Comparison between GP Eco Solutions IPO and Magenta Lifecare IPO.
IPO Details
GP Eco Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Magenta Lifecare IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of GP Eco Solutions IPO is up to ₹27.71 Cr whereas the issue size of the Magenta Lifecare IPO is up to ₹6.64 Cr. The final issue price of GP Eco Solutions IPO is ₹94.00 per share and of Magenta Lifecare IPO is ₹35.00 per share.
IPO Timetable
GP Eco Solutions IPO opens on Jun 14, 2024, while Magenta Lifecare IPO opens on Jun 05, 2024. The closing date of GP Eco Solutions IPO and Magenta Lifecare IPO is Jun 19, 2024, and Jun 07, 2024, respectively.
| | GP Eco Solutions IPO | Magenta Lifecare IPO |
|---|
| Anchor Bid Date | Jun 13, 2024 | |
| Issue Open | Jun 14, 2024 | Jun 05, 2024 |
| Issue Close | Jun 19, 2024 | Jun 07, 2024 |
| Basis Of Allotment (Tentative) | Jun 20, 2024 | Jun 10, 2024 |
| Initiation of Refunds (Tentative) | Jun 21, 2024 | Jun 11, 2024 |
| Credit of Share (Tentative) | Jun 21, 2024 | Jun 11, 2024 |
| Listing date (Tentative) | Jun 24, 2024 | Jun 12, 2024 |
| Anchor Lockin End date 1 | Jul 20, 2024 | |
| Anchor Lockin End date 2 | Sep 18, 2024 | |
Financials & KPIs
GP Eco Solutions IPO P/E ratio is 21.44, as compared to Magenta Lifecare IPO P/E ratio of 69.43.
Shares Offered
In the GP Eco Solutions IPO Retail Individual Investors (RII) are offered 10,32,000 shares while in Magenta Lifecare IPO retail investors are offered 10,32,000 shares. Qualified Institutional Buyers (QIB) are offered 5,89,200 shares in GP Eco Solutions IPO and in Magenta Lifecare IPO.
| | GP Eco Solutions IPO | Magenta Lifecare IPO |
|---|
| Anchor Investor Reservation | 8,83,200 shares | |
| Market Maker Reservation | 3,27,600 shares | 1,04,000 shares |
| QIB | 5,89,200 shares | |
| NII | 4,44,000 shares | 9,48,000 shares |
| RII | 10,32,000 shares | 9,48,000 shares |
| Total | 29,48,400 shares | 18,96,000 shares |
Bids Received (Subscription)
GP Eco Solutions IPO subscribed 599.73x in total, whereas Magenta Lifecare IPO subscribed 962.09x.
