Comparison between GEM Enviro Management IPO and United Cotfab IPO.
GEM Enviro Management IPO is a SME Fixed Price IPO proposed to list at BSE SME while United Cotfab IPO is a SME Fixed Price proposed to list at BSE SME.
| GEM Enviro Management IPO | United Cotfab IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Fintellectual Corporate Advisors Pvt.Ltd. Share India Capital Services Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of GEM Enviro Management IPO is up to ₹42.36 Cr whereas the issue size of the United Cotfab IPO is up to ₹34.47 Cr. The final issue price of GEM Enviro Management IPO is ₹75.00 per share and of United Cotfab IPO is ₹70.00 per share.
| GEM Enviro Management IPO | United Cotfab IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | |
| Issue Price (Upper) | ₹75.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 11,55,200 shares | 49,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.66 Cr | up to ₹34.47 Cr |
| OFS Issue Size | 44,92,800 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹33.70 Cr | up to ₹0.00 Cr |
| Issue Size Total | 56,48,000 shares | 49,24,000 shares |
| Issue Size Total (Amount) | up to ₹42.36 Cr | up to ₹34.47 Cr |
GEM Enviro Management IPO opens on Jun 19, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of GEM Enviro Management IPO and United Cotfab IPO is Jun 21, 2024, and Jun 19, 2024, respectively.
| GEM Enviro Management IPO | United Cotfab IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | |
| Issue Open | Jun 19, 2024 | Jun 13, 2024 |
| Issue Close | Jun 21, 2024 | Jun 19, 2024 |
| Basis Of Allotment (Tentative) | Jun 24, 2024 | Jun 20, 2024 |
| Initiation of Refunds (Tentative) | Jun 25, 2024 | Jun 21, 2024 |
| Credit of Share (Tentative) | Jun 25, 2024 | Jun 21, 2024 |
| Listing date (Tentative) | Jun 26, 2024 | Jun 24, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | |
| Anchor Lockin End date 2 | Sep 22, 2024 |
GEM Enviro Management IPO P/E ratio is 15.76, as compared to United Cotfab IPO P/E ratio of 9.7.
| GEM Enviro Management IPO | United Cotfab IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.44 | 69.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.76 | 9.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹169.13 Cr. | ₹120.33 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.48% | 72.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.55% | 26.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.76 | ₹7.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.48% | 63.89% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GEM Enviro Management IPO Retail Individual Investors (RII) are offered 19,77,600 shares while in United Cotfab IPO retail investors are offered 19,77,600 shares. Qualified Institutional Buyers (QIB) are offered 11,29,600 shares in GEM Enviro Management IPO and in United Cotfab IPO.
| GEM Enviro Management IPO | United Cotfab IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,92,800 shares | |
| Market Maker Reservation | 3,42,400 shares | 2,60,000 shares |
| QIB | 11,29,600 shares | |
| NII | 8,48,000 shares | 24,62,000 shares |
| RII | 19,77,600 shares | 24,62,000 shares |
| Employee | ||
| Others | ||
| Total | 56,48,000 shares | 49,24,000 shares |
GEM Enviro Management IPO subscribed 265.13x in total, whereas United Cotfab IPO subscribed 107.16x.
| GEM Enviro Management IPO | United Cotfab IPO | |
|---|---|---|
| QIB (times) | 160.22x | |
| NII (times) | 462.89x | 137.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 240.25x | 77.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 265.13x | 107.16x |
