Comparison between Abans Holdings IPO and Global Surfaces IPO.
Abans Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Global Surfaces IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Abans Holdings IPO is up to ₹345.60 Cr whereas the issue size of the Global Surfaces IPO is up to ₹154.98 Cr. The final issue price of Abans Holdings IPO is ₹270.00 per share and of Global Surfaces IPO is ₹140.00 per share.
| Abans Holdings IPO | Global Surfaces IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹256.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹270.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹270.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 55 shares | 100 shares |
| Fresh Issue Size | 38,00,000 shares | 85,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹102.60 Cr | up to ₹119.28 Cr |
| OFS Issue Size | 90,00,000 shares | 25,50,000 shares |
| OFS Issue Size (Amount) | up to ₹243.00 Cr | up to ₹35.70 Cr |
| Issue Size Total | 1,28,00,000 shares | 1,10,70,000 shares |
| Issue Size Total (Amount) | up to ₹345.60 Cr | up to ₹154.98 Cr |
Abans Holdings IPO opens on Dec 12, 2022, while Global Surfaces IPO opens on Mar 13, 2023. The closing date of Abans Holdings IPO and Global Surfaces IPO is Dec 15, 2022, and Mar 15, 2023, respectively.
| Abans Holdings IPO | Global Surfaces IPO | |
|---|---|---|
| Anchor Bid Date | Mar 10, 2023 | |
| Issue Open | Dec 12, 2022 | Mar 13, 2023 |
| Issue Close | Dec 15, 2022 | Mar 15, 2023 |
| Basis Of Allotment (Tentative) | Dec 20, 2022 | Mar 20, 2023 |
| Initiation of Refunds (Tentative) | Dec 21, 2022 | Mar 21, 2023 |
| Credit of Share (Tentative) | Dec 22, 2022 | Mar 22, 2023 |
| Listing date (Tentative) | Dec 23, 2022 | Mar 23, 2023 |
| Anchor Lockin End date 1 | Apr 19, 2023 | |
| Anchor Lockin End date 2 | Jun 18, 2023 |
Abans Holdings IPO P/E ratio is 18.96, as compared to Global Surfaces IPO P/E ratio of 21.84.
| Abans Holdings IPO | Global Surfaces IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.42 | 99.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.96 | 21.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1353.94 Cr. | ₹593.35 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9 | 26.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11 | 20.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.12 | 0.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.37 | ₹10.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.01 | 32.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Abans Holdings IPO Retail Individual Investors (RII) are offered 76,80,000 shares while in Global Surfaces IPO retail investors are offered 76,80,000 shares. Qualified Institutional Buyers (QIB) are offered 12,80,000 shares in Abans Holdings IPO and 22,14,000 shares in Global Surfaces IPO.
| Abans Holdings IPO | Global Surfaces IPO | |
|---|---|---|
| Anchor Investor Reservation | 33,21,000 shares | |
| Market Maker Reservation | ||
| QIB | 12,80,000 shares | 22,14,000 shares |
| NII | 38,40,000 shares | 16,60,500 shares |
| RII | 76,80,000 shares | 38,74,500 shares |
| Employee | ||
| Others | ||
| Total | 1,28,00,000 shares | 1,10,70,000 shares |
Abans Holdings IPO subscribed 1.10x in total, whereas Global Surfaces IPO subscribed 12.21x.
| Abans Holdings IPO | Global Surfaces IPO | |
|---|---|---|
| QIB (times) | 4.10x | 8.95x |
| NII (times) | 1.48x | 33.10x |
| Big NII (times) | 2.15x | 35.00x |
| Small NII (times) | 0.13x | 29.29x |
| RII (times) | 0.40x | 5.12x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.10x | 12.21x |
