Comparison between GM Polyplast IPO and Veer Global Infraconstruction IPO.
IPO Details
GM Polyplast IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veer Global Infraconstruction IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of GM Polyplast IPO is up to ₹7.68 Cr whereas the issue size of the Veer Global Infraconstruction IPO is up to ₹4.66 Cr. The final issue price of GM Polyplast IPO is ₹159.00 per share and of Veer Global Infraconstruction IPO is ₹28.00 per share.
| | GM Polyplast IPO | Veer Global Infraconstruction IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹159.00 per share | ₹28.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 800 shares | 4000 shares |
| Fresh Issue Size | 2,97,200 shares | 16,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.73 Cr | up to ₹4.66 Cr |
| OFS Issue Size | 1,86,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.96 Cr | up to ₹0.00 Cr |
| Issue Size Total | 4,83,200 shares | 16,64,000 shares |
| Issue Size Total (Amount) | up to ₹7.68 Cr | up to ₹4.66 Cr |
IPO Timetable
GM Polyplast IPO opens on Sep 30, 2020, while Veer Global Infraconstruction IPO opens on Sep 30, 2020. The closing date of GM Polyplast IPO and Veer Global Infraconstruction IPO is Oct 06, 2020, and Oct 09, 2020, respectively.
| | GM Polyplast IPO | Veer Global Infraconstruction IPO |
|---|
| Issue Open | Sep 30, 2020 | Sep 30, 2020 |
| Issue Close | Oct 06, 2020 | Oct 09, 2020 |
| Basis Of Allotment (Tentative) | Oct 09, 2020 | Oct 14, 2020 |
| Initiation of Refunds (Tentative) | Oct 13, 2020 | Oct 15, 2020 |
| Credit of Share (Tentative) | Oct 13, 2020 | Oct 16, 2020 |
| Listing date (Tentative) | Oct 14, 2020 | Oct 19, 2020 |
Financials & KPIs
GM Polyplast IPO P/E ratio is , as compared to Veer Global Infraconstruction IPO P/E ratio of .
Shares Offered
In the GM Polyplast IPO Retail Individual Investors (RII) are offered 2,41,600 shares while in Veer Global Infraconstruction IPO retail investors are offered 2,41,600 shares. Qualified Institutional Buyers (QIB) are offered in GM Polyplast IPO and 0 shares in Veer Global Infraconstruction IPO.
| | GM Polyplast IPO | Veer Global Infraconstruction IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 25,600 shares | 92,000 shares |
| QIB | | 0 shares |
| NII | 2,41,600 shares | 8,32,000 shares |
| RII | 2,41,600 shares | 8,32,000 shares |
| Employee | | 0 shares |
| Total | 4,83,200 shares | 16,64,000 shares |
Bids Received (Subscription)
GM Polyplast IPO subscribed 1.60x in total, whereas Veer Global Infraconstruction IPO subscribed 1.59x.
