Greenchef Appliances IPO vs Tridhya Tech IPO

Comparison between Greenchef Appliances IPO and Tridhya Tech IPO.

IPO Details

Greenchef Appliances IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tridhya Tech IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Greenchef Appliances IPO is up to ₹50.91 Cr whereas the issue size of the Tridhya Tech IPO is up to ₹25.09 Cr. The final issue price of Greenchef Appliances IPO is ₹87.00 per share and of Tridhya Tech IPO is ₹42.00 per share.

 Greenchef Appliances IPOTridhya Tech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹82.00 per share₹35.00 per share
Issue Price (Upper)₹87.00 per share₹42.00 per share
Issue Price (Final)₹87.00 per share₹42.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size58,51,200 shares59,73,000 shares
Fresh Issue Size (Amount)up to ₹50.91 Crup to ₹25.09 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total58,51,200 shares59,73,000 shares
Issue Size Total (Amount)up to ₹50.91 Crup to ₹25.09 Cr

IPO Timetable

Greenchef Appliances IPO opens on Jun 23, 2023, while Tridhya Tech IPO opens on Jun 30, 2023. The closing date of Greenchef Appliances IPO and Tridhya Tech IPO is Jun 27, 2023, and Jul 05, 2023, respectively.

 Greenchef Appliances IPOTridhya Tech IPO
Anchor Bid DateJun 22, 2023Jun 27, 2023
Issue OpenJun 23, 2023Jun 30, 2023
Issue CloseJun 27, 2023Jul 05, 2023
Basis Of Allotment (Tentative)Jul 03, 2023Jul 10, 2023
Initiation of Refunds (Tentative)Jul 04, 2023Jul 11, 2023
Credit of Share (Tentative)Jul 05, 2023Jul 12, 2023
Listing date (Tentative)Jul 06, 2023Jul 13, 2023
Anchor Lockin End date 1Aug 02, 2023Aug 09, 2023
Anchor Lockin End date 2Oct 01, 2023Oct 08, 2023

Financials & KPIs

Greenchef Appliances IPO P/E ratio is 14.87, as compared to Tridhya Tech IPO P/E ratio of 26.09.

 Greenchef Appliances IPOTridhya Tech IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets179.54142.23125.63
Total Income337.05239.29238.07
Profit After Tax0.822.571.17
NET Worth51.7150.9348.55
Reserves and Surplus48.1447.3744.98
Total Borrowing66.8351.8239.16
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202231 Mar 2022
Assets59.7025.49
Total Income15.0814.07
Profit After Tax2.853.39
NET Worth20.3114.58
Reserves and Surplus18.6013.10
Total Borrowing30.907.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0080.8
Promoter Shareholding (Post-Issue)73.5258.98
P/E Ratio14.8726.09
Market Cap₹202.47 Cr.₹97.81 Cr.
ROE18.1920.90
ROCE12.5226.40
Debt/Equity0.990.49
EPS₹5.97₹44.44
RoNW16.8522.37

Shares Offered

In the Greenchef Appliances IPO Retail Individual Investors (RII) are offered 20,49,600 shares while in Tridhya Tech IPO retail investors are offered 20,49,600 shares. Qualified Institutional Buyers (QIB) are offered 11,71,200 shares in Greenchef Appliances IPO and 11,94,000 shares in Tridhya Tech IPO.

 Greenchef Appliances IPOTridhya Tech IPO
Anchor Investor Reservation17,52,000 shares17,91,000 shares
Market Maker Reservation3,12,000 shares3,15,000 shares
QIB11,71,200 shares11,94,000 shares
NII8,78,400 shares8,97,000 shares
RII20,49,600 shares20,91,000 shares
Employee
Others
Total58,51,200 shares59,73,000 shares

Bids Received (Subscription)

Greenchef Appliances IPO subscribed 44.89x in total, whereas Tridhya Tech IPO subscribed 72.38x.

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Greenchef Appliances IPO Vs Tridhya Tech IPO