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Goldstar Power IPO vs Tirupati Forge IPO

Comparison between Goldstar Power IPO and Tirupati Forge IPO.

IPO Details

Goldstar Power IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tirupati Forge IPO is a SME Fixed Price proposed to list at NSE SME.

 Goldstar Power IPOTirupati Forge IPO
LogoGoldstar Power IPO LogoTirupati Forge IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Pantomath Stock Brokers Pvt.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 Goldstar Power IPO is up to ₹6.87 Cr whereas the issue size of the Tirupati Forge IPO is up to ₹4.95 Cr. The final issue price of Goldstar Power IPO is ₹25.00 per share and of Tirupati Forge IPO is ₹29.00 per share.

 Goldstar Power IPOTirupati Forge IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹29.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares4000 shares
Fresh Issue Size27,48,000 shares17,08,000 shares
Fresh Issue Size (Amount)up to ₹6.87 Crup to ₹4.95 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,48,000 shares17,08,000 shares
Issue Size Total (Amount)up to ₹6.87 Crup to ₹4.95 Cr

IPO Timetable

Goldstar Power IPO opens on Sep 27, 2017, while Tirupati Forge IPO opens on Sep 29, 2017. The closing date of Goldstar Power IPO and Tirupati Forge IPO is Sep 29, 2017, and Oct 04, 2017, respectively.

 Goldstar Power IPOTirupati Forge IPO
Issue OpenSep 27, 2017Sep 29, 2017
Issue CloseSep 29, 2017Oct 04, 2017
Basis Of Allotment (Tentative)Oct 05, 2017Oct 09, 2017
Listing date (Tentative)Oct 10, 2017Oct 12, 2017

Financials & KPIs

Goldstar Power IPO P/E ratio is , as compared to Tirupati Forge IPO P/E ratio of .

 Goldstar Power IPOTirupati Forge IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets33.7233.5438.09
Total Income54.9740.5141.30
Profit After Tax0.91-0.39-0.66
NET Worth11.4810.5710.96
Reserves and Surplus10.189.279.66
Total Borrowing12.2013.2814.24
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets10.339.7214.16
Total Income16.3718.2830.37
Profit After Tax0.510.170.70
NET Worth2.712.202.03
Reserves and Surplus1.921.421.25
Total Borrowing3.824.605.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%98.72%
Promoter Shareholding (Post-Issue)72.91%68.15%
Market Cap₹26.75 Cr.₹16.85 Cr.

Shares Offered

In the Goldstar Power IPO Retail Individual Investors (RII) are offered 13,74,000 shares while in Tirupati Forge IPO retail investors are offered 13,74,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Goldstar Power IPO and 0 shares in Tirupati Forge IPO.

 Goldstar Power IPOTirupati Forge IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,50,000 shares92,000 shares
QIB0 shares0 shares
NII13,74,000 shares8,54,000 shares
RII13,74,000 shares8,54,000 shares
Employee0 shares0 shares
Total27,48,000 shares17,08,000 shares

Bids Received (Subscription)

Goldstar Power IPO subscribed 1.41x in total, whereas Tirupati Forge IPO subscribed 6.94x.

 Goldstar Power IPOTirupati Forge IPO
NII (times)2.14x3.56x
RII (times)0.69x10.32x
Total (times)1.41x6.94x

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Compare:

Goldstar Power IPO Vs Tirupati Forge IPO