Advait Infratech SME IPO vs GM Polyplast IPO

Comparision between Advait Infratech SME IPO and GM Polyplast IPO.

IPO Details

Advait Infratech SME IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while GM Polyplast IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Advait Infratech SME IPO	GM Polyplast 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	Isk Advisors Pvt Ltd	Gretex Corporate Services Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	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 Advait Infratech SME IPO is up to ₹6.89 Cr whereas the issue size of the GM Polyplast IPO is up to ₹8.09 Cr. The final issue price of Advait Infratech SME IPO is ₹51.00 per share and of GM Polyplast IPO is ₹159.00 per share.

	Advait Infratech SME IPO	GM Polyplast IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹51.00 per share	₹159.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	800 shares
Fresh Issue Size	13,50,000 shares	3,22,800 shares
Fresh Issue Size (Amount)	up to ₹6.89 Cr	up to ₹5.13 Cr
OFS Issue Size		1,86,000 shares
OFS Issue Size (Amount)		up to ₹2.96 Cr
Issue Size Total	13,50,000 shares	5,08,800 shares
Issue Size Total (Amount)	up to ₹6.89 Cr	up to ₹8.09 Cr

IPO Timetable

Advait Infratech SME IPO opens on Sep 15, 2020, while GM Polyplast IPO opens on Sep 30, 2020. The closing date of Advait Infratech SME IPO and GM Polyplast IPO is Sep 18, 2020, and Oct 06, 2020, respectively.

	Advait Infratech SME IPO	GM Polyplast IPO
Anchor Bid Date
Issue Open	Sep 15, 2020	Sep 30, 2020
Issue Close	Sep 18, 2020	Oct 06, 2020
Basis Of Allotment (Tentative)	Sep 25, 2020	Oct 09, 2020
Initiation of Refunds (Tentative)	Sep 28, 2020	Oct 13, 2020
Credit of Share (Tentative)	Sep 29, 2020	Oct 13, 2020
Listing date (Tentative)	Sep 28, 2020	Oct 14, 2020
Anchor Lockin End date 1	Oct 25, 2020	Nov 08, 2020
Anchor Lockin End date 2	Dec 24, 2020	Jan 07, 2021

Financials

Advait Infratech SME IPO P/E ratio is , as compared to GM Polyplast IPO P/E ratio of .

Advait Infratech SME IPO

GM Polyplast IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	5,155.62	4,436.72	3,315.84
Total Revenue	4581.26	2,852.38	4,531.70
Profit After Tax	54.04	249.02	620.59

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lacs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	2,482.68	2,537.03	2,533.25
Total Revenue	6,342.98	6,834.50	5,551.24
Profit After Tax	231.80	138.04	92.20

Promoter Shareholding (Pre-Issue)

99.99%

100%

Promoter Shareholding (Post-Issue)

73.51%

73.65%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Advait Infratech SME IPO retail investors (RII) are offered 6,75,000 shares while in GM Polyplast IPO retail investors are offered 6,75,000 shares. Qualified institutional buyers (QIB) are offered in Advait Infratech SME IPO and in GM Polyplast IPO.

	Advait Infratech SME IPO	GM Polyplast IPO
Anchor Investor Reserveration
Market Maker Reserveration	68,000 shares	26,000 shares
QIB
NII	6,75,000 shares	2,41,600 shares
RII	6,75,000 shares	2,41,600 shares
Employee
Others
Total	13,50,000 shares	4,83,200 shares

Bids Received (Subscription)

Advait Infratech SME IPO subscribed 1.92x in total, whereas GM Polyplast IPO subscribed 1.60x.

	Advait Infratech SME IPO	GM Polyplast IPO
QIB (times)
NII (times)	1.53x	2.13x
Big NII (times)
Small NII (times)
RII (times)	2.32x	1.07x
Employee (times)
Other (times)
Total (times)	1.92x	1.60x

Compare with others

Advait Infratech SME IPO	GM Polyplast IPO
Sigma Solve IPO	Bodhi Tree Multimedia IPO
Veer Global Infraconstruction IPO	Atal Realtech IPO
GM Polyplast IPO	AAA Technologies IPO
Atam Valves SME IPO	Sigma Solve IPO
SecMark SME IPO	Veer Global Infraconstruction IPO
Hippo Cabs IPO	Atam Valves SME IPO
Suratwwala Business IPO	SecMark SME IPO
Bonlon Industries IPO	Advait Infratech SME IPO
ksolves India IPO	Hippo Cabs IPO
Billwin Industries IPO	Suratwwala Business IPO

Comments

Add a public comment...