Comparison between Globesecure Technologies IPO and Rachana Infrastructure IPO.
Globesecure Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rachana Infrastructure IPO is a SME Fixed Price proposed to list at NSE SME.
| Globesecure Technologies IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Novus Capital Advisors Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nirman Share Brokers Pvt.Ltd. | NNM Securities Pvt.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 Globesecure Technologies IPO is up to ₹9.60 Cr whereas the issue size of the Rachana Infrastructure IPO is up to ₹72.44 Cr. The final issue price of Globesecure Technologies IPO is ₹29.00 per share and of Rachana Infrastructure IPO is ₹135.00 per share.
| Globesecure Technologies IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹29.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1000 shares |
| Fresh Issue Size | 33,12,000 shares | 25,41,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.60 Cr | up to ₹34.30 Cr |
| OFS Issue Size | 0 shares | 28,25,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹38.14 Cr |
| Issue Size Total | 33,12,000 shares | 53,66,000 shares |
| Issue Size Total (Amount) | up to ₹9.60 Cr | up to ₹72.44 Cr |
Globesecure Technologies IPO opens on May 23, 2022, while Rachana Infrastructure IPO opens on May 20, 2022. The closing date of Globesecure Technologies IPO and Rachana Infrastructure IPO is May 25, 2022, and Jun 02, 2022, respectively.
| Globesecure Technologies IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 23, 2022 | May 20, 2022 |
| Issue Close | May 25, 2022 | Jun 02, 2022 |
| Basis Of Allotment (Tentative) | May 30, 2022 | |
| Initiation of Refunds (Tentative) | May 31, 2022 | |
| Credit of Share (Tentative) | May 31, 2022 | |
| Listing date (Tentative) | Jun 02, 2022 | Jun 10, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Globesecure Technologies IPO P/E ratio is 17.9, as compared to Rachana Infrastructure IPO P/E ratio of 138.
| Globesecure Technologies IPO | Rachana Infrastructure IPO | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials ()
| |||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 58.05 | 83.44 | |||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 35.80 | ||||||||||||||||||||||||||||
| P/E Ratio | 17.9 | 138 | |||||||||||||||||||||||||||
| Market Cap | ₹26.41 Cr. | ₹256.75 Cr. | |||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||
| Debt/Equity | 0.81 | 0.57 | |||||||||||||||||||||||||||
| EPS | ₹2.01 | ₹8.66 | |||||||||||||||||||||||||||
| RoNW | 13.55 | 11.63 | |||||||||||||||||||||||||||
In the Globesecure Technologies IPO Retail Individual Investors (RII) are offered 16,56,000 shares while in Rachana Infrastructure IPO retail investors are offered 16,56,000 shares. Qualified Institutional Buyers (QIB) are offered in Globesecure Technologies IPO and in Rachana Infrastructure IPO.
| Globesecure Technologies IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,80,000 shares | 2,84,000 shares |
| QIB | ||
| NII | 16,56,000 shares | 26,83,000 shares |
| RII | 16,56,000 shares | 26,83,000 shares |
| Employee | ||
| Others | ||
| Total | 33,12,000 shares | 53,66,000 shares |
Globesecure Technologies IPO subscribed 14.17x in total, whereas Rachana Infrastructure IPO subscribed 1.21x.
| Globesecure Technologies IPO | Rachana Infrastructure IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 23.70x | 1.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.64x | 0.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 14.17x | 1.21x |
