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Grand Continent Hotels IPO vs Sundrex Oil IPO

Comparison between Grand Continent Hotels IPO and Sundrex Oil IPO.

IPO Details

Grand Continent Hotels IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sundrex Oil IPO is a SME Bookbuilding proposed to list at NSE SME.

 Grand Continent Hotels IPOSundrex Oil IPO
LogoGrand Continent Hotels IPO LogoSundrex Oil IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersIndorient Financial Services Ltd.Affinity Global Capital Market Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerAlacrity Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Grand Continent Hotels IPO is up to ₹70.73 Cr whereas the issue size of the Sundrex Oil IPO is up to ₹0.00 Cr. The final issue price of Grand Continent Hotels IPO is ₹113.00 per share and of Sundrex Oil IPO is .

 Grand Continent Hotels IPOSundrex Oil IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹107.00 per share
Issue Price (Upper)₹113.00 per share
Issue Price (Final)₹113.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1200 shares
Fresh Issue Size59,30,400 shares37,50,400 shares
Fresh Issue Size (Amount)up to ₹67.01 Crup to ₹0.00 Cr
OFS Issue Size3,28,800 shares0 shares
OFS Issue Size (Amount)up to ₹3.72 Crup to ₹0.00 Cr
Issue Size Total62,59,200 shares37,50,400 shares
Issue Size Total (Amount)up to ₹70.73 Crup to ₹0.00 Cr

IPO Timetable

Grand Continent Hotels IPO opens on Mar 20, 2025, while Sundrex Oil IPO opens on . The closing date of Grand Continent Hotels IPO and Sundrex Oil IPO is Mar 24, 2025, and , respectively.

 Grand Continent Hotels IPOSundrex Oil IPO
Anchor Bid DateMar 19, 2025
Issue OpenMar 20, 2025
Issue CloseMar 24, 2025
Basis Of Allotment (Tentative)Mar 25, 2025
Initiation of Refunds (Tentative)Mar 26, 2025
Credit of Share (Tentative)Mar 26, 2025
Listing date (Tentative)Mar 27, 2025
Anchor Lockin End date 1Apr 24, 2025
Anchor Lockin End date 2Jun 23, 2025

Financials & KPIs

Grand Continent Hotels IPO P/E ratio is 51.24, as compared to Sundrex Oil IPO P/E ratio of .

 Grand Continent Hotels IPOSundrex Oil IPO
Financials

Grand Continent Hotels Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets97.9473.9142.2634.37
Total Income31.8631.5317.056.03
Profit After Tax6.814.121.05-0.79
Net Worth40.1829.990.59-1.63
Reserves and Surplus22.3626-0.42-2.64
Total Borrowing40.2234.9637.0734.72
Amount in ₹ Crore

Sundrex Oil Company Limited Financial Information (Restated)

Sundrex Oil Company Limited's revenue increased by 41% and profit after tax (PAT) rose by 112% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets38.4324.1514,93,300.00
Total Income69.1249.1927.79
Profit After Tax5.452.570.40
Net Worth15.283.961.39
Reserves and Surplus5.632.790.41
Total Borrowing17.3813.639.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)75.02100.00
Promoter Shareholding (Post-Issue)54.85
P/E Ratio51.24
Market Cap₹281.59 Cr.
ROE25%35.63%
ROCE17%27.13%
Debt/Equity1.131.13
EPS₹2.21
RoNW26.67%35.63%

Shares Offered

In the Grand Continent Hotels IPO Retail Individual Investors (RII) are offered 21,87,600 shares while in Sundrex Oil IPO retail investors are offered 21,87,600 shares. Qualified Institutional Buyers (QIB) are offered 12,49,200 shares in Grand Continent Hotels IPO and in Sundrex Oil IPO.

 Grand Continent Hotels IPOSundrex Oil IPO
Anchor Investor Reserveration18,73,200 shares
Market Maker Reserveration3,30,000 shares
QIB12,49,200 shares
NII9,37,200 shares
RII21,87,600 shares
Employee12,000 shares
Others
Total62,59,200 shares

Bids Received (Subscription)

Grand Continent Hotels IPO subscribed 1.79x in total, whereas Sundrex Oil IPO subscribed .

 Grand Continent Hotels IPOSundrex Oil IPO
QIB (times)2.93x
NII (times)1.39x
Big NII (times)
Small NII (times)
RII (times)1.32x
Employee (times)
Other (times)
Total (times)1.79x