Comparison between Globe Textiles IPO and Shri Ram Switchgears IPO.
IPO Details
Globe Textiles IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shri Ram Switchgears IPO is a SME Fixed Price proposed to list at NSE 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 Shri Ram Switchgears IPO is up to ₹4.81 Cr. The final issue price of Globe Textiles IPO is ₹51.00 per share and of Shri Ram Switchgears IPO is ₹19.00 per share.
| | Globe Textiles IPO | Shri Ram Switchgears IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹51.00 per share | ₹19.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 6000 shares |
| Fresh Issue Size | 12,24,000 shares | 25,32,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.24 Cr | up to ₹4.81 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 | 25,32,000 shares |
| Issue Size Total (Amount) | up to ₹12.97 Cr | up to ₹4.81 Cr |
IPO Timetable
Globe Textiles IPO opens on Jun 12, 2017, while Shri Ram Switchgears IPO opens on May 25, 2017. The closing date of Globe Textiles IPO and Shri Ram Switchgears IPO is Jun 15, 2017, and May 30, 2017, respectively.
Financials & KPIs
Globe Textiles IPO P/E ratio is , as compared to Shri Ram Switchgears IPO P/E ratio of .
Shares Offered
In the Globe Textiles IPO Retail Individual Investors (RII) are offered 12,72,000 shares while in Shri Ram Switchgears IPO retail investors are offered 12,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Globe Textiles IPO and in Shri Ram Switchgears IPO.
| | Globe Textiles IPO | Shri Ram Switchgears IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,44,000 shares | 1,38,000 shares |
| QIB | 0 shares | |
| NII | 12,72,000 shares | 12,66,000 shares |
| RII | 12,72,000 shares | 12,66,000 shares |
| Employee | 0 shares | |
| Total | 25,44,000 shares | 25,32,000 shares |
Bids Received (Subscription)
Globe Textiles IPO subscribed 2.62x in total, whereas Shri Ram Switchgears IPO subscribed 72.49x.
