Refunds (Tentative) | Jan 09, 2020 | Jan 23, 2020 |
| Credit of Share (Tentative) | Jan 10, 2020 | Jan 24, 2020 |
| Listing date (Tentative) | Jan 13, 2020 | Jan 27, 2020 |
Financials & KPIs
Gian Life Care IPO P/E ratio is 21.36, as compared to HindPrakash Industries IPO P/E ratio of 11.7.
Shares Offered
In the Gian Life Care IPO Retail Individual Investors (RII) are offered 6,72,000 shares while in HindPrakash Industries IPO retail investors are offered 6,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Gian Life Care IPO and in HindPrakash Industries IPO.
| | Gian Life Care IPO | HindPrakash Industries IPO |
|---|
| Market Maker Reservation | 72,000 shares | 1,50,000 shares |
| NII | 6,72,000 shares | 13,65,000 shares |
| RII | 6,72,000 shares | 13,65,000 shares |
| Total | 13,44,000 shares | 27,30,000 shares |
Bids Received (Subscription)
Gian Life Care IPO subscribed 1.34x in total, whereas HindPrakash Industries IPO subscribed 2.16x.
