Globesecure Technologies IPO vs Scarnose International IPO

Comparison between Globesecure Technologies IPO and Scarnose International IPO.

IPO Details

Globesecure Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Scarnose International IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Globesecure Technologies IPO is up to ₹9.60 Cr whereas the issue size of the Scarnose International IPO is up to ₹6.27 Cr. The final issue price of Globesecure Technologies IPO is ₹29.00 per share and of Scarnose International IPO is ₹55.00 per share.

 Globesecure Technologies IPOScarnose International IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹29.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size33,12,000 shares11,40,000 shares
Fresh Issue Size (Amount)up to ₹9.60 Crup to ₹6.27 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total33,12,000 shares11,40,000 shares
Issue Size Total (Amount)up to ₹9.60 Crup to ₹6.27 Cr

IPO Timetable

Globesecure Technologies IPO opens on May 23, 2022, while Scarnose International IPO opens on Jun 14, 2022. The closing date of Globesecure Technologies IPO and Scarnose International IPO is May 25, 2022, and Jun 17, 2022, respectively.

 Globesecure Technologies IPOScarnose International IPO
Issue OpenMay 23, 2022Jun 14, 2022
Issue CloseMay 25, 2022Jun 17, 2022
Basis Of Allotment (Tentative)May 30, 2022Jun 22, 2022
Initiation of Refunds (Tentative)May 31, 2022Jun 23, 2022
Credit of Share (Tentative)May 31, 2022Jun 24, 2022
Listing date (Tentative)Jun 02, 2022Jun 27, 2022

Financials & KPIs

Globesecure Technologies IPO P/E ratio is 17.9, as compared to Scarnose International IPO P/E ratio of 51.89.

 Globesecure Technologies IPOScarnose International 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)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets12.424.5812.05
Total Income95.9332.5612.05
Profit After Tax0.330.230.03
NET Worth3.391.910.04
Reserves and Surplus1.441.490.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)58.05%99.99%
Promoter Shareholding (Post-Issue)35.8%61.9%
P/E Ratio17.951.89
Market Cap₹26.41 Cr.₹17.33 Cr.
Debt/Equity0.810.85
EPS₹2.01₹1.76
RoNW13.559.86

Shares Offered

In the Globesecure Technologies IPO Retail Individual Investors (RII) are offered 16,56,000 shares while in Scarnose International IPO retail investors are offered 16,56,000 shares. Qualified Institutional Buyers (QIB) are offered in Globesecure Technologies IPO and in Scarnose International IPO.

 Globesecure Technologies IPOScarnose International IPO
Market Maker Reservation1,80,000 shares60,000 shares
NII16,56,000 shares5,70,000 shares
RII16,56,000 shares5,70,000 shares
Total33,12,000 shares11,40,000 shares

Bids Received (Subscription)

Globesecure Technologies IPO subscribed 14.17x in total, whereas Scarnose International IPO subscribed 2.22x.

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