Ashapuri Gold IPO vs Gleam Fabmat IPO

Comparision between Ashapuri Gold IPO and Gleam Fabmat IPO.

IPO Details

Ashapuri Gold IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Gleam Fabmat IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Ashapuri Gold IPO	Gleam Fabmat IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Fedex Securities Pvt Ltd	Aryaman Financial Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ashapuri Gold IPO is up to ₹29.33 Cr whereas the issue size of the Gleam Fabmat IPO is up to ₹3.12 Cr. The final issue price of Ashapuri Gold IPO is ₹51.00 per share and of Gleam Fabmat IPO is ₹10.00 per share.

	Ashapuri Gold IPO	Gleam Fabmat IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹51.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	10000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	57,50,000 shares	31,20,000 shares
Issue Size Total (Amount)	up to ₹29.33 Cr	up to ₹3.12 Cr

IPO Timetable

Ashapuri Gold IPO opens on Mar 13, 2019, while Gleam Fabmat IPO opens on Feb 19, 2019. The closing date of Ashapuri Gold IPO and Gleam Fabmat IPO is Mar 18, 2019, and Feb 22, 2019, respectively.

	Ashapuri Gold IPO	Gleam Fabmat IPO
Anchor Bid Date
Issue Open	Mar 13, 2019	Feb 19, 2019
Issue Close	Mar 18, 2019	Feb 22, 2019
Basis Of Allotment (Tentative)	Mar 22, 2019	Feb 27, 2019
Initiation of Refunds (Tentative)	Mar 25, 2019	Feb 28, 2019
Credit of Share (Tentative)	Mar 26, 2019	Mar 01, 2019
Listing date (Tentative)	Mar 27, 2019	Mar 05, 2019
Anchor Lockin End date 1	Apr 21, 2019	Mar 29, 2019
Anchor Lockin End date 2	Jun 20, 2019	May 28, 2019

Financials

Ashapuri Gold IPO P/E ratio is , as compared to Gleam Fabmat IPO P/E ratio of .

Ashapuri Gold IPO

Gleam Fabmat IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Nov-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	1,609.52	1,454.00	1,557.90	1,684.27
Total Revenue	4,951.27	4,692.92	3,729.42	5,562.73
Profit After Tax	31.85	7.30	3.97	6.40

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sep-18
Total Assets	1,519.99
Total Revenue	1,022.22
Profit After Tax	20.99

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73%

68.86%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Ashapuri Gold IPO retail investors (RII) are offered 27,26,000 shares while in Gleam Fabmat IPO retail investors are offered 27,26,000 shares. Qualified institutional buyers (QIB) are offered in Ashapuri Gold IPO and in Gleam Fabmat IPO.

	Ashapuri Gold IPO	Gleam Fabmat IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,98,000 shares	1,60,000 shares
QIB
NII	27,26,000 shares	14,80,000 shares
RII	27,26,000 shares	14,80,000 shares
Employee
Others
Total	54,52,000 shares	29,60,000 shares

Bids Received (Subscription)

Ashapuri Gold IPO subscribed 1.16x in total, whereas Gleam Fabmat IPO subscribed 1.75x.

	Ashapuri Gold IPO	Gleam Fabmat IPO
QIB (times)
NII (times)	2.07x	2.74x
Big NII (times)
Small NII (times)
RII (times)	0.25x	0.76x
Employee (times)
Other (times)
Total (times)	1.16x	1.75x

Compare with others

Ashapuri Gold IPO	Gleam Fabmat IPO
Roopshri Resorts IPO	Northern Spirits IPO
KHFM HOSPITALITY IPO	Artedz Fabs IPO
Northern Spirits IPO	Humming Bird Education ipo
Artedz Fabs IPO	Ashapuri Gold IPO
Humming Bird Education ipo	Mahip Industries IPO
Mahip Industries IPO	Aartech Solonics IPO
Gleam Fabmat IPO	Jonjua Overseas IPO
Aartech Solonics IPO	Anmol India IPO
Jonjua Overseas IPO	Kranti Industries IPO
Anmol India IPO	Ritco Logistics IPO

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