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TGIF Agribusiness IPO vs Winsol Engineers IPO

Comparison between TGIF Agribusiness IPO and Winsol Engineers IPO.

IPO Details

TGIF Agribusiness IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Winsol Engineers IPO is a SME Bookbuilding proposed to list at NSE SME.

 TGIF Agribusiness IPOWinsol Engineers IPO
LogoTGIF Agribusiness IPO LogoWinsol Engineers IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersHem Securities Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerHem Finlease Pvt.Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of TGIF Agribusiness IPO is up to ₹6.07 Cr whereas the issue size of the Winsol Engineers IPO is up to ₹22.18 Cr. The final issue price of TGIF Agribusiness IPO is ₹93.00 per share and of Winsol Engineers IPO is ₹75.00 per share.

 TGIF Agribusiness IPOWinsol Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹75.00 per share
Issue Price (Final)₹93.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size6,52,800 shares29,56,800 shares
Fresh Issue Size (Amount)up to ₹6.07 Crup to ₹22.18 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total6,52,800 shares29,56,800 shares
Issue Size Total (Amount)up to ₹6.07 Crup to ₹22.18 Cr

IPO Timetable

TGIF Agribusiness IPO opens on May 08, 2024, while Winsol Engineers IPO opens on May 06, 2024. The closing date of TGIF Agribusiness IPO and Winsol Engineers IPO is May 10, 2024, and May 09, 2024, respectively.

 TGIF Agribusiness IPOWinsol Engineers IPO
Anchor Bid DateMay 03, 2024
Issue OpenMay 08, 2024May 06, 2024
Issue CloseMay 10, 2024May 09, 2024
Basis Of Allotment (Tentative)May 13, 2024May 10, 2024
Initiation of Refunds (Tentative)May 14, 2024May 13, 2024
Credit of Share (Tentative)May 14, 2024May 13, 2024
Listing date (Tentative)May 15, 2024May 14, 2024
Anchor Lockin End date 1Jun 09, 2024
Anchor Lockin End date 2Aug 08, 2024

Financials & KPIs

TGIF Agribusiness IPO P/E ratio is 13.58, as compared to Winsol Engineers IPO P/E ratio of 12.19.

 TGIF Agribusiness IPOWinsol Engineers IPO
Financials

TGIF Agribusiness Limited Financial Information (Restated)

TGIF Agribusiness Limited's revenue increased by 12.14% and profit after tax (PAT) rose by 12.63% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Nov 202331 Mar 202331 Mar 202231 Mar 2021
Assets282.32187.5265.33291.62
Total Income171.79232.28207.14181.59
Profit After Tax81.41130.07115.4838.18
Net Worth190.00175.8945.82257.91
Total Borrowing67.30
Amount in ₹ Lakhs

Winsol Engineers Limited Financial Information (Restated)

Winsol Engineers Limited's revenue increased by 7.64% and profit after tax (PAT) rose by 377.66% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,565.342,856.012,764.801,816.83
Total Income5,202.286,544.536,080.002,224.58
Profit After Tax677.26518.07108.4649.44
Net Worth1,527.15873.89343.93238.55
Reserves and Surplus685.15871.89341.93236.55
Total Borrowing846.761,058.84928.90814.49
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.80100.00
Promoter Shareholding (Post-Issue)73.2872.99
P/E Ratio13.5812.19
Market Cap₹24.06 Cr.₹86.51 Cr.
ROE22.33%
ROCE11.71%
Debt/Equity0.55
EPS₹6.85₹6.15
RoNW42.8544.35%

Shares Offered

In the TGIF Agribusiness IPO Retail Individual Investors (RII) are offered 3,26,400 shares while in Winsol Engineers IPO retail investors are offered 3,26,400 shares. Qualified Institutional Buyers (QIB) are offered in TGIF Agribusiness IPO and 5,93,600 shares in Winsol Engineers IPO.

 TGIF Agribusiness IPOWinsol Engineers IPO
Anchor Investor Reserveration8,83,200 shares
Market Maker Reserveration34,800 shares1,58,400 shares
QIB5,93,600 shares
NII3,26,400 shares4,44,800 shares
RII3,26,400 shares10,35,200 shares
Employee
Others
Total6,52,800 shares29,56,800 shares

Bids Received (Subscription)

TGIF Agribusiness IPO subscribed 37.13x in total, whereas Winsol Engineers IPO subscribed 682.14x.

 TGIF Agribusiness IPOWinsol Engineers IPO
QIB (times)207.23x
NII (times)35.35x1,087.81x
Big NII (times)
Small NII (times)
RII (times)32.92x780.15x
Employee (times)
Other (times)
Total (times)37.13x682.14x