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Globesecure Technologies IPO vs Le Merite Exports IPO

Comparison between Globesecure Technologies IPO and Le Merite Exports IPO.

IPO Details

Globesecure Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Le Merite Exports IPO is a SME Fixed Price proposed to list at NSE SME.

 Globesecure Technologies IPOLe Merite Exports IPO
LogoGlobesecure Technologies IPO LogoLe Merite Exports IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersFast Track Finsec Pvt.Ltd.Fedex Securities Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNirman Share Brokers Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Globesecure Technologies IPO is up to ₹9.60 Cr whereas the issue size of the Le Merite Exports IPO is up to ₹45.48 Cr. The final issue price of Globesecure Technologies IPO is ₹29.00 per share and of Le Merite Exports IPO is ₹75.00 per share.

 Globesecure Technologies IPOLe Merite Exports IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹29.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1600 shares
Fresh Issue Size33,12,000 shares60,64,000 shares
Fresh Issue Size (Amount)up to ₹9.60 Crup to ₹45.48 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total33,12,000 shares60,64,000 shares
Issue Size Total (Amount)up to ₹9.60 Crup to ₹45.48 Cr

IPO Timetable

Globesecure Technologies IPO opens on May 23, 2022, while Le Merite Exports IPO opens on Apr 25, 2022. The closing date of Globesecure Technologies IPO and Le Merite Exports IPO is May 25, 2022, and Apr 28, 2022, respectively.

 Globesecure Technologies IPOLe Merite Exports IPO
Anchor Bid Date
Issue OpenMay 23, 2022Apr 25, 2022
Issue CloseMay 25, 2022Apr 28, 2022
Basis Of Allotment (Tentative)May 30, 2022
Initiation of Refunds (Tentative)May 31, 2022
Credit of Share (Tentative)May 31, 2022
Listing date (Tentative)Jun 02, 2022May 09, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Globesecure Technologies IPO P/E ratio is 17.9, as compared to Le Merite Exports IPO P/E ratio of 11.09.

 Globesecure Technologies IPOLe Merite Exports IPO
Financials
Globesecure Technologies Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-191565.31042.961.7
31-Mar-202243.21924.311.8
31-Mar-212759.21922.6100.5
31-Dec-2129761117111.2
Amount in ₹ Lakhs
Summary of financial Information
Particulars For the year/period ended (Rs in Lakhs)
31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 17,706.95 9,202.17 5,626.08 5,660.48
Total Revenue 37,087.03 26,913.44 21,728.00 18,093.32
Profit After Tax 1,586.91 705.65 314.62 112.83
Promoter Shareholding (Pre-Issue)58.0599.99
Promoter Shareholding (Post-Issue)35.80
P/E Ratio17.911.09
Market Cap₹26.41 Cr.₹176.11 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Globesecure Technologies IPO Retail Individual Investors (RII) are offered 16,56,000 shares while in Le Merite Exports IPO retail investors are offered 16,56,000 shares. Qualified Institutional Buyers (QIB) are offered in Globesecure Technologies IPO and in Le Merite Exports IPO.

 Globesecure Technologies IPOLe Merite Exports IPO
Anchor Investor Reserveration
Market Maker Reserveration1,80,000 shares3,36,000 shares
QIB
NII16,56,000 shares30,32,000 shares
RII16,56,000 shares30,32,000 shares
Employee
Others
Total33,12,000 shares60,64,000 shares

Bids Received (Subscription)

Globesecure Technologies IPO subscribed 14.17x in total, whereas Le Merite Exports IPO subscribed 15.69x.

 Globesecure Technologies IPOLe Merite Exports IPO
QIB (times)
NII (times)23.70x15.27x
Big NII (times)
Small NII (times)
RII (times)4.64x16.10x
Employee (times)
Other (times)
Total (times)14.17x15.69x