Globe Textiles IPO vs Jalan Transolutions IPO

Comparison between Globe Textiles IPO and Jalan Transolutions IPO.

IPO Details

Globe Textiles IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jalan Transolutions IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Globe Textiles IPO is up to ₹12.97 Cr whereas the issue size of the Jalan Transolutions IPO is up to ₹16.81 Cr. The final issue price of Globe Textiles IPO is ₹51.00 per share and of Jalan Transolutions IPO is ₹46.00 per share.

 Globe Textiles IPOJalan Transolutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹46.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size12,24,000 shares36,54,000 shares
Fresh Issue Size (Amount)up to ₹6.24 Crup to ₹16.81 Cr
OFS Issue Size13,20,000 shares0 shares
OFS Issue Size (Amount)up to ₹6.73 Crup to ₹0.00 Cr
Issue Size Total25,44,000 shares36,54,000 shares
Issue Size Total (Amount)up to ₹12.97 Crup to ₹16.81 Cr

IPO Timetable

Globe Textiles IPO opens on Jun 12, 2017, while Jalan Transolutions IPO opens on May 18, 2017. The closing date of Globe Textiles IPO and Jalan Transolutions IPO is Jun 15, 2017, and May 23, 2017, respectively.

 Globe Textiles IPOJalan Transolutions IPO
Issue OpenJun 12, 2017May 18, 2017
Issue CloseJun 15, 2017May 23, 2017
Basis Of Allotment (Tentative)Jun 20, 2017May 26, 2017
Listing date (Tentative)Jun 23, 2017May 31, 2017

Financials & KPIs

Globe Textiles IPO P/E ratio is , as compared to Jalan Transolutions IPO P/E ratio of .

 Globe Textiles IPOJalan Transolutions IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets110.1082.8270.65
Total Income191.86183.16175.26
Profit After Tax3.251.572.44
NET Worth24.8621.6220.04
Reserves and Surplus16.1518.7117.14
Total Borrowing51.8138.9529.05
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jan 201731 Mar 201631 Mar 201531 Mar 2014
Assets101.9485.5673.0868.51
Total Income106.27115.6993.4274.16
Profit After Tax3.362.920.690.70
NET Worth16.8413.4810.308.31
Reserves and Surplus6.166.353.442.75
Total Borrowing70.2366.9458.7156.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.32%73.52%
Market Cap₹51.39 Cr.₹66.87 Cr.

Shares Offered

In the Globe Textiles IPO Retail Individual Investors (RII) are offered 12,72,000 shares while in Jalan Transolutions IPO retail investors are offered 12,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Globe Textiles IPO and in Jalan Transolutions IPO.

 Globe Textiles IPOJalan Transolutions IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,44,000 shares1,95,000 shares
QIB0 shares
NII12,72,000 shares18,27,000 shares
RII12,72,000 shares18,27,000 shares
Employee0 shares
Total25,44,000 shares36,54,000 shares

Bids Received (Subscription)

Globe Textiles IPO subscribed 2.62x in total, whereas Jalan Transolutions IPO subscribed 2.77x.

 Globe Textiles IPOJalan Transolutions IPO
NII (times)1.50x2.73x
RII (times)3.74x2.81x
Total (times)2.62x2.77x

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Globe Textiles IPO Vs Jalan Transolutions IPO