ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Global Education IPO vs Steel City Securities IPO

Comparison between Global Education IPO and Steel City Securities IPO.

IPO Details

Global Education IPO is a SME Fixed Price IPO proposed to list at NSE SME while Steel City Securities IPO is a SME Fixed Price proposed to list at NSE SME.

 Global Education IPOSteel City Securities IPO
LogoGlobal Education IPO LogoSteel City Securities IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Keynote Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Keynote Capitals Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Global Education IPO is up to ₹9.72 Cr whereas the issue size of the Steel City Securities IPO is up to ₹25.64 Cr. The final issue price of Global Education IPO is ₹150.00 per share and of Steel City Securities IPO is ₹55.00 per share.

 Global Education IPOSteel City Securities 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₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares2000 shares
Fresh Issue Size6,48,000 shares24,80,183 shares
Fresh Issue Size (Amount)up to ₹9.72 Crup to ₹13.64 Cr
OFS Issue Size0 shares21,81,817 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹12.00 Cr
Issue Size Total6,48,000 shares46,62,000 shares
Issue Size Total (Amount)up to ₹9.72 Crup to ₹25.64 Cr

IPO Timetable

Global Education IPO opens on Feb 16, 2017, while Steel City Securities IPO opens on Feb 06, 2017. The closing date of Global Education IPO and Steel City Securities IPO is Feb 21, 2017, and Feb 09, 2017, respectively.

 Global Education IPOSteel City Securities IPO
Issue OpenFeb 16, 2017Feb 06, 2017
Issue CloseFeb 21, 2017Feb 09, 2017
Basis Of Allotment (Tentative)Feb 27, 2017Feb 14, 2017
Listing date (Tentative)Mar 02, 2017Feb 17, 2017

Financials & KPIs

Global Education IPO P/E ratio is , as compared to Steel City Securities IPO P/E ratio of .

 Global Education IPOSteel City Securities 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
Assets88.1975.7785.7372.18
Total Income16.2626.6631.6421.67
Profit After Tax2.653.936.573.29
NET Worth51.3648.6546.5345.20
Reserves and Surplus38.9836.2734.1532.82
Total Borrowing4.744.8017.643.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%69.56%
Promoter Shareholding (Post-Issue)72.49%42.58%
Market Cap₹37.25 Cr.₹83.09 Cr.

Shares Offered

In the Global Education IPO Retail Individual Investors (RII) are offered 3,24,000 shares while in Steel City Securities 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 Steel City Securities IPO.

 Global Education IPOSteel City Securities IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation35,000 shares2,46,000 shares
QIB0 shares0 shares
NII3,24,000 shares23,31,000 shares
RII3,24,000 shares23,31,000 shares
Employee0 shares0 shares
Total6,48,000 shares46,62,000 shares

Bids Received (Subscription)

Global Education IPO subscribed 85.08x in total, whereas Steel City Securities IPO subscribed 4.82x.

 Global Education IPOSteel City Securities IPO
NII (times)57.23x3.12x
RII (times)112.93x6.51x
Total (times)85.08x4.82x

Compare with others

Global Education IPOSteel City Securities IPO
Sanginita Chemicals IPORMC Switchgears IPO
Akash Infra-Projects IPOTanvi Foods IPO
RMC Switchgears IPONitiraj Engineers IPO
Tanvi Foods IPOGlobal Education IPO
Nitiraj Engineers IPOKrishana Phoschem IPO
Krishana Phoschem IPOMadhav Copper IPO
Steel City Securities IPOSuper Fine Knitters IPO
Madhav Copper IPOMaheshwari Logistics IPO
Super Fine Knitters IPOProlife Industries IPO
Maheshwari Logistics IPOLibas Designs IPO

Compare:

Global Education IPO Vs Steel City Securities IPO