Comparison between Gretex Corporate IPO and Times Green Energy IPO.
Gretex Corporate IPO is a SME Fixed Price IPO proposed to list at BSE SME while Times Green Energy IPO is a SME Fixed Price proposed to list at BSE SME.
| Gretex Corporate IPO | Times Green Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Intellect Stock Broking Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Gretex Corporate IPO is up to ₹4.87 Cr whereas the issue size of the Times Green Energy IPO is up to ₹3.81 Cr. The final issue price of Gretex Corporate IPO is ₹170.00 per share and of Times Green Energy IPO is ₹61.00 per share.
| Gretex Corporate IPO | Times Green Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹170.00 per share | ₹61.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 2000 shares |
| Fresh Issue Size | 2,22,400 shares | 6,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.78 Cr | up to ₹3.81 Cr |
| OFS Issue Size | 64,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1.09 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,86,400 shares | 6,24,000 shares |
| Issue Size Total (Amount) | up to ₹4.87 Cr | up to ₹3.81 Cr |
Gretex Corporate IPO opens on Jul 27, 2021, while Times Green Energy IPO opens on Jun 16, 2021. The closing date of Gretex Corporate IPO and Times Green Energy IPO is Jul 30, 2021, and Jun 22, 2021, respectively.
| Gretex Corporate IPO | Times Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 27, 2021 | Jun 16, 2021 |
| Issue Close | Jul 30, 2021 | Jun 22, 2021 |
| Basis Of Allotment (Tentative) | Aug 04, 2021 | Jun 25, 2021 |
| Initiation of Refunds (Tentative) | Aug 05, 2021 | Jun 28, 2021 |
| Credit of Share (Tentative) | Aug 06, 2021 | Jun 29, 2021 |
| Listing date (Tentative) | Aug 09, 2021 | Jun 30, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gretex Corporate IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .
| Gretex Corporate IPO | Times Green Energy IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 79.20 | ||||
| Promoter Shareholding (Post-Issue) | 73.48 | 47.60 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹19.33 Cr. | ₹10.15 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Gretex Corporate IPO Retail Individual Investors (RII) are offered 1,43,200 shares while in Times Green Energy IPO retail investors are offered 1,43,200 shares. Qualified Institutional Buyers (QIB) are offered in Gretex Corporate IPO and in Times Green Energy IPO.
| Gretex Corporate IPO | Times Green Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 15,200 shares | 40,000 shares |
| QIB | ||
| NII | 1,43,200 shares | 3,12,000 shares |
| RII | 1,43,200 shares | 3,12,000 shares |
| Employee | ||
| Others | ||
| Total | 2,86,400 shares | 6,24,000 shares |
Gretex Corporate IPO subscribed 7.27x in total, whereas Times Green Energy IPO subscribed 2.94x.
| Gretex Corporate IPO | Times Green Energy IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.37x | 0.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.17x | 5.05x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.27x | 2.94x |
