Blue Pebble IPO vs GConnect Logitech IPO

Comparision between Blue Pebble IPO and GConnect Logitech IPO.

IPO Details

Blue Pebble IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while GConnect Logitech IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Blue Pebble IPO	GConnect Logitech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Fedex Securities�Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Hem Finlease Private Limited	Aftertrade Broking Pvt Ltd
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Blue Pebble IPO is up to ₹18.14 Cr whereas the issue size of the GConnect Logitech IPO is up to ₹5.60 Cr. The final issue price of Blue Pebble IPO is ₹168.00 per share and of GConnect Logitech IPO is ₹40.00 per share.

	Blue Pebble IPO	GConnect Logitech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹159.00 per share
Issue Price (Upper)	₹168.00 per share
Issue Price (Final)	₹168.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	3000 shares
Fresh Issue Size	10,80,000 shares	14,01,000 shares
Fresh Issue Size (Amount)	up to ₹18.14 Cr	up to ₹5.60 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	10,80,000 shares	14,01,000 shares
Issue Size Total (Amount)	up to ₹18.14 Cr	up to ₹5.60 Cr

IPO Timetable

Blue Pebble IPO opens on Mar 26, 2024, while GConnect Logitech IPO opens on Mar 26, 2024. The closing date of Blue Pebble IPO and GConnect Logitech IPO is Mar 28, 2024, and Mar 28, 2024, respectively.

	Blue Pebble IPO	GConnect Logitech IPO
Anchor Bid Date	Mar 22, 2024
Issue Open	Mar 26, 2024	Mar 26, 2024
Issue Close	Mar 28, 2024	Mar 28, 2024
Basis Of Allotment (Tentative)	Apr 01, 2024	Apr 01, 2024
Initiation of Refunds (Tentative)	Apr 02, 2024	Apr 02, 2024
Credit of Share (Tentative)	Apr 02, 2024	Apr 02, 2024
Listing date (Tentative)	Apr 03, 2024	Apr 03, 2024
Anchor Lockin End date 1	May 01, 2024
Anchor Lockin End date 2	Jun 30, 2024

Financials

Blue Pebble IPO P/E ratio is 25.16, as compared to GConnect Logitech IPO P/E ratio of 1.5.

Blue Pebble IPO

GConnect Logitech IPO

Financial

Blue Pebble Limited Financial Information (Restated)

Blue Pebble Limited's revenue increased by 190.98% and profit after tax (PAT) rose by 426.49% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	934.35	876.36	342.62	299.88
Revenue	1,322.68	1,594.96	548.14	421.04
Profit After Tax	291.78	200.33	38.05	20.06
Net Worth	606.17	314.39	114.06	76.01
Reserves and Surplus	306.17	313.39	113.06	75.01
Total Borrowing		27.28	37.20	37.20
Amount in ₹ Lakhs

GConnect Logitech and Supply Chain Limited Financial Information (Restated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	423.25	82.46
Revenue	212.57	101.03
Profit After Tax	22.83	10.86
Net Worth	398.15	77.51
Reserves and Surplus	166.29	60.10
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

76.76%

Promoter Shareholding (Post-Issue)

73.52%

47.85%

P/E Ratio

25.16

1.5

Market Cap

₹68.54 Cr.

₹14.88 Cr.

ROE

63.39%%

5.73%%

ROCE

64.12%%

7.67%%

Debt/Equity

EPS

₹6.68

₹26.64

RoNW

48.14%%

5.73%%

Shares Offered

In the Blue Pebble IPO retail investors (RII) are offered 3,59,200 shares while in GConnect Logitech IPO retail investors are offered 3,59,200 shares. Qualified institutional buyers (QIB) are offered 2,04,800 shares in Blue Pebble IPO and 0 shares in GConnect Logitech IPO.

	Blue Pebble IPO	GConnect Logitech IPO
Anchor Investor Reserveration	3,05,600 shares
Market Maker Reserveration	56,000 shares	75,000 shares
QIB	2,04,800 shares	0 shares
NII	1,54,400 shares	6,63,000 shares
RII	3,59,200 shares	6,63,000 shares
Employee	0 shares	0 shares
Others
Total	7,18,400 shares	13,26,000 shares

Bids Received (Subscription)

Blue Pebble IPO subscribed 56.32x in total, whereas GConnect Logitech IPO subscribed 57.38x.

	Blue Pebble IPO	GConnect Logitech IPO
QIB (times)	21.77x
NII (times)	97.31x	42.90x
Big NII (times)
Small NII (times)
RII (times)	58.40x	71.74x
Employee (times)
Other (times)
Total (times)	56.32x	57.38x

Compare with others

Blue Pebble IPO	GConnect Logitech IPO
Yash Optics & Lens IPO	Creative Graphics Solutions India IPO
GConnect Logitech IPO	K2 Infragen IPO
TAC Infosec IPO	Aluwind Architectural IPO
Radiowalla IPO	Jay Kailash Namkeen IPO
Aspire & Innovative IPO	Yash Optics & Lens IPO
Vruddhi Engineering Works IPO	TAC Infosec IPO
Naman In-Store (India) IPO	Radiowalla IPO
Omfurn India FPO	Aspire & Innovative IPO
Vishwas Agri Seeds IPO	Blue Pebble IPO
Chatha Foods IPO	Vruddhi Engineering Works IPO

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