Comparison between Gem Aromatics IPO and Smartworks Coworking Spaces IPO.
Gem Aromatics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Smartworks Coworking Spaces IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Gem Aromatics IPO is up to ₹451.25 Cr whereas the issue size of the Smartworks Coworking Spaces IPO is up to ₹582.56 Cr. The final issue price of Gem Aromatics IPO is ₹325.00 per share and of Smartworks Coworking Spaces IPO is ₹407.00 per share.
| Gem Aromatics IPO | Smartworks Coworking Spaces IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹309.00 per share | ₹387.00 per share |
| Issue Price (Upper) | ₹325.00 per share | ₹407.00 per share |
| Issue Price (Final) | ₹325.00 per share | ₹407.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹37.00 per share | |
| Market Lot Size | 46 shares | 36 shares |
| Fresh Issue Size | 53,84,615 shares | 1,09,41,734 shares |
| Fresh Issue Size (Amount) | up to ₹175.00 Cr | up to ₹445.08 Cr |
| OFS Issue Size | 85,00,000 shares | 33,79,740 shares |
| OFS Issue Size (Amount) | up to ₹276.25 Cr | up to ₹137.48 Cr |
| Issue Size Total | 1,38,84,615 shares | 1,43,21,474 shares |
| Issue Size Total (Amount) | up to ₹451.25 Cr | up to ₹582.56 Cr |
Gem Aromatics IPO opens on Aug 19, 2025, while Smartworks Coworking Spaces IPO opens on Jul 10, 2025. The closing date of Gem Aromatics IPO and Smartworks Coworking Spaces IPO is Aug 21, 2025, and Jul 14, 2025, respectively.
| Gem Aromatics IPO | Smartworks Coworking Spaces IPO | |
|---|---|---|
| Anchor Bid Date | Aug 18, 2025 | Jul 09, 2025 |
| Issue Open | Aug 19, 2025 | Jul 10, 2025 |
| Issue Close | Aug 21, 2025 | Jul 14, 2025 |
| Basis Of Allotment (Tentative) | Aug 22, 2025 | Jul 15, 2025 |
| Initiation of Refunds (Tentative) | Aug 25, 2025 | Jul 16, 2025 |
| Credit of Share (Tentative) | Aug 25, 2025 | Jul 16, 2025 |
| Listing date (Tentative) | Aug 26, 2025 | Jul 17, 2025 |
| Anchor Lockin End date 1 | Sep 20, 2025 | Aug 13, 2025 |
| Anchor Lockin End date 2 | Nov 19, 2025 | Oct 12, 2025 |
Gem Aromatics IPO P/E ratio is 28.52, as compared to Smartworks Coworking Spaces IPO P/E ratio of .
| Gem Aromatics IPO | Smartworks Coworking Spaces IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Gem Aromatics Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 7% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Smartworks Coworking Spaces Ltd.'s revenue increased by 27% and profit after tax (PAT) dropped by 26% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 75 | 65.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.06 | 58.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1697.71 Cr. | ₹4644.82 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.80% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.02% | 42.30% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.78 | 2.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.39 | ₹-6.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.80% | -58.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gem Aromatics IPO Retail Individual Investors (RII) are offered 48,59,616 shares while in Smartworks Coworking Spaces IPO retail investors are offered 48,59,616 shares. Qualified Institutional Buyers (QIB) are offered 27,76,923 shares in Gem Aromatics IPO and 28,44,252 shares in Smartworks Coworking Spaces IPO.
| Gem Aromatics IPO | Smartworks Coworking Spaces IPO | |
|---|---|---|
| Anchor Investor Reservation | 41,65,383 shares | 42,66,378 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 27,76,923 shares | 28,44,252 shares |
| NII | 20,82,693 shares | 21,33,190 shares |
| RII | 48,59,616 shares | 49,77,443 shares |
| Employee | 0 shares | 1,01,351 shares |
| Others | ||
| Total | 1,38,84,615 shares | 1,43,22,614 shares |
Gem Aromatics IPO subscribed 30.45x in total, whereas Smartworks Coworking Spaces IPO subscribed 13.92x.
| Gem Aromatics IPO | Smartworks Coworking Spaces IPO | |
|---|---|---|
| QIB (times) | 53.76x | 24.92x |
| NII (times) | 45.96x | 23.68x |
| Big NII (times) | 48.48x | 28.21x |
| Small NII (times) | 40.91x | 14.62x |
| RII (times) | 10.49x | 3.69x |
| Employee (times) | 2.51x | |
| Other (times) | ||
| Total (times) | 30.45x | 13.92x |
