Greenchef Appliances IPO vs Pentagon Rubber IPO

Comparison between Greenchef Appliances IPO and Pentagon Rubber IPO.

IPO Details

Greenchef Appliances IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pentagon Rubber IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Greenchef Appliances IPO is up to ₹50.91 Cr whereas the issue size of the Pentagon Rubber IPO is up to ₹15.36 Cr. The final issue price of Greenchef Appliances IPO is ₹87.00 per share and of Pentagon Rubber IPO is ₹70.00 per share.

 Greenchef Appliances IPOPentagon Rubber IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹82.00 per share₹65.00 per share
Issue Price (Upper)₹87.00 per share₹70.00 per share
Issue Price (Final)₹87.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size58,51,200 shares21,94,000 shares
Fresh Issue Size (Amount)up to ₹50.91 Crup to ₹15.36 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total58,51,200 shares21,94,000 shares
Issue Size Total (Amount)up to ₹50.91 Crup to ₹15.36 Cr

IPO Timetable

Greenchef Appliances IPO opens on Jun 23, 2023, while Pentagon Rubber IPO opens on Jun 26, 2023. The closing date of Greenchef Appliances IPO and Pentagon Rubber IPO is Jun 27, 2023, and Jun 30, 2023, respectively.

 Greenchef Appliances IPOPentagon Rubber IPO
Anchor Bid DateJun 22, 2023Jun 23, 2023
Issue OpenJun 23, 2023Jun 26, 2023
Issue CloseJun 27, 2023Jun 30, 2023
Basis Of Allotment (Tentative)Jul 03, 2023Jul 05, 2023
Initiation of Refunds (Tentative)Jul 04, 2023Jul 06, 2023
Credit of Share (Tentative)Jul 05, 2023Jul 07, 2023
Listing date (Tentative)Jul 06, 2023Jul 07, 2023
Anchor Lockin End date 1Aug 02, 2023Aug 04, 2023
Anchor Lockin End date 2Oct 01, 2023Oct 03, 2023

Financials & KPIs

Greenchef Appliances IPO P/E ratio is 14.87, as compared to Pentagon Rubber IPO P/E ratio of 18.76.

 Greenchef Appliances IPOPentagon Rubber IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets179.54142.23125.63
Total Income337.05239.29238.07
Profit After Tax0.822.571.17
NET Worth51.7150.9348.55
Reserves and Surplus48.1447.3744.98
Total Borrowing66.8351.8239.16
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets29.5728.0225.8921.33
Total Income29.9835.1223.2019.39
Profit After Tax2.163.091.100.94
NET Worth7.705.542.461.35
Reserves and Surplus2.301.54-1.54-2.65
Total Borrowing16.7017.5916.4912.45
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100
Promoter Shareholding (Post-Issue)73.5270.04
P/E Ratio14.8718.76
Market Cap₹202.47 Cr.₹53.97 Cr.
ROE18.1932.59
ROCE12.5227.16
Debt/Equity0.992.17
EPS₹5.97₹3.83
RoNW16.8555.67

Shares Offered

In the Greenchef Appliances IPO Retail Individual Investors (RII) are offered 20,49,600 shares while in Pentagon Rubber IPO retail investors are offered 20,49,600 shares. Qualified Institutional Buyers (QIB) are offered 11,71,200 shares in Greenchef Appliances IPO and 4,38,000 shares in Pentagon Rubber IPO.

 Greenchef Appliances IPOPentagon Rubber IPO
Anchor Investor Reservation17,52,000 shares6,56,000 shares
Market Maker Reservation3,12,000 shares1,16,000 shares
QIB11,71,200 shares4,38,000 shares
NII8,78,400 shares3,30,000 shares
RII20,49,600 shares7,70,000 shares
Employee
Others
Total58,51,200 shares21,94,000 shares

Bids Received (Subscription)

Greenchef Appliances IPO subscribed 44.89x in total, whereas Pentagon Rubber IPO subscribed 106.20x.

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Greenchef Appliances IPO Vs Pentagon Rubber IPO