Comparison between Gretex Corporate IPO and Times Green Energy IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Gretex Corporate IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .
Shares Offered
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 0 shares in Gretex Corporate IPO and in Times Green Energy IPO.
| | Gretex Corporate IPO | Times Green Energy IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 15,200 shares | 40,000 shares |
| QIB | 0 shares | |
| NII | 1,43,200 shares | 3,12,000 shares |
| RII | 1,43,200 shares | 3,12,000 shares |
| Employee | 0 shares | |
| Total | 2,86,400 shares | 6,24,000 shares |
Bids Received (Subscription)
Gretex Corporate IPO subscribed 7.27x in total, whereas Times Green Energy IPO subscribed 2.94x.
