Comparison between GCM Securities IPO and Opal Luxury Time Products IPO.
GCM Securities IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Opal Luxury Time Products IPO is a SME Bookbuilding proposed to list at NSE SME.
| GCM Securities IPO | Opal Luxury Time Products IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | IDBI CAPITAL MARKETS & SECURITIES LTD. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Bindal Equities Ltd. | IDBI Capital Markets & Securities 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 GCM Securities IPO is up to ₹11.53 Cr whereas the issue size of the Opal Luxury Time Products IPO is up to ₹9.37 Cr. The final issue price of GCM Securities IPO is ₹20.00 per share and of Opal Luxury Time Products IPO is ₹130.00 per share.
| GCM Securities IPO | Opal Luxury Time Products IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹130.00 per share | |
| Issue Price (Upper) | ₹135.00 per share | |
| Issue Price (Final) | ₹20.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1000 shares |
| Fresh Issue Size | 57,66,000 shares | 7,21,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.53 Cr | up to ₹9.37 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 | 57,66,000 shares | 7,21,000 shares |
| Issue Size Total (Amount) | up to ₹11.53 Cr | up to ₹9.37 Cr |
GCM Securities IPO opens on Mar 18, 2013, while Opal Luxury Time Products IPO opens on Mar 25, 2013. The closing date of GCM Securities IPO and Opal Luxury Time Products IPO is Mar 20, 2013, and Mar 28, 2013, respectively.
| GCM Securities IPO | Opal Luxury Time Products IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 18, 2013 | Mar 25, 2013 |
| Issue Close | Mar 20, 2013 | Mar 28, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 05, 2013 | Apr 12, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
GCM Securities IPO P/E ratio is , as compared to Opal Luxury Time Products IPO P/E ratio of .
| GCM Securities IPO | Opal Luxury Time Products IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 61.163 | 35.99 | ||||
| Promoter Shareholding (Post-Issue) | 41.55 | 25.27 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹37.98 Cr. | ₹43.66 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 2.59 | 24.42 |
In the GCM Securities IPO Retail Individual Investors (RII) are offered 28,80,000 shares while in Opal Luxury Time Products IPO retail investors are offered 28,80,000 shares. Qualified Institutional Buyers (QIB) are offered in GCM Securities IPO and 4,75,000 shares in Opal Luxury Time Products IPO.
| GCM Securities IPO | Opal Luxury Time Products IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,30,000 shares | 2,79,000 shares |
| QIB | 4,75,000 shares | |
| NII | 28,80,000 shares | 1,43,000 shares |
| RII | 28,80,000 shares | 3,32,000 shares |
| Employee | ||
| Others | ||
| Total | 57,60,000 shares | 9,50,000 shares |
GCM Securities IPO subscribed 2.54x in total, whereas Opal Luxury Time Products IPO subscribed 0.76x.
| GCM Securities IPO | Opal Luxury Time Products IPO | |
|---|---|---|
| QIB (times) | 1.17x | |
| NII (times) | 2.19x | 0.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.89x | 0.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.54x | 0.76x |
