Globe International Carriers IPO vs Shashijit Infraprojects IPO

Comparison between Globe International Carriers IPO and Shashijit Infraprojects IPO.

IPO Details

Globe International Carriers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shashijit Infraprojects IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Globe International Carriers IPO is up to ₹4.90 Cr whereas the issue size of the Shashijit Infraprojects IPO is up to ₹3.31 Cr. The final issue price of Globe International Carriers IPO is ₹24.00 per share and of Shashijit Infraprojects IPO is ₹15.00 per share.

 Globe International Carriers IPOShashijit Infraprojects IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹24.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares8000 shares
Fresh Issue Size20,40,000 shares22,08,000 shares
Fresh Issue Size (Amount)up to ₹4.90 Crup to ₹3.31 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,40,000 shares22,08,000 shares
Issue Size Total (Amount)up to ₹4.90 Crup to ₹3.31 Cr

IPO Timetable

Globe International Carriers IPO opens on Sep 30, 2016, while Shashijit Infraprojects IPO opens on Sep 30, 2016. The closing date of Globe International Carriers IPO and Shashijit Infraprojects IPO is Oct 07, 2016, and Oct 06, 2016, respectively.

 Globe International Carriers IPOShashijit Infraprojects IPO
Issue OpenSep 30, 2016Sep 30, 2016
Issue CloseOct 07, 2016Oct 06, 2016
Basis Of Allotment (Tentative)Oct 14, 2016Oct 10, 2016
Listing date (Tentative)Oct 19, 2016Oct 17, 2016

Financials & KPIs

Globe International Carriers IPO P/E ratio is , as compared to Shashijit Infraprojects IPO P/E ratio of .

 Globe International Carriers IPOShashijit Infraprojects IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets35.7030.9335.60
Total Income102.84114.30106.85
Profit After Tax1.010.820.12
NET Worth13.5212.5011.70
Reserves and Surplus7.6311.5210.72
Total Borrowing17.8214.8619.83
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets14.9914.9215.32
Total Income24.3129.3747.68
Profit After Tax0.970.691.73
NET Worth7.046.095.43
Reserves and Surplus6.996.045.38
Total Borrowing2.513.331.97
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.99%
Promoter Shareholding (Post-Issue)73.2%72.99%
Market Cap₹19.29 Cr.₹12.93 Cr.
RoNW7.513.78

Shares Offered

In the Globe International Carriers IPO Retail Individual Investors (RII) are offered 10,20,000 shares while in Shashijit Infraprojects IPO retail investors are offered 10,20,000 shares. Qualified Institutional Buyers (QIB) are offered in Globe International Carriers IPO and in Shashijit Infraprojects IPO.

 Globe International Carriers IPOShashijit Infraprojects IPO
Market Maker Reservation1,14,000 shares1,20,000 shares
NII10,20,000 shares11,04,000 shares
RII10,20,000 shares11,04,000 shares
Total20,40,000 shares22,08,000 shares

Bids Received (Subscription)

Globe International Carriers IPO subscribed 2.14x in total, whereas Shashijit Infraprojects IPO subscribed 1.27x.

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Globe International Carriers IPO Vs Shashijit Infraprojects IPO