Comparison between Global Surfaces IPO and KFin Technologies IPO.
Global Surfaces IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while KFin Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Global Surfaces IPO is up to ₹154.98 Cr whereas the issue size of the KFin Technologies IPO is up to ₹1,500.00 Cr. The final issue price of Global Surfaces IPO is ₹140.00 per share and of KFin Technologies IPO is ₹366.00 per share.
| Global Surfaces IPO | KFin Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹133.00 per share | ₹347.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹366.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹366.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 100 shares | 40 shares |
| Fresh Issue Size | 85,20,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹119.28 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 25,50,000 shares | 4,09,83,606 shares |
| OFS Issue Size (Amount) | up to ₹35.70 Cr | up to ₹1,500.00 Cr |
| Issue Size Total | 1,10,70,000 shares | 4,09,83,606 shares |
| Issue Size Total (Amount) | up to ₹154.98 Cr | up to ₹1,500.00 Cr |
Global Surfaces IPO opens on Mar 13, 2023, while KFin Technologies IPO opens on Dec 19, 2022. The closing date of Global Surfaces IPO and KFin Technologies IPO is Mar 15, 2023, and Dec 21, 2022, respectively.
| Global Surfaces IPO | KFin Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Mar 10, 2023 | Dec 16, 2022 |
| Issue Open | Mar 13, 2023 | Dec 19, 2022 |
| Issue Close | Mar 15, 2023 | Dec 21, 2022 |
| Basis Of Allotment (Tentative) | Mar 20, 2023 | Dec 26, 2022 |
| Initiation of Refunds (Tentative) | Mar 21, 2023 | Dec 27, 2022 |
| Credit of Share (Tentative) | Mar 22, 2023 | Dec 28, 2022 |
| Listing date (Tentative) | Mar 23, 2023 | Dec 29, 2022 |
| Anchor Lockin End date 1 | Apr 19, 2023 | Jan 25, 2023 |
| Anchor Lockin End date 2 | Jun 18, 2023 | Mar 26, 2023 |
Global Surfaces IPO P/E ratio is 21.84, as compared to KFin Technologies IPO P/E ratio of 35.92.
| Global Surfaces IPO | KFin Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.35 | 74.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 49.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.84 | 35.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹593.35 Cr. | ₹6133.02 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.52 | ₹9.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.51 | 29.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Global Surfaces IPO Retail Individual Investors (RII) are offered 38,74,500 shares while in KFin Technologies IPO retail investors are offered 38,74,500 shares. Qualified Institutional Buyers (QIB) are offered 22,14,000 shares in Global Surfaces IPO and 1,22,95,083 shares in KFin Technologies IPO.
| Global Surfaces IPO | KFin Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 33,21,000 shares | 1,84,42,623 shares |
| Market Maker Reservation | ||
| QIB | 22,14,000 shares | 1,22,95,083 shares |
| NII | 16,60,500 shares | 61,47,540 shares |
| RII | 38,74,500 shares | 40,98,360 shares |
| Employee | ||
| Others | ||
| Total | 1,10,70,000 shares | 4,09,83,606 shares |
Global Surfaces IPO subscribed 12.21x in total, whereas KFin Technologies IPO subscribed 2.59x.
| Global Surfaces IPO | KFin Technologies IPO | |
|---|---|---|
| QIB (times) | 8.95x | 4.17x |
| NII (times) | 33.10x | 0.23x |
| Big NII (times) | 35.00x | 0.25x |
| Small NII (times) | 29.29x | 0.20x |
| RII (times) | 5.12x | 1.36x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 12.21x | 2.59x |
