Effwa Infra and Research IPO vs Ganesh Green Bharat IPO

Comparision between Effwa Infra and Research IPO and Ganesh Green Bharat IPO.

IPO Details

Effwa Infra and Research IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Ganesh Green Bharat IPO is a SME Book Built Issue proposed to list at NSE SME.

	Effwa Infra and Research IPO	Ganesh Green Bharat IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Shreni Shares Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Rikhav Securities Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Effwa Infra and Research IPO is up to ₹51.27 Cr whereas the issue size of the Ganesh Green Bharat IPO is up to ₹125.23 Cr. The final issue price of Effwa Infra and Research IPO is ₹82.00 per share and of Ganesh Green Bharat IPO is ₹190.00 per share.

	Effwa Infra and Research IPO	Ganesh Green Bharat IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹78.00 per share	₹181.00 per share
Issue Price (Upper)	₹82.00 per share	₹190.00 per share
Issue Price (Final)	₹82.00 per share	₹190.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	600 shares
Fresh Issue Size	53,16,800 shares	65,91,000 shares
Fresh Issue Size (Amount)	up to ₹43.60 Cr	up to ₹125.23 Cr
OFS Issue Size	9,36,000 shares
OFS Issue Size (Amount)	up to ₹7.68 Cr
Issue Size Total	62,52,800 shares	65,91,000 shares
Issue Size Total (Amount)	up to ₹51.27 Cr	up to ₹125.23 Cr

IPO Timetable

Effwa Infra and Research IPO opens on Jul 05, 2024, while Ganesh Green Bharat IPO opens on Jul 05, 2024. The closing date of Effwa Infra and Research IPO and Ganesh Green Bharat IPO is Jul 09, 2024, and Jul 09, 2024, respectively.

	Effwa Infra and Research IPO	Ganesh Green Bharat IPO
Anchor Bid Date	Jul 04, 2024	Jul 04, 2024
Issue Open	Jul 05, 2024	Jul 05, 2024
Issue Close	Jul 09, 2024	Jul 09, 2024
Basis Of Allotment (Tentative)	Jul 10, 2024	Jul 10, 2024
Initiation of Refunds (Tentative)	Jul 11, 2024	Jul 11, 2024
Credit of Share (Tentative)	Jul 11, 2024	Jul 11, 2024
Listing date (Tentative)	Jul 12, 2024	Jul 12, 2024
Anchor Lockin End date 1	Aug 09, 2024	Aug 09, 2024
Anchor Lockin End date 2	Oct 08, 2024	Oct 08, 2024

Financials

Effwa Infra and Research IPO P/E ratio is 10.59, as compared to Ganesh Green Bharat IPO P/E ratio of 15.85.

Effwa Infra and Research IPO

Ganesh Green Bharat IPO

Financial

Effwa Infra & Research Limited Financial Information (Restated)

Effwa Infra & Research Limited's revenue increased by 26.08% and profit after tax (PAT) rose by 169% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	8,302.83	6,478.54	4,648.21
Revenue	14,551.46	11,541.36	10,461.67
Profit After Tax	1,380.06	513.04	459.99
Net Worth	3,715.05	2,355.89	1,842.85
Reserves and Surplus	1,932.01	2,123.32	1,610.28
Total Borrowing	1,406.44	1,623.01	1,026.11
Amount in ₹ Lakhs

Ganesh Green Bharat Limited Financial Information (Restated Consolidated)

Ganesh Green Bharat Limited's revenue increased by 89.82% and profit after tax (PAT) rose by 167.67% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	15,029.82	8,786.05	8,835.50
Revenue	17,196.48	9,059.53	10,612.10
Profit After Tax	2,183.02	815.57	520.75
Net Worth	5,727.64	2,707.34	2,707.34
Reserves and Surplus	3,906.64	3,402.91	2,587.34
Total Borrowing	5,370.17	2,738.89	2,247.06
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

100%

Promoter Shareholding (Post-Issue)

72.99%

73.42%

P/E Ratio

10.59

15.85

Market Cap

₹189.81 Cr.

₹509.22 Cr.

ROE

45.46%%

46.42%%

ROCE

40.99%%

29.98%%

Debt/Equity

0.38

0.94

EPS

₹7.74

₹11.99

RoNW

37.15%%

34.72%%

Shares Offered

In the Effwa Infra and Research IPO retail investors (RII) are offered 20,91,200 shares while in Ganesh Green Bharat IPO retail investors are offered 20,91,200 shares. Qualified institutional buyers (QIB) are offered 11,68,000 shares in Effwa Infra and Research IPO and 12,38,400 shares in Ganesh Green Bharat IPO.

	Effwa Infra and Research IPO	Ganesh Green Bharat IPO
Anchor Investor Reserveration	17,48,800 shares	18,57,600 shares
Market Maker Reserveration	3,24,800 shares	3,31,200 shares
QIB	11,68,000 shares	12,38,400 shares
NII	9,20,000 shares	9,29,400 shares
RII	20,91,200 shares	21,68,400 shares
Employee	0 shares	0 shares
Others
Total	41,79,200 shares	44,02,200 shares

Bids Received (Subscription)

Effwa Infra and Research IPO subscribed 313.65x in total, whereas Ganesh Green Bharat IPO subscribed 229.92x.

	Effwa Infra and Research IPO	Ganesh Green Bharat IPO
QIB (times)	166.56x	154.50x
NII (times)	477.27x	470.44x
Big NII (times)
Small NII (times)
RII (times)	323.81x	176.88x
Employee (times)
Other (times)
Total (times)	313.65x	229.92x

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Ganesh Green Bharat IPO	Aelea Commodities IPO
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