Comparison between Goldstar Power IPO and Tirupati Forge IPO.
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 IPO | Tirupati Forge IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Tirupati Forge IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹25.00 per share | ₹29.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 4000 shares |
| Fresh Issue Size | 27,48,000 shares | 17,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.87 Cr | up to ₹4.95 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 27,48,000 shares | 17,08,000 shares |
| Issue Size Total (Amount) | up to ₹6.87 Cr | up to ₹4.95 Cr |
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 IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 27, 2017 | Sep 29, 2017 |
| Issue Close | Sep 29, 2017 | Oct 04, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 10, 2017 | Oct 12, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Goldstar Power IPO P/E ratio is , as compared to Tirupati Forge IPO P/E ratio of .
| Goldstar Power IPO | Tirupati Forge IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹26.75 Cr. | ₹16.85 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 in Goldstar Power IPO and in Tirupati Forge IPO.
| Goldstar Power IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,50,000 shares | 92,000 shares |
| QIB | ||
| NII | 13,74,000 shares | 8,54,000 shares |
| RII | 13,74,000 shares | 8,54,000 shares |
| Employee | ||
| Others | ||
| Total | 27,48,000 shares | 17,08,000 shares |
Goldstar Power IPO subscribed 1.41x in total, whereas Tirupati Forge IPO subscribed 6.94x.
| Goldstar Power IPO | Tirupati Forge IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.14x | 3.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.69x | 10.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.41x | 6.94x |
