GConnect Logitech IPO vs Yash Optics & Lens IPO

Comparision between GConnect Logitech IPO and Yash Optics & Lens IPO.

IPO Details

GConnect Logitech IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Yash Optics & Lens IPO is a SME Book Built Issue proposed to list at NSE SME.

	GConnect Logitech IPO	Yash Optics & Lens IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Fedex Securities Pvt Ltd	Shreni Shares Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Aftertrade Broking Pvt Ltd	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of GConnect Logitech IPO is up to ₹5.60 Cr whereas the issue size of the Yash Optics & Lens IPO is up to ₹53.15 Cr. The final issue price of GConnect Logitech IPO is ₹40.00 per share and of Yash Optics & Lens IPO is ₹81.00 per share.

	GConnect Logitech IPO	Yash Optics & Lens IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹75.00 per share
Issue Price (Upper)		₹81.00 per share
Issue Price (Final)	₹40.00 per share	₹81.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size	14,01,000 shares	65,61,600 shares
Fresh Issue Size (Amount)	up to ₹5.60 Cr	up to ₹53.15 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,01,000 shares	65,61,600 shares
Issue Size Total (Amount)	up to ₹5.60 Cr	up to ₹53.15 Cr

IPO Timetable

GConnect Logitech IPO opens on Mar 26, 2024, while Yash Optics & Lens IPO opens on Mar 27, 2024. The closing date of GConnect Logitech IPO and Yash Optics & Lens IPO is Mar 28, 2024, and Apr 03, 2024, respectively.

	GConnect Logitech IPO	Yash Optics & Lens IPO
Anchor Bid Date		Mar 26, 2024
Issue Open	Mar 26, 2024	Mar 27, 2024
Issue Close	Mar 28, 2024	Apr 03, 2024
Basis Of Allotment (Tentative)	Apr 01, 2024	Apr 04, 2024
Initiation of Refunds (Tentative)	Apr 02, 2024	Apr 05, 2024
Credit of Share (Tentative)	Apr 02, 2024	Apr 05, 2024
Listing date (Tentative)	Apr 03, 2024	Apr 08, 2024
Anchor Lockin End date 1		May 04, 2024
Anchor Lockin End date 2		Jul 03, 2024

Financials

GConnect Logitech IPO P/E ratio is 1.5, as compared to Yash Optics & Lens IPO P/E ratio of 18.28.

GConnect Logitech IPO

Yash Optics & Lens IPO

Financial

GConnect Logitech and Supply Chain Limited Financial Information (Restated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	423.25	82.46
Revenue	212.57	101.03
Profit After Tax	22.83	10.86
Net Worth	398.15	77.51
Reserves and Surplus	166.29	60.10
Amount in ₹ Lakhs

Yash Optics & Lens Limited Financial Information (Restated)

Yash Optics & Lens Limited's revenue increased by 33.3% and profit after tax (PAT) rose by 18.32% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,412.63	3,414.26	2,444.86	1,215.25
Revenue	1,869.16	3,980.39	2,986.04	1,498.24
Profit After Tax	422.52	806.58	681.67	106.31
Net Worth	2,334.01	1,911.50	1,104.92	426.61
Reserves and Surplus	2,333.01	1,910.50	1,103.92	425.61
Total Borrowing	2,452.69	1,085.63	402.36	585.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

76.76%

97.45%

Promoter Shareholding (Post-Issue)

47.85%

71.63%

P/E Ratio

1.5

18.28

Market Cap

₹14.88 Cr.

₹200.60 Cr.

ROE

5.73%%

18.10%

ROCE

7.67%%

10.38%

Debt/Equity

1.05

EPS

₹26.64

₹4.43

RoNW

5.73%%

18.09%%

Shares Offered

In the GConnect Logitech IPO retail investors (RII) are offered 6,63,000 shares while in Yash Optics & Lens IPO retail investors are offered 6,63,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in GConnect Logitech IPO and 11,64,800 shares in Yash Optics & Lens IPO.

	GConnect Logitech IPO	Yash Optics & Lens IPO
Anchor Investor Reserveration		17,02,400 shares
Market Maker Reserveration	75,000 shares	3,31,200 shares
QIB	0 shares	11,64,800 shares
NII	6,63,000 shares	11,10,400 shares
RII	6,63,000 shares	22,52,800 shares
Employee	0 shares	0 shares
Others
Total	13,26,000 shares	45,28,000 shares

Bids Received (Subscription)

GConnect Logitech IPO subscribed 57.38x in total, whereas Yash Optics & Lens IPO subscribed 42.17x.

	GConnect Logitech IPO	Yash Optics & Lens IPO
QIB (times)		19.88x
NII (times)	42.90x	85.27x
Big NII (times)
Small NII (times)
RII (times)	71.74x	32.46x
Employee (times)
Other (times)
Total (times)	57.38x	42.17x

Compare with others

GConnect Logitech IPO	Yash Optics & Lens IPO
Creative Graphics Solutions India IPO	DCG Cables & Wires IPO
K2 Infragen IPO	Creative Graphics Solutions India IPO
Aluwind Architectural IPO	K2 Infragen IPO
Jay Kailash Namkeen IPO	Aluwind Architectural IPO
Yash Optics & Lens IPO	Jay Kailash Namkeen IPO
TAC Infosec IPO	GConnect Logitech IPO
Radiowalla IPO	TAC Infosec IPO
Aspire & Innovative IPO	Radiowalla IPO
Blue Pebble IPO	Aspire & Innovative IPO
Vruddhi Engineering Works IPO	Blue Pebble IPO

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