Gleam Fabmat IPO vs Kranti Industries IPO

Comparison between Gleam Fabmat IPO and Kranti Industries IPO.

IPO Details

Gleam Fabmat IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kranti Industries IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Gleam Fabmat IPO is up to ₹2.96 Cr whereas the issue size of the Kranti Industries IPO is up to ₹8.15 Cr. The final issue price of Gleam Fabmat IPO is ₹10.00 per share and of Kranti Industries IPO is ₹37.00 per share.

 Gleam Fabmat IPOKranti Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹37.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares3000 shares
Fresh Issue Size29,60,000 shares16,35,000 shares
Fresh Issue Size (Amount)up to ₹2.96 Crup to ₹6.05 Cr
OFS Issue Size0 shares5,67,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.10 Cr
Issue Size Total29,60,000 shares22,02,000 shares
Issue Size Total (Amount)up to ₹2.96 Crup to ₹8.15 Cr

IPO Timetable

Gleam Fabmat IPO opens on Feb 19, 2019, while Kranti Industries IPO opens on Feb 14, 2019. The closing date of Gleam Fabmat IPO and Kranti Industries IPO is Feb 22, 2019, and Feb 20, 2019, respectively.

 Gleam Fabmat IPOKranti Industries IPO
Issue OpenFeb 19, 2019Feb 14, 2019
Issue CloseFeb 22, 2019Feb 20, 2019
Basis Of Allotment (Tentative)Feb 27, 2019Feb 25, 2019
Initiation of Refunds (Tentative)Feb 28, 2019
Credit of Share (Tentative)Mar 01, 2019
Listing date (Tentative)Mar 05, 2019Feb 28, 2019

Financials & KPIs

Gleam Fabmat IPO P/E ratio is , as compared to Kranti Industries IPO P/E ratio of .

 Gleam Fabmat IPOKranti Industries IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 2018
Assets15.20
Total Income10.22
Profit After Tax0.21
EBITDA0.31
NET Worth1.50
Reserves and Surplus0.21
Total Borrowing5.16
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets50.1543.7844.0141.35
Total Income33.2246.1129.2528.84
Profit After Tax1.370.89-0.94-0.21
EBITDA4.665.774.846.13
NET Worth14.4013.0312.1413.07
Reserves and Surplus7.355.985.096.02
Total Borrowing22.2119.1420.1821.21
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%98.93%
Promoter Shareholding (Post-Issue)68.86%72.79%
Market Cap₹10.02 Cr.₹32.57 Cr.

Shares Offered

In the Gleam Fabmat IPO Retail Individual Investors (RII) are offered 14,80,000 shares while in Kranti Industries IPO retail investors are offered 14,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Gleam Fabmat IPO and in Kranti Industries IPO.

 Gleam Fabmat IPOKranti Industries IPO
Market Maker Reservation1,60,000 shares1,17,000 shares
NII14,80,000 shares11,01,000 shares
RII14,80,000 shares11,01,000 shares
Total29,60,000 shares22,02,000 shares

Bids Received (Subscription)

Gleam Fabmat IPO subscribed 1.75x in total, whereas Kranti Industries IPO subscribed 1.29x.

 Gleam Fabmat IPOKranti Industries IPO
NII (times)2.74x1.26x
RII (times)0.76x1.31x
Total (times)1.75x1.29x

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Gleam Fabmat IPO Vs Kranti Industries IPO