ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

GSM Foils IPO vs Z-Tech IPO

Comparison between GSM Foils IPO and Z-Tech IPO.

IPO Details

GSM Foils IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Z-Tech IPO is a SME Bookbuilding proposed to list at NSE SME.

 GSM Foils IPOZ-Tech IPO
LogoGSM Foils IPO LogoZ-Tech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Narnolia Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerShreni Shares Ltd.NVS Brokerage Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of GSM Foils IPO is up to ₹10.44 Cr whereas the issue size of the Z-Tech IPO is up to ₹35.43 Cr. The final issue price of GSM Foils IPO is ₹32.00 per share and of Z-Tech IPO is ₹110.00 per share.

 GSM Foils IPOZ-Tech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹104.00 per share
Issue Price (Upper)₹110.00 per share
Issue Price (Final)₹32.00 per share₹110.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1200 shares
Fresh Issue Size32,64,000 shares32,20,800 shares
Fresh Issue Size (Amount)up to ₹10.44 Crup to ₹35.43 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,64,000 shares32,20,800 shares
Issue Size Total (Amount)up to ₹10.44 Crup to ₹35.43 Cr

IPO Timetable

GSM Foils IPO opens on May 24, 2024, while Z-Tech IPO opens on May 29, 2024. The closing date of GSM Foils IPO and Z-Tech IPO is May 28, 2024, and May 31, 2024, respectively.

 GSM Foils IPOZ-Tech IPO
Anchor Bid DateMay 28, 2024
Issue OpenMay 24, 2024May 29, 2024
Issue CloseMay 28, 2024May 31, 2024
Basis Of Allotment (Tentative)May 29, 2024Jun 03, 2024
Initiation of Refunds (Tentative)May 30, 2024Jun 05, 2024
Credit of Share (Tentative)May 30, 2024Jun 05, 2024
Listing date (Tentative)May 31, 2024Jun 05, 2024
Anchor Lockin End date 1Jul 03, 2024
Anchor Lockin End date 2Sep 01, 2024

Financials & KPIs

GSM Foils IPO P/E ratio is 20.98, as compared to Z-Tech IPO P/E ratio of 13.27.

 GSM Foils IPOZ-Tech IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets22.0814.3810.517.21
Total Income27.1865.8971.8536.46
Profit After Tax1.251.430.640.34
NET Worth1.278.366.596.58
Reserves and Surplus1.25
Total Borrowing14.132.422.19
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets41.9223.4019.2519.73
Total Income67.3725.8830.8423.96
Profit After Tax7.801.970.080.65
NET Worth21.919.998.027.94
Reserves and Surplus12.508.896.926.84
Total Borrowing1.310.710.720.94
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9982.65
Promoter Shareholding (Post-Issue)73.1460.75
P/E Ratio20.9813.27
Market Cap₹41.00 Cr.₹140.77 Cr.
ROE23.62%34%
ROCE1.60%44.02%
Debt/Equity11.130.06
EPS₹1.53₹8.29
RoNW98.27%34%

Shares Offered

In the GSM Foils IPO Retail Individual Investors (RII) are offered 16,32,000 shares while in Z-Tech IPO retail investors are offered 16,32,000 shares. Qualified Institutional Buyers (QIB) are offered in GSM Foils IPO and 6,44,400 shares in Z-Tech IPO.

 GSM Foils IPOZ-Tech IPO
Anchor Investor Reservation9,64,800 shares
Market Maker Reservation1,76,000 shares1,70,400 shares
QIB6,44,400 shares
NII16,32,000 shares4,83,600 shares
RII16,32,000 shares11,28,000 shares
Employee
Others
Total32,64,000 shares32,20,800 shares

Bids Received (Subscription)

GSM Foils IPO subscribed 257.30x in total, whereas Z-Tech IPO subscribed 371.39x.

 GSM Foils IPOZ-Tech IPO
QIB (times)123.10x
NII (times)259.51x832.37x
Big NII (times)
Small NII (times)
RII (times)247.10x315.59x
Employee (times)
Other (times)
Total (times)257.30x371.39x

Compare with others

GSM Foils IPOZ-Tech IPO
Associated Coaters IPO3C IT Solutions IPO
TBI Corn IPOMagenta Lifecare IPO
Z-Tech IPOSattrix Information Security IPO
Aimtron Electronics IPOAssociated Coaters IPO
Beacon Trusteeship IPOTBI Corn IPO
Vilas Transcore IPOAimtron Electronics IPO
HOAC Foods IPOBeacon Trusteeship IPO
Rulka Electricals IPOGSM Foils IPO
Quest Laboratories IPOVilas Transcore IPO
Piotex Industries IPOHOAC Foods IPO

Compare:

GSM Foils IPO Vs Z-Tech IPO