Gensol Engineering IPO vs White Organic Retail IPO

Comparison between Gensol Engineering IPO and White Organic Retail IPO.

IPO Details

Gensol Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while White Organic Retail IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Gensol Engineering IPO is up to ₹17.02 Cr whereas the issue size of the White Organic Retail IPO is up to ₹14.68 Cr. The final issue price of Gensol Engineering IPO is ₹83.00 per share and of White Organic Retail IPO is ₹63.00 per share.

 Gensol Engineering IPOWhite Organic Retail IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹81.00 per share
Issue Price (Upper)₹83.00 per share
Issue Price (Final)₹83.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares2000 shares
Fresh Issue Size20,51,200 shares23,30,000 shares
Fresh Issue Size (Amount)up to ₹17.02 Crup to ₹14.68 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,51,200 shares23,30,000 shares
Issue Size Total (Amount)up to ₹17.02 Crup to ₹14.68 Cr

IPO Timetable

Gensol Engineering IPO opens on Sep 30, 2019, while White Organic Retail IPO opens on Apr 26, 2019. The closing date of Gensol Engineering IPO and White Organic Retail IPO is Oct 04, 2019, and May 02, 2019, respectively.

 Gensol Engineering IPOWhite Organic Retail IPO
Issue OpenSep 30, 2019Apr 26, 2019
Issue CloseOct 04, 2019May 02, 2019
Basis Of Allotment (Tentative)Oct 10, 2019May 07, 2019
Initiation of Refunds (Tentative)Oct 11, 2019May 08, 2019
Credit of Share (Tentative)Oct 14, 2019May 09, 2019
Listing date (Tentative)Oct 15, 2019May 10, 2019

Financials & KPIs

Gensol Engineering IPO P/E ratio is , as compared to White Organic Retail IPO P/E ratio of .

 Gensol Engineering IPOWhite Organic Retail IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets42.8926.449.97
Total Income83.8569.6462.32
Profit After Tax6.495.341.19
EBITDA10.057.851.82
NET Worth13.046.551.21
Reserves and Surplus7.006.531.20
Total Borrowing8.611.240.39
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201831 Mar 201831 Mar 201731 Mar 2016
Assets60.2350.1714.4812.77
Total Income116.3584.002.551.07
Profit After Tax4.513.020.590.24
EBITDA6.254.380.860.35
NET Worth0.000.000.000.00
Reserves and Surplus20.374.481.460.87
Total Borrowing0.000.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96%100%
Promoter Shareholding (Post-Issue)70.72%55.01%
Market Cap₹68.08 Cr.₹34.36 Cr.

Shares Offered

In the Gensol Engineering IPO Retail Individual Investors (RII) are offered 10,25,600 shares while in White Organic Retail IPO retail investors are offered 10,25,600 shares. Qualified Institutional Buyers (QIB) are offered in Gensol Engineering IPO and in White Organic Retail IPO.

 Gensol Engineering IPOWhite Organic Retail IPO
Market Maker Reservation1,08,800 shares1,24,000 shares
NII10,25,600 shares11,64,000 shares
RII10,25,600 shares11,66,000 shares
Total20,51,200 shares23,30,000 shares

Bids Received (Subscription)

Gensol Engineering IPO subscribed 1.32x in total, whereas White Organic Retail IPO subscribed 1.36x.

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Gensol Engineering IPO Vs White Organic Retail IPO