GRE Renew Enertech IPO vs Ikeda IPO

Comparison between GRE Renew Enertech IPO and Ikeda IPO.

IPO Details

GRE Renew Enertech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ikeda IPO is a SME Bookbuilding proposed to list at BSE SME.

	GRE Renew Enertech IPO	Ikeda IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	BSE SME	BSE SME
Lead Managers	Share India Capital Services Pvt.Ltd.	Fast Track Finsec Pvt.Ltd.
Registrar	Maashitla Securities Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of GRE Renew Enertech IPO is up to ₹0.00 Cr whereas the issue size of the Ikeda IPO is up to ₹0.00 Cr. The final issue price of GRE Renew Enertech IPO is and of Ikeda IPO is .

	GRE Renew Enertech IPO	Ikeda IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size	37,68,000 shares	26,28,000 shares
Fresh Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
OFS Issue Size	0 shares	10,65,600 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	37,68,000 shares	36,93,600 shares
Issue Size Total (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr

IPO Timetable

GRE Renew Enertech IPO opens on , while Ikeda IPO opens on . The closing date of GRE Renew Enertech IPO and Ikeda IPO is , and , respectively.

	GRE Renew Enertech IPO	Ikeda IPO
Anchor Bid Date
Issue Open
Issue Close
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

GRE Renew Enertech IPO P/E ratio is , as compared to Ikeda IPO P/E ratio of .

GRE Renew Enertech IPO

Ikeda IPO

Financials

GRE Renew Enertech Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	49.18	51.67	19.11
Total Income	92.15	53.11	37.12
Profit After Tax	9.89	0.86	0.91
Net Worth	21.05	11.14	9.78
Reserves and Surplus	19.8	9.89	8.53
Total Borrowing	4.57	4.75	7.75
Amount in ₹ Crore

Ikeda Limited Financial Information (Restated Consolidated)

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	27.98	24.56	6.97	3.45
Total Income	41.23	50.39	25.13	104.08
Profit After Tax	3.19	2.98	0.32	0.22
Net Worth	17.79	14.6	2.56	0.81
Reserves and Surplus	6.4	11.75	0.57	0.36
Total Borrowing	0.74	3.35	3.17	0.07
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

95.05

54.83

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

46.99%

34.78%

ROCE

56.00%

27%

Debt/Equity

0.22

0.23

EPS

RoNW

69.05%

31.44%

Shares Offered

In the GRE Renew Enertech IPO Retail Individual Investors (RII) are offered while in Ikeda IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in GRE Renew Enertech IPO and in Ikeda IPO.

	GRE Renew Enertech IPO	Ikeda IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,95,600 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

GRE Renew Enertech IPO subscribed in total, whereas Ikeda IPO subscribed .

	GRE Renew Enertech IPO	Ikeda IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

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