Comparison between E Factor Experiences IPO and Goyal Salt IPO.
E Factor Experiences IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Goyal Salt IPO is a SME Bookbuilding proposed to list at NSE SME.
| E Factor Experiences IPO | Goyal Salt IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Holani Consultants Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Holani Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of E Factor Experiences IPO is up to ₹24.61 Cr whereas the issue size of the Goyal Salt IPO is up to ₹17.69 Cr. The final issue price of E Factor Experiences IPO is ₹75.00 per share and of Goyal Salt IPO is ₹38.00 per share.
| E Factor Experiences IPO | Goyal Salt IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | ₹36.00 per share |
| Issue Price (Upper) | ₹75.00 per share | ₹38.00 per share |
| Issue Price (Final) | ₹75.00 per share | ₹38.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 32,81,600 shares | 46,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹24.61 Cr | up to ₹17.69 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 32,81,600 shares | 46,56,000 shares |
| Issue Size Total (Amount) | up to ₹24.61 Cr | up to ₹17.69 Cr |
E Factor Experiences IPO opens on Sep 27, 2023, while Goyal Salt IPO opens on Sep 26, 2023. The closing date of E Factor Experiences IPO and Goyal Salt IPO is Oct 03, 2023, and Oct 03, 2023, respectively.
| E Factor Experiences IPO | Goyal Salt IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2023 | Sep 25, 2023 |
| Issue Open | Sep 27, 2023 | Sep 26, 2023 |
| Issue Close | Oct 03, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 06, 2023 | Oct 05, 2023 |
| Initiation of Refunds (Tentative) | Oct 07, 2023 | Oct 06, 2023 |
| Credit of Share (Tentative) | Oct 08, 2023 | Oct 09, 2023 |
| Listing date (Tentative) | Oct 09, 2023 | Oct 11, 2023 |
| Anchor Lockin End date 1 | Nov 05, 2023 | Nov 04, 2023 |
| Anchor Lockin End date 2 | Jan 04, 2024 | Jan 03, 2024 |
E Factor Experiences IPO P/E ratio is 9.59, as compared to Goyal Salt IPO P/E ratio of 13.97.
| E Factor Experiences IPO | Goyal Salt IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.59 | 13.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹98.16 Cr. | ₹68.02 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 103.79% | 25.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 54.85% | 36.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.83 | 0.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.82 | ₹2.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 68.35% | 21.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the E Factor Experiences IPO Retail Individual Investors (RII) are offered 11,48,800 shares while in Goyal Salt IPO retail investors are offered 11,48,800 shares. Qualified Institutional Buyers (QIB) are offered 6,56,000 shares in E Factor Experiences IPO and 8,82,000 shares in Goyal Salt IPO.
| E Factor Experiences IPO | Goyal Salt IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,84,000 shares | 13,17,000 shares |
| Market Maker Reservation | 1,74,400 shares | 2,46,000 shares |
| QIB | 6,56,000 shares | 8,82,000 shares |
| NII | 4,92,800 shares | 7,29,000 shares |
| RII | 11,48,800 shares | 16,38,000 shares |
| Employee | 90,000 shares | |
| Others | ||
| Total | 32,81,600 shares | 46,56,000 shares |
E Factor Experiences IPO subscribed 73.14x in total, whereas Goyal Salt IPO subscribed 294.61x.
| E Factor Experiences IPO | Goyal Salt IPO | |
|---|---|---|
| QIB (times) | 46.09x | 67.20x |
| NII (times) | 168.26x | 382.45x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 47.78x | 377.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 73.14x | 294.61x |
