Comparison between GLEN Industries IPO and Shree Refrigerations IPO.
GLEN Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shree Refrigerations IPO is a SME Bookbuilding proposed to list at BSE SME.
| GLEN Industries IPO | Shree Refrigerations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Mansi Share & Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of GLEN Industries IPO is up to ₹59.79 Cr whereas the issue size of the Shree Refrigerations IPO is up to ₹111.44 Cr. The final issue price of GLEN Industries IPO is ₹97.00 per share and of Shree Refrigerations IPO is ₹125.00 per share.
| GLEN Industries IPO | Shree Refrigerations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹92.00 per share | ₹119.00 per share |
| Issue Price (Upper) | ₹97.00 per share | ₹125.00 per share |
| Issue Price (Final) | ₹97.00 per share | ₹125.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 1200 shares | 1000 shares |
| Fresh Issue Size | 61,71,600 shares | 70,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹59.79 Cr | up to ₹88.63 Cr |
| OFS Issue Size | 0 shares | 18,25,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹22.81 Cr |
| Issue Size Total | 61,71,600 shares | 89,15,000 shares |
| Issue Size Total (Amount) | up to ₹59.79 Cr | up to ₹111.44 Cr |
GLEN Industries IPO opens on Jul 08, 2025, while Shree Refrigerations IPO opens on Jul 25, 2025. The closing date of GLEN Industries IPO and Shree Refrigerations IPO is Jul 10, 2025, and Jul 29, 2025, respectively.
| GLEN Industries IPO | Shree Refrigerations IPO | |
|---|---|---|
| Anchor Bid Date | Jul 07, 2025 | Jul 24, 2025 |
| Issue Open | Jul 08, 2025 | Jul 25, 2025 |
| Issue Close | Jul 10, 2025 | Jul 29, 2025 |
| Basis Of Allotment (Tentative) | Jul 11, 2025 | Jul 30, 2025 |
| Initiation of Refunds (Tentative) | Jul 14, 2025 | Jul 31, 2025 |
| Credit of Share (Tentative) | Jul 14, 2025 | Jul 31, 2025 |
| Listing date (Tentative) | Jul 15, 2025 | Aug 01, 2025 |
| Anchor Lockin End date 1 | Aug 10, 2025 | Aug 29, 2025 |
| Anchor Lockin End date 2 | Oct 09, 2025 | Oct 28, 2025 |
GLEN Industries IPO P/E ratio is 9.33, as compared to Shree Refrigerations IPO P/E ratio of 23.81.
| GLEN Industries IPO | Shree Refrigerations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | GLEN Industries Limited Financial Information (Restated Consolidated)GLEN Industries Limited's revenue increased by 18% and profit after tax (PAT) rose by 113% between the financial year ending with March 31, 2025 and March 31, 2024.
| Shree Refrigerations Ltd. Financial Information (Restated Consolidated)Shree Refrigerations Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 17% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 56.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.99 | 44.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.33 | 23.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹233.40 Cr. | ₹445.38 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 15.44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.94% | 23.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.28 | 0.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.40 | ₹5.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 45.43% | 15.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GLEN Industries IPO Retail Individual Investors (RII) are offered 21,07,200 shares while in Shree Refrigerations IPO retail investors are offered 21,07,200 shares. Qualified Institutional Buyers (QIB) are offered 12,04,800 shares in GLEN Industries IPO and 17,82,000 shares in Shree Refrigerations IPO.
| GLEN Industries IPO | Shree Refrigerations IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,00,000 shares | 26,73,000 shares |
| Market Maker Reserveration | 3,25,200 shares | 4,71,000 shares |
| QIB | 12,04,800 shares | 17,82,000 shares |
| NII | 9,06,000 shares | 13,38,000 shares |
| RII | 21,07,200 shares | 31,22,000 shares |
| Employee | 1,53,600 shares | 0 shares |
| Others | ||
| Total | 61,71,600 shares | 89,15,000 shares |
GLEN Industries IPO subscribed 260.28x in total, whereas Shree Refrigerations IPO subscribed 187.55x.
| GLEN Industries IPO | Shree Refrigerations IPO | |
|---|---|---|
| QIB (times) | 192.46x | 167.32x |
| NII (times) | 476.25x | 197.01x |
| Big NII (times) | 588.85x | 214.75x |
| Small NII (times) | 251.24x | 158.70x |
| RII (times) | 225.15x | 195.05x |
| Employee (times) | 0.36x | |
| Other (times) | ||
| Total (times) | 260.28x | 187.55x |
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