AA Plus Tradelink IPO vs Gretex Corporate IPO

Comparison between AA Plus Tradelink IPO and Gretex Corporate IPO.

IPO Details

AA Plus Tradelink IPO is a SME Fixed Price IPO proposed to list at BSE SME while Gretex Corporate IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of AA Plus Tradelink IPO is up to ₹6.13 Cr whereas the issue size of the Gretex Corporate IPO is up to ₹4.87 Cr. The final issue price of AA Plus Tradelink IPO is ₹18.00 per share and of Gretex Corporate IPO is ₹170.00 per share.

 AA Plus Tradelink IPOGretex Corporate IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹18.00 per share₹170.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares800 shares
Fresh Issue Size34,08,000 shares2,22,400 shares
Fresh Issue Size (Amount)up to ₹6.13 Crup to ₹3.78 Cr
OFS Issue Size0 shares64,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹1.09 Cr
Issue Size Total34,08,000 shares2,86,400 shares
Issue Size Total (Amount)up to ₹6.13 Crup to ₹4.87 Cr

IPO Timetable

AA Plus Tradelink IPO opens on Jul 08, 2021, while Gretex Corporate IPO opens on Jul 27, 2021. The closing date of AA Plus Tradelink IPO and Gretex Corporate IPO is Jul 13, 2021, and Jul 30, 2021, respectively.

 AA Plus Tradelink IPOGretex Corporate IPO
Issue OpenJul 08, 2021Jul 27, 2021
Issue CloseJul 13, 2021Jul 30, 2021
Basis Of Allotment (Tentative)Jul 16, 2021Aug 04, 2021
Initiation of Refunds (Tentative)Jul 19, 2021Aug 05, 2021
Credit of Share (Tentative)Jul 19, 2021Aug 06, 2021
Listing date (Tentative)Jul 22, 2021Aug 09, 2021

Financials & KPIs

AA Plus Tradelink IPO P/E ratio is , as compared to Gretex Corporate IPO P/E ratio of .

 AA Plus Tradelink IPOGretex Corporate IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets15.4510.209.64
Total Income9.5117.325.20
Profit After Tax0.130.140.10
EBITDA0.210.230.22
NET Worth6.065.935.79
Reserves and Surplus1.501.373.51
Total Borrowing1.140.950.01
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets10.118.389.46
Total Income3.251.453.16
Profit After Tax0.71-1.150.25
EBITDA1.19-0.680.70
NET Worth6.283.745.34
Reserves and Surplus5.383.094.69
Total Borrowing2.503.652.70
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)58.63%100%
Promoter Shareholding (Post-Issue)32.78%73.48%
Market Cap₹14.70 Cr.₹19.33 Cr.

Shares Offered

In the AA Plus Tradelink IPO Retail Individual Investors (RII) are offered 17,04,000 shares while in Gretex Corporate IPO retail investors are offered 17,04,000 shares. Qualified Institutional Buyers (QIB) are offered in AA Plus Tradelink IPO and 0 shares in Gretex Corporate IPO.

 AA Plus Tradelink IPOGretex Corporate IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,92,000 shares15,200 shares
QIB0 shares
NII17,04,000 shares1,43,200 shares
RII17,04,000 shares1,43,200 shares
Employee0 shares
Total34,08,000 shares2,86,400 shares

Bids Received (Subscription)

AA Plus Tradelink IPO subscribed 1.46x in total, whereas Gretex Corporate IPO subscribed 7.27x.

 AA Plus Tradelink IPOGretex Corporate IPO
NII (times)0.32x2.37x
RII (times)2.61x12.17x
Total (times)1.46x7.27x

Compare with others

Compare:

AA Plus Tradelink IPO Vs Gretex Corporate IPO