Comparison between Aartech Solonics IPO and Gleam Fabmat IPO.
IPO Details
Aartech Solonics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Gleam Fabmat IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Aartech Solonics IPO is up to ₹6.83 Cr whereas the issue size of the Gleam Fabmat IPO is up to ₹2.96 Cr. The final issue price of Aartech Solonics IPO is ₹34.00 per share and of Gleam Fabmat IPO is ₹10.00 per share.
IPO Timetable
Aartech Solonics IPO opens on Mar 12, 2019, while Gleam Fabmat IPO opens on Feb 19, 2019. The closing date of Aartech Solonics IPO and Gleam Fabmat IPO is Mar 18, 2019, and Feb 22, 2019, respectively.
| | Aartech Solonics IPO | Gleam Fabmat IPO |
|---|
| Issue Open | Mar 12, 2019 | Feb 19, 2019 |
| Issue Close | Mar 18, 2019 | Feb 22, 2019 |
| Basis Of Allotment (Tentative) | Mar 22, 2019 | Feb 27, 2019 |
| Initiation of Refunds (Tentative) | Mar 25, 2019 | Feb 28, 2019 |
| Credit of Share (Tentative) | Mar 25, 2019 | Mar 01, 2019 |
| Listing date (Tentative) | Mar 27, 2019 | Mar 05, 2019 |
Financials & KPIs
Aartech Solonics IPO P/E ratio is , as compared to Gleam Fabmat IPO P/E ratio of .
Shares Offered
In the Aartech Solonics IPO Retail Individual Investors (RII) are offered 10,04,000 shares while in Gleam Fabmat IPO retail investors are offered 10,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Aartech Solonics IPO and in Gleam Fabmat IPO.
| | Aartech Solonics IPO | Gleam Fabmat IPO |
|---|
| Market Maker Reservation | 1,12,000 shares | 1,60,000 shares |
| NII | 10,04,000 shares | 14,80,000 shares |
| RII | 10,04,000 shares | 14,80,000 shares |
| Total | 20,08,000 shares | 29,60,000 shares |
Bids Received (Subscription)
Aartech Solonics IPO subscribed 2.00x in total, whereas Gleam Fabmat IPO subscribed 1.75x.
