Aelea Commodities IPO vs Ganesh Green Bharat IPO

Comparision between Aelea Commodities IPO and Ganesh Green Bharat IPO.

IPO Details

Aelea Commodities IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Ganesh Green Bharat IPO is a SME Book Built Issue proposed to list at NSE SME.

	Aelea Commodities IPO	Ganesh Green Bharat IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Ekadrisht Capital Private Limited	Hem Securities Limited
Registrar	Maashitla Securities Private Limited	Kfin Technologies Limited
Market Maker	Ss Corporate 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 Aelea Commodities IPO is up to ₹51.00 Cr whereas the issue size of the Ganesh Green Bharat IPO is up to ₹125.23 Cr. The final issue price of Aelea Commodities IPO is ₹95.00 per share and of Ganesh Green Bharat IPO is ₹190.00 per share.

	Aelea Commodities IPO	Ganesh Green Bharat IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹91.00 per share	₹181.00 per share
Issue Price (Upper)	₹95.00 per share	₹190.00 per share
Issue Price (Final)	₹95.00 per share	₹190.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	600 shares
Fresh Issue Size	53,68,800 shares	65,91,000 shares
Fresh Issue Size (Amount)	up to ₹51.00 Cr	up to ₹125.23 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	53,68,800 shares	65,91,000 shares
Issue Size Total (Amount)	up to ₹51.00 Cr	up to ₹125.23 Cr

IPO Timetable

Aelea Commodities IPO opens on Jul 12, 2024, while Ganesh Green Bharat IPO opens on Jul 05, 2024. The closing date of Aelea Commodities IPO and Ganesh Green Bharat IPO is Jul 16, 2024, and Jul 09, 2024, respectively.

	Aelea Commodities IPO	Ganesh Green Bharat IPO
Anchor Bid Date	Jul 11, 2024	Jul 04, 2024
Issue Open	Jul 12, 2024	Jul 05, 2024
Issue Close	Jul 16, 2024	Jul 09, 2024
Basis Of Allotment (Tentative)	Jul 18, 2024	Jul 10, 2024
Initiation of Refunds (Tentative)	Jul 19, 2024	Jul 11, 2024
Credit of Share (Tentative)	Jul 19, 2024	Jul 11, 2024
Listing date (Tentative)	Jul 22, 2024	Jul 12, 2024
Anchor Lockin End date 1	Aug 17, 2024	Aug 09, 2024
Anchor Lockin End date 2	Oct 16, 2024	Oct 08, 2024

Financials

Aelea Commodities IPO P/E ratio is 11.62, as compared to Ganesh Green Bharat IPO P/E ratio of 15.85.

Aelea Commodities IPO

Ganesh Green Bharat IPO

Financial

Aelea Commodities Limited Financial Information (Restated Consolidated)

Aelea Commodities Limited's revenue increased by 31.2% and profit after tax (PAT) rose by 539.22% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 May 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	11,641.28	10,653.47	9,876.85	7,028.03	5,041.15
Revenue	2,758.47	14,450.77	11,014.44	10,550.85	47,595.26
Profit After Tax	280.36	1,222.32	191.22	1,063.11	1,108.51
Net Worth	4,875.32	4,592.89	3,383.00	3,060.89	1,940.51
Reserves and Surplus	3,375.32	3,092.89	3,351.00	3,029.53	1,932.69
Total Borrowing	4,120.36	4,077.32	3,327.40	2,130.76	1,096.14
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)

86.45%

100%

Promoter Shareholding (Post-Issue)

63.66%

73.42%

P/E Ratio

11.62

15.85

Market Cap

₹193.03 Cr.

₹509.22 Cr.

ROE

5.92%%

46.42%%

ROCE

5.72%%

29.98%%

Debt/Equity

0.85

0.94

EPS

₹8.18

₹11.99

RoNW

5.75%%

34.72%%

Shares Offered

In the Aelea Commodities IPO retail investors (RII) are offered 17,85,600 shares while in Ganesh Green Bharat IPO retail investors are offered 17,85,600 shares. Qualified institutional buyers (QIB) are offered 10,20,000 shares in Aelea Commodities IPO and 12,38,400 shares in Ganesh Green Bharat IPO.

	Aelea Commodities IPO	Ganesh Green Bharat IPO
Anchor Investor Reserveration	15,28,800 shares	18,57,600 shares
Market Maker Reserveration	2,68,800 shares	3,31,200 shares
QIB	10,20,000 shares	12,38,400 shares
NII	7,65,600 shares	9,29,400 shares
RII	17,85,600 shares	21,68,400 shares
Employee	0 shares	0 shares
Others
Total	35,71,200 shares	44,02,200 shares

Bids Received (Subscription)

Aelea Commodities IPO subscribed 195.83x in total, whereas Ganesh Green Bharat IPO subscribed 229.92x.

	Aelea Commodities IPO	Ganesh Green Bharat IPO
QIB (times)	104.22x	154.50x
NII (times)	389.87x	470.44x
Big NII (times)
Small NII (times)
RII (times)	164.95x	176.88x
Employee (times)
Other (times)
Total (times)	195.83x	229.92x

Compare with others

Aelea Commodities IPO	Ganesh Green Bharat IPO
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Sati Poly Plast IPO	Sahaj Solar IPO
Sahaj Solar IPO	Aelea Commodities IPO
Ganesh Green Bharat IPO	Effwa Infra and Research IPO
Effwa Infra and Research IPO	Ambey Laboratories IPO
Ambey Laboratories IPO	Nephro Care India IPO
Nephro Care India IPO	Diensten Tech IPO
Diensten Tech IPO	Visaman Global Sales IPO

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