Comparison between Shree Ganesh Remedies IPO and Tirupati Forge IPO.
Shree Ganesh Remedies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tirupati Forge IPO is a SME Fixed Price proposed to list at NSE SME.
| Shree Ganesh Remedies IPO | Tirupati Forge IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Shree Ganesh Remedies IPO is up to ₹8.10 Cr whereas the issue size of the Tirupati Forge IPO is up to ₹4.95 Cr. The final issue price of Shree Ganesh Remedies IPO is ₹36.00 per share and of Tirupati Forge IPO is ₹29.00 per share.
| Shree Ganesh Remedies IPO | Tirupati Forge IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹36.00 per share | ₹29.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 22,50,000 shares | 17,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.10 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 | 22,50,000 shares | 17,08,000 shares |
| Issue Size Total (Amount) | up to ₹8.10 Cr | up to ₹4.95 Cr |
Shree Ganesh Remedies IPO opens on Sep 28, 2017, while Tirupati Forge IPO opens on Sep 29, 2017. The closing date of Shree Ganesh Remedies IPO and Tirupati Forge IPO is Oct 05, 2017, and Oct 04, 2017, respectively.
| Shree Ganesh Remedies IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 28, 2017 | Sep 29, 2017 |
| Issue Close | Oct 05, 2017 | Oct 04, 2017 |
| Basis Of Allotment (Tentative) | Oct 10, 2017 | |
| Initiation of Refunds (Tentative) | Oct 11, 2017 | |
| Credit of Share (Tentative) | Oct 12, 2017 | |
| Listing date (Tentative) | Oct 13, 2017 | Oct 12, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Shree Ganesh Remedies IPO P/E ratio is , as compared to Tirupati Forge IPO P/E ratio of .
| Shree Ganesh Remedies IPO | Tirupati Forge IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹32.30 Cr. | ₹16.85 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Shree Ganesh Remedies IPO Retail Individual Investors (RII) are offered 11,25,000 shares while in Tirupati Forge IPO retail investors are offered 11,25,000 shares. Qualified Institutional Buyers (QIB) are offered in Shree Ganesh Remedies IPO and in Tirupati Forge IPO.
| Shree Ganesh Remedies IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,26,000 shares | 92,000 shares |
| QIB | ||
| NII | 11,25,000 shares | 8,54,000 shares |
| RII | 11,25,000 shares | 8,54,000 shares |
| Employee | ||
| Others | ||
| Total | 22,50,000 shares | 17,08,000 shares |
Shree Ganesh Remedies IPO subscribed 1.77x in total, whereas Tirupati Forge IPO subscribed 6.94x.
| Shree Ganesh Remedies IPO | Tirupati Forge IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.42x | 3.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.11x | 10.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.77x | 6.94x |
