Comparison between Global Education IPO and Tanvi Foods IPO.
Global Education IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tanvi Foods IPO is a SME Fixed Price proposed to list at BSE SME.
| Global Education IPO | Tanvi Foods IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Global Education IPO is up to ₹9.72 Cr whereas the issue size of the Tanvi Foods IPO is up to ₹6.26 Cr. The final issue price of Global Education IPO is ₹150.00 per share and of Tanvi Foods IPO is ₹60.00 per share.
| Global Education IPO | Tanvi Foods IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹150.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 2000 shares |
| Fresh Issue Size | 6,48,000 shares | 6,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.72 Cr | up to ₹3.70 Cr |
| OFS Issue Size | 0 shares | 4,28,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.57 Cr |
| Issue Size Total | 6,48,000 shares | 10,44,000 shares |
| Issue Size Total (Amount) | up to ₹9.72 Cr | up to ₹6.26 Cr |
Global Education IPO opens on Feb 16, 2017, while Tanvi Foods IPO opens on Feb 17, 2017. The closing date of Global Education IPO and Tanvi Foods IPO is Feb 21, 2017, and Feb 22, 2017, respectively.
| Global Education IPO | Tanvi Foods IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 16, 2017 | Feb 17, 2017 |
| Issue Close | Feb 21, 2017 | Feb 22, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 02, 2017 | Mar 02, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Global Education IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .
| Global Education IPO | Tanvi Foods IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹37.25 Cr. | ₹24.70 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Global Education IPO Retail Individual Investors (RII) are offered 3,24,000 shares while in Tanvi Foods IPO retail investors are offered 3,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Global Education IPO and in Tanvi Foods IPO.
| Global Education IPO | Tanvi Foods IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 35,000 shares | 56,000 shares |
| QIB | ||
| NII | 3,24,000 shares | 5,22,000 shares |
| RII | 3,24,000 shares | 5,22,000 shares |
| Employee | ||
| Others | ||
| Total | 6,48,000 shares | 10,44,000 shares |
Global Education IPO subscribed 85.08x in total, whereas Tanvi Foods IPO subscribed 1.62x.
| Global Education IPO | Tanvi Foods IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 57.23x | 1.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 112.93x | 1.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 85.08x | 1.62x |
