Comparison between Greenhitech Ventures IPO and Ramdevbaba Solvent IPO.
Greenhitech Ventures IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ramdevbaba Solvent IPO is a SME Bookbuilding proposed to list at NSE SME.
| Greenhitech Ventures IPO | Ramdevbaba Solvent IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Choice Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Choice Equity Broking 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 Greenhitech Ventures IPO is up to ₹5.97 Cr whereas the issue size of the Ramdevbaba Solvent IPO is up to ₹47.60 Cr. The final issue price of Greenhitech Ventures IPO is ₹50.00 per share and of Ramdevbaba Solvent IPO is ₹85.00 per share.
| Greenhitech Ventures IPO | Ramdevbaba Solvent IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | |
| Issue Price (Upper) | ₹85.00 per share | |
| Issue Price (Final) | ₹50.00 per share | ₹85.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 11,94,000 shares | 56,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.97 Cr | up to ₹47.60 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 | 11,94,000 shares | 56,00,000 shares |
| Issue Size Total (Amount) | up to ₹5.97 Cr | up to ₹47.60 Cr |
Greenhitech Ventures IPO opens on Apr 12, 2024, while Ramdevbaba Solvent IPO opens on Apr 15, 2024. The closing date of Greenhitech Ventures IPO and Ramdevbaba Solvent IPO is Apr 16, 2024, and Apr 18, 2024, respectively.
| Greenhitech Ventures IPO | Ramdevbaba Solvent IPO | |
|---|---|---|
| Anchor Bid Date | Apr 12, 2024 | |
| Issue Open | Apr 12, 2024 | Apr 15, 2024 |
| Issue Close | Apr 16, 2024 | Apr 18, 2024 |
| Basis Of Allotment (Tentative) | Apr 18, 2024 | Apr 19, 2024 |
| Initiation of Refunds (Tentative) | Apr 19, 2024 | Apr 22, 2024 |
| Credit of Share (Tentative) | Apr 19, 2024 | Apr 22, 2024 |
| Listing date (Tentative) | Apr 22, 2024 | Apr 23, 2024 |
| Anchor Lockin End date 1 | May 19, 2024 | |
| Anchor Lockin End date 2 | Jul 18, 2024 |
Greenhitech Ventures IPO P/E ratio is 30.05, as compared to Ramdevbaba Solvent IPO P/E ratio of 10.6.
| Greenhitech Ventures IPO | Ramdevbaba Solvent IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Greenhitech Ventures Limited Financial Information (Restated)
| Ramdevbaba Solvent Limited Financial Information (Restated)Ramdevbaba Solvent Limited's revenue increased by 20.35% and profit after tax (PAT) rose by 97.25% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 81.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 30.05 | 10.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹23.50 Cr. | ₹188.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 8.17% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.19% | 10.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.95 | 1.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.66 | ₹8.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.80% | 14.24% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Greenhitech Ventures IPO Retail Individual Investors (RII) are offered 5,97,000 shares while in Ramdevbaba Solvent IPO retail investors are offered 5,97,000 shares. Qualified Institutional Buyers (QIB) are offered in Greenhitech Ventures IPO and 11,20,000 shares in Ramdevbaba Solvent IPO.
| Greenhitech Ventures IPO | Ramdevbaba Solvent IPO | |
|---|---|---|
| Anchor Investor Reserveration | 16,80,000 shares | |
| Market Maker Reserveration | 66,000 shares | 3,13,600 shares |
| QIB | 11,20,000 shares | |
| NII | 5,97,000 shares | 8,40,000 shares |
| RII | 5,97,000 shares | 19,60,000 shares |
| Employee | ||
| Others | ||
| Total | 11,94,000 shares | 56,00,000 shares |
Greenhitech Ventures IPO subscribed 769.95x in total, whereas Ramdevbaba Solvent IPO subscribed 126.21x.
| Greenhitech Ventures IPO | Ramdevbaba Solvent IPO | |
|---|---|---|
| QIB (times) | 65.95x | |
| NII (times) | 921.60x | 314.46x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 597.41x | 79.96x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 769.95x | 126.21x |
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