Comparison between Gleam Fabmat IPO and Northern Spirits IPO.
Gleam Fabmat IPO is a SME Fixed Price IPO proposed to list at BSE SME while Northern Spirits IPO is a SME Fixed Price proposed to list at BSE SME.
| Gleam Fabmat IPO | Northern Spirits IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Airan Finstocks 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 Gleam Fabmat IPO is up to ₹2.96 Cr whereas the issue size of the Northern Spirits IPO is up to ₹17.57 Cr. The final issue price of Gleam Fabmat IPO is ₹10.00 per share and of Northern Spirits IPO is ₹43.00 per share.
| Gleam Fabmat IPO | Northern Spirits IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹43.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 3000 shares |
| Fresh Issue Size | 29,60,000 shares | 40,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.96 Cr | up to ₹17.57 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 29,60,000 shares | 40,86,000 shares |
| Issue Size Total (Amount) | up to ₹2.96 Cr | up to ₹17.57 Cr |
Gleam Fabmat IPO opens on Feb 19, 2019, while Northern Spirits IPO opens on Mar 22, 2019. The closing date of Gleam Fabmat IPO and Northern Spirits IPO is Feb 22, 2019, and Mar 27, 2019, respectively.
| Gleam Fabmat IPO | Northern Spirits IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 19, 2019 | Mar 22, 2019 |
| Issue Close | Feb 22, 2019 | Mar 27, 2019 |
| Basis Of Allotment (Tentative) | Feb 27, 2019 | |
| Initiation of Refunds (Tentative) | Feb 28, 2019 | |
| Credit of Share (Tentative) | Mar 01, 2019 | |
| Listing date (Tentative) | Mar 05, 2019 | Apr 04, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gleam Fabmat IPO P/E ratio is , as compared to Northern Spirits IPO P/E ratio of .
| Gleam Fabmat IPO | Northern Spirits IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 90.98 | ||||
| Promoter Shareholding (Post-Issue) | 68.86 | 66.59 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹10.02 Cr. | ₹69.02 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Gleam Fabmat IPO Retail Individual Investors (RII) are offered 14,80,000 shares while in Northern Spirits IPO retail investors are offered 14,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Gleam Fabmat IPO and in Northern Spirits IPO.
| Gleam Fabmat IPO | Northern Spirits IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,60,000 shares | 2,16,000 shares |
| QIB | ||
| NII | 14,80,000 shares | 20,43,000 shares |
| RII | 14,80,000 shares | 20,43,000 shares |
| Employee | ||
| Others | ||
| Total | 29,60,000 shares | 40,86,000 shares |
Gleam Fabmat IPO subscribed 1.75x in total, whereas Northern Spirits IPO subscribed 1.30x.
| Gleam Fabmat IPO | Northern Spirits IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.74x | 1.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.76x | 0.78x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.75x | 1.30x |
