Comparison between Gretex Industries IPO and Nandani Creation IPO.
Gretex Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Nandani Creation IPO is a SME Fixed Price proposed to list at NSE SME.
| Gretex Industries IPO | Nandani Creation IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. Indian Overseas Bank | Pantomath Capital Advisors Pvt.Ltd. Indian Overseas Bank |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | BCB Brokerage Pvt.Ltd. | BCB Brokerage Pvt.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 Industries IPO is up to ₹3.76 Cr whereas the issue size of the Nandani Creation IPO is up to ₹3.83 Cr. The final issue price of Gretex Industries IPO is ₹20.00 per share and of Nandani Creation IPO is ₹28.00 per share.
| Gretex Industries IPO | Nandani Creation IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹19.00 per share | |
| Issue Price (Upper) | ₹21.00 per share | |
| Issue Price (Final) | ₹20.00 per share | ₹28.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 4000 shares |
| Fresh Issue Size | 9,54,000 shares | 13,68,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.91 Cr | up to ₹3.83 Cr |
| OFS Issue Size | 9,24,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1.85 Cr | up to ₹0.00 Cr |
| Issue Size Total | 18,78,000 shares | 13,68,000 shares |
| Issue Size Total (Amount) | up to ₹3.76 Cr | up to ₹3.83 Cr |
Gretex Industries IPO opens on Sep 30, 2016, while Nandani Creation IPO opens on Sep 28, 2016. The closing date of Gretex Industries IPO and Nandani Creation IPO is Oct 05, 2016, and Oct 03, 2016, respectively.
| Gretex Industries IPO | Nandani Creation IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2016 | Sep 28, 2016 |
| Issue Close | Oct 05, 2016 | Oct 03, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 14, 2016 | Oct 10, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gretex Industries IPO P/E ratio is , as compared to Nandani Creation IPO P/E ratio of .
| Gretex Industries IPO | Nandani Creation IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 61.79 | 99.98 | ||||
| Promoter Shareholding (Post-Issue) | 29.68 | 51.04 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹8.42 Cr. | ₹8.26 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 8.28 | 76.9 |
In the Gretex Industries IPO Retail Individual Investors (RII) are offered 9,42,000 shares while in Nandani Creation IPO retail investors are offered 9,42,000 shares. Qualified Institutional Buyers (QIB) are offered in Gretex Industries IPO and in Nandani Creation IPO.
| Gretex Industries IPO | Nandani Creation IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,02,000 shares | 76,000 shares |
| QIB | ||
| NII | 9,36,000 shares | 6,84,000 shares |
| RII | 9,42,000 shares | 6,84,000 shares |
| Employee | ||
| Others | ||
| Total | 18,78,000 shares | 13,68,000 shares |
Gretex Industries IPO subscribed 1.36x in total, whereas Nandani Creation IPO subscribed 1.38x.
| Gretex Industries IPO | Nandani Creation IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.64x | 2.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.08x | 0.50x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.36x | 1.38x |
