Comparison between GSM Foils IPO and Z-Tech IPO.
IPO Details
GSM Foils IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Z-Tech IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of GSM Foils IPO is up to ₹10.44 Cr whereas the issue size of the Z-Tech IPO is up to ₹35.43 Cr. The final issue price of GSM Foils IPO is ₹32.00 per share and of Z-Tech IPO is ₹110.00 per share.
IPO Timetable
GSM Foils IPO opens on May 24, 2024, while Z-Tech IPO opens on May 29, 2024. The closing date of GSM Foils IPO and Z-Tech IPO is May 28, 2024, and May 31, 2024, respectively.
| | GSM Foils IPO | Z-Tech IPO |
|---|
| Anchor Bid Date | | May 28, 2024 |
| Issue Open | May 24, 2024 | May 29, 2024 |
| Issue Close | May 28, 2024 | May 31, 2024 |
| Basis Of Allotment (Tentative) | May 29, 2024 | Jun 03, 2024 |
| Initiation of Refunds (Tentative) | May 30, 2024 | Jun 05, 2024 |
| Credit of Share (Tentative) | May 30, 2024 | Jun 05, 2024 |
| Listing date (Tentative) | May 31, 2024 | Jun 05, 2024 |
| Anchor Lockin End date 1 | | Jul 03, 2024 |
| Anchor Lockin End date 2 | | Sep 01, 2024 |
Financials & KPIs
GSM Foils IPO P/E ratio is 20.98, as compared to Z-Tech IPO P/E ratio of 13.27.
Shares Offered
In the GSM Foils IPO Retail Individual Investors (RII) are offered 16,32,000 shares while in Z-Tech IPO retail investors are offered 16,32,000 shares. Qualified Institutional Buyers (QIB) are offered in GSM Foils IPO and 6,44,400 shares in Z-Tech IPO.
| | GSM Foils IPO | Z-Tech IPO |
|---|
| Anchor Investor Reservation | | 9,64,800 shares |
| Market Maker Reservation | 1,76,000 shares | 1,70,400 shares |
| QIB | | 6,44,400 shares |
| NII | 16,32,000 shares | 4,83,600 shares |
| RII | 16,32,000 shares | 11,28,000 shares |
| Employee | | |
| Others | | |
| Total | 32,64,000 shares | 32,20,800 shares |
Bids Received (Subscription)
GSM Foils IPO subscribed 257.30x in total, whereas Z-Tech IPO subscribed 371.39x.
