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Global Education IPO vs Nitiraj Engineers IPO

Comparison between Global Education IPO and Nitiraj Engineers IPO.

IPO Details

Global Education IPO is a SME Fixed Price IPO proposed to list at NSE SME while Nitiraj Engineers IPO is a SME Fixed Price proposed to list at NSE SME.

 Global Education IPONitiraj Engineers IPO
LogoGlobal Education IPO LogoNitiraj Engineers IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Arihant Capital Markets Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Alacrity Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Global Education IPO is up to ₹9.72 Cr whereas the issue size of the Nitiraj Engineers IPO is up to ₹20.90 Cr. The final issue price of Global Education IPO is ₹150.00 per share and of Nitiraj Engineers IPO is ₹100.00 per share.

 Global Education IPONitiraj Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹140.00 per share
Issue Price (Upper)₹150.00 per share
Issue Price (Final)₹150.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares1200 shares
Fresh Issue Size6,48,000 shares20,90,400 shares
Fresh Issue Size (Amount)up to ₹9.72 Crup to ₹20.90 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total6,48,000 shares20,90,400 shares
Issue Size Total (Amount)up to ₹9.72 Crup to ₹20.90 Cr

IPO Timetable

Global Education IPO opens on Feb 16, 2017, while Nitiraj Engineers IPO opens on Feb 20, 2017. The closing date of Global Education IPO and Nitiraj Engineers IPO is Feb 21, 2017, and Mar 01, 2017, respectively.

 Global Education IPONitiraj Engineers IPO
Issue OpenFeb 16, 2017Feb 20, 2017
Issue CloseFeb 21, 2017Mar 01, 2017
Basis Of Allotment (Tentative)Feb 27, 2017Mar 06, 2017
Listing date (Tentative)Mar 02, 2017Mar 09, 2017

Financials & KPIs

Global Education IPO P/E ratio is , as compared to Nitiraj Engineers IPO P/E ratio of .

 Global Education IPONitiraj Engineers IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets17.099.893.722.10
Total Income15.8413.494.982.46
Profit After Tax2.842.821.090.96
NET Worth8.115.282.461.37
Reserves and Surplus7.114.282.421.33
Total Borrowing0.921.830.580.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets50.3349.0937.0632.70
Total Income32.0156.5443.8741.17
Profit After Tax4.515.504.183.89
NET Worth37.6133.4728.0623.87
Reserves and Surplus31.6127.4727.0622.87
Total Borrowing5.427.192.020.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%90.00%
Promoter Shareholding (Post-Issue)72.49%65.85%
Market Cap₹37.25 Cr.₹82.01 Cr.

Shares Offered

In the Global Education IPO Retail Individual Investors (RII) are offered 3,24,000 shares while in Nitiraj Engineers IPO retail investors are offered 3,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Global Education IPO and 0 shares in Nitiraj Engineers IPO.

 Global Education IPONitiraj Engineers IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation35,000 shares1,10,400 shares
QIB0 shares0 shares
NII3,24,000 shares10,45,200 shares
RII3,24,000 shares10,45,200 shares
Employee0 shares0 shares
Total6,48,000 shares20,90,400 shares

Bids Received (Subscription)

Global Education IPO subscribed 85.08x in total, whereas Nitiraj Engineers IPO subscribed 1.43x.

 Global Education IPONitiraj Engineers IPO
NII (times)57.23x1.68x
RII (times)112.93x1.18x
Total (times)85.08x1.43x

Compare with others

Global Education IPONitiraj Engineers IPO
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Akash Infra-Projects IPOSanginita Chemicals IPO
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Tanvi Foods IPORMC Switchgears IPO
Nitiraj Engineers IPOTanvi Foods IPO
Krishana Phoschem IPOGlobal Education IPO
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Madhav Copper IPOSteel City Securities IPO
Super Fine Knitters IPOMadhav Copper IPO
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Compare:

Global Education IPO Vs Nitiraj Engineers IPO