Gujarat Hy-Spin IPO vs Solex Energy IPO

Comparison between Gujarat Hy-Spin IPO and Solex Energy IPO.

IPO Details

Gujarat Hy-Spin IPO is a SME Fixed Price IPO proposed to list at BSE SME while Solex Energy IPO is a SME Fixed Price 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 Solex Energy IPO is up to ₹6.80 Cr. The final issue price of Gujarat Hy-Spin IPO is ₹10.00 per share and of Solex Energy IPO is ₹52.00 per share.

 Gujarat Hy-Spin IPOSolex Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹52.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares2000 shares
Fresh Issue Size0 shares13,08,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹6.80 Cr
OFS Issue Size42,20,000 shares0 shares
OFS Issue Size (Amount)up to ₹4.22 Crup to ₹0.00 Cr
Issue Size Total42,20,000 shares13,08,000 shares
Issue Size Total (Amount)up to ₹4.22 Crup to ₹6.80 Cr

IPO Timetable

Gujarat Hy-Spin IPO opens on Jan 25, 2018, while Solex Energy IPO opens on Jan 22, 2018. The closing date of Gujarat Hy-Spin IPO and Solex Energy IPO is Jan 31, 2018, and Jan 25, 2018, respectively.

 Gujarat Hy-Spin IPOSolex Energy IPO
Issue OpenJan 25, 2018Jan 22, 2018
Issue CloseJan 31, 2018Jan 25, 2018
Basis Of Allotment (Tentative)Feb 05, 2018Jan 31, 2018
Listing date (Tentative)Feb 08, 2018Feb 05, 2018

Financials & KPIs

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

 Gujarat Hy-Spin IPOSolex Energy 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 Ended31 Jul 201731 Mar 201731 Mar 201631 Mar 2015
Assets21.9824.9614.788.59
Total Income6.3534.5046.626.37
Profit After Tax0.310.920.390.10
NET Worth3.933.621.980.92
Reserves and Surplus1.711.400.480.10
Total Borrowing2.540.853.533.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%97.73%
Promoter Shareholding (Post-Issue)55.11%70.43%
Market Cap₹16.75 Cr.₹25.69 Cr.

Shares Offered

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

 Gujarat Hy-Spin IPOSolex Energy IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,30,000 shares72,000 shares
QIB0 shares0 shares
NII21,10,000 shares6,54,000 shares
RII21,10,000 shares6,54,000 shares
Employee0 shares0 shares
Total42,20,000 shares13,08,000 shares

Bids Received (Subscription)

Gujarat Hy-Spin IPO subscribed 4.81x in total, whereas Solex Energy IPO subscribed 20.16x.

 Gujarat Hy-Spin IPOSolex Energy IPO
NII (times)1.89x15.40x
RII (times)7.73x24.91x
Total (times)4.81x20.16x

Compare with others

Compare:

Gujarat Hy-Spin IPO Vs Solex Energy IPO