Comparison between Goel Food Products IPO and Modi's Navnirman IPO.
IPO Details
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.
Issue Size and Price
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 (Final) | ₹72.00 per share | ₹180.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| 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 |
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Goel Food Products IPO P/E ratio is 10.84, as compared to Modi's Navnirman IPO P/E ratio of 57.32.
Shares Offered
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 0 shares in Goel Food Products IPO and in Modi's Navnirman IPO.
| | Goel Food Products IPO | Modi's Navnirman IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 51,200 shares | 68,000 shares |
| QIB | 0 shares | |
| NII | 4,75,200 shares | 5,96,000 shares |
| RII | 4,75,200 shares | 5,96,000 shares |
| Employee | 0 shares | |
| Total | 9,50,400 shares | 11,92,000 shares |
Bids Received (Subscription)
Goel Food Products IPO subscribed 1.64x in total, whereas Modi's Navnirman IPO subscribed 1.99x.
