Comparison between Globe Textiles IPO and Riddhi Corporate IPO.
IPO Details
Globe Textiles IPO is a SME Fixed Price IPO proposed to list at NSE SME while Riddhi Corporate IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Globe Textiles IPO is up to ₹12.97 Cr whereas the issue size of the Riddhi Corporate IPO is up to ₹11.70 Cr. The final issue price of Globe Textiles IPO is ₹51.00 per share and of Riddhi Corporate IPO is ₹130.00 per share.
| | Globe Textiles IPO | Riddhi Corporate IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹51.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 12,24,000 shares | 9,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.24 Cr | up to ₹11.70 Cr |
| OFS Issue Size | 13,20,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹6.73 Cr | up to ₹0.00 Cr |
| Issue Size Total | 25,44,000 shares | 9,00,000 shares |
| Issue Size Total (Amount) | up to ₹12.97 Cr | up to ₹11.70 Cr |
IPO Timetable
Globe Textiles IPO opens on Jun 12, 2017, while Riddhi Corporate IPO opens on Jun 12, 2017. The closing date of Globe Textiles IPO and Riddhi Corporate IPO is Jun 15, 2017, and Jun 15, 2017, respectively.
Financials & KPIs
Globe Textiles IPO P/E ratio is , as compared to Riddhi Corporate IPO P/E ratio of 16.
Shares Offered
In the Globe Textiles IPO Retail Individual Investors (RII) are offered 12,72,000 shares while in Riddhi Corporate IPO retail investors are offered 12,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Globe Textiles IPO and 0 shares in Riddhi Corporate IPO.
| | Globe Textiles IPO | Riddhi Corporate IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,44,000 shares | 50,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 12,72,000 shares | 4,50,000 shares |
| RII | 12,72,000 shares | 4,50,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 25,44,000 shares | 9,00,000 shares |
Bids Received (Subscription)
Globe Textiles IPO subscribed 2.62x in total, whereas Riddhi Corporate IPO subscribed 2.22x.
