Crop Life Science IPO vs Zeal Global Services IPO

Comparison between Crop Life Science IPO and Zeal Global Services IPO.

IPO Details

Crop Life Science IPO is a SME Fixed Price IPO proposed to list at NSE SME while Zeal Global Services IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Crop Life Science IPO is up to ₹25.38 Cr whereas the issue size of the Zeal Global Services IPO is up to ₹34.63 Cr. The final issue price of Crop Life Science IPO is ₹52.00 per share and of Zeal Global Services IPO is ₹103.00 per share.

 Crop Life Science IPOZeal Global Services IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹52.00 per share₹103.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1200 shares
Fresh Issue Size48,80,000 shares33,62,400 shares
Fresh Issue Size (Amount)up to ₹25.38 Crup to ₹34.63 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total48,80,000 shares33,62,400 shares
Issue Size Total (Amount)up to ₹25.38 Crup to ₹34.63 Cr

IPO Timetable

Crop Life Science IPO opens on Aug 18, 2023, while Zeal Global Services IPO opens on Jul 28, 2023. The closing date of Crop Life Science IPO and Zeal Global Services IPO is Aug 22, 2023, and Aug 01, 2023, respectively.

 Crop Life Science IPOZeal Global Services IPO
Issue OpenAug 18, 2023Jul 28, 2023
Issue CloseAug 22, 2023Aug 01, 2023
Basis Of Allotment (Tentative)Aug 25, 2023Aug 04, 2023
Initiation of Refunds (Tentative)Aug 28, 2023Aug 07, 2023
Credit of Share (Tentative)Aug 29, 2023Aug 08, 2023
Listing date (Tentative)Aug 30, 2023Aug 09, 2023

Financials & KPIs

Crop Life Science IPO P/E ratio is 14.29, as compared to Zeal Global Services IPO P/E ratio of 13.83.

 Crop Life Science IPOZeal Global Services IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets104.7294.5886.3076.45
Total Income123.23102.39119.50135.31
Profit After Tax4.372.813.703.23
NET Worth40.3935.2632.8729.26
Reserves and Surplus28.3924.0221.1517.70
Total Borrowing26.8220.9317.4715.94
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jan 202331 Mar 202231 Mar 202131 Mar 2020
Assets49.6931.9518.9322.03
Total Income95.05121.2860.9576.71
Profit After Tax8.275.241.701.34
NET Worth21.1612.776.034.36
Reserves and Surplus19.2010.825.433.76
Total Borrowing12.441.941.712.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)70.01%73.4%
P/E Ratio14.2913.83
Market Cap₹89.13 Cr.₹137.09 Cr.
ROE11.5441.05
ROCE18.6358
Debt/Equity0.680.15
EPS₹3.64₹8.46
RoNW10.8156.56

Shares Offered

In the Crop Life Science IPO Retail Individual Investors (RII) are offered 24,40,000 shares while in Zeal Global Services IPO retail investors are offered 24,40,000 shares. Qualified Institutional Buyers (QIB) are offered in Crop Life Science IPO and in Zeal Global Services IPO.

 Crop Life Science IPOZeal Global Services IPO
Market Maker Reservation2,60,000 shares1,77,600 shares
NII24,40,000 shares16,80,000 shares
RII24,40,000 shares16,82,400 shares
Total48,80,000 shares33,62,400 shares

Bids Received (Subscription)

Crop Life Science IPO subscribed 4.35x in total, whereas Zeal Global Services IPO subscribed 4.05x.

 Crop Life Science IPOZeal Global Services IPO
NII (times)1.56x4.26x
RII (times)7.15x3.85x
Total (times)4.35x4.05x

Compare with others

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Crop Life Science IPO Vs Zeal Global Services IPO