Comparison between GSM Foils IPO and Quest Laboratories IPO.
GSM Foils IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Quest Laboratories IPO is a SME Bookbuilding proposed to list at NSE SME.
| GSM Foils IPO | Quest Laboratories IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of GSM Foils IPO is up to ₹10.44 Cr whereas the issue size of the Quest Laboratories IPO is up to ₹40.95 Cr. The final issue price of GSM Foils IPO is ₹32.00 per share and of Quest Laboratories IPO is ₹97.00 per share.
| GSM Foils IPO | Quest Laboratories IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹93.00 per share | |
| Issue Price (Upper) | ₹97.00 per share | |
| Issue Price (Final) | ₹32.00 per share | ₹97.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1200 shares |
| Fresh Issue Size | 32,64,000 shares | 42,21,600 shares |
| Fresh Issue Size (Amount) | up to ₹10.44 Cr | up to ₹40.95 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 32,64,000 shares | 42,21,600 shares |
| Issue Size Total (Amount) | up to ₹10.44 Cr | up to ₹40.95 Cr |
GSM Foils IPO opens on May 24, 2024, while Quest Laboratories IPO opens on May 15, 2024. The closing date of GSM Foils IPO and Quest Laboratories IPO is May 28, 2024, and May 17, 2024, respectively.
| GSM Foils IPO | Quest Laboratories IPO | |
|---|---|---|
| Anchor Bid Date | May 14, 2024 | |
| Issue Open | May 24, 2024 | May 15, 2024 |
| Issue Close | May 28, 2024 | May 17, 2024 |
| Basis Of Allotment (Tentative) | May 29, 2024 | May 21, 2024 |
| Initiation of Refunds (Tentative) | May 30, 2024 | May 22, 2024 |
| Credit of Share (Tentative) | May 30, 2024 | May 22, 2024 |
| Listing date (Tentative) | May 31, 2024 | May 23, 2024 |
| Anchor Lockin End date 1 | Jun 20, 2024 | |
| Anchor Lockin End date 2 | Aug 19, 2024 |
GSM Foils IPO P/E ratio is 20.98, as compared to Quest Laboratories IPO P/E ratio of 23.03.
| GSM Foils IPO | Quest Laboratories IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | GSM Foils Limited Financial Information (Restated)GSM Foils Limited's revenue decreased by -8.3% and profit after tax (PAT) rose by 124.62% between the financial year ending with March 31, 2023 and March 31, 2022.
| Quest Laboratories Limited Financial Information (Restated)Quest Laboratories Limited's revenue increased by 3.9% and profit after tax (PAT) rose by 22.5% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 99.99 | 90.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.14 | 65.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.98 | 23.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹41.00 Cr. | ₹158.96 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.62% | 34.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 1.60% | 41.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 11.13 | 0.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.53 | ₹4.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 98.27% | 34.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GSM Foils IPO Retail Individual Investors (RII) are offered 16,32,000 shares while in Quest Laboratories IPO retail investors are offered 16,32,000 shares. Qualified Institutional Buyers (QIB) are offered in GSM Foils IPO and 8,31,600 shares in Quest Laboratories IPO.
| GSM Foils IPO | Quest Laboratories IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,36,000 shares | |
| Market Maker Reserveration | 1,76,000 shares | 2,28,000 shares |
| QIB | 8,31,600 shares | |
| NII | 16,32,000 shares | 6,55,200 shares |
| RII | 16,32,000 shares | 14,98,800 shares |
| Employee | ||
| Others | ||
| Total | 32,64,000 shares | 42,21,600 shares |
GSM Foils IPO subscribed 257.30x in total, whereas Quest Laboratories IPO subscribed 85.26x.
| GSM Foils IPO | Quest Laboratories IPO | |
|---|---|---|
| QIB (times) | 57.20x | |
| NII (times) | 259.51x | 184.10x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 247.10x | 57.63x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 257.30x | 85.26x |
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