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Goel Food Products IPO vs Scarnose International IPO

Comparison between Goel Food Products IPO and Scarnose International IPO.

IPO Details

Goel Food Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Scarnose International IPO is a SME Fixed Price proposed to list at BSE SME.

 Goel Food Products IPOScarnose International IPO
LogoGoel Food Products IPO LogoScarnose International IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersGretex Corporate Services Ltd.Finshore Management Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Econo Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Scarnose International IPO is up to ₹6.27 Cr. The final issue price of Goel Food Products IPO is ₹72.00 per share and of Scarnose International IPO is ₹55.00 per share.

 Goel Food Products IPOScarnose International IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹72.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size4,49,600 shares11,40,000 shares
Fresh Issue Size (Amount)up to ₹3.24 Crup to ₹6.27 Cr
OFS Issue Size5,00,800 shares0 shares
OFS Issue Size (Amount)up to ₹3.61 Crup to ₹0.00 Cr
Issue Size Total9,50,400 shares11,40,000 shares
Issue Size Total (Amount)up to ₹6.84 Crup to ₹6.27 Cr

IPO Timetable

Goel Food Products IPO opens on Jun 15, 2022, while Scarnose International IPO opens on Jun 14, 2022. The closing date of Goel Food Products IPO and Scarnose International IPO is Jun 20, 2022, and Jun 17, 2022, respectively.

 Goel Food Products IPOScarnose International IPO
Anchor Bid Date
Issue OpenJun 15, 2022Jun 14, 2022
Issue CloseJun 20, 2022Jun 17, 2022
Basis Of Allotment (Tentative)Jun 23, 2022Jun 22, 2022
Initiation of Refunds (Tentative)Jun 24, 2022Jun 23, 2022
Credit of Share (Tentative)Jun 27, 2022Jun 24, 2022
Listing date (Tentative)Jun 28, 2022Jun 27, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Goel Food Products IPO P/E ratio is 10.84, as compared to Scarnose International IPO P/E ratio of 51.89.

 Goel Food Products IPOScarnose International IPO
Financials
Goel Food Products Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-192903.581386.7148.38741.93660.19
31-Mar-203532.841606.8463.1754.48672.74
31-Mar-212654.34753.85-0.76753.73671.99
31-Dec-214563.021200.68187.65941.38859.64
Amount in ₹ Lakhs
Scarnose International Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-201204.911204.562.814.053.04
31-Mar-21457.83255.7222.51190.55148.55
31-Mar-221242.259593.0233.42339143.98
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9899.99
Promoter Shareholding (Post-Issue)73.4161.90
P/E Ratio10.8451.89
Market Cap₹27.15 Cr.₹17.33 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Goel Food Products IPO Retail Individual Investors (RII) are offered 4,75,200 shares while in Scarnose International IPO retail investors are offered 4,75,200 shares. Qualified Institutional Buyers (QIB) are offered in Goel Food Products IPO and in Scarnose International IPO.

 Goel Food Products IPOScarnose International IPO
Anchor Investor Reserveration
Market Maker Reserveration51,200 shares60,000 shares
QIB
NII4,75,200 shares5,70,000 shares
RII4,75,200 shares5,70,000 shares
Employee
Others
Total9,50,400 shares11,40,000 shares

Bids Received (Subscription)

Goel Food Products IPO subscribed 1.64x in total, whereas Scarnose International IPO subscribed 2.22x.

 Goel Food Products IPOScarnose International IPO
QIB (times)
NII (times)1.21x2.09x
Big NII (times)
Small NII (times)
RII (times)2.07x2.34x
Employee (times)
Other (times)
Total (times)1.64x2.22x