Comparison between Gretex Industries IPO and Radhika Jeweltech IPO.
Gretex Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Radhika Jeweltech IPO is a SME Fixed Price proposed to list at BSE SME.
| Gretex Industries IPO | Radhika Jeweltech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. Indian Overseas Bank | Corporate Strategic Allianz Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Satellite Corporate Services Pvt.Ltd. |
| Market Maker | BCB Brokerage 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 Gretex Industries IPO is up to ₹3.76 Cr whereas the issue size of the Radhika Jeweltech IPO is up to ₹47.02 Cr. The final issue price of Gretex Industries IPO is ₹20.00 per share and of Radhika Jeweltech IPO is ₹75.00 per share.
| Gretex Industries IPO | Radhika Jeweltech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹19.00 per share | |
| Issue Price (Upper) | ₹21.00 per share | |
| Issue Price (Final) | ₹20.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1600 shares |
| Fresh Issue Size | 9,54,000 shares | 62,68,800 shares |
| Fresh Issue Size (Amount) | up to ₹1.91 Cr | up to ₹47.02 Cr |
| OFS Issue Size | 9,24,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1.85 Cr | up to ₹0.00 Cr |
| Issue Size Total | 18,78,000 shares | 62,68,800 shares |
| Issue Size Total (Amount) | up to ₹3.76 Cr | up to ₹47.02 Cr |
Gretex Industries IPO opens on Sep 30, 2016, while Radhika Jeweltech IPO opens on Sep 14, 2016. The closing date of Gretex Industries IPO and Radhika Jeweltech IPO is Oct 05, 2016, and Sep 20, 2016, respectively.
| Gretex Industries IPO | Radhika Jeweltech IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2016 | Sep 14, 2016 |
| Issue Close | Oct 05, 2016 | Sep 20, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 14, 2016 | Sep 27, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gretex Industries IPO P/E ratio is , as compared to Radhika Jeweltech IPO P/E ratio of .
| Gretex Industries IPO | Radhika Jeweltech IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 61.79 | |||||
| Promoter Shareholding (Post-Issue) | 29.68 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹8.42 Cr. | ₹177.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 8.28 |
In the Gretex Industries IPO Retail Individual Investors (RII) are offered 9,42,000 shares while in Radhika Jeweltech IPO retail investors are offered 9,42,000 shares. Qualified Institutional Buyers (QIB) are offered in Gretex Industries IPO and in Radhika Jeweltech IPO.
| Gretex Industries IPO | Radhika Jeweltech IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,02,000 shares | 3,31,200 shares |
| QIB | ||
| NII | 9,36,000 shares | 31,34,400 shares |
| RII | 9,42,000 shares | 31,34,400 shares |
| Employee | ||
| Others | ||
| Total | 18,78,000 shares | 62,68,800 shares |
Gretex Industries IPO subscribed 1.36x in total, whereas Radhika Jeweltech IPO subscribed 1.05x.
| Gretex Industries IPO | Radhika Jeweltech IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.64x | 1.92x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.08x | 0.19x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.36x | 1.05x |
