GConnect Logitech IPO vs Radiowalla Network IPO

Comparison between GConnect Logitech IPO and Radiowalla Network IPO.

IPO Details

GConnect Logitech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Radiowalla Network IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of GConnect Logitech IPO is up to ₹5.30 Cr whereas the issue size of the Radiowalla Network IPO is up to ₹13.40 Cr. The final issue price of GConnect Logitech IPO is ₹40.00 per share and of Radiowalla Network IPO is ₹76.00 per share.

 GConnect Logitech IPORadiowalla Network IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹72.00 per share
Issue Price (Upper)₹76.00 per share
Issue Price (Final)₹40.00 per share₹76.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1600 shares
Fresh Issue Size13,26,000 shares17,63,200 shares
Fresh Issue Size (Amount)up to ₹5.30 Crup to ₹13.40 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,26,000 shares17,63,200 shares
Issue Size Total (Amount)up to ₹5.30 Crup to ₹13.40 Cr

IPO Timetable

GConnect Logitech IPO opens on Mar 26, 2024, while Radiowalla Network IPO opens on Mar 27, 2024. The closing date of GConnect Logitech IPO and Radiowalla Network IPO is Mar 28, 2024, and Apr 02, 2024, respectively.

 GConnect Logitech IPORadiowalla Network IPO
Anchor Bid DateMar 26, 2024
Issue OpenMar 26, 2024Mar 27, 2024
Issue CloseMar 28, 2024Apr 02, 2024
Basis Of Allotment (Tentative)Apr 01, 2024Apr 03, 2024
Initiation of Refunds (Tentative)Apr 02, 2024Apr 04, 2024
Credit of Share (Tentative)Apr 02, 2024Apr 04, 2024
Listing date (Tentative)Apr 03, 2024Apr 05, 2024
Anchor Lockin End date 1May 03, 2024
Anchor Lockin End date 2Jul 02, 2024

Financials & KPIs

GConnect Logitech IPO P/E ratio is 1.5, as compared to Radiowalla Network IPO P/E ratio of 38.48.

 GConnect Logitech IPORadiowalla Network IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 2023
Assets4.230.82
Total Income2.131.01
Profit After Tax0.230.11
NET Worth3.980.78
Reserves and Surplus1.660.60
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets8.838.145.285.31
Total Income8.7214.0310.505.90
Profit After Tax1.141.020.470.10
NET Worth5.533.350.36-0.11
Reserves and Surplus5.763.620.580.12
Total Borrowing0.520.790.700.83
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)76.7655.80
Promoter Shareholding (Post-Issue)47.8540.95
P/E Ratio1.538.48
Market Cap₹14.88 Cr.₹53.57 Cr.
ROE5.73%20.62%
ROCE7.67%21.28%
Debt/Equity0.09
EPS₹26.64₹1.98
RoNW5.73%20.62%

Shares Offered

In the GConnect Logitech IPO Retail Individual Investors (RII) are offered 6,63,000 shares while in Radiowalla Network IPO retail investors are offered 6,63,000 shares. Qualified Institutional Buyers (QIB) are offered in GConnect Logitech IPO and 3,53,600 shares in Radiowalla Network IPO.

 GConnect Logitech IPORadiowalla Network IPO
Anchor Investor Reservation5,26,400 shares
Market Maker Reservation75,000 shares1,12,000 shares
QIB3,53,600 shares
NII6,63,000 shares2,65,600 shares
RII6,63,000 shares6,17,600 shares
Employee
Others
Total13,26,000 shares17,63,200 shares

Bids Received (Subscription)

GConnect Logitech IPO subscribed 57.38x in total, whereas Radiowalla Network IPO subscribed 307.54x.

Compare with others

Compare:

GConnect Logitech IPO Vs Radiowalla Network IPO