GConnect Logitech IPO vs Radiowalla IPO

Comparision between GConnect Logitech IPO and Radiowalla IPO.

IPO Details

GConnect Logitech IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Radiowalla IPO is a SME Book Built Issue proposed to list at NSE SME.

	GConnect Logitech IPO	Radiowalla IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Fedex Securities�Pvt Ltd	Narnolia Financial Services Ltd
Registrar	Kfin Technologies Limited	Maashitla Securities Private Limited
Market Maker	Aftertrade Broking Pvt Ltd	Ss Corporate Securities Limited
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 GConnect Logitech IPO is up to ₹5.60 Cr whereas the issue size of the Radiowalla IPO is up to ₹14.25 Cr. The final issue price of GConnect Logitech IPO is ₹40.00 per share and of Radiowalla IPO is ₹76.00 per share.

	GConnect Logitech IPO	Radiowalla IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹72.00 per share
Issue Price (Upper)		₹76.00 per share
Issue Price (Final)	₹40.00 per share	₹76.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size	14,01,000 shares	18,75,200 shares
Fresh Issue Size (Amount)	up to ₹5.60 Cr	up to ₹14.25 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,01,000 shares	18,75,200 shares
Issue Size Total (Amount)	up to ₹5.60 Cr	up to ₹14.25 Cr

IPO Timetable

GConnect Logitech IPO opens on Mar 26, 2024, while Radiowalla IPO opens on Mar 27, 2024. The closing date of GConnect Logitech IPO and Radiowalla IPO is Mar 28, 2024, and Apr 02, 2024, respectively.

	GConnect Logitech IPO	Radiowalla IPO
Anchor Bid Date		Mar 26, 2024
Issue Open	Mar 26, 2024	Mar 27, 2024
Issue Close	Mar 28, 2024	Apr 02, 2024
Basis Of Allotment (Tentative)	Apr 01, 2024	Apr 03, 2024
Initiation of Refunds (Tentative)	Apr 02, 2024	Apr 04, 2024
Credit of Share (Tentative)	Apr 02, 2024	Apr 04, 2024
Listing date (Tentative)	Apr 03, 2024	Apr 05, 2024
Anchor Lockin End date 1		May 03, 2024
Anchor Lockin End date 2		Jul 02, 2024

Financials

GConnect Logitech IPO P/E ratio is 1.5, as compared to Radiowalla IPO P/E ratio of 38.48.

GConnect Logitech IPO

Radiowalla IPO

Financial

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

Radiowalla Network Limited Financial Information (Restated Consolidated)

Radiowalla Network Limited's revenue increased by 33.59% and profit after tax (PAT) rose by 117.36% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Oct 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	883.29	813.53	527.53	530.81
Revenue	871.99	1,402.89	1,050.12	589.54
Profit After Tax	113.99	102.18	47.01	10.18
Net Worth	552.75	335.08	36.37	-10.65
Reserves and Surplus	576.16	362.09	58.25	12.11
Total Borrowing	52.05	78.74	69.64	83.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

76.76%

55.80%

Promoter Shareholding (Post-Issue)

47.85%

40.95%

P/E Ratio

1.5

38.48

Market Cap

₹14.88 Cr.

₹53.57 Cr.

ROE

5.73%%

20.62%%

ROCE

7.67%%

21.28%%

Debt/Equity

0.09

EPS

₹26.64

₹1.98

RoNW

5.73%%

20.62%%

Shares Offered

In the GConnect Logitech IPO retail investors (RII) are offered 6,63,000 shares while in Radiowalla IPO retail investors are offered 6,63,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in GConnect Logitech IPO and 3,53,600 shares in Radiowalla IPO.

	GConnect Logitech IPO	Radiowalla IPO
Anchor Investor Reserveration		5,26,400 shares
Market Maker Reserveration	75,000 shares	1,12,000 shares
QIB	0 shares	3,53,600 shares
NII	6,63,000 shares	2,65,600 shares
RII	6,63,000 shares	6,17,600 shares
Employee	0 shares	0 shares
Others
Total	13,26,000 shares	12,36,800 shares

Bids Received (Subscription)

GConnect Logitech IPO subscribed 57.38x in total, whereas Radiowalla IPO subscribed 307.54x.

	GConnect Logitech IPO	Radiowalla IPO
QIB (times)		87.96x
NII (times)	42.90x	491.86x
Big NII (times)
Small NII (times)
RII (times)	71.74x	353.98x
Employee (times)
Other (times)
Total (times)	57.38x	307.54x

Compare with others

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

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