Comparison between Grandmaa International IPO and Safety Controls IPO.
Grandmaa International IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Safety Controls IPO is a SME Bookbuilding proposed to list at BSE SME.
| Grandmaa International IPO | Safety Controls IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Interactive Financial Services Ltd. | Sobhagya Capital Options Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Grandmaa International IPO is up to ₹0.00 Cr whereas the issue size of the Safety Controls IPO is up to ₹45.57 Cr. The final issue price of Grandmaa International IPO is and of Safety Controls IPO is ₹80.00 per share.
| Grandmaa International IPO | Safety Controls IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | |
| Issue Price (Upper) | ₹80.00 per share | |
| Issue Price (Final) | ₹80.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | |
| Fresh Issue Size | 30,00,000 shares | 56,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹45.57 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 30,00,000 shares | 56,96,000 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹45.57 Cr |
Grandmaa International IPO opens on , while Safety Controls IPO opens on Apr 06, 2026. The closing date of Grandmaa International IPO and Safety Controls IPO is , and Apr 08, 2026, respectively.
| Grandmaa International IPO | Safety Controls IPO | |
|---|---|---|
| Anchor Bid Date | Apr 02, 2026 | |
| Issue Open | Apr 06, 2026 | |
| Issue Close | Apr 08, 2026 | |
| Basis Of Allotment (Tentative) | Apr 09, 2026 | |
| Initiation of Refunds (Tentative) | Apr 10, 2026 | |
| Credit of Share (Tentative) | Apr 10, 2026 | |
| Listing date (Tentative) | Apr 13, 2026 | |
| Anchor Lockin End date 1 | May 08, 2026 | |
| Anchor Lockin End date 2 | Jul 08, 2026 |
Grandmaa International IPO P/E ratio is , as compared to Safety Controls IPO P/E ratio of 12.3.
| Grandmaa International IPO | Safety Controls IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100% | 66.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 100% | 46.40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹158.62 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.77 | 30.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.08 | 37.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.98 | 0.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.75 | 21.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Grandmaa International IPO Retail Individual Investors (RII) are offered 0 shares while in Safety Controls IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Grandmaa International IPO and 12,00,000 shares in Safety Controls IPO.
| Grandmaa International IPO | Safety Controls IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 15,84,000 shares |
| Market Maker Reservation | 0 shares | 3,04,000 shares |
| QIB | 0 shares | 12,00,000 shares |
| NII | 0 shares | 8,64,000 shares |
| RII | 0 shares | 20,48,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 0 shares | 56,96,000 shares |
Grandmaa International IPO subscribed in total, whereas Safety Controls IPO subscribed 0.92x.
| Grandmaa International IPO | Safety Controls IPO | |
|---|---|---|
| QIB (times) | 1.31x | |
| NII (times) | 2.45x | |
| Big NII (times) | 3.37x | |
| Small NII (times) | 0.61x | |
| RII (times) | 0.76x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.92x |
