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Focus Business Solution IPO vs Gretex Corporate IPO

Comparison between Focus Business Solution IPO and Gretex Corporate IPO.

IPO Details

Focus Business Solution 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.

 Focus Business Solution IPOGretex Corporate IPO
LogoFocus Business Solution IPO LogoGretex Corporate IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersNavigant Corporate Advisors Ltd.Aryaman Financial Services Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Intellect Stock Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Focus Business Solution IPO is up to ₹1.14 Cr whereas the issue size of the Gretex Corporate IPO is up to ₹4.87 Cr. The final issue price of Focus Business Solution IPO is ₹19.00 per share and of Gretex Corporate IPO is ₹170.00 per share.

 Focus Business Solution IPOGretex Corporate IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹19.00 per share₹170.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares800 shares
Fresh Issue Size6,00,000 shares2,22,400 shares
Fresh Issue Size (Amount)up to ₹1.14 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 Total6,00,000 shares2,86,400 shares
Issue Size Total (Amount)up to ₹1.14 Crup to ₹4.87 Cr

IPO Timetable

Focus Business Solution IPO opens on Jun 30, 2021, while Gretex Corporate IPO opens on Jul 27, 2021. The closing date of Focus Business Solution IPO and Gretex Corporate IPO is Jul 05, 2021, and Jul 30, 2021, respectively.

 Focus Business Solution IPOGretex Corporate IPO
Anchor Bid Date
Issue OpenJun 30, 2021Jul 27, 2021
Issue CloseJul 05, 2021Jul 30, 2021
Basis Of Allotment (Tentative)Jul 08, 2021Aug 04, 2021
Initiation of Refunds (Tentative)Jul 09, 2021Aug 05, 2021
Credit of Share (Tentative)Jul 12, 2021Aug 06, 2021
Listing date (Tentative)Jul 13, 2021Aug 09, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Focus Business Solution IPO P/E ratio is , as compared to Gretex Corporate IPO P/E ratio of .

 Focus Business Solution IPOGretex Corporate IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 468.19 395.66 415.64 344.76
Total Revenue 799.19 1,090.73 1,073.97 1,023.76
Profit After Tax 19.74 15.25 11.77 10.99
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,011.22 838.21 946.16
Total Revenue 324.63 145.31 315.53
Profit After Tax 71.41 (115.21) 24.97
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)73.48
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Focus Business Solution IPO Retail Individual Investors (RII) are offered 3,00,000 shares while in Gretex Corporate IPO retail investors are offered 3,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Focus Business Solution IPO and in Gretex Corporate IPO.

 Focus Business Solution IPOGretex Corporate IPO
Anchor Investor Reserveration
Market Maker Reserveration42,000 shares15,200 shares
QIB
NII3,00,000 shares1,43,200 shares
RII3,00,000 shares1,43,200 shares
Employee
Others
Total6,00,000 shares2,86,400 shares

Bids Received (Subscription)

Focus Business Solution IPO subscribed 6.66x in total, whereas Gretex Corporate IPO subscribed 7.27x.

 Focus Business Solution IPOGretex Corporate IPO
QIB (times)
NII (times)3.22x2.37x
Big NII (times)
Small NII (times)
RII (times)10.10x12.17x
Employee (times)
Other (times)
Total (times)6.66x7.27x