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.

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 (Final)₹19.00 per share₹170.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
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
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

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

Company Financials (Restated)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets4.683.964.163.45
Total Income7.9910.9110.7410.24
Profit After Tax0.200.150.120.11
EBITDA0.420.380.350.27
NET Worth2.352.150.500.38
Reserves and Surplus0.771.360.490.37
Total Borrowing0.050.100.05
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)100%100%
Promoter Shareholding (Post-Issue)71.11%73.48%
Market Cap₹4.22 Cr.₹19.33 Cr.

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 0 shares in Focus Business Solution IPO and 0 shares in Gretex Corporate IPO.

 Focus Business Solution IPOGretex Corporate IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation42,000 shares15,200 shares
QIB0 shares0 shares
NII3,00,000 shares1,43,200 shares
RII3,00,000 shares1,43,200 shares
Employee0 shares0 shares
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
NII (times)3.22x2.37x
RII (times)10.10x12.17x
Total (times)6.66x7.27x

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Focus Business Solution IPO Vs Gretex Corporate IPO