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Globe Textiles IPO vs Shri Ram Switchgears IPO

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.

 Globe Textiles IPOShri Ram Switchgears IPO
LogoGlobe Textiles IPO LogoShri Ram Switchgears IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Sarthi Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Choice Equity Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 IPOShri 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 Size2000 shares6000 shares
Fresh Issue Size12,24,000 shares25,32,000 shares
Fresh Issue Size (Amount)up to ₹6.24 Crup to ₹4.81 Cr
OFS Issue Size13,20,000 shares0 shares
OFS Issue Size (Amount)up to ₹6.73 Crup to ₹0.00 Cr
Issue Size Total25,44,000 shares25,32,000 shares
Issue Size Total (Amount)up to ₹12.97 Crup 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.

 Globe Textiles IPOShri Ram Switchgears IPO
Issue OpenJun 12, 2017May 25, 2017
Issue CloseJun 15, 2017May 30, 2017
Basis Of Allotment (Tentative)Jun 20, 2017Jun 02, 2017
Listing date (Tentative)Jun 23, 2017Jun 07, 2017

Financials & KPIs

Globe Textiles IPO P/E ratio is , as compared to Shri Ram Switchgears IPO P/E ratio of .

 Globe Textiles IPOShri Ram Switchgears IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets110.1082.8270.65
Total Income191.86183.16175.26
Profit After Tax3.251.572.44
NET Worth24.8621.6220.04
Reserves and Surplus16.1518.7117.14
Total Borrowing51.8138.9529.05
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended28 Feb 201731 Mar 201631 Mar 201531 Mar 2014
Assets82.5371.0262.2951.87
Total Income55.3648.2354.3739.21
Profit After Tax1.770.851.210.42
NET Worth10.829.058.185.29
Reserves and Surplus3.484.163.301.96
Total Borrowing38.8831.6818.8719.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%82.93%
Promoter Shareholding (Post-Issue)73.32%60.81%
Market Cap₹51.39 Cr.₹19.02 Cr.

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 IPOShri Ram Switchgears IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,44,000 shares1,38,000 shares
QIB0 shares
NII12,72,000 shares12,66,000 shares
RII12,72,000 shares12,66,000 shares
Employee0 shares
Total25,44,000 shares25,32,000 shares

Bids Received (Subscription)

Globe Textiles IPO subscribed 2.62x in total, whereas Shri Ram Switchgears IPO subscribed 72.49x.

 Globe Textiles IPOShri Ram Switchgears IPO
NII (times)1.50x56.72x
RII (times)3.74x88.27x
Total (times)2.62x72.49x

Compare with others

Globe Textiles IPOShri Ram Switchgears IPO
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Compare:

Globe Textiles IPO Vs Shri Ram Switchgears IPO