Comparison between GP Eco Solutions IPO and United Cotfab IPO.
GP Eco Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while United Cotfab IPO is a SME Fixed Price proposed to list at BSE SME.
| GP Eco Solutions IPO | United Cotfab IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Corporate Capitalventures Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of GP Eco Solutions IPO is up to ₹27.71 Cr whereas the issue size of the United Cotfab IPO is up to ₹34.47 Cr. The final issue price of GP Eco Solutions IPO is ₹94.00 per share and of United Cotfab IPO is ₹70.00 per share.
| GP Eco Solutions IPO | United Cotfab IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | |
| Issue Price (Upper) | ₹94.00 per share | |
| Issue Price (Final) | ₹94.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 29,48,400 shares | 49,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹27.71 Cr | up to ₹34.47 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 | 29,48,400 shares | 49,24,000 shares |
| Issue Size Total (Amount) | up to ₹27.71 Cr | up to ₹34.47 Cr |
GP Eco Solutions IPO opens on Jun 14, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of GP Eco Solutions IPO and United Cotfab IPO is Jun 19, 2024, and Jun 19, 2024, respectively.
| GP Eco Solutions IPO | United Cotfab IPO | |
|---|---|---|
| Anchor Bid Date | Jun 13, 2024 | |
| Issue Open | Jun 14, 2024 | Jun 13, 2024 |
| Issue Close | Jun 19, 2024 | Jun 19, 2024 |
| Basis Of Allotment (Tentative) | Jun 20, 2024 | Jun 20, 2024 |
| Initiation of Refunds (Tentative) | Jun 21, 2024 | Jun 21, 2024 |
| Credit of Share (Tentative) | Jun 21, 2024 | Jun 21, 2024 |
| Listing date (Tentative) | Jun 24, 2024 | Jun 24, 2024 |
| Anchor Lockin End date 1 | Jul 20, 2024 | |
| Anchor Lockin End date 2 | Sep 18, 2024 |
GP Eco Solutions IPO P/E ratio is 21.44, as compared to United Cotfab IPO P/E ratio of 9.7.
| GP Eco Solutions IPO | United Cotfab IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | GP Eco Solutions India Limited Financial Information (Restated)GP Eco Solutions India Limited's revenue increased by 25.08% and profit after tax (PAT) rose by 33.43% between the financial year ending with March 31, 2023 and March 31, 2022.
| United Cotfab Limited Financial Information (Restated)United Cotfab Limited's revenue increased by 17945.52% and profit after tax (PAT) rose by 6121.46% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 86.4 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.23 | 69.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.44 | 9.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹110.08 Cr. | ₹120.33 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44.59% | 72.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.51% | 26.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.11 | 3.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.38 | ₹7.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.70% | 63.89% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GP Eco Solutions IPO Retail Individual Investors (RII) are offered 10,32,000 shares while in United Cotfab IPO retail investors are offered 10,32,000 shares. Qualified Institutional Buyers (QIB) are offered 5,89,200 shares in GP Eco Solutions IPO and in United Cotfab IPO.
| GP Eco Solutions IPO | United Cotfab IPO | |
|---|---|---|
| Anchor Investor Reserveration | 8,83,200 shares | |
| Market Maker Reserveration | 3,27,600 shares | 2,60,000 shares |
| QIB | 5,89,200 shares | |
| NII | 4,44,000 shares | 24,62,000 shares |
| RII | 10,32,000 shares | 24,62,000 shares |
| Employee | ||
| Others | ||
| Total | 29,48,400 shares | 49,24,000 shares |
GP Eco Solutions IPO subscribed 856.21x in total, whereas United Cotfab IPO subscribed 107.16x.
| GP Eco Solutions IPO | United Cotfab IPO | |
|---|---|---|
| QIB (times) | 236.64x | |
| NII (times) | 1,824.87x | 114.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 793.20x | 77.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 856.21x | 107.16x |
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