Comparison between Global Surfaces IPO and Nexus Select Trust REIT.
Global Surfaces IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nexus Select Trust REIT 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 Nexus Select Trust REIT is up to ₹3,200.00 Cr. The final issue price of Global Surfaces IPO is ₹140.00 per share and of Nexus Select Trust REIT is ₹100.00 per share.
| Global Surfaces IPO | Nexus Select Trust REIT | |
|---|---|---|
| Face Value | ₹10 per share | |
| Issue Price (Lower) | ₹133.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹100.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 100 shares | 150 shares |
| Fresh Issue Size | 85,20,000 shares | 14,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹119.28 Cr | up to ₹1,400.00 Cr |
| OFS Issue Size | 25,50,000 shares | 18,00,00,000 shares |
| OFS Issue Size (Amount) | up to ₹35.70 Cr | up to ₹1,800.00 Cr |
| Issue Size Total | 1,10,70,000 shares | 32,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹154.98 Cr | up to ₹3,200.00 Cr |
Global Surfaces IPO opens on Mar 13, 2023, while Nexus Select Trust REIT opens on May 09, 2023. The closing date of Global Surfaces IPO and Nexus Select Trust REIT is Mar 15, 2023, and May 11, 2023, respectively.
| Global Surfaces IPO | Nexus Select Trust REIT | |
|---|---|---|
| Anchor Bid Date | Mar 10, 2023 | May 08, 2023 |
| Issue Open | Mar 13, 2023 | May 09, 2023 |
| Issue Close | Mar 15, 2023 | May 11, 2023 |
| Basis Of Allotment (Tentative) | Mar 20, 2023 | May 16, 2023 |
| Initiation of Refunds (Tentative) | Mar 21, 2023 | May 17, 2023 |
| Credit of Share (Tentative) | Mar 22, 2023 | May 18, 2023 |
| Listing date (Tentative) | Mar 23, 2023 | May 19, 2023 |
| Anchor Lockin End date 1 | Apr 19, 2023 | Jun 15, 2023 |
| Anchor Lockin End date 2 | Jun 18, 2023 | Aug 14, 2023 |
Global Surfaces IPO P/E ratio is 21.84, as compared to Nexus Select Trust REIT P/E ratio of .
| Global Surfaces IPO | Nexus Select Trust REIT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹593.35 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Global Surfaces IPO Retail Individual Investors (RII) are offered 38,74,500 shares while in Nexus Select Trust REIT retail investors are offered 38,74,500 shares. Qualified Institutional Buyers (QIB) are offered 22,14,000 shares in Global Surfaces IPO and 9,60,00,150 shares in Nexus Select Trust REIT.
| Global Surfaces IPO | Nexus Select Trust REIT | |
|---|---|---|
| Anchor Investor Reservation | 33,21,000 shares | 14,39,99,850 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 22,14,000 shares | 9,60,00,150 shares |
| NII | 16,60,500 shares | 8,00,00,000 shares |
| RII | 38,74,500 shares | 0 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 1,10,70,000 shares | 32,00,00,000 shares |
Global Surfaces IPO subscribed 12.21x in total, whereas Nexus Select Trust REIT subscribed 5.45x.
| Global Surfaces IPO | Nexus Select Trust REIT | |
|---|---|---|
| QIB (times) | 8.95x | 4.81x |
| NII (times) | 33.10x | |
| Big NII (times) | 35.00x | |
| Small NII (times) | 29.29x | |
| RII (times) | 5.12x | |
| Employee (times) | ||
| Other (times) | 6.23x | |
| Total (times) | 12.21x | 5.45x |
