Globesecure Technologies IPO vs Scarnose International IPO

Comparision between Globesecure Technologies IPO and Scarnose International IPO.

IPO Details

Globesecure Technologies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Scarnose International IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Globesecure Technologies IPO	Scarnose International 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	Fast Track Finsec Pvt Ltd	Finshore Management Services Limited
Registrar	Skyline Financial Services Private Ltd	Cameo Corporate Services Limited
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 Scarnose International IPO is up to ₹6.60 Cr. The final issue price of Globesecure Technologies IPO is ₹29.00 per share and of Scarnose International IPO is ₹55.00 per share.

	Globesecure Technologies IPO	Scarnose International IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹29.00 per share	₹55.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	2000 shares
Fresh Issue Size	34,92,000 shares	12,00,000 shares
Fresh Issue Size (Amount)	up to ₹10.13 Cr	up to ₹6.60 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	34,92,000 shares	12,00,000 shares
Issue Size Total (Amount)	up to ₹10.13 Cr	up to ₹6.60 Cr

IPO Timetable

Globesecure Technologies IPO opens on May 23, 2022, while Scarnose International IPO opens on Jun 14, 2022. The closing date of Globesecure Technologies IPO and Scarnose International IPO is May 25, 2022, and Jun 17, 2022, respectively.

	Globesecure Technologies IPO	Scarnose International IPO
Anchor Bid Date
Issue Open	May 23, 2022	Jun 14, 2022
Issue Close	May 25, 2022	Jun 17, 2022
Basis Of Allotment (Tentative)	May 30, 2022	Jun 22, 2022
Initiation of Refunds (Tentative)	May 31, 2022	Jun 23, 2022
Credit of Share (Tentative)	May 31, 2022	Jun 24, 2022
Listing date (Tentative)	Jun 02, 2022	Jun 27, 2022
Anchor Lockin End date 1	Jun 29, 2022	Jul 22, 2022
Anchor Lockin End date 2	Aug 28, 2022	Sep 20, 2022

Financials

Globesecure Technologies IPO P/E ratio is 17.9, as compared to Scarnose International IPO P/E ratio of 51.89.

Globesecure Technologies IPO

Scarnose International 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

Scarnose International Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	1204.91	1204.56	2.81	4.05	3.04
31-Mar-21	457.8	3255.72	22.51	190.55	148.55
31-Mar-22	1242.25	9593.02	33.42	339	143.98
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

58.05%

99.99%

Promoter Shareholding (Post-Issue)

35.80%

61.90%

P/E Ratio

17.9

51.89

Market Cap

₹26.41 Cr.

₹17.33 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 Scarnose International IPO retail investors are offered 16,56,000 shares. Qualified institutional buyers (QIB) are offered in Globesecure Technologies IPO and in Scarnose International IPO.

	Globesecure Technologies IPO	Scarnose International IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,80,000 shares	60,000 shares
QIB
NII	16,56,000 shares	5,70,000 shares
RII	16,56,000 shares	5,70,000 shares
Employee
Others
Total	33,12,000 shares	11,40,000 shares

Bids Received (Subscription)

Globesecure Technologies IPO subscribed 14.17x in total, whereas Scarnose International IPO subscribed 2.22x.

	Globesecure Technologies IPO	Scarnose International IPO
QIB (times)
NII (times)	23.70x	2.09x
Big NII (times)
Small NII (times)
RII (times)	4.64x	2.34x
Employee (times)
Other (times)
Total (times)	14.17x	2.22x

Compare with others

Globesecure Technologies IPO	Scarnose International IPO
KCK Industries IPO	Mangalam Worldwide IPO
Goel Food Products IPO	Modis Navnirman IPO
Scarnose International IPO	Pearl Green Clubs and Resorts IPO
Silver Pearl Hospitality IPO	KCK Industries IPO
Fidel Softech IPO	Goel Food Products IPO
Rachana Infrastructure IPO	Silver Pearl Hospitality IPO
Sonu Infratech IPO	Fidel Softech IPO
Nanavati Ventures IPO	Globesecure Technologies IPO
Fone4 Communications IPO	Rachana Infrastructure IPO
Le Merite Exports IPO	Sonu Infratech IPO

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