Comparison between Goel Food Products IPO and Modi's Navnirman IPO.
Goel Food Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Modi's Navnirman IPO is a SME Fixed Price proposed to list at BSE SME.
| Goel Food Products IPO | Modi's Navnirman IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Aryaman Capital Markets 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 Goel Food Products IPO is up to ₹6.84 Cr whereas the issue size of the Modi's Navnirman IPO is up to ₹21.46 Cr. The final issue price of Goel Food Products IPO is ₹72.00 per share and of Modi's Navnirman IPO is ₹180.00 per share.
| Goel Food Products IPO | Modi's Navnirman IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹72.00 per share | ₹180.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 800 shares |
| Fresh Issue Size | 4,49,600 shares | 11,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.24 Cr | up to ₹21.46 Cr |
| OFS Issue Size | 5,00,800 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹3.61 Cr | up to ₹0.00 Cr |
| Issue Size Total | 9,50,400 shares | 11,92,000 shares |
| Issue Size Total (Amount) | up to ₹6.84 Cr | up to ₹21.46 Cr |
Goel Food Products IPO opens on Jun 15, 2022, while Modi's Navnirman IPO opens on Jun 23, 2022. The closing date of Goel Food Products IPO and Modi's Navnirman IPO is Jun 20, 2022, and Jun 28, 2022, respectively.
| Goel Food Products IPO | Modi's Navnirman IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 15, 2022 | Jun 23, 2022 |
| Issue Close | Jun 20, 2022 | Jun 28, 2022 |
| Basis Of Allotment (Tentative) | Jun 23, 2022 | Jul 01, 2022 |
| Initiation of Refunds (Tentative) | Jun 24, 2022 | Jul 04, 2022 |
| Credit of Share (Tentative) | Jun 27, 2022 | Jul 05, 2022 |
| Listing date (Tentative) | Jun 28, 2022 | Jul 06, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Goel Food Products IPO P/E ratio is 10.84, as compared to Modi's Navnirman IPO P/E ratio of 57.32.
| Goel Food Products IPO | Modi's Navnirman IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.98 | 99.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.41 | 70.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.84 | 57.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹27.15 Cr. | ₹76.14 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.98 | 4.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-0.09 | ₹4.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -0.1 | 34.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Goel Food Products IPO Retail Individual Investors (RII) are offered 4,75,200 shares while in Modi's Navnirman IPO retail investors are offered 4,75,200 shares. Qualified Institutional Buyers (QIB) are offered in Goel Food Products IPO and in Modi's Navnirman IPO.
| Goel Food Products IPO | Modi's Navnirman IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 51,200 shares | 68,000 shares |
| QIB | ||
| NII | 4,75,200 shares | 5,96,000 shares |
| RII | 4,75,200 shares | 5,96,000 shares |
| Employee | ||
| Others | ||
| Total | 9,50,400 shares | 11,92,000 shares |
Goel Food Products IPO subscribed 1.64x in total, whereas Modi's Navnirman IPO subscribed 1.99x.
| Goel Food Products IPO | Modi's Navnirman IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.21x | 2.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.07x | 1.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.64x | 1.99x |
