Comparison between Globesecure Technologies IPO and Le Merite Exports IPO.
Globesecure Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Le Merite Exports IPO is a SME Fixed Price proposed to list at NSE SME.
| Globesecure Technologies IPO | Le Merite Exports IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Novus Capital Advisors Pvt.Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nirman Share Brokers Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Globesecure Technologies IPO is up to ₹9.60 Cr whereas the issue size of the Le Merite Exports IPO is up to ₹45.48 Cr. The final issue price of Globesecure Technologies IPO is ₹29.00 per share and of Le Merite Exports IPO is ₹75.00 per share.
| Globesecure Technologies IPO | Le Merite Exports IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹29.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1600 shares |
| Fresh Issue Size | 33,12,000 shares | 60,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.60 Cr | up to ₹45.48 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 33,12,000 shares | 60,64,000 shares |
| Issue Size Total (Amount) | up to ₹9.60 Cr | up to ₹45.48 Cr |
Globesecure Technologies IPO opens on May 23, 2022, while Le Merite Exports IPO opens on Apr 25, 2022. The closing date of Globesecure Technologies IPO and Le Merite Exports IPO is May 25, 2022, and Apr 28, 2022, respectively.
| Globesecure Technologies IPO | Le Merite Exports IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 23, 2022 | Apr 25, 2022 |
| Issue Close | May 25, 2022 | Apr 28, 2022 |
| Basis Of Allotment (Tentative) | May 30, 2022 | |
| Initiation of Refunds (Tentative) | May 31, 2022 | |
| Credit of Share (Tentative) | May 31, 2022 | |
| Listing date (Tentative) | Jun 02, 2022 | May 09, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Globesecure Technologies IPO P/E ratio is 17.9, as compared to Le Merite Exports IPO P/E ratio of 11.09.
| Globesecure Technologies IPO | Le Merite Exports IPO | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials ()
| |||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 58.05 | 99.99 | |||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 35.80 | ||||||||||||||||||||||||||||
| P/E Ratio | 17.9 | 11.09 | |||||||||||||||||||||||||||
| Market Cap | ₹26.41 Cr. | ₹176.11 Cr. | |||||||||||||||||||||||||||
| ROE | 28.99 | ||||||||||||||||||||||||||||
| ROCE | 43.03 | ||||||||||||||||||||||||||||
| Debt/Equity | 0.81 | ||||||||||||||||||||||||||||
| EPS | ₹2.01 | ₹41.31 | |||||||||||||||||||||||||||
| RoNW | 13.55 | 28.99 | |||||||||||||||||||||||||||
In the Globesecure Technologies IPO Retail Individual Investors (RII) are offered 16,56,000 shares while in Le Merite Exports IPO retail investors are offered 16,56,000 shares. Qualified Institutional Buyers (QIB) are offered in Globesecure Technologies IPO and in Le Merite Exports IPO.
| Globesecure Technologies IPO | Le Merite Exports IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,80,000 shares | 3,36,000 shares |
| QIB | ||
| NII | 16,56,000 shares | 30,32,000 shares |
| RII | 16,56,000 shares | 30,32,000 shares |
| Employee | ||
| Others | ||
| Total | 33,12,000 shares | 60,64,000 shares |
Globesecure Technologies IPO subscribed 14.17x in total, whereas Le Merite Exports IPO subscribed 15.69x.
| Globesecure Technologies IPO | Le Merite Exports IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 23.70x | 15.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.64x | 16.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 14.17x | 15.69x |
