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Getalong Enterprise IPO vs Promax Power IPO

Comparison between Getalong Enterprise IPO and Promax Power IPO.

IPO Details

Getalong Enterprise IPO is a SME Fixed Price IPO proposed to list at BSE SME while Promax Power IPO is a SME Fixed Price proposed to list at BSE SME.

 Getalong Enterprise IPOPromax Power IPO
LogoGetalong Enterprise IPO LogoPromax Power IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersShreni Shares Ltd.Finshore Management Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerShreni Shares Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Getalong Enterprise IPO is up to ₹4.91 Cr whereas the issue size of the Promax Power IPO is up to ₹1.52 Cr. The final issue price of Getalong Enterprise IPO is ₹69.00 per share and of Promax Power IPO is ₹10.00 per share.

 Getalong Enterprise IPOPromax Power IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹69.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares10000 shares
Fresh Issue Size7,12,000 shares15,20,000 shares
Fresh Issue Size (Amount)up to ₹4.91 Crup to ₹1.52 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total7,12,000 shares15,20,000 shares
Issue Size Total (Amount)up to ₹4.91 Crup to ₹1.52 Cr

IPO Timetable

Getalong Enterprise IPO opens on Sep 27, 2021, while Promax Power IPO opens on Sep 30, 2021. The closing date of Getalong Enterprise IPO and Promax Power IPO is Sep 30, 2021, and Oct 04, 2021, respectively.

 Getalong Enterprise IPOPromax Power IPO
Anchor Bid Date
Issue OpenSep 27, 2021Sep 30, 2021
Issue CloseSep 30, 2021Oct 04, 2021
Basis Of Allotment (Tentative)Oct 05, 2021Oct 07, 2021
Initiation of Refunds (Tentative)Oct 06, 2021Oct 08, 2021
Credit of Share (Tentative)Oct 07, 2021Oct 11, 2021
Listing date (Tentative)Oct 08, 2021Oct 12, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Getalong Enterprise IPO P/E ratio is , as compared to Promax Power IPO P/E ratio of .

 Getalong Enterprise IPOPromax Power IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakhs)
31-July-21 31-Mar-21
Total Assets 5,863.88 5,349.13
Total Revenue 1,706.34 6,650.38
Profit After Tax 107.82 85.89
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 204.30 206.64 0.14
Total Revenue 368.89 77.63 NA
Profit After Tax 1.7839 3.1147 (0.0001)
Promoter Shareholding (Pre-Issue)79.6099.99
Promoter Shareholding (Post-Issue)46.9573.33
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Getalong Enterprise IPO Retail Individual Investors (RII) are offered 3,56,000 shares while in Promax Power IPO retail investors are offered 3,56,000 shares. Qualified Institutional Buyers (QIB) are offered in Getalong Enterprise IPO and in Promax Power IPO.

 Getalong Enterprise IPOPromax Power IPO
Anchor Investor Reserveration
Market Maker Reserveration38,000 shares80,000 shares
QIB
NII3,56,000 shares7,60,000 shares
RII3,56,000 shares7,60,000 shares
Employee
Others
Total7,12,000 shares15,20,000 shares

Bids Received (Subscription)

Getalong Enterprise IPO subscribed 2.09x in total, whereas Promax Power IPO subscribed 6.89x.

 Getalong Enterprise IPOPromax Power IPO
QIB (times)
NII (times)2.07x2.39x
Big NII (times)
Small NII (times)
RII (times)2.11x11.38x
Employee (times)
Other (times)
Total (times)2.09x6.89x