Comparison between Gayatri Rubbers IPO and Indong Tea IPO.
IPO Details
Gayatri Rubbers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Indong Tea IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Gayatri Rubbers IPO is up to ₹4.34 Cr whereas the issue size of the Indong Tea IPO is up to ₹12.36 Cr. The final issue price of Gayatri Rubbers IPO is ₹30.00 per share and of Indong Tea IPO is ₹26.00 per share.
IPO Timetable
Gayatri Rubbers IPO opens on Jan 25, 2023, while Indong Tea IPO opens on Feb 09, 2023. The closing date of Gayatri Rubbers IPO and Indong Tea IPO is Jan 30, 2023, and Feb 13, 2023, respectively.
| | Gayatri Rubbers IPO | Indong Tea IPO |
|---|
| Issue Open | Jan 25, 2023 | Feb 09, 2023 |
| Issue Close | Jan 30, 2023 | Feb 13, 2023 |
| Basis Of Allotment (Tentative) | Feb 02, 2023 | Feb 16, 2023 |
| Initiation of Refunds (Tentative) | Feb 03, 2023 | Feb 17, 2023 |
| Credit of Share (Tentative) | Feb 06, 2023 | Feb 20, 2023 |
| Listing date (Tentative) | Feb 07, 2023 | Feb 21, 2023 |
Financials & KPIs
Gayatri Rubbers IPO P/E ratio is 23.62, as compared to Indong Tea IPO P/E ratio of 9.52.
Shares Offered
In the Gayatri Rubbers IPO Retail Individual Investors (RII) are offered 7,24,000 shares while in Indong Tea IPO retail investors are offered 7,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Gayatri Rubbers IPO and in Indong Tea IPO.
| | Gayatri Rubbers IPO | Indong Tea IPO |
|---|
| Market Maker Reservation | 80,000 shares | 5,04,000 shares |
| NII | 7,24,000 shares | 23,76,000 shares |
| RII | 7,24,000 shares | 23,76,000 shares |
| Total | 14,48,000 shares | 47,52,000 shares |
Bids Received (Subscription)
Gayatri Rubbers IPO subscribed 37.94x in total, whereas Indong Tea IPO subscribed 4.97x.
