Beta Drugs IPO vs Shree Ganesh Remedies IPO

Comparison between Beta Drugs IPO and Shree Ganesh Remedies IPO.

IPO Details

Beta Drugs IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shree Ganesh Remedies IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Beta Drugs IPO is up to ₹18.41 Cr whereas the issue size of the Shree Ganesh Remedies IPO is up to ₹8.10 Cr. The final issue price of Beta Drugs IPO is ₹85.00 per share and of Shree Ganesh Remedies IPO is ₹36.00 per share.

 Beta Drugs IPOShree Ganesh Remedies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹85.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size21,66,400 shares22,50,000 shares
Fresh Issue Size (Amount)up to ₹18.41 Crup to ₹8.10 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,66,400 shares22,50,000 shares
Issue Size Total (Amount)up to ₹18.41 Crup to ₹8.10 Cr

IPO Timetable

Beta Drugs IPO opens on Sep 29, 2017, while Shree Ganesh Remedies IPO opens on Sep 28, 2017. The closing date of Beta Drugs IPO and Shree Ganesh Remedies IPO is Oct 04, 2017, and Oct 05, 2017, respectively.

 Beta Drugs IPOShree Ganesh Remedies IPO
Issue OpenSep 29, 2017Sep 28, 2017
Issue CloseOct 04, 2017Oct 05, 2017
Basis Of Allotment (Tentative)Oct 10, 2017Oct 10, 2017
Initiation of Refunds (Tentative)Oct 11, 2017
Credit of Share (Tentative)Oct 12, 2017
Listing date (Tentative)Oct 12, 2017Oct 13, 2017

Financials & KPIs

Beta Drugs IPO P/E ratio is , as compared to Shree Ganesh Remedies IPO P/E ratio of .

 Beta Drugs IPOShree Ganesh Remedies IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets24.5415.208.01
Total Income41.6826.390.26
Profit After Tax5.181.130.11
NET Worth7.382.201.07
Reserves and Surplus6.371.190.06
Total Borrowing7.527.754.37
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets21.1715.6715.25
Total Income20.3215.8816.99
Profit After Tax2.611.081.27
NET Worth16.5413.9912.90
Reserves and Surplus15.4412.8911.80
Total Borrowing0.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.78%85.31%
Promoter Shareholding (Post-Issue)68.89%62.72%
Market Cap₹73.52 Cr.₹32.30 Cr.

Shares Offered

In the Beta Drugs IPO Retail Individual Investors (RII) are offered 10,83,200 shares while in Shree Ganesh Remedies IPO retail investors are offered 10,83,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Beta Drugs IPO and 0 shares in Shree Ganesh Remedies IPO.

 Beta Drugs IPOShree Ganesh Remedies IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,29,600 shares1,26,000 shares
QIB0 shares0 shares
NII10,83,200 shares11,25,000 shares
RII10,83,200 shares11,25,000 shares
Employee0 shares0 shares
Total21,66,400 shares22,50,000 shares

Bids Received (Subscription)

Beta Drugs IPO subscribed 18.97x in total, whereas Shree Ganesh Remedies IPO subscribed 1.77x.

 Beta Drugs IPOShree Ganesh Remedies IPO
NII (times)29.93x1.42x
RII (times)8.00x2.11x
Total (times)18.97x1.77x

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