Comparison between Global Pet Industries IPO and Magson Retail IPO.
IPO Details
Global Pet Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Magson Retail IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Global Pet Industries IPO is up to ₹12.55 Cr whereas the issue size of the Magson Retail IPO is up to ₹13.05 Cr. The final issue price of Global Pet Industries IPO is ₹49.00 per share and of Magson Retail IPO is ₹65.00 per share.
IPO Timetable
Global Pet Industries IPO opens on Jun 28, 2023, while Magson Retail IPO opens on Jun 23, 2023. The closing date of Global Pet Industries IPO and Magson Retail IPO is Jul 03, 2023, and Jun 27, 2023, respectively.
| | Global Pet Industries IPO | Magson Retail IPO |
|---|
| Issue Open | Jun 28, 2023 | Jun 23, 2023 |
| Issue Close | Jul 03, 2023 | Jun 27, 2023 |
| Basis Of Allotment (Tentative) | Jul 06, 2023 | Jul 03, 2023 |
| Initiation of Refunds (Tentative) | Jul 07, 2023 | Jul 04, 2023 |
| Credit of Share (Tentative) | Jul 10, 2023 | Jul 05, 2023 |
| Listing date (Tentative) | Jul 10, 2023 | Jul 06, 2023 |
Financials & KPIs
Global Pet Industries IPO P/E ratio is 23, as compared to Magson Retail IPO P/E ratio of 20.25.
Shares Offered
In the Global Pet Industries IPO Retail Individual Investors (RII) are offered 12,81,000 shares while in Magson Retail IPO retail investors are offered 12,81,000 shares. Qualified Institutional Buyers (QIB) are offered in Global Pet Industries IPO and in Magson Retail IPO.
| | Global Pet Industries IPO | Magson Retail IPO |
|---|
| Market Maker Reservation | 1,38,000 shares | 1,06,000 shares |
| NII | 12,81,000 shares | 10,04,000 shares |
| RII | 12,81,000 shares | 10,04,000 shares |
| Total | 25,62,000 shares | 20,08,000 shares |
Bids Received (Subscription)
Global Pet Industries IPO subscribed 4.29x in total, whereas Magson Retail IPO subscribed 6.74x.