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Global Education IPO vs Tanvi Foods IPO

Comparison between Global Education IPO and Tanvi Foods IPO.

IPO Details

Global Education IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tanvi Foods IPO is a SME Fixed Price proposed to list at BSE SME.

 Global Education IPOTanvi Foods IPO
LogoGlobal Education IPO LogoTanvi Foods IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Global Education IPO is up to ₹9.72 Cr whereas the issue size of the Tanvi Foods IPO is up to ₹6.26 Cr. The final issue price of Global Education IPO is ₹150.00 per share and of Tanvi Foods IPO is ₹60.00 per share.

 Global Education IPOTanvi Foods IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹140.00 per share
Issue Price (Upper)₹150.00 per share
Issue Price (Final)₹150.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares2000 shares
Fresh Issue Size6,48,000 shares6,16,000 shares
Fresh Issue Size (Amount)up to ₹9.72 Crup to ₹3.70 Cr
OFS Issue Size0 shares4,28,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.57 Cr
Issue Size Total6,48,000 shares10,44,000 shares
Issue Size Total (Amount)up to ₹9.72 Crup to ₹6.26 Cr

IPO Timetable

Global Education IPO opens on Feb 16, 2017, while Tanvi Foods IPO opens on Feb 17, 2017. The closing date of Global Education IPO and Tanvi Foods IPO is Feb 21, 2017, and Feb 22, 2017, respectively.

 Global Education IPOTanvi Foods IPO
Issue OpenFeb 16, 2017Feb 17, 2017
Issue CloseFeb 21, 2017Feb 22, 2017
Basis Of Allotment (Tentative)Feb 27, 2017Feb 27, 2017
Listing date (Tentative)Mar 02, 2017Mar 02, 2017

Financials & KPIs

Global Education IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .

 Global Education IPOTanvi Foods IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets17.099.893.722.10
Total Income15.8413.494.982.46
Profit After Tax2.842.821.090.96
NET Worth8.115.282.461.37
Reserves and Surplus7.114.282.421.33
Total Borrowing0.921.830.580.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets24.7322.4517.8910.75
Total Income28.5149.0934.3820.03
Profit After Tax0.541.010.870.21
NET Worth7.567.024.851.97
Reserves and Surplus4.113.582.101.22
Total Borrowing11.3910.9110.374.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%87.23%
Promoter Shareholding (Post-Issue)72.49%62.59%
Market Cap₹37.25 Cr.₹24.70 Cr.

Shares Offered

In the Global Education IPO Retail Individual Investors (RII) are offered 3,24,000 shares while in Tanvi Foods IPO retail investors are offered 3,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Global Education IPO and 0 shares in Tanvi Foods IPO.

 Global Education IPOTanvi Foods IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation35,000 shares56,000 shares
QIB0 shares0 shares
NII3,24,000 shares5,22,000 shares
RII3,24,000 shares5,22,000 shares
Employee0 shares0 shares
Total6,48,000 shares10,44,000 shares

Bids Received (Subscription)

Global Education IPO subscribed 85.08x in total, whereas Tanvi Foods IPO subscribed 1.62x.

 Global Education IPOTanvi Foods IPO
NII (times)57.23x1.87x
RII (times)112.93x1.38x
Total (times)85.08x1.62x

Compare with others

Global Education IPOTanvi Foods IPO
Sanginita Chemicals IPOSarthak Metals IPO
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RMC Switchgears IPOSanginita Chemicals IPO
Tanvi Foods IPOAkash Infra-Projects IPO
Nitiraj Engineers IPORMC Switchgears IPO
Krishana Phoschem IPONitiraj Engineers IPO
Steel City Securities IPOGlobal Education IPO
Madhav Copper IPOKrishana Phoschem IPO
Super Fine Knitters IPOSteel City Securities IPO
Maheshwari Logistics IPOMadhav Copper IPO

Compare:

Global Education IPO Vs Tanvi Foods IPO