Global Education IPO vs RMC Switchgears IPO

Comparison between Global Education IPO and RMC Switchgears IPO.

IPO Details

Global Education IPO is a SME Fixed Price IPO proposed to list at NSE SME while RMC Switchgears IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Global Education IPO is up to ₹9.72 Cr whereas the issue size of the RMC Switchgears IPO is up to ₹3.89 Cr. The final issue price of Global Education IPO is ₹150.00 per share and of RMC Switchgears IPO is ₹27.00 per share.

 Global Education IPORMC Switchgears IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹140.00 per share
Issue Price (Upper)₹150.00 per share
Issue Price (Final)₹150.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares4000 shares
Fresh Issue Size6,48,000 shares6,72,000 shares
Fresh Issue Size (Amount)up to ₹9.72 Crup to ₹1.81 Cr
OFS Issue Size0 shares7,68,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.07 Cr
Issue Size Total6,48,000 shares14,40,000 shares
Issue Size Total (Amount)up to ₹9.72 Crup to ₹3.89 Cr

IPO Timetable

Global Education IPO opens on Feb 16, 2017, while RMC Switchgears IPO opens on Feb 28, 2017. The closing date of Global Education IPO and RMC Switchgears IPO is Feb 21, 2017, and Mar 03, 2017, respectively.

 Global Education IPORMC Switchgears IPO
Issue OpenFeb 16, 2017Feb 28, 2017
Issue CloseFeb 21, 2017Mar 03, 2017
Basis Of Allotment (Tentative)Feb 27, 2017Mar 08, 2017
Listing date (Tentative)Mar 02, 2017Mar 14, 2017

Financials & KPIs

Global Education IPO P/E ratio is , as compared to RMC Switchgears IPO P/E ratio of .

 Global Education IPORMC Switchgears IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets17.099.893.722.10
Total Income15.8413.494.982.46
Profit After Tax2.842.821.090.96
NET Worth8.115.282.461.37
Reserves and Surplus7.114.282.421.33
Total Borrowing0.921.830.580.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets59.2749.0845.6342.88
Total Income26.1055.8545.7440.87
Profit After Tax0.860.790.240.20
NET Worth10.9510.109.319.09
Reserves and Surplus6.639.028.238.01
Total Borrowing25.8424.0820.2223.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%83.09%
Promoter Shareholding (Post-Issue)72.49%58.16%
Market Cap₹37.25 Cr.₹13.75 Cr.

Shares Offered

In the Global Education IPO Retail Individual Investors (RII) are offered 3,24,000 shares while in RMC Switchgears IPO retail investors are offered 3,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Global Education IPO and 0 shares in RMC Switchgears IPO.

 Global Education IPORMC Switchgears IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation35,000 shares96,000 shares
QIB0 shares0 shares
NII3,24,000 shares7,20,000 shares
RII3,24,000 shares7,20,000 shares
Employee0 shares0 shares
Total6,48,000 shares14,40,000 shares

Bids Received (Subscription)

Global Education IPO subscribed 85.08x in total, whereas RMC Switchgears IPO subscribed 24.85x.

 Global Education IPORMC Switchgears IPO
NII (times)57.23x0.00x
RII (times)112.93x0.00x
Total (times)85.08x24.85x

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Global Education IPO Vs RMC Switchgears IPO