Gujarat Hy-Spin IPO vs Sintercom India IPO

Comparison between Gujarat Hy-Spin IPO and Sintercom India IPO.

IPO Details

Gujarat Hy-Spin IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sintercom India IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Gujarat Hy-Spin IPO is up to ₹4.22 Cr whereas the issue size of the Sintercom India IPO is up to ₹40.38 Cr. The final issue price of Gujarat Hy-Spin IPO is ₹10.00 per share and of Sintercom India IPO is ₹65.00 per share.

 Gujarat Hy-Spin IPOSintercom India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹63.00 per share
Issue Price (Upper)₹65.00 per share
Issue Price (Final)₹10.00 per share₹65.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size10000 shares2000 shares
Fresh Issue Size0 shares26,82,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹17.43 Cr
OFS Issue Size42,20,000 shares35,30,000 shares
OFS Issue Size (Amount)up to ₹4.22 Crup to ₹22.95 Cr
Issue Size Total42,20,000 shares62,12,000 shares
Issue Size Total (Amount)up to ₹4.22 Crup to ₹40.38 Cr

IPO Timetable

Gujarat Hy-Spin IPO opens on Jan 25, 2018, while Sintercom India IPO opens on Feb 05, 2018. The closing date of Gujarat Hy-Spin IPO and Sintercom India IPO is Jan 31, 2018, and Feb 07, 2018, respectively.

 Gujarat Hy-Spin IPOSintercom India IPO
Anchor Bid DateFeb 02, 2018
Issue OpenJan 25, 2018Feb 05, 2018
Issue CloseJan 31, 2018Feb 07, 2018
Basis Of Allotment (Tentative)Feb 05, 2018Feb 12, 2018
Listing date (Tentative)Feb 08, 2018Feb 15, 2018
Anchor Lockin End date 1Mar 09, 2018

Financials & KPIs

Gujarat Hy-Spin IPO P/E ratio is , as compared to Sintercom India IPO P/E ratio of .

 Gujarat Hy-Spin IPOSintercom India IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets64.1959.3561.6256.60
Total Income26.3952.0551.8952.12
Profit After Tax0.170.150.04-0.34
NET Worth18.6318.0517.3716.22
Reserves and Surplus1.881.300.62-0.53
Total Borrowing28.5631.4735.9334.33
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets102.1799.62104.5495.55
Total Income36.2666.0163.3449.44
Profit After Tax2.891.630.690.09
NET Worth42.7339.8438.2137.52
Reserves and Surplus31.5428.6527.0226.33
Total Borrowing35.4038.4740.5337.41
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%74.29%
Promoter Shareholding (Post-Issue)55.11%65.02%
Market Cap₹16.75 Cr.₹157.32 Cr.

Shares Offered

In the Gujarat Hy-Spin IPO Retail Individual Investors (RII) are offered 21,10,000 shares while in Sintercom India IPO retail investors are offered 21,10,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Gujarat Hy-Spin IPO and 12,30,000 shares in Sintercom India IPO.

 Gujarat Hy-Spin IPOSintercom India IPO
Anchor Investor Reservation0 shares18,40,000 shares
Market Maker Reservation2,30,000 shares3,34,000 shares
QIB0 shares12,30,000 shares
NII21,10,000 shares9,28,000 shares
RII21,10,000 shares21,64,000 shares
Employee0 shares50,000 shares
Total42,20,000 shares62,12,000 shares

Bids Received (Subscription)

Gujarat Hy-Spin IPO subscribed 4.81x in total, whereas Sintercom India IPO subscribed 38.92x.

 Gujarat Hy-Spin IPOSintercom India IPO
QIB (times)14.52x
NII (times)1.89x202.91x
RII (times)7.73x16.35x
Employee (times)3.92x
Total (times)4.81x38.92x

Compare with others

Compare:

Gujarat Hy-Spin IPO Vs Sintercom India IPO