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Ganesh Green Bharat IPO vs Visaman Global Sales IPO

Comparison between Ganesh Green Bharat IPO and Visaman Global Sales IPO.

IPO Details

Ganesh Green Bharat IPO is a SME Fixed Price IPO proposed to list at NSE SME while Visaman Global Sales IPO is a SME Fixed Price proposed to list at NSE SME.

 Ganesh Green Bharat IPOVisaman Global Sales IPO
LogoGanesh Green Bharat IPO LogoVisaman Global Sales IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Shreni Shares Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ganesh Green Bharat IPO is up to ₹118.94 Cr whereas the issue size of the Visaman Global Sales IPO is up to ₹15.22 Cr. The final issue price of Ganesh Green Bharat IPO is ₹190.00 per share and of Visaman Global Sales IPO is ₹43.00 per share.

 Ganesh Green Bharat IPOVisaman Global Sales IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹181.00 per share
Issue Price (Upper)₹190.00 per share
Issue Price (Final)₹190.00 per share₹43.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size600 shares3000 shares
Fresh Issue Size62,59,800 shares35,40,000 shares
Fresh Issue Size (Amount)up to ₹118.94 Crup to ₹15.22 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total62,59,800 shares35,40,000 shares
Issue Size Total (Amount)up to ₹118.94 Crup to ₹15.22 Cr

IPO Timetable

Ganesh Green Bharat IPO opens on Jul 05, 2024, while Visaman Global Sales IPO opens on Jun 24, 2024. The closing date of Ganesh Green Bharat IPO and Visaman Global Sales IPO is Jul 09, 2024, and Jun 26, 2024, respectively.

 Ganesh Green Bharat IPOVisaman Global Sales IPO
Anchor Bid DateJul 04, 2024
Issue OpenJul 05, 2024Jun 24, 2024
Issue CloseJul 09, 2024Jun 26, 2024
Basis Of Allotment (Tentative)Jul 10, 2024Jun 27, 2024
Initiation of Refunds (Tentative)Jul 11, 2024Jun 28, 2024
Credit of Share (Tentative)Jul 11, 2024Jun 28, 2024
Listing date (Tentative)Jul 12, 2024Jul 01, 2024
Anchor Lockin End date 1Aug 09, 2024
Anchor Lockin End date 2Oct 08, 2024

Financials & KPIs

Ganesh Green Bharat IPO P/E ratio is 15.85, as compared to Visaman Global Sales IPO P/E ratio of 38.25.

 Ganesh Green Bharat IPOVisaman Global Sales IPO
Financials

Ganesh Green Bharat Limited Financial Information (Restated Consolidated)

Ganesh Green Bharat Limited's revenue increased by 89.82% and profit after tax (PAT) rose by 167.67% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets15,029.828,786.058,835.50
Total Income17,196.489,059.5310,612.10
Profit After Tax2,183.02815.57520.75
Net Worth5,727.642,707.342,707.34
Reserves and Surplus3,906.643,402.912,587.34
Total Borrowing5,370.172,738.892,247.06
Amount in ₹ Lakhs

Visaman Global Sales Limited Financial Information (Restated)

Visaman Global Sales Limited's revenue increased by 16.04% and profit after tax (PAT) rose by 19.72% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets8,001.695,863.953,982.422,727.20
Total Income20,691.3937,605.0132,407.2913,636.19
Profit After Tax101.61113.3394.6633.47
Net Worth1,095.31993.70660.38565.72
Reserves and Surplus395.31293.70180.3885.72
Total Borrowing5,690.854,345.691,386.10710.34
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100100.00
Promoter Shareholding (Post-Issue)73.4272.98
P/E Ratio15.8538.25
Market Cap₹509.22 Cr.₹59.39 Cr.
ROE46.42%9.28%
ROCE29.98%8.02%
Debt/Equity0.945.20
EPS₹11.99₹1.12
RoNW34.72%9.28%

Shares Offered

In the Ganesh Green Bharat IPO Retail Individual Investors (RII) are offered 21,68,400 shares while in Visaman Global Sales IPO retail investors are offered 21,68,400 shares. Qualified Institutional Buyers (QIB) are offered 12,38,400 shares in Ganesh Green Bharat IPO and in Visaman Global Sales IPO.

 Ganesh Green Bharat IPOVisaman Global Sales IPO
Anchor Investor Reserveration18,57,600 shares
Market Maker Reserveration3,31,200 shares1,92,000 shares
QIB12,38,400 shares
NII9,29,400 shares17,70,000 shares
RII21,68,400 shares17,70,000 shares
Employee66,000 shares
Others
Total62,59,800 shares35,40,000 shares

Bids Received (Subscription)

Ganesh Green Bharat IPO subscribed 229.92x in total, whereas Visaman Global Sales IPO subscribed 42.20x.

 Ganesh Green Bharat IPOVisaman Global Sales IPO
QIB (times)154.50x
NII (times)470.44x28.12x
Big NII (times)
Small NII (times)
RII (times)176.88x51.54x
Employee (times)
Other (times)
Total (times)229.92x42.20x