Comparison between Gretex Corporate IPO and Rex Pipes IPO.
Gretex Corporate IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rex Pipes IPO is a SME Fixed Price proposed to list at NSE SME.
| Gretex Corporate IPO | Rex Pipes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Navigant Corporate Advisors Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Intellect Stock Broking 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 Corporate IPO is up to ₹4.87 Cr whereas the issue size of the Rex Pipes IPO is up to ₹5.93 Cr. The final issue price of Gretex Corporate IPO is ₹170.00 per share and of Rex Pipes IPO is ₹26.00 per share.
| Gretex Corporate IPO | Rex Pipes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹170.00 per share | ₹26.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 4000 shares |
| Fresh Issue Size | 2,22,400 shares | 22,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.78 Cr | up to ₹5.93 Cr |
| OFS Issue Size | 64,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1.09 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,86,400 shares | 22,80,000 shares |
| Issue Size Total (Amount) | up to ₹4.87 Cr | up to ₹5.93 Cr |
Gretex Corporate IPO opens on Jul 27, 2021, while Rex Pipes IPO opens on Jul 28, 2021. The closing date of Gretex Corporate IPO and Rex Pipes IPO is Jul 30, 2021, and Aug 02, 2021, respectively.
| Gretex Corporate IPO | Rex Pipes IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 27, 2021 | Jul 28, 2021 |
| Issue Close | Jul 30, 2021 | Aug 02, 2021 |
| Basis Of Allotment (Tentative) | Aug 04, 2021 | Aug 05, 2021 |
| Initiation of Refunds (Tentative) | Aug 05, 2021 | Aug 06, 2021 |
| Credit of Share (Tentative) | Aug 06, 2021 | Aug 09, 2021 |
| Listing date (Tentative) | Aug 09, 2021 | Aug 10, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gretex Corporate IPO P/E ratio is , as compared to Rex Pipes IPO P/E ratio of .
| Gretex Corporate IPO | Rex Pipes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 84.65 | ||||
| Promoter Shareholding (Post-Issue) | 73.48 | 61.03 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹19.33 Cr. | ₹22.36 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Gretex Corporate IPO Retail Individual Investors (RII) are offered 1,43,200 shares while in Rex Pipes IPO retail investors are offered 1,43,200 shares. Qualified Institutional Buyers (QIB) are offered in Gretex Corporate IPO and in Rex Pipes IPO.
| Gretex Corporate IPO | Rex Pipes IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 15,200 shares | 1,20,000 shares |
| QIB | ||
| NII | 1,43,200 shares | 11,40,000 shares |
| RII | 1,43,200 shares | 11,40,000 shares |
| Employee | ||
| Others | ||
| Total | 2,86,400 shares | 22,80,000 shares |
Gretex Corporate IPO subscribed 7.27x in total, whereas Rex Pipes IPO subscribed 23.99x.
| Gretex Corporate IPO | Rex Pipes IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.37x | 6.84x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.17x | 41.13x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.27x | 23.99x |
