Comparison between Grover Jewells IPO and Parmeshwar Recycling IPO.
Grover Jewells IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Parmeshwar Recycling IPO is a SME Bookbuilding proposed to list at NSE SME.
The total issue size of Grover Jewells IPO is up to ₹32.13 Cr whereas the issue size of the Parmeshwar Recycling IPO is up to ₹0.00 Cr. The final issue price of Grover Jewells IPO is ₹88.00 per share and of Parmeshwar Recycling IPO is .
| Grover Jewells IPO | Parmeshwar Recycling IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹83.00 per share | |
| Issue Price (Upper) | ₹88.00 per share | |
| Issue Price (Final) | ₹88.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | |
| Fresh Issue Size | 36,51,200 shares | 35,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹32.13 Cr | up to ₹0.00 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 | 36,51,200 shares | 35,00,000 shares |
| Issue Size Total (Amount) | up to ₹32.13 Cr | up to ₹0.00 Cr |
Grover Jewells IPO opens on Feb 04, 2026, while Parmeshwar Recycling IPO opens on . The closing date of Grover Jewells IPO and Parmeshwar Recycling IPO is Feb 06, 2026, and , respectively.
| Grover Jewells IPO | Parmeshwar Recycling IPO | |
|---|---|---|
| Anchor Bid Date | Feb 03, 2026 | |
| Issue Open | Feb 04, 2026 | |
| Issue Close | Feb 06, 2026 | |
| Basis Of Allotment (Tentative) | Feb 09, 2026 | |
| Initiation of Refunds (Tentative) | Feb 10, 2026 | |
| Credit of Share (Tentative) | Feb 10, 2026 | |
| Listing date (Tentative) | Feb 11, 2026 | |
| Anchor Lockin End date 1 | Mar 13, 2026 | |
| Anchor Lockin End date 2 | May 12, 2026 |
Grover Jewells IPO P/E ratio is 12.31, as compared to Parmeshwar Recycling IPO P/E ratio of .
| Grover Jewells IPO | Parmeshwar Recycling IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)
| Company Financials (Restated)Parmeshwar Recycling Ltd.'s revenue increased by 18% and profit after tax (PAT) rose by 195% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹127.66 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 41.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 45 | 13.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.56 | 4.57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.15 | ₹4.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 45.67 | 33.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Grover Jewells IPO Retail Individual Investors (RII) are offered 12,80,000 shares while in Parmeshwar Recycling IPO retail investors are offered 12,80,000 shares. Qualified Institutional Buyers (QIB) are offered 7,29,600 shares in Grover Jewells IPO and 0 shares in Parmeshwar Recycling IPO.
| Grover Jewells IPO | Parmeshwar Recycling IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,92,800 shares | 0 shares |
| Market Maker Reservation | 1,93,600 shares | 0 shares |
| QIB | 7,29,600 shares | 0 shares |
| NII | 5,48,800 shares | 0 shares |
| RII | 12,80,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 36,51,200 shares | 0 shares |
Grover Jewells IPO subscribed 13.43x in total, whereas Parmeshwar Recycling IPO subscribed .
| Grover Jewells IPO | Parmeshwar Recycling IPO | |
|---|---|---|
| QIB (times) | 11.32x | |
| NII (times) | 37.57x | |
| Big NII (times) | 44.63x | |
| Small NII (times) | 23.56x | |
| RII (times) | 15.74x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 13.43x |
