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GLEN Industries IPO vs NovaVente IPO

Comparison between GLEN Industries IPO and NovaVente IPO.

IPO Details

GLEN Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while NovaVente IPO is a SME Bookbuilding proposed to list at NSE SME.

 GLEN Industries IPONovaVente IPO
LogoGLEN Industries IPO LogoNovaVente IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Khambatta Securities Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of GLEN Industries IPO is up to ₹59.79 Cr whereas the issue size of the NovaVente IPO is up to ₹0.00 Cr. The final issue price of GLEN Industries IPO is ₹97.00 per share and of NovaVente IPO is .

 GLEN Industries IPONovaVente IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹92.00 per share
Issue Price (Upper)₹97.00 per share
Issue Price (Final)₹97.00 per share
Discount (Retail)
Discount (Employee)₹5.00 per share
Market Lot Size1200 shares
Fresh Issue Size61,71,600 shares13,34,000 shares
Fresh Issue Size (Amount)up to ₹59.79 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total61,71,600 shares13,34,000 shares
Issue Size Total (Amount)up to ₹59.79 Crup to ₹0.00 Cr

IPO Timetable

GLEN Industries IPO opens on Jul 08, 2025, while NovaVente IPO opens on . The closing date of GLEN Industries IPO and NovaVente IPO is Jul 10, 2025, and , respectively.

 GLEN Industries IPONovaVente IPO
Anchor Bid DateJul 07, 2025
Issue OpenJul 08, 2025
Issue CloseJul 10, 2025
Basis Of Allotment (Tentative)Jul 11, 2025
Initiation of Refunds (Tentative)Jul 14, 2025
Credit of Share (Tentative)Jul 14, 2025
Listing date (Tentative)Jul 15, 2025
Anchor Lockin End date 1Aug 10, 2025
Anchor Lockin End date 2Oct 09, 2025

Financials & KPIs

GLEN Industries IPO P/E ratio is 9.33, as compared to NovaVente IPO P/E ratio of .

 GLEN Industries IPONovaVente IPO
Financials

GLEN Industries Limited Financial Information (Restated Consolidated)

GLEN Industries Limited's revenue increased by 18% and profit after tax (PAT) rose by 113% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets214.36160.31137.07
Total Income171.28145.22119.59
Profit After Tax18.278.581.49
EBITDA40.4324.8713.89
Net Worth40.2126.6518.07
Reserves and Surplus40.8039.1630.67
Total Borrowing132.8388.8381.65
Amount in ₹ Crore

NovaVente Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets9.995.373.222.03
Total Income6.596.474.163.28
Profit After Tax1.941.980.860.54
Net Worth6.044.12.121.26
Reserves and Surplus6.034.092.111.25
Total Borrowing00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0099.98
Promoter Shareholding (Post-Issue)72.99
P/E Ratio9.33
Market Cap₹233.40 Cr.
ROE48.36%
ROCE16.94%65.43%
Debt/Equity2.28
EPS₹10.40
RoNW45.43%48.36%

Shares Offered

In the GLEN Industries IPO Retail Individual Investors (RII) are offered 21,07,200 shares while in NovaVente IPO retail investors are offered 21,07,200 shares. Qualified Institutional Buyers (QIB) are offered 12,04,800 shares in GLEN Industries IPO and in NovaVente IPO.

 GLEN Industries IPONovaVente IPO
Anchor Investor Reserveration18,00,000 shares
Market Maker Reserveration3,25,200 shares67,000 shares
QIB12,04,800 shares
NII9,06,000 shares
RII21,07,200 shares
Employee1,53,600 shares
Others
Total61,71,600 shares

Bids Received (Subscription)

GLEN Industries IPO subscribed 260.28x in total, whereas NovaVente IPO subscribed .

 GLEN Industries IPONovaVente IPO
QIB (times)192.46x
NII (times)476.25x
Big NII (times)588.85x
Small NII (times)251.24x
RII (times)225.15x
Employee (times)0.36x
Other (times)
Total (times)260.28x