Gayatri Rubbers and Chemicals IPO vs Patron Exim IPO

Comparision between Gayatri Rubbers and Chemicals IPO and Patron Exim IPO.

IPO Details

Gayatri Rubbers and Chemicals IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Patron Exim IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Gayatri Rubbers and Chemicals IPO	Patron Exim IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Khambatta Securities Limited	Interactive Financial Services Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker		Sunflower Broking Private Limited
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 Gayatri Rubbers and Chemicals IPO is up to ₹4.58 Cr whereas the issue size of the Patron Exim IPO is up to ₹16.69 Cr. The final issue price of Gayatri Rubbers and Chemicals IPO is ₹30.00 per share and of Patron Exim IPO is ₹27.00 per share.

	Gayatri Rubbers and Chemicals IPO	Patron Exim IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹27.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	4000 shares
Fresh Issue Size	15,28,000 shares	61,80,000 shares
Fresh Issue Size (Amount)	up to ₹4.58 Cr	up to ₹16.69 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	15,28,000 shares	61,80,000 shares
Issue Size Total (Amount)	up to ₹4.58 Cr	up to ₹16.69 Cr

IPO Timetable

Gayatri Rubbers and Chemicals IPO opens on Jan 25, 2023, while Patron Exim IPO opens on Feb 21, 2023. The closing date of Gayatri Rubbers and Chemicals IPO and Patron Exim IPO is Jan 30, 2023, and Feb 24, 2023, respectively.

	Gayatri Rubbers and Chemicals IPO	Patron Exim IPO
Anchor Bid Date
Issue Open	Jan 25, 2023	Feb 21, 2023
Issue Close	Jan 30, 2023	Feb 24, 2023
Basis Of Allotment (Tentative)	Feb 02, 2023	Mar 01, 2023
Initiation of Refunds (Tentative)	Feb 03, 2023	Mar 02, 2023
Credit of Share (Tentative)	Feb 06, 2023	Mar 03, 2023
Listing date (Tentative)	Feb 07, 2023	Mar 06, 2023
Anchor Lockin End date 1	Mar 04, 2023	Mar 31, 2023
Anchor Lockin End date 2	May 03, 2023	May 30, 2023

Financials

Gayatri Rubbers and Chemicals IPO P/E ratio is 23.62, as compared to Patron Exim IPO P/E ratio of 28.72.

Gayatri Rubbers and Chemicals IPO

Patron Exim IPO

Financial

Gayatri Rubbers and Chemicals Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	597.65	656.91	6.75	23.56	7.87	0.00
31-Mar-21	556.56	1,563.08	14.53	171.52	22.39	0.00
31-Mar-22	497.77	1,673.73	81.01	155.41	103.40	263.40
14-Apr-22	573.44	120.80	30.69	185.01	134.09	262.58
31-Dec-22	898.47	1,664.84	54.81	462.19	41.19	78.97
Amount in ₹ Lakhs

Patron Exim Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	1,634.01	2,516.44	2.20	259.43	137.18
31-Mar-21	810.93	2,053.72	7.31	270.43	236.99
31-Mar-22	1,464.57	501.61	83.11	514.46	0.00
30-Nov-22	2,447.61	1,054.12	145.41	1,625.87	617.64
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

97.06%

Promoter Shareholding (Post-Issue)

73.37%

71.18%

P/E Ratio

23.62

28.72

Market Cap

₹17.21 Cr.

₹62.59 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Gayatri Rubbers and Chemicals IPO retail investors (RII) are offered 7,24,000 shares while in Patron Exim IPO retail investors are offered 7,24,000 shares. Qualified institutional buyers (QIB) are offered in Gayatri Rubbers and Chemicals IPO and in Patron Exim IPO.

	Gayatri Rubbers and Chemicals IPO	Patron Exim IPO
Anchor Investor Reserveration
Market Maker Reserveration	80,000 shares	3,16,000 shares
QIB
NII	7,24,000 shares	29,32,000 shares
RII	7,24,000 shares	29,32,000 shares
Employee
Others
Total	14,48,000 shares	58,64,000 shares

Bids Received (Subscription)

Gayatri Rubbers and Chemicals IPO subscribed 37.94x in total, whereas Patron Exim IPO subscribed 1.07x.

	Gayatri Rubbers and Chemicals IPO	Patron Exim IPO
QIB (times)
NII (times)	33.65x	0.97x
Big NII (times)
Small NII (times)
RII (times)	42.23x	1.17x
Employee (times)
Other (times)
Total (times)	37.94x	1.07x

Compare with others

Gayatri Rubbers and Chemicals IPO	Patron Exim IPO
Patron Exim IPO	SVJ Enterprises IPO
Lead Reclaim and Rubber Products IPO	Sealmatic India IPO
Indong Tea Company IPO	Macfos IPO
Agarwal Float Glass India IPO	ITCONS E-Solutions IPO
Shera Energy IPO	Viaz Tyres IPO
Earthstahl & Alloys IPO	Lead Reclaim and Rubber Products IPO
Transvoy Logistics India IPO	Indong Tea Company IPO
DHARNI Capital Services IPO	Agarwal Float Glass India IPO
Aristo Bio-Tech and Lifescience IPO	Shera Energy IPO
Ducol Organics And Colours IPO	Gayatri Rubbers and Chemicals IPO

Comments

Add a public comment...