Gensol Engineering IPO vs Par Drugs IPO

Comparison between Gensol Engineering IPO and Par Drugs IPO.

IPO Details

Gensol Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Par Drugs IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Gensol Engineering IPO is up to ₹17.02 Cr whereas the issue size of the Par Drugs IPO is up to ₹8.10 Cr. The final issue price of Gensol Engineering IPO is ₹83.00 per share and of Par Drugs IPO is ₹51.00 per share.

 Gensol Engineering IPOPar Drugs IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹81.00 per share
Issue Price (Upper)₹83.00 per share
Issue Price (Final)₹83.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1600 shares2000 shares
Fresh Issue Size20,51,200 shares15,88,000 shares
Fresh Issue Size (Amount)up to ₹17.02 Crup to ₹8.10 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,51,200 shares15,88,000 shares
Issue Size Total (Amount)up to ₹17.02 Crup to ₹8.10 Cr

IPO Timetable

Gensol Engineering IPO opens on Sep 30, 2019, while Par Drugs IPO opens on May 03, 2019. The closing date of Gensol Engineering IPO and Par Drugs IPO is Oct 04, 2019, and May 08, 2019, respectively.

 Gensol Engineering IPOPar Drugs IPO
Issue OpenSep 30, 2019May 03, 2019
Issue CloseOct 04, 2019May 08, 2019
Basis Of Allotment (Tentative)Oct 10, 2019May 13, 2019
Initiation of Refunds (Tentative)Oct 11, 2019May 14, 2019
Credit of Share (Tentative)Oct 14, 2019May 15, 2019
Listing date (Tentative)Oct 15, 2019May 16, 2019

Financials & KPIs

Gensol Engineering IPO P/E ratio is , as compared to Par Drugs IPO P/E ratio of .

 Gensol Engineering IPOPar Drugs IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets42.8926.449.97
Total Income83.8569.6462.32
Profit After Tax6.495.341.19
EBITDA10.057.851.82
NET Worth13.046.551.21
Reserves and Surplus7.006.531.20
Total Borrowing8.611.240.39
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets51.3653.9456.04
Total Income46.4142.4248.81
Profit After Tax2.421.501.85
EBITDA5.288.028.50
NET Worth29.1220.7019.20
Reserves and Surplus24.6412.2510.75
Total Borrowing11.5823.1324.81
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96%99.55%
Promoter Shareholding (Post-Issue)70.72%72.5%
Market Cap₹68.08 Cr.₹31.38 Cr.

Shares Offered

In the Gensol Engineering IPO Retail Individual Investors (RII) are offered 10,25,600 shares while in Par Drugs IPO retail investors are offered 10,25,600 shares. Qualified Institutional Buyers (QIB) are offered in Gensol Engineering IPO and in Par Drugs IPO.

 Gensol Engineering IPOPar Drugs IPO
Market Maker Reservation1,08,800 shares84,000 shares
NII10,25,600 shares7,78,000 shares
RII10,25,600 shares7,80,000 shares
Employee30,000 shares
Total20,51,200 shares15,88,000 shares

Bids Received (Subscription)

Gensol Engineering IPO subscribed 1.32x in total, whereas Par Drugs IPO subscribed 5.64x.

 Gensol Engineering IPOPar Drugs IPO
NII (times)2.27x3.48x
RII (times)0.37x7.97x
Employee (times)1.00x
Total (times)1.32x5.64x

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Gensol Engineering IPO Vs Par Drugs IPO