Comparison between Globe Textiles IPO and Vadivarhe Speciality Chemicals IPO.
IPO Details
Globe Textiles IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vadivarhe Speciality Chemicals IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Globe Textiles IPO is up to ₹12.97 Cr whereas the issue size of the Vadivarhe Speciality Chemicals IPO is up to ₹13.71 Cr. The final issue price of Globe Textiles IPO is ₹51.00 per share and of Vadivarhe Speciality Chemicals IPO is ₹42.00 per share.
| | Globe Textiles IPO | Vadivarhe Speciality Chemicals IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹51.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 12,24,000 shares | 5,09,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.24 Cr | up to ₹2.14 Cr |
| OFS Issue Size | 13,20,000 shares | 27,55,000 shares |
| OFS Issue Size (Amount) | up to ₹6.73 Cr | up to ₹11.57 Cr |
| Issue Size Total | 25,44,000 shares | 32,64,000 shares |
| Issue Size Total (Amount) | up to ₹12.97 Cr | up to ₹13.71 Cr |
IPO Timetable
Globe Textiles IPO opens on Jun 12, 2017, while Vadivarhe Speciality Chemicals IPO opens on May 22, 2017. The closing date of Globe Textiles IPO and Vadivarhe Speciality Chemicals IPO is Jun 15, 2017, and May 25, 2017, respectively.
Financials & KPIs
Globe Textiles IPO P/E ratio is , as compared to Vadivarhe Speciality Chemicals IPO P/E ratio of .
Shares Offered
In the Globe Textiles IPO Retail Individual Investors (RII) are offered 12,72,000 shares while in Vadivarhe Speciality Chemicals IPO retail investors are offered 12,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Globe Textiles IPO and 0 shares in Vadivarhe Speciality Chemicals IPO.
| | Globe Textiles IPO | Vadivarhe Speciality Chemicals IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,44,000 shares | 1,80,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 12,72,000 shares | 16,32,000 shares |
| RII | 12,72,000 shares | 16,32,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 25,44,000 shares | 32,64,000 shares |
Bids Received (Subscription)
Globe Textiles IPO subscribed 2.62x in total, whereas Vadivarhe Speciality Chemicals IPO subscribed 42.89x.