Globesecure Technologies IPO vs Rachana Infrastructure IPO

Comparision between Globesecure Technologies IPO and Rachana Infrastructure IPO.

IPO Details

Globesecure Technologies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Rachana Infrastructure IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Globesecure Technologies IPO	Rachana Infrastructure 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	Interactive Financial Services 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 Rachana Infrastructure IPO is up to ₹76.28 Cr. The final issue price of Globesecure Technologies IPO is ₹29.00 per share and of Rachana Infrastructure IPO is ₹135.00 per share.

	Globesecure Technologies IPO	Rachana Infrastructure IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹29.00 per share	₹135.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1000 shares
Fresh Issue Size	34,92,000 shares	28,25,000 shares
Fresh Issue Size (Amount)	up to ₹10.13 Cr	up to ₹38.14 Cr
OFS Issue Size		28,25,000 shares
OFS Issue Size (Amount)		up to ₹38.14 Cr
Issue Size Total	34,92,000 shares	56,50,000 shares
Issue Size Total (Amount)	up to ₹10.13 Cr	up to ₹76.28 Cr

IPO Timetable

Globesecure Technologies IPO opens on May 23, 2022, while Rachana Infrastructure IPO opens on May 20, 2022. The closing date of Globesecure Technologies IPO and Rachana Infrastructure IPO is May 25, 2022, and Jun 02, 2022, respectively.

	Globesecure Technologies IPO	Rachana Infrastructure IPO
Anchor Bid Date
Issue Open	May 23, 2022	May 20, 2022
Issue Close	May 25, 2022	Jun 02, 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 Rachana Infrastructure IPO P/E ratio of 138.

Globesecure Technologies IPO

Rachana Infrastructure 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 (Restated Standalone)
Particulars	For the year/period ended (₹ in Lakhs)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	8,784.50	8,043.07	10,618.21	7,981.82
Total Revenue	4,171.07	10,705.67	15,840.55	11,393.32
Profit After Tax	139.85	455.31	597.13	466.45

Promoter Shareholding (Pre-Issue)

58.05%

83.44%

Promoter Shareholding (Post-Issue)

35.80%

P/E Ratio

17.9

138

Market Cap

₹26.41 Cr.

₹256.75 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 Rachana Infrastructure IPO retail investors are offered 16,56,000 shares. Qualified institutional buyers (QIB) are offered in Globesecure Technologies IPO and in Rachana Infrastructure IPO.

	Globesecure Technologies IPO	Rachana Infrastructure IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,80,000 shares	2,84,000 shares
QIB
NII	16,56,000 shares	26,83,000 shares
RII	16,56,000 shares	26,83,000 shares
Employee
Others
Total	33,12,000 shares	53,66,000 shares

Bids Received (Subscription)

Globesecure Technologies IPO subscribed 14.17x in total, whereas Rachana Infrastructure IPO subscribed 1.21x.

	Globesecure Technologies IPO	Rachana Infrastructure IPO
QIB (times)
NII (times)	23.70x	1.82x
Big NII (times)
Small NII (times)
RII (times)	4.64x	0.60x
Employee (times)
Other (times)
Total (times)	14.17x	1.21x

Compare with others

Globesecure Technologies IPO	Rachana Infrastructure IPO
KCK Industries IPO	Goel Food Products IPO
Goel Food Products IPO	Scarnose International IPO
Scarnose International IPO	Silver Pearl Hospitality IPO
Silver Pearl Hospitality IPO	Fidel Softech IPO
Fidel Softech IPO	Globesecure Technologies IPO
Rachana Infrastructure IPO	Sonu Infratech IPO
Sonu Infratech IPO	Nanavati Ventures IPO
Nanavati Ventures IPO	Fone4 Communications IPO
Fone4 Communications IPO	Le Merite Exports IPO
Le Merite Exports IPO	Shashwat Furnishing Solutions IPO

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