Comparison between Globe Civil Projects IPO and Vikram Solar IPO.
Globe Civil Projects IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vikram Solar IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Globe Civil Projects IPO is up to ₹119.00 Cr whereas the issue size of the Vikram Solar IPO is up to ₹2,079.37 Cr. The final issue price of Globe Civil Projects IPO is ₹71.00 per share and of Vikram Solar IPO is ₹332.00 per share.
| Globe Civil Projects IPO | Vikram Solar IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹67.00 per share | ₹315.00 per share |
| Issue Price (Upper) | ₹71.00 per share | ₹332.00 per share |
| Issue Price (Final) | ₹71.00 per share | ₹332.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 211 shares | 45 shares |
| Fresh Issue Size | 1,67,60,560 shares | 4,51,80,722 shares |
| Fresh Issue Size (Amount) | up to ₹119.00 Cr | up to ₹1,500.00 Cr |
| OFS Issue Size | 0 shares | 1,74,50,882 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹579.37 Cr |
| Issue Size Total | 1,67,60,560 shares | 6,26,31,604 shares |
| Issue Size Total (Amount) | up to ₹119.00 Cr | up to ₹2,079.37 Cr |
Globe Civil Projects IPO opens on Jun 24, 2025, while Vikram Solar IPO opens on Aug 19, 2025. The closing date of Globe Civil Projects IPO and Vikram Solar IPO is Jun 26, 2025, and Aug 21, 2025, respectively.
| Globe Civil Projects IPO | Vikram Solar IPO | |
|---|---|---|
| Anchor Bid Date | Jun 23, 2025 | Aug 18, 2025 |
| Issue Open | Jun 24, 2025 | Aug 19, 2025 |
| Issue Close | Jun 26, 2025 | Aug 21, 2025 |
| Basis Of Allotment (Tentative) | Jun 27, 2025 | Aug 22, 2025 |
| Initiation of Refunds (Tentative) | Jun 30, 2025 | Aug 25, 2025 |
| Credit of Share (Tentative) | Jun 30, 2025 | Aug 25, 2025 |
| Listing date (Tentative) | Jul 01, 2025 | Aug 26, 2025 |
| Anchor Lockin End date 1 | Jul 26, 2025 | Sep 20, 2025 |
| Anchor Lockin End date 2 | Sep 24, 2025 | Nov 19, 2025 |
Globe Civil Projects IPO P/E ratio is 19.83, as compared to Vikram Solar IPO P/E ratio of 75.16.
| Globe Civil Projects IPO | Vikram Solar IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)Vikram Solar Ltd.'s revenue increased by 37% and profit after tax (PAT) rose by 75% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 88.14 | 77.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.43 | 63.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.83 | 75.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹424.00 Cr. | ₹12009.01 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.95% | 16.57% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.07% | 24.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.60 | 0.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.58 | ₹4.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.80% | 11.26% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Globe Civil Projects IPO Retail Individual Investors (RII) are offered 58,66,196 shares while in Vikram Solar IPO retail investors are offered 58,66,196 shares. Qualified Institutional Buyers (QIB) are offered 33,52,112 shares in Globe Civil Projects IPO and 1,24,66,080 shares in Vikram Solar IPO.
| Globe Civil Projects IPO | Vikram Solar IPO | |
|---|---|---|
| Anchor Investor Reservation | 50,28,168 shares | 1,86,99,120 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 33,52,112 shares | 1,24,66,080 shares |
| NII | 25,14,084 shares | 93,49,560 shares |
| RII | 58,66,196 shares | 2,18,15,640 shares |
| Employee | 0 shares | 3,01,204 shares |
| Others | ||
| Total | 1,67,60,560 shares | 6,26,31,604 shares |
Globe Civil Projects IPO subscribed 80.97x in total, whereas Vikram Solar IPO subscribed 56.42x.
| Globe Civil Projects IPO | Vikram Solar IPO | |
|---|---|---|
| QIB (times) | 82.13x | 145.10x |
| NII (times) | 143.14x | 52.87x |
| Big NII (times) | 136.80x | 59.58x |
| Small NII (times) | 150.25x | 39.46x |
| RII (times) | 53.67x | 7.98x |
| Employee (times) | 5.10x | |
| Other (times) | ||
| Total (times) | 80.97x | 56.42x |
