Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

GM Polyplast IPO vs Suratwwala Business Group IPO

Comparison between GM Polyplast IPO and Suratwwala Business Group IPO.

IPO Details

GM Polyplast IPO is a SME Fixed Price IPO proposed to list at BSE SME while Suratwwala Business Group IPO is a SME Fixed Price proposed to list at BSE SME.

 GM Polyplast IPOSuratwwala Business Group IPO
LogoGM Polyplast IPO LogoSuratwwala Business Group IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersGretex Corporate Services Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Hem Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of GM Polyplast IPO is up to ₹7.68 Cr whereas the issue size of the Suratwwala Business Group IPO is up to ₹6.54 Cr. The final issue price of GM Polyplast IPO is ₹159.00 per share and of Suratwwala Business Group IPO is ₹15.00 per share.

 GM Polyplast IPOSuratwwala Business Group IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹159.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares8000 shares
Fresh Issue Size2,97,200 shares43,60,000 shares
Fresh Issue Size (Amount)up to ₹4.73 Crup to ₹6.54 Cr
OFS Issue Size1,86,000 shares0 shares
OFS Issue Size (Amount)up to ₹2.96 Crup to ₹0.00 Cr
Issue Size Total4,83,200 shares43,60,000 shares
Issue Size Total (Amount)up to ₹7.68 Crup to ₹6.54 Cr

IPO Timetable

GM Polyplast IPO opens on Sep 30, 2020, while Suratwwala Business Group IPO opens on Aug 03, 2020. The closing date of GM Polyplast IPO and Suratwwala Business Group IPO is Oct 06, 2020, and Aug 05, 2020, respectively.

 GM Polyplast IPOSuratwwala Business Group IPO
Anchor Bid Date
Issue OpenSep 30, 2020Aug 03, 2020
Issue CloseOct 06, 2020Aug 05, 2020
Basis Of Allotment (Tentative)Oct 09, 2020Aug 10, 2020
Initiation of Refunds (Tentative)Oct 13, 2020Aug 11, 2020
Credit of Share (Tentative)Oct 13, 2020Aug 12, 2020
Listing date (Tentative)Oct 14, 2020Aug 13, 2020
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

GM Polyplast IPO P/E ratio is , as compared to Suratwwala Business Group IPO P/E ratio of 83.

 GM Polyplast IPOSuratwwala Business Group IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lacs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 2,482.68 2,537.03 2,533.25
Total Revenue 6,342.98 6,834.50 5,551.24
Profit After Tax 231.80 138.04 92.20
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
31-March-20 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 5,390.82 4,487.52 3,129.14 2,752.49
Total Revenue 1,088.35 912.62 1,119.91 1,657.82
Profit After Tax 32.46 85.86 296.49 214.38
Promoter Shareholding (Pre-Issue)10099.92
Promoter Shareholding (Post-Issue)73.6573.42
P/E Ratio83
Market Cap₹26.01 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the GM Polyplast IPO Retail Individual Investors (RII) are offered 2,41,600 shares while in Suratwwala Business Group IPO retail investors are offered 2,41,600 shares. Qualified Institutional Buyers (QIB) are offered in GM Polyplast IPO and in Suratwwala Business Group IPO.

 GM Polyplast IPOSuratwwala Business Group IPO
Anchor Investor Reserveration
Market Maker Reserveration25,600 shares2,40,000 shares
QIB
NII2,41,600 shares21,76,000 shares
RII2,41,600 shares21,84,000 shares
Employee
Others
Total4,83,200 shares43,60,000 shares

Bids Received (Subscription)

GM Polyplast IPO subscribed 1.60x in total, whereas Suratwwala Business Group IPO subscribed 1.31x.

 GM Polyplast IPOSuratwwala Business Group IPO
QIB (times)
NII (times)2.13x2.35x
Big NII (times)
Small NII (times)
RII (times)1.07x0.28x
Employee (times)
Other (times)
Total (times)1.60x1.31x