Comparison between Gretex Industries IPO and Jet Knitwears IPO.
Gretex Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jet Knitwears IPO is a SME Fixed Price proposed to list at NSE SME.
| Gretex Industries IPO | Jet Knitwears IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. Indian Overseas Bank | Sarthi Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | BCB Brokerage Pvt.Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Gretex Industries IPO is up to ₹3.76 Cr whereas the issue size of the Jet Knitwears IPO is up to ₹4.00 Cr. The final issue price of Gretex Industries IPO is ₹20.00 per share and of Jet Knitwears IPO is ₹39.00 per share.
| Gretex Industries IPO | Jet Knitwears IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹19.00 per share | |
| Issue Price (Upper) | ₹21.00 per share | |
| Issue Price (Final) | ₹20.00 per share | ₹39.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 3000 shares |
| Fresh Issue Size | 9,54,000 shares | 10,26,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.91 Cr | up to ₹4.00 Cr |
| OFS Issue Size | 9,24,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1.85 Cr | up to ₹0.00 Cr |
| Issue Size Total | 18,78,000 shares | 10,26,000 shares |
| Issue Size Total (Amount) | up to ₹3.76 Cr | up to ₹4.00 Cr |
Gretex Industries IPO opens on Sep 30, 2016, while Jet Knitwears IPO opens on Sep 27, 2016. The closing date of Gretex Industries IPO and Jet Knitwears IPO is Oct 05, 2016, and Sep 29, 2016, respectively.
| Gretex Industries IPO | Jet Knitwears IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2016 | Sep 27, 2016 |
| Issue Close | Oct 05, 2016 | Sep 29, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 14, 2016 | Oct 07, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gretex Industries IPO P/E ratio is , as compared to Jet Knitwears IPO P/E ratio of .
| Gretex Industries IPO | Jet Knitwears IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 61.79 | 99.99 | ||||
| Promoter Shareholding (Post-Issue) | 29.68 | 73.47 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹8.42 Cr. | ₹15.92 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 8.28 | 5.51 |
In the Gretex Industries IPO Retail Individual Investors (RII) are offered 9,42,000 shares while in Jet Knitwears IPO retail investors are offered 9,42,000 shares. Qualified Institutional Buyers (QIB) are offered in Gretex Industries IPO and in Jet Knitwears IPO.
| Gretex Industries IPO | Jet Knitwears IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,02,000 shares | 57,000 shares |
| QIB | ||
| NII | 9,36,000 shares | 5,13,000 shares |
| RII | 9,42,000 shares | 5,13,000 shares |
| Employee | ||
| Others | ||
| Total | 18,78,000 shares | 10,26,000 shares |
Gretex Industries IPO subscribed 1.36x in total, whereas Jet Knitwears IPO subscribed 3.91x.
| Gretex Industries IPO | Jet Knitwears IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.64x | 4.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.08x | 3.01x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.36x | 3.91x |
