Comparison between Emmforce Autotech IPO and Greenhitech Ventures IPO.
Emmforce Autotech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Greenhitech Ventures IPO is a SME Fixed Price proposed to list at BSE SME.
| Emmforce Autotech IPO | Greenhitech Ventures IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Emmforce Autotech IPO is up to ₹51.19 Cr whereas the issue size of the Greenhitech Ventures IPO is up to ₹5.97 Cr. The final issue price of Emmforce Autotech IPO is ₹98.00 per share and of Greenhitech Ventures IPO is ₹50.00 per share.
| Emmforce Autotech IPO | Greenhitech Ventures IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹93.00 per share | |
| Issue Price (Upper) | ₹98.00 per share | |
| Issue Price (Final) | ₹98.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 52,23,600 shares | 11,94,000 shares |
| Fresh Issue Size (Amount) | up to ₹51.19 Cr | up to ₹5.97 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 | 52,23,600 shares | 11,94,000 shares |
| Issue Size Total (Amount) | up to ₹51.19 Cr | up to ₹5.97 Cr |
Emmforce Autotech IPO opens on Apr 23, 2024, while Greenhitech Ventures IPO opens on Apr 12, 2024. The closing date of Emmforce Autotech IPO and Greenhitech Ventures IPO is Apr 25, 2024, and Apr 16, 2024, respectively.
| Emmforce Autotech IPO | Greenhitech Ventures IPO | |
|---|---|---|
| Anchor Bid Date | Apr 22, 2024 | |
| Issue Open | Apr 23, 2024 | Apr 12, 2024 |
| Issue Close | Apr 25, 2024 | Apr 16, 2024 |
| Basis Of Allotment (Tentative) | Apr 26, 2024 | Apr 18, 2024 |
| Initiation of Refunds (Tentative) | Apr 29, 2024 | Apr 19, 2024 |
| Credit of Share (Tentative) | Apr 29, 2024 | Apr 19, 2024 |
| Listing date (Tentative) | Apr 30, 2024 | Apr 22, 2024 |
| Anchor Lockin End date 1 | May 26, 2024 | |
| Anchor Lockin End date 2 | Jul 25, 2024 |
Emmforce Autotech IPO P/E ratio is 33.5, as compared to Greenhitech Ventures IPO P/E ratio of 30.05.
| Emmforce Autotech IPO | Greenhitech Ventures IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Emmforce Autotech Limited Financial Information (Restated)Emmforce Autotech Limited's revenue decreased by -31.7% and profit after tax (PAT) dropped by -40.1% between the financial year ending with March 31, 2023 and March 31, 2022.
| Greenhitech Ventures Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.17 | 73.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.5 | 30.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹200.90 Cr. | ₹23.50 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 8.17% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.19% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.93 | ₹1.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 2.83 | 7.80% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Emmforce Autotech IPO Retail Individual Investors (RII) are offered 18,28,800 shares while in Greenhitech Ventures IPO retail investors are offered 18,28,800 shares. Qualified Institutional Buyers (QIB) are offered 10,45,200 shares in Emmforce Autotech IPO and in Greenhitech Ventures IPO.
| Emmforce Autotech IPO | Greenhitech Ventures IPO | |
|---|---|---|
| Anchor Investor Reserveration | 15,66,000 shares | |
| Market Maker Reserveration | 2,76,000 shares | 66,000 shares |
| QIB | 10,45,200 shares | |
| NII | 7,83,600 shares | 5,97,000 shares |
| RII | 18,28,800 shares | 5,97,000 shares |
| Employee | ||
| Others | ||
| Total | 52,23,600 shares | 11,94,000 shares |
Emmforce Autotech IPO subscribed 364.37x in total, whereas Greenhitech Ventures IPO subscribed 769.95x.
| Emmforce Autotech IPO | Greenhitech Ventures IPO | |
|---|---|---|
| QIB (times) | 160.58x | |
| NII (times) | 861.98x | 921.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 267.62x | 597.41x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 364.37x | 769.95x |
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