Comparison between Global Surfaces IPO and Signatureglobal IPO.
Global Surfaces IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Signatureglobal 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 Signatureglobal IPO is up to ₹730.00 Cr. The final issue price of Global Surfaces IPO is ₹140.00 per share and of Signatureglobal IPO is ₹385.00 per share.
| Global Surfaces IPO | Signatureglobal IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹133.00 per share | ₹366.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹385.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹385.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 100 shares | 38 shares |
| Fresh Issue Size | 85,20,000 shares | 1,56,62,337 shares |
| Fresh Issue Size (Amount) | up to ₹119.28 Cr | up to ₹603.00 Cr |
| OFS Issue Size | 25,50,000 shares | 32,98,701 shares |
| OFS Issue Size (Amount) | up to ₹35.70 Cr | up to ₹127.00 Cr |
| Issue Size Total | 1,10,70,000 shares | 1,89,61,038 shares |
| Issue Size Total (Amount) | up to ₹154.98 Cr | up to ₹730.00 Cr |
Global Surfaces IPO opens on Mar 13, 2023, while Signatureglobal IPO opens on Sep 20, 2023. The closing date of Global Surfaces IPO and Signatureglobal IPO is Mar 15, 2023, and Sep 22, 2023, respectively.
| Global Surfaces IPO | Signatureglobal IPO | |
|---|---|---|
| Anchor Bid Date | Mar 10, 2023 | Sep 18, 2023 |
| Issue Open | Mar 13, 2023 | Sep 20, 2023 |
| Issue Close | Mar 15, 2023 | Sep 22, 2023 |
| Basis Of Allotment (Tentative) | Mar 20, 2023 | Sep 27, 2023 |
| Initiation of Refunds (Tentative) | Mar 21, 2023 | Sep 29, 2023 |
| Credit of Share (Tentative) | Mar 22, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Mar 23, 2023 | Sep 27, 2023 |
| Anchor Lockin End date 1 | Apr 19, 2023 | Oct 27, 2023 |
| Anchor Lockin End date 2 | Jun 18, 2023 | Dec 26, 2023 |
Global Surfaces IPO P/E ratio is 21.84, as compared to Signatureglobal IPO P/E ratio of .
| Global Surfaces IPO | Signatureglobal IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.35 | 78.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹593.35 Cr. | ₹5409.66 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.59 | -134.0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.85 | 1% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.28 | 34.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.52 | ₹-5.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Global Surfaces IPO Retail Individual Investors (RII) are offered 38,74,500 shares while in Signatureglobal IPO retail investors are offered 38,74,500 shares. Qualified Institutional Buyers (QIB) are offered 22,14,000 shares in Global Surfaces IPO and 59,48,080 shares in Signatureglobal IPO.
| Global Surfaces IPO | Signatureglobal IPO | |
|---|---|---|
| Anchor Investor Reservation | 33,21,000 shares | 82,72,700 shares |
| Market Maker Reservation | ||
| QIB | 22,14,000 shares | 59,48,080 shares |
| NII | 16,60,500 shares | 28,44,155 shares |
| RII | 38,74,500 shares | 18,96,103 shares |
| Employee | ||
| Others | ||
| Total | 1,10,70,000 shares | 1,89,61,038 shares |
Global Surfaces IPO subscribed 12.21x in total, whereas Signatureglobal IPO subscribed 12.50x.
| Global Surfaces IPO | Signatureglobal IPO | |
|---|---|---|
| QIB (times) | 8.95x | 13.37x |
| NII (times) | 33.10x | 14.24x |
| Big NII (times) | 35.00x | 16.60x |
| Small NII (times) | 29.29x | 9.53x |
| RII (times) | 5.12x | 7.17x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 12.21x | 12.50x |
