Greenhitech Ventures IPO vs Teerth Gopicon IPO

Comparison between Greenhitech Ventures IPO and Teerth Gopicon IPO.

IPO Details

Greenhitech Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Teerth Gopicon IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Greenhitech Ventures IPO is up to ₹5.97 Cr whereas the issue size of the Teerth Gopicon IPO is up to ₹42.17 Cr. The final issue price of Greenhitech Ventures IPO is ₹50.00 per share and of Teerth Gopicon IPO is ₹111.00 per share.

 Greenhitech Ventures IPOTeerth Gopicon IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹50.00 per share₹111.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares1200 shares
Fresh Issue Size11,94,000 shares37,99,200 shares
Fresh Issue Size (Amount)up to ₹5.97 Crup to ₹42.17 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,94,000 shares37,99,200 shares
Issue Size Total (Amount)up to ₹5.97 Crup to ₹42.17 Cr

IPO Timetable

Greenhitech Ventures IPO opens on Apr 12, 2024, while Teerth Gopicon IPO opens on Apr 08, 2024. The closing date of Greenhitech Ventures IPO and Teerth Gopicon IPO is Apr 16, 2024, and Apr 10, 2024, respectively.

 Greenhitech Ventures IPOTeerth Gopicon IPO
Issue OpenApr 12, 2024Apr 08, 2024
Issue CloseApr 16, 2024Apr 10, 2024
Basis Of Allotment (Tentative)Apr 18, 2024Apr 12, 2024
Initiation of Refunds (Tentative)Apr 19, 2024Apr 15, 2024
Credit of Share (Tentative)Apr 19, 2024Apr 15, 2024
Listing date (Tentative)Apr 22, 2024Apr 16, 2024

Financials & KPIs

Greenhitech Ventures IPO P/E ratio is 30.05, as compared to Teerth Gopicon IPO P/E ratio of 49.55.

 Greenhitech Ventures IPOTeerth Gopicon IPO
Financials

Company Financials (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets26.7827.0831.8923.79
Total Income3.3625.0466.1240.08
Profit After Tax0.360.571.350.24
NET Worth4.573.153.221.41
Reserves and Surplus1.13
Total Borrowing4.323.471.501.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets137.2047.4342.7731.15
Total Income69.7039.1531.2146.21
Profit After Tax7.841.790.150.46
NET Worth15.737.896.095.94
Reserves and Surplus7.732.891.090.94
Total Borrowing9.373.3813.669.34
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%96.5%
Promoter Shareholding (Post-Issue)73.19%64.33%
P/E Ratio30.0549.55
Market Cap₹23.50 Cr.₹133.20 Cr.
ROE8.1766.40
ROCE17.1948.40
Debt/Equity0.950.60
EPS₹1.66₹2.24
RoNW7.8022.72

Shares Offered

In the Greenhitech Ventures IPO Retail Individual Investors (RII) are offered 5,97,000 shares while in Teerth Gopicon IPO retail investors are offered 5,97,000 shares. Qualified Institutional Buyers (QIB) are offered in Greenhitech Ventures IPO and in Teerth Gopicon IPO.

 Greenhitech Ventures IPOTeerth Gopicon IPO
Market Maker Reservation66,000 shares2,00,400 shares
NII5,97,000 shares18,99,600 shares
RII5,97,000 shares18,99,600 shares
Total11,94,000 shares37,99,200 shares

Bids Received (Subscription)

Greenhitech Ventures IPO subscribed 759.50x in total, whereas Teerth Gopicon IPO subscribed 70.73x.

 Greenhitech Ventures IPOTeerth Gopicon IPO
NII (times)921.60x97.12x
RII (times)597.41x44.33x
Total (times)759.50x70.73x

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