Globesecure Technologies IPO vs Le Merite Exports IPO

Comparision between Globesecure Technologies IPO and Le Merite Exports IPO.

IPO Details

Globesecure Technologies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Le Merite Exports IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Globesecure Technologies IPO	Le Merite Exports IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Fast Track Finsec Pvt Ltd	Fedex Securities Pvt Ltd
Registrar	Skyline Financial Services Private Ltd	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 Globesecure Technologies IPO is up to ₹10.13 Cr whereas the issue size of the Le Merite Exports IPO is up to ₹48.00 Cr. The final issue price of Globesecure Technologies IPO is ₹29.00 per share and of Le Merite Exports IPO is ₹75.00 per share.

	Globesecure Technologies IPO	Le Merite Exports IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹29.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1600 shares
Fresh Issue Size	34,92,000 shares
Fresh Issue Size (Amount)	up to ₹10.13 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	34,92,000 shares	64,00,000 shares
Issue Size Total (Amount)	up to ₹10.13 Cr	up to ₹48.00 Cr

IPO Timetable

Globesecure Technologies IPO opens on May 23, 2022, while Le Merite Exports IPO opens on Apr 25, 2022. The closing date of Globesecure Technologies IPO and Le Merite Exports IPO is May 25, 2022, and Apr 28, 2022, respectively.

	Globesecure Technologies IPO	Le Merite Exports IPO
Anchor Bid Date
Issue Open	May 23, 2022	Apr 25, 2022
Issue Close	May 25, 2022	Apr 28, 2022
Basis Of Allotment (Tentative)	May 30, 2022
Initiation of Refunds (Tentative)	May 31, 2022
Credit of Share (Tentative)	May 31, 2022
Listing date (Tentative)	Jun 02, 2022
Anchor Lockin End date 1	Jun 29, 2022
Anchor Lockin End date 2	Aug 28, 2022

Financials

Globesecure Technologies IPO P/E ratio is 17.9, as compared to Le Merite Exports IPO P/E ratio of 11.09.

Globesecure Technologies IPO

Le Merite Exports IPO

Financial

Globesecure Technologies Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-19	1565.3	1042.9	61.7
31-Mar-20	2243.2	1924.3	11.8
31-Mar-21	2759.2	1922.6	100.5
31-Dec-21	2976	1117	111.2
Amount in ₹ Lakhs

Summary of financial Information
Particulars	For the year/period ended (Rs in Lakhs)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	17,706.95	9,202.17	5,626.08	5,660.48
Total Revenue	37,087.03	26,913.44	21,728.00	18,093.32
Profit After Tax	1,586.91	705.65	314.62	112.83

Promoter Shareholding (Pre-Issue)

58.05%

99.99%

Promoter Shareholding (Post-Issue)

35.80%

P/E Ratio

17.9

11.09

Market Cap

₹26.41 Cr.

₹176.11 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Globesecure Technologies IPO retail investors (RII) are offered 16,56,000 shares while in Le Merite Exports IPO retail investors are offered 16,56,000 shares. Qualified institutional buyers (QIB) are offered in Globesecure Technologies IPO and in Le Merite Exports IPO.

	Globesecure Technologies IPO	Le Merite Exports IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,80,000 shares	3,36,000 shares
QIB
NII	16,56,000 shares	30,32,000 shares
RII	16,56,000 shares	30,32,000 shares
Employee
Others
Total	33,12,000 shares	60,64,000 shares

Bids Received (Subscription)

Globesecure Technologies IPO subscribed 14.17x in total, whereas Le Merite Exports IPO subscribed 15.69x.

	Globesecure Technologies IPO	Le Merite Exports IPO
QIB (times)
NII (times)	23.70x	15.27x
Big NII (times)
Small NII (times)
RII (times)	4.64x	16.10x
Employee (times)
Other (times)
Total (times)	14.17x	15.69x

Compare with others

Globesecure Technologies IPO	Le Merite Exports IPO
KCK Industries IPO	Globesecure Technologies IPO
Goel Food Products IPO	Rachana Infrastructure IPO
Scarnose International IPO	Sonu Infratech IPO
Silver Pearl Hospitality IPO	Nanavati Ventures IPO
Fidel Softech IPO	Fone4 Communications IPO
Rachana Infrastructure IPO	Shashwat Furnishing Solutions IPO
Sonu Infratech IPO	Global Longlife Hospital IPO
Nanavati Ventures IPO	Eighty Jewellers IPO
Fone4 Communications IPO	Sunrise Efficient Marketing IPO
Le Merite Exports IPO	Dhyaani Tile IPO

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