ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

GSM Foils IPO vs Piotex Industries IPO

Comparison between GSM Foils IPO and Piotex Industries IPO.

IPO Details

GSM Foils IPO is a SME Fixed Price IPO proposed to list at NSE SME while Piotex Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 GSM Foils IPOPiotex Industries IPO
LogoGSM Foils IPO LogoPiotex Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersShreni Shares Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerShreni Shares Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of GSM Foils IPO is up to ₹10.44 Cr whereas the issue size of the Piotex Industries IPO is up to ₹13.74 Cr. The final issue price of GSM Foils IPO is ₹32.00 per share and of Piotex Industries IPO is ₹94.00 per share.

 GSM Foils IPOPiotex Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹32.00 per share₹94.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares1200 shares
Fresh Issue Size32,64,000 shares14,61,600 shares
Fresh Issue Size (Amount)up to ₹10.44 Crup to ₹13.74 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,64,000 shares14,61,600 shares
Issue Size Total (Amount)up to ₹10.44 Crup to ₹13.74 Cr

IPO Timetable

GSM Foils IPO opens on May 24, 2024, while Piotex Industries IPO opens on May 10, 2024. The closing date of GSM Foils IPO and Piotex Industries IPO is May 28, 2024, and May 14, 2024, respectively.

 GSM Foils IPOPiotex Industries IPO
Issue OpenMay 24, 2024May 10, 2024
Issue CloseMay 28, 2024May 14, 2024
Basis Of Allotment (Tentative)May 29, 2024May 15, 2024
Initiation of Refunds (Tentative)May 30, 2024May 16, 2024
Credit of Share (Tentative)May 30, 2024May 16, 2024
Listing date (Tentative)May 31, 2024May 17, 2024

Financials & KPIs

GSM Foils IPO P/E ratio is 20.98, as compared to Piotex Industries IPO P/E ratio of 11.14.

 GSM Foils IPOPiotex Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets22.0814.3810.517.21
Total Income27.1865.8971.8536.46
Profit After Tax1.251.430.640.34
NET Worth1.278.366.596.58
Reserves and Surplus1.25
Total Borrowing14.132.422.19
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets36.1117.5813.85
Total Income118.9486.6780.46
Profit After Tax3.012.890.74
NET Worth8.974.401.51
Reserves and Surplus5.824.251.36
Total Borrowing4.463.725.29
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%100%
Promoter Shareholding (Post-Issue)73.14%65.94%
P/E Ratio20.9811.14
Market Cap₹41.00 Cr.₹47.97 Cr.
ROE23.6244.99
ROCE1.6033.20
Debt/Equity11.130.50
EPS₹1.53₹8.44
RoNW98.2733.53

Shares Offered

In the GSM Foils IPO Retail Individual Investors (RII) are offered 16,32,000 shares while in Piotex Industries IPO retail investors are offered 16,32,000 shares. Qualified Institutional Buyers (QIB) are offered in GSM Foils IPO and in Piotex Industries IPO.

 GSM Foils IPOPiotex Industries IPO
Market Maker Reservation1,76,000 shares78,000 shares
NII16,32,000 shares7,30,800 shares
RII16,32,000 shares7,30,800 shares
Total32,64,000 shares14,61,600 shares

Bids Received (Subscription)

GSM Foils IPO subscribed 253.31x in total, whereas Piotex Industries IPO subscribed 104.27x.

 GSM Foils IPOPiotex Industries IPO
NII (times)259.51x115.21x
RII (times)247.10x93.33x
Total (times)253.31x104.27x

Compare with others

GSM Foils IPOPiotex Industries IPO
Associated Coaters IPOGSM Foils IPO
TBI Corn IPOVilas Transcore IPO
Z-Tech IPOHOAC Foods IPO
Aimtron Electronics IPORulka Electricals IPO
Beacon Trusteeship IPOQuest Laboratories IPO
Vilas Transcore IPOVeritaas Advertising IPO
HOAC Foods IPOIndian Emulsifiers IPO
Rulka Electricals IPOAztec Fluids IPO
Quest Laboratories IPOPremier Roadlines IPO
Piotex Industries IPOSilkflex Polymers IPO

Compare:

GSM Foils IPO Vs Piotex Industries IPO