Comparison between Shree Ganesh Remedies IPO and Tirupati Forge IPO.
IPO Details
Shree Ganesh Remedies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tirupati Forge IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Shree Ganesh Remedies IPO is up to ₹8.10 Cr whereas the issue size of the Tirupati Forge IPO is up to ₹4.95 Cr. The final issue price of Shree Ganesh Remedies IPO is ₹36.00 per share and of Tirupati Forge IPO is ₹29.00 per share.
IPO Timetable
Shree Ganesh Remedies IPO opens on Sep 28, 2017, while Tirupati Forge IPO opens on Sep 29, 2017. The closing date of Shree Ganesh Remedies IPO and Tirupati Forge IPO is Oct 05, 2017, and Oct 04, 2017, respectively.
| | Shree Ganesh Remedies IPO | Tirupati Forge IPO |
|---|
| Issue Open | Sep 28, 2017 | Sep 29, 2017 |
| Issue Close | Oct 05, 2017 | Oct 04, 2017 |
| Basis Of Allotment (Tentative) | Oct 10, 2017 | Oct 09, 2017 |
| Initiation of Refunds (Tentative) | Oct 11, 2017 | |
| Credit of Share (Tentative) | Oct 12, 2017 | |
| Listing date (Tentative) | Oct 13, 2017 | Oct 12, 2017 |
Financials & KPIs
Shree Ganesh Remedies IPO P/E ratio is , as compared to Tirupati Forge IPO P/E ratio of .
Shares Offered
In the Shree Ganesh Remedies IPO Retail Individual Investors (RII) are offered 11,25,000 shares while in Tirupati Forge IPO retail investors are offered 11,25,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Shree Ganesh Remedies IPO and 0 shares in Tirupati Forge IPO.
| | Shree Ganesh Remedies IPO | Tirupati Forge IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,26,000 shares | 92,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 11,25,000 shares | 8,54,000 shares |
| RII | 11,25,000 shares | 8,54,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 22,50,000 shares | 17,08,000 shares |
Bids Received (Subscription)
Shree Ganesh Remedies IPO subscribed 1.77x in total, whereas Tirupati Forge IPO subscribed 6.94x.
