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

Globesecure Technologies IPO vs Rachana Infrastructure IPO

Comparison between Globesecure Technologies IPO and Rachana Infrastructure IPO.

IPO Details

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 IPORachana Infrastructure IPO
LogoGlobesecure Technologies IPO LogoRachana Infrastructure IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersNovus Capital Advisors Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNirman Share Brokers Pvt.Ltd.NNM 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 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 IPORachana Infrastructure IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹29.00 per share₹135.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares1000 shares
Fresh Issue Size33,12,000 shares25,41,000 shares
Fresh Issue Size (Amount)up to ₹9.60 Crup to ₹34.30 Cr
OFS Issue Size0 shares28,25,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹38.14 Cr
Issue Size Total33,12,000 shares53,66,000 shares
Issue Size Total (Amount)up to ₹9.60 Crup to ₹72.44 Cr

IPO Timetable

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 IPORachana Infrastructure IPO
Issue OpenMay 23, 2022May 20, 2022
Issue CloseMay 25, 2022Jun 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, 2022Jun 10, 2022

Financials & KPIs

Globesecure Technologies IPO P/E ratio is 17.9, as compared to Rachana Infrastructure IPO P/E ratio of 138.

 Globesecure Technologies IPORachana Infrastructure IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets29.7627.5922.4315.65
Total Income11.1719.2319.2410.43
Profit After Tax1.111.010.120.62
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets87.8580.43106.1879.82
Total Income41.71107.06158.41113.93
Profit After Tax1.404.555.974.66
EBITDA6.0712.6317.7017.14
NET Worth40.7139.1634.5528.44
Reserves and Surplus35.4533.9029.2923.18
Total Borrowing23.2025.4932.9435.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)58.05%83.44%
Promoter Shareholding (Post-Issue)35.8%66.03%
P/E Ratio17.9138
Market Cap₹26.41 Cr.₹256.75 Cr.
Debt/Equity0.810.57
EPS₹2.01₹8.66
RoNW13.5511.63

Shares Offered

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 0 shares in Rachana Infrastructure IPO.

 Globesecure Technologies IPORachana Infrastructure IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,80,000 shares2,84,000 shares
QIB0 shares
NII16,56,000 shares26,83,000 shares
RII16,56,000 shares26,83,000 shares
Employee0 shares
Total33,12,000 shares53,66,000 shares

Bids Received (Subscription)

Globesecure Technologies IPO subscribed 14.17x in total, whereas Rachana Infrastructure IPO subscribed 1.21x.

 Globesecure Technologies IPORachana Infrastructure IPO
NII (times)23.70x1.82x
RII (times)4.64x0.60x
Total (times)14.17x1.21x

Compare with others

Globesecure Technologies IPORachana Infrastructure IPO
KCK Industries IPOGoel Food Products IPO
Goel Food Products IPOScarnose International IPO
Scarnose International IPOSilver Pearl Hospitality IPO
Silver Pearl Hospitality IPOFidel Softech IPO
Fidel Softech IPOGlobesecure Technologies IPO
Rachana Infrastructure IPOSonu Infratech IPO
Sonu Infratech IPONanavati Ventures IPO
Nanavati Ventures IPOFone4 Communications IPO
Fone4 Communications IPOLe Merite Exports IPO
Le Merite Exports IPOShashwat Furnishing IPO

Compare:

Globesecure Technologies IPO Vs Rachana Infrastructure IPO