Goldstar Power IPO vs Shree Ganesh Remedies IPO

Comparison between Goldstar Power IPO and Shree Ganesh Remedies IPO.

IPO Details

Goldstar Power IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shree Ganesh Remedies IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Goldstar Power IPO is up to ₹6.87 Cr whereas the issue size of the Shree Ganesh Remedies IPO is up to ₹8.10 Cr. The final issue price of Goldstar Power IPO is ₹25.00 per share and of Shree Ganesh Remedies IPO is ₹36.00 per share.

 Goldstar Power IPOShree Ganesh Remedies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares3000 shares
Fresh Issue Size27,48,000 shares22,50,000 shares
Fresh Issue Size (Amount)up to ₹6.87 Crup to ₹8.10 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,48,000 shares22,50,000 shares
Issue Size Total (Amount)up to ₹6.87 Crup to ₹8.10 Cr

IPO Timetable

Goldstar Power IPO opens on Sep 27, 2017, while Shree Ganesh Remedies IPO opens on Sep 28, 2017. The closing date of Goldstar Power IPO and Shree Ganesh Remedies IPO is Sep 29, 2017, and Oct 05, 2017, respectively.

 Goldstar Power IPOShree Ganesh Remedies IPO
Issue OpenSep 27, 2017Sep 28, 2017
Issue CloseSep 29, 2017Oct 05, 2017
Basis Of Allotment (Tentative)Oct 05, 2017Oct 10, 2017
Initiation of Refunds (Tentative)Oct 11, 2017
Credit of Share (Tentative)Oct 12, 2017
Listing date (Tentative)Oct 10, 2017Oct 13, 2017

Financials & KPIs

Goldstar Power IPO P/E ratio is , as compared to Shree Ganesh Remedies IPO P/E ratio of .

 Goldstar Power IPOShree Ganesh Remedies IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets33.7233.5438.09
Total Income54.9740.5141.30
Profit After Tax0.91-0.39-0.66
NET Worth11.4810.5710.96
Reserves and Surplus10.189.279.66
Total Borrowing12.2013.2814.24
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets21.1715.6715.25
Total Income20.3215.8816.99
Profit After Tax2.611.081.27
NET Worth16.5413.9912.90
Reserves and Surplus15.4412.8911.80
Total Borrowing0.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%85.31%
Promoter Shareholding (Post-Issue)72.91%62.72%
Market Cap₹26.75 Cr.₹32.30 Cr.

Shares Offered

In the Goldstar Power IPO Retail Individual Investors (RII) are offered 13,74,000 shares while in Shree Ganesh Remedies IPO retail investors are offered 13,74,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Goldstar Power IPO and 0 shares in Shree Ganesh Remedies IPO.

 Goldstar Power IPOShree Ganesh Remedies IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,50,000 shares1,26,000 shares
QIB0 shares0 shares
NII13,74,000 shares11,25,000 shares
RII13,74,000 shares11,25,000 shares
Employee0 shares0 shares
Total27,48,000 shares22,50,000 shares

Bids Received (Subscription)

Goldstar Power IPO subscribed 1.41x in total, whereas Shree Ganesh Remedies IPO subscribed 1.77x.

 Goldstar Power IPOShree Ganesh Remedies IPO
NII (times)2.14x1.42x
RII (times)0.69x2.11x
Total (times)1.41x1.77x

Compare with others

Compare:

Goldstar Power IPO Vs Shree Ganesh Remedies IPO