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Globtier Infotech IPO vs Oval Projects Engineering IPO

Comparison between Globtier Infotech IPO and Oval Projects Engineering IPO.

IPO Details

Globtier Infotech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Oval Projects Engineering IPO is a SME Bookbuilding proposed to list at BSE SME.

 Globtier Infotech IPOOval Projects Engineering IPO
LogoGlobtier Infotech IPO LogoOval Projects Engineering IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersShannon Advisors Pvt.Ltd.SMC Capitals Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MAS Services Ltd.
Market MakerNikunj Stock Brokers Ltd.SMC Global Securities Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Globtier Infotech IPO is up to ₹29.43 Cr whereas the issue size of the Oval Projects Engineering IPO is up to ₹44.16 Cr. The final issue price of Globtier Infotech IPO is ₹72.00 per share and of Oval Projects Engineering IPO is ₹85.00 per share.

 Globtier Infotech IPOOval Projects Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share
Issue Price (Upper)₹85.00 per share
Issue Price (Final)₹72.00 per share₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size35,87,200 shares51,95,200 shares
Fresh Issue Size (Amount)up to ₹25.83 Crup to ₹44.16 Cr
OFS Issue Size5,00,800 shares0 shares
OFS Issue Size (Amount)up to ₹3.61 Crup to ₹0.00 Cr
Issue Size Total40,88,000 shares51,95,200 shares
Issue Size Total (Amount)up to ₹29.43 Crup to ₹44.16 Cr

IPO Timetable

Globtier Infotech IPO opens on Aug 25, 2025, while Oval Projects Engineering IPO opens on Aug 28, 2025. The closing date of Globtier Infotech IPO and Oval Projects Engineering IPO is Aug 28, 2025, and Sep 01, 2025, respectively.

 Globtier Infotech IPOOval Projects Engineering IPO
Anchor Bid DateAug 26, 2025
Issue OpenAug 25, 2025Aug 28, 2025
Issue CloseAug 28, 2025Sep 01, 2025
Basis Of Allotment (Tentative)Aug 29, 2025Sep 02, 2025
Initiation of Refunds (Tentative)Sep 01, 2025Sep 03, 2025
Credit of Share (Tentative)Sep 01, 2025Sep 03, 2025
Listing date (Tentative)Sep 02, 2025Sep 04, 2025
Anchor Lockin End date 1Oct 02, 2025
Anchor Lockin End date 2Dec 01, 2025

Financials & KPIs

Globtier Infotech IPO P/E ratio is 14.82, as compared to Oval Projects Engineering IPO P/E ratio of 13.91.

 Globtier Infotech IPOOval Projects Engineering IPO
FinancialsEBITDA

Oval Projects Engineering Limited Financial Information (Restated Consolidated)

Oval Projects Engineering Limited's revenue increased by 31% and profit after tax (PAT) rose by 112% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets156.23103.8082.25
Total Income103.4478.9964.09
Profit After Tax9.334.403.19
EBITDA18.089.893.46
Net Worth55.8833.6717.75
Reserves and Surplus40.6120.0017.68
Total Borrowing53.7032.4132.21
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.8772.19
Promoter Shareholding (Post-Issue)71.3953.07
P/E Ratio14.8213.91
Market Cap₹108.87 Cr.₹176.54 Cr.
ROE31.55%20.85%
ROCE47.68%21.32%
Debt/Equity0.60
EPS₹4.86₹6.11
RoNW31.55%20.85%

Shares Offered

In the Globtier Infotech IPO Retail Individual Investors (RII) are offered 20,48,000 shares while in Oval Projects Engineering IPO retail investors are offered 20,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Globtier Infotech IPO and 6,24,000 shares in Oval Projects Engineering IPO.

 Globtier Infotech IPOOval Projects Engineering IPO
Anchor Investor Reserveration9,36,000 shares
Market Maker Reserveration2,24,000 shares3,04,000 shares
QIB0 shares6,24,000 shares
NII20,40,000 shares14,40,000 shares
RII20,48,000 shares21,95,200 shares
Employee0 shares0 shares
Others
Total40,88,000 shares51,95,200 shares

Bids Received (Subscription)

Globtier Infotech IPO subscribed 1.34x in total, whereas Oval Projects Engineering IPO subscribed 1.61x.

 Globtier Infotech IPOOval Projects Engineering IPO
QIB (times)6.21x
NII (times)0.63x0.82x
Big NII (times)1.46x
Small NII (times)0.48x
RII (times)2.04x0.83x
Employee (times)
Other (times)
Total (times)1.34x1.61x