Focus Business Solution IPO vs Gretex Corporate Services IPO

Comparision between Focus Business Solution IPO and Gretex Corporate Services IPO.

IPO Details

Focus Business Solution IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Gretex Corporate Services IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Focus Business Solution IPO	Gretex Corporate Services IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Navigant Corporate Advisors Ltd	Aryaman Financial Services Limited
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Focus Business Solution IPO is up to ₹1.22 Cr whereas the issue size of the Gretex Corporate Services IPO is up to ₹5.13 Cr. The final issue price of Focus Business Solution IPO is ₹19.00 per share and of Gretex Corporate Services IPO is ₹170.00 per share.

	Focus Business Solution IPO	Gretex Corporate Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹19.00 per share	₹170.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	800 shares
Fresh Issue Size		2,37,600 shares
Fresh Issue Size (Amount)		up to ₹4.04 Cr
OFS Issue Size		64,000 shares
OFS Issue Size (Amount)		up to ₹1.09 Cr
Issue Size Total	6,42,000 shares	3,01,600 shares
Issue Size Total (Amount)	up to ₹1.22 Cr	up to ₹5.13 Cr

IPO Timetable

Focus Business Solution IPO opens on Jun 30, 2021, while Gretex Corporate Services IPO opens on Jul 27, 2021. The closing date of Focus Business Solution IPO and Gretex Corporate Services IPO is Jul 05, 2021, and Jul 30, 2021, respectively.

	Focus Business Solution IPO	Gretex Corporate Services IPO
Anchor Bid Date
Issue Open	Jun 30, 2021	Jul 27, 2021
Issue Close	Jul 05, 2021	Jul 30, 2021
Basis Of Allotment (Tentative)	Jul 08, 2021	Aug 04, 2021
Initiation of Refunds (Tentative)	Jul 09, 2021	Aug 05, 2021
Credit of Share (Tentative)	Jul 12, 2021	Aug 06, 2021
Listing date (Tentative)	Jul 13, 2021	Aug 09, 2021
Anchor Lockin End date 1	Aug 07, 2021	Sep 03, 2021
Anchor Lockin End date 2	Oct 06, 2021	Nov 02, 2021

Financials

Focus Business Solution IPO P/E ratio is , as compared to Gretex Corporate Services IPO P/E ratio of .

Focus Business Solution IPO

Gretex Corporate Services IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakhs)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	468.19	395.66	415.64	344.76
Total Revenue	799.19	1,090.73	1,073.97	1,023.76
Profit After Tax	19.74	15.25	11.77	10.99

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,011.22	838.21	946.16
Total Revenue	324.63	145.31	315.53
Profit After Tax	71.41	(115.21)	24.97

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.48%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Focus Business Solution IPO retail investors (RII) are offered 3,00,000 shares while in Gretex Corporate Services IPO retail investors are offered 3,00,000 shares. Qualified institutional buyers (QIB) are offered in Focus Business Solution IPO and in Gretex Corporate Services IPO.

	Focus Business Solution IPO	Gretex Corporate Services IPO
Anchor Investor Reserveration
Market Maker Reserveration	42,000 shares	15,200 shares
QIB
NII	3,00,000 shares	1,43,200 shares
RII	3,00,000 shares	1,43,200 shares
Employee
Others
Total	6,00,000 shares	2,86,400 shares

Bids Received (Subscription)

Focus Business Solution IPO subscribed 6.66x in total, whereas Gretex Corporate Services IPO subscribed 7.27x.

	Focus Business Solution IPO	Gretex Corporate Services IPO
QIB (times)
NII (times)	3.22x	2.37x
Big NII (times)
Small NII (times)
RII (times)	10.10x	12.17x
Employee (times)
Other (times)
Total (times)	6.66x	7.27x

Compare with others

Focus Business Solution IPO	Gretex Corporate Services IPO
NPST IPO	BEW Engineering IPO
Gretex Corporate Services IPO	SBL Infratech Limited IPO
Rex Pipes and Cables IPO	DU Digital Technologies IPO
AA Plus Tradelink IPO	Aashka Hospitals IPO
Walpar Nutritions IPO	NPST IPO
Times Green Energy IPO	Rex Pipes and Cables IPO
Adeshwar Meditex IPO	AA Plus Tradelink IPO
Navoday Enterprises IPO	Walpar Nutritions IPO
Abhishek Integrations IPO	Focus Business Solution IPO
Kuberan Global Edu Solutions IPO	Times Green Energy IPO

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