Gretex Corporate IPO vs Walpar Nutritions IPO

Comparison between Gretex Corporate IPO and Walpar Nutritions IPO.

IPO Details

Gretex Corporate IPO is a SME Fixed Price IPO proposed to list at BSE SME while Walpar Nutritions IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Gretex Corporate IPO is up to ₹4.87 Cr whereas the issue size of the Walpar Nutritions IPO is up to ₹6.27 Cr. The final issue price of Gretex Corporate IPO is ₹170.00 per share and of Walpar Nutritions IPO is ₹55.00 per share.

 Gretex Corporate IPOWalpar Nutritions IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹170.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size800 shares2000 shares
Fresh Issue Size2,22,400 shares11,40,000 shares
Fresh Issue Size (Amount)up to ₹3.78 Crup to ₹6.27 Cr
OFS Issue Size64,000 shares0 shares
OFS Issue Size (Amount)up to ₹1.09 Crup to ₹0.00 Cr
Issue Size Total2,86,400 shares11,40,000 shares
Issue Size Total (Amount)up to ₹4.87 Crup to ₹6.27 Cr

IPO Timetable

Gretex Corporate IPO opens on Jul 27, 2021, while Walpar Nutritions IPO opens on Jun 30, 2021. The closing date of Gretex Corporate IPO and Walpar Nutritions IPO is Jul 30, 2021, and Jul 05, 2021, respectively.

 Gretex Corporate IPOWalpar Nutritions IPO
Issue OpenJul 27, 2021Jun 30, 2021
Issue CloseJul 30, 2021Jul 05, 2021
Basis Of Allotment (Tentative)Aug 04, 2021Jul 08, 2021
Initiation of Refunds (Tentative)Aug 05, 2021Jul 09, 2021
Credit of Share (Tentative)Aug 06, 2021Jul 09, 2021
Listing date (Tentative)Aug 09, 2021Jul 13, 2021

Financials & KPIs

Gretex Corporate IPO P/E ratio is , as compared to Walpar Nutritions IPO P/E ratio of .

 Gretex Corporate IPOWalpar Nutritions IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets10.118.389.46
Total Income3.251.453.16
Profit After Tax0.71-1.150.25
EBITDA1.19-0.680.70
NET Worth6.283.745.34
Reserves and Surplus5.383.094.69
Total Borrowing2.503.652.70
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets14.5413.179.183.90
Total Income1.4316.7112.826.45
Profit After Tax0.300.190.120.03
NET Worth3.121.871.080.78
Reserves and Surplus0.230.000.000.00
Total Borrowing4.734.733.661.37
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%96.53%
Promoter Shareholding (Post-Issue)73.48%71.02%
Market Cap₹19.33 Cr.₹24.98 Cr.

Shares Offered

In the Gretex Corporate IPO Retail Individual Investors (RII) are offered 1,43,200 shares while in Walpar Nutritions IPO retail investors are offered 1,43,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Gretex Corporate IPO and in Walpar Nutritions IPO.

 Gretex Corporate IPOWalpar Nutritions IPO
Anchor Investor Reservation0 shares
Market Maker Reservation15,200 shares60,000 shares
QIB0 shares
NII1,43,200 shares5,70,000 shares
RII1,43,200 shares5,70,000 shares
Employee0 shares
Total2,86,400 shares11,40,000 shares

Bids Received (Subscription)

Gretex Corporate IPO subscribed 7.27x in total, whereas Walpar Nutritions IPO subscribed 9.48x.

 Gretex Corporate IPOWalpar Nutritions IPO
NII (times)2.37x1.01x
RII (times)12.17x17.94x
Total (times)7.27x9.48x

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Gretex Corporate IPO Vs Walpar Nutritions IPO