Shree Ganesh Remedies IPO vs Siddharth Education IPO

Comparison between Shree Ganesh Remedies IPO and Siddharth Education IPO.

IPO Details

Shree Ganesh Remedies IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Siddharth Education IPO is a SME Bookbuilding proposed to list at BSE 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 Siddharth Education IPO is up to ₹10.33 Cr. The final issue price of Shree Ganesh Remedies IPO is ₹36.00 per share and of Siddharth Education IPO is ₹35.00 per share.

 Shree Ganesh Remedies IPOSiddharth Education IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹30.00 per share
Issue Price (Upper)₹35.00 per share
Issue Price (Final)₹36.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size22,50,000 shares29,52,000 shares
Fresh Issue Size (Amount)up to ₹8.10 Crup to ₹10.33 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,50,000 shares29,52,000 shares
Issue Size Total (Amount)up to ₹8.10 Crup to ₹10.33 Cr

IPO Timetable

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

 Shree Ganesh Remedies IPOSiddharth Education IPO
Issue OpenSep 28, 2017Sep 29, 2017
Issue CloseOct 05, 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 13, 2017Oct 12, 2017

Financials & KPIs

Shree Ganesh Remedies IPO P/E ratio is , as compared to Siddharth Education IPO P/E ratio of .

 Shree Ganesh Remedies IPOSiddharth Education IPO
Financials

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

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets14.2412.089.07
Total Income4.953.692.08
Profit After Tax0.970.65-0.31
NET Worth5.434.463.81
Reserves and Surplus2.221.250.60
Total Borrowing6.856.654.92
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.31%98.67%
Promoter Shareholding (Post-Issue)62.72%72.22%
Market Cap₹32.30 Cr.₹40.60 Cr.

Shares Offered

In the Shree Ganesh Remedies IPO Retail Individual Investors (RII) are offered 11,25,000 shares while in Siddharth Education 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 Siddharth Education IPO.

 Shree Ganesh Remedies IPOSiddharth Education IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,26,000 shares1,56,000 shares
QIB0 shares0 shares
NII11,25,000 shares14,76,000 shares
RII11,25,000 shares14,76,000 shares
Employee0 shares0 shares
Total22,50,000 shares29,52,000 shares

Bids Received (Subscription)

Shree Ganesh Remedies IPO subscribed 1.77x in total, whereas Siddharth Education IPO subscribed 1.35x.

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Shree Ganesh Remedies IPO Vs Siddharth Education IPO