Comparison between Gayatri Rubbers IPO and Shera Energy IPO.
IPO Details
Gayatri Rubbers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shera Energy IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Gayatri Rubbers IPO is up to ₹4.34 Cr whereas the issue size of the Shera Energy IPO is up to ₹32.92 Cr. The final issue price of Gayatri Rubbers IPO is ₹30.00 per share and of Shera Energy IPO is ₹57.00 per share.
| | Gayatri Rubbers IPO | Shera Energy IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹55.00 per share |
| Issue Price (Upper) | | ₹57.00 per share |
| Issue Price (Final) | ₹30.00 per share | ₹57.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | ₹0.00 per share |
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 14,48,000 shares | 6,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.34 Cr | up to ₹3.69 Cr |
| OFS Issue Size | 0 shares | 51,28,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹29.23 Cr |
| Issue Size Total | 14,48,000 shares | 57,76,000 shares |
| Issue Size Total (Amount) | up to ₹4.34 Cr | up to ₹32.92 Cr |
IPO Timetable
Gayatri Rubbers IPO opens on Jan 25, 2023, while Shera Energy IPO opens on Feb 07, 2023. The closing date of Gayatri Rubbers IPO and Shera Energy IPO is Jan 30, 2023, and Feb 09, 2023, respectively.
| | Gayatri Rubbers IPO | Shera Energy IPO |
|---|
| Anchor Bid Date | | Feb 06, 2023 |
| Issue Open | Jan 25, 2023 | Feb 07, 2023 |
| Issue Close | Jan 30, 2023 | Feb 09, 2023 |
| Basis Of Allotment (Tentative) | Feb 02, 2023 | Feb 14, 2023 |
| Initiation of Refunds (Tentative) | Feb 03, 2023 | Feb 15, 2023 |
| Credit of Share (Tentative) | Feb 06, 2023 | Feb 16, 2023 |
| Listing date (Tentative) | Feb 07, 2023 | Feb 17, 2023 |
| Anchor Lockin End date 1 | | Mar 16, 2023 |
| Anchor Lockin End date 2 | | May 15, 2023 |
Financials & KPIs
Gayatri Rubbers IPO P/E ratio is 23.62, as compared to Shera Energy IPO P/E ratio of 15.16.
Shares Offered
In the Gayatri Rubbers IPO Retail Individual Investors (RII) are offered 7,24,000 shares while in Shera Energy IPO retail investors are offered 7,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Gayatri Rubbers IPO and 10,06,000 shares in Shera Energy IPO.
| | Gayatri Rubbers IPO | Shera Energy IPO |
|---|
| Anchor Investor Reservation | | 15,00,000 shares |
| Market Maker Reservation | 80,000 shares | 4,00,000 shares |
| QIB | | 10,06,000 shares |
| NII | 7,24,000 shares | 8,20,000 shares |
| RII | 7,24,000 shares | 18,50,000 shares |
| Employee | | 6,00,000 shares |
| Others | | |
| Total | 14,48,000 shares | 57,76,000 shares |
Bids Received (Subscription)
Gayatri Rubbers IPO subscribed 37.94x in total, whereas Shera Energy IPO subscribed 47.36x.