Gleam Fabmat IPO vs Mahip Industries IPO

Comparison between Gleam Fabmat IPO and Mahip Industries IPO.

IPO Details

Gleam Fabmat IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mahip 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 Mahip Industries IPO is up to ₹15.80 Cr. The final issue price of Gleam Fabmat IPO is ₹10.00 per share and of Mahip Industries IPO is ₹32.00 per share.

 Gleam Fabmat IPOMahip Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹32.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares4000 shares
Fresh Issue Size29,60,000 shares49,36,000 shares
Fresh Issue Size (Amount)up to ₹2.96 Crup to ₹15.80 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,60,000 shares49,36,000 shares
Issue Size Total (Amount)up to ₹2.96 Crup to ₹15.80 Cr

IPO Timetable

Gleam Fabmat IPO opens on Feb 19, 2019, while Mahip Industries IPO opens on Feb 26, 2019. The closing date of Gleam Fabmat IPO and Mahip Industries IPO is Feb 22, 2019, and Mar 01, 2019, respectively.

Financials & KPIs

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

 Gleam Fabmat IPOMahip 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 Consolidated)

Period Ended31 Aug 201831 Mar 201831 Mar 201731 Mar 2016
Assets68.8466.3953.3853.81
Total Income64.72140.78107.83104.40
Profit After Tax2.544.291.221.12
NET Worth25.1522.6115.7714.68
Reserves and Surplus11.1015.5814.6713.43
Total Borrowing33.6736.4232.8234.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%89.6%
Promoter Shareholding (Post-Issue)68.86%65.4%
Market Cap₹10.02 Cr.₹61.57 Cr.

Shares Offered

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

 Gleam Fabmat IPOMahip Industries IPO
Market Maker Reservation1,60,000 shares2,60,000 shares
NII14,80,000 shares24,68,000 shares
RII14,80,000 shares24,68,000 shares
Total29,60,000 shares49,36,000 shares

Bids Received (Subscription)

Gleam Fabmat IPO subscribed 1.75x in total, whereas Mahip Industries IPO subscribed 1.54x.

 Gleam Fabmat IPOMahip Industries IPO
NII (times)2.74x1.53x
RII (times)0.76x1.54x
Total (times)1.75x1.54x

Compare with others

Compare:

Gleam Fabmat IPO Vs Mahip Industries IPO