Goyal Salt IPO vs Inspire Films IPO

Comparison between Goyal Salt IPO and Inspire Films IPO.

IPO Details

Goyal Salt IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Inspire Films IPO is a SME Bookbuilding proposed to list at NSE SME.

	Goyal Salt IPO	Inspire Films IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Holani Consultants Pvt.Ltd.	Narnolia Financial Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker	Holani Consultants Pvt.Ltd.	Share India Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Goyal Salt IPO is up to ₹17.69 Cr whereas the issue size of the Inspire Films IPO is up to ₹20.17 Cr. The final issue price of Goyal Salt IPO is ₹38.00 per share and of Inspire Films IPO is ₹59.00 per share.

	Goyal Salt IPO	Inspire Films IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹36.00 per share	₹56.00 per share
Issue Price (Upper)	₹38.00 per share	₹59.00 per share
Issue Price (Final)	₹38.00 per share	₹59.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)	₹0.00 per share
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	46,56,000 shares	34,18,000 shares
Fresh Issue Size (Amount)	up to ₹17.69 Cr	up to ₹20.17 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	46,56,000 shares	34,18,000 shares
Issue Size Total (Amount)	up to ₹17.69 Cr	up to ₹20.17 Cr

IPO Timetable

Goyal Salt IPO opens on Sep 26, 2023, while Inspire Films IPO opens on Sep 25, 2023. The closing date of Goyal Salt IPO and Inspire Films IPO is Oct 03, 2023, and Sep 27, 2023, respectively.

	Goyal Salt IPO	Inspire Films IPO
Anchor Bid Date	Sep 25, 2023	Sep 22, 2023
Issue Open	Sep 26, 2023	Sep 25, 2023
Issue Close	Oct 03, 2023	Sep 27, 2023
Basis Of Allotment (Tentative)	Oct 05, 2023	Oct 03, 2023
Initiation of Refunds (Tentative)	Oct 06, 2023	Oct 04, 2023
Credit of Share (Tentative)	Oct 09, 2023	Oct 05, 2023
Listing date (Tentative)	Oct 11, 2023	Oct 05, 2023
Anchor Lockin End date 1	Nov 04, 2023	Nov 02, 2023
Anchor Lockin End date 2	Jan 03, 2024	Jan 01, 2024

Financials & KPIs

Goyal Salt IPO P/E ratio is 13.97, as compared to Inspire Films IPO P/E ratio of 0.02.

Goyal Salt IPO

Inspire Films IPO

Financials

Goyal Salt IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,745.93	2,733.41	3,000.94
Total Income	6,012.96	6,615.00	11,770.68
Profit After Tax	68.15	62.75	353.74
Net Worth	1,121.57	1,169.12	1,618.11
Reserves and Surplus	921.99	969.54	534.92
Total Borrowing	1,297.36	1,059.80	920.11

Amount in ₹ Lakhs

Inspire Films IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,849.54	3,053.87	4,159.88
Total Income	1,942.47	3,815.28	4,884.82
Profit After Tax	-83.00	25.92	404.82
Net Worth	780.37	806.29	1,311.22
Reserves and Surplus	779.37	805.29	1,310.16
Total Borrowing	1,025.55	359.95	836.85

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

93.98

Promoter Shareholding (Post-Issue)

69.17

P/E Ratio

13.97

0.02

Market Cap

₹68.02 Cr.

₹80.30 Cr.

ROE

25.38%

30.88%

ROCE

36.22%

32.01%

Debt/Equity

0.57

0.64

EPS

₹2.72

₹3925.00

RoNW

21.86%

30.88%

Shares Offered

In the Goyal Salt IPO Retail Individual Investors (RII) are offered 16,38,000 shares while in Inspire Films IPO retail investors are offered 16,38,000 shares. Qualified Institutional Buyers (QIB) are offered 8,82,000 shares in Goyal Salt IPO and 6,84,000 shares in Inspire Films IPO.

	Goyal Salt IPO	Inspire Films IPO
Anchor Investor Reserveration	13,17,000 shares	10,22,000 shares
Market Maker Reserveration	2,46,000 shares	1,80,000 shares
QIB	8,82,000 shares	6,84,000 shares
NII	7,29,000 shares	5,14,000 shares
RII	16,38,000 shares	11,98,000 shares
Employee	90,000 shares
Others
Total	46,56,000 shares	34,18,000 shares

Bids Received (Subscription)

Goyal Salt IPO subscribed 294.61x in total, whereas Inspire Films IPO subscribed 129.08x.

	Goyal Salt IPO	Inspire Films IPO
QIB (times)	67.20x	25.27x
NII (times)	382.45x	147.16x
Big NII (times)
Small NII (times)
RII (times)	377.97x	180.41x
Employee (times)
Other (times)
Total (times)	294.61x	129.08x

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