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Globesecure Technologies IPO vs Le Merite Exports IPO

Comparision between Globesecure Technologies IPO and Le Merite Exports IPO.

IPO Details

Globesecure Technologies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Le Merite Exports IPO is a SME Fixed Price Issue proposed to list at NSE SME.

  Globesecure Technologies IPO Le Merite Exports IPO
Logo Globesecure Technologies IPO Logo Le Merite Exports IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Fixed Price Issue
Listing At NSE SME NSE SME
Lead Managers Fast Track Finsec Pvt Ltd Fedex Securities Pvt Ltd
Registrar Skyline Financial Services Private Ltd Bigshare Services Pvt Ltd
Market Maker
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Globesecure Technologies IPO is up to ₹10.13 Cr whereas the issue size of the Le Merite Exports IPO is up to ₹48.00 Cr. The final issue price of Globesecure Technologies IPO is ₹29.00 per share and of Le Merite Exports IPO is ₹75.00 per share.

  Globesecure Technologies IPO Le Merite Exports IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹29.00 per share ₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 4000 shares 1600 shares
Fresh Issue Size 34,92,000 shares
Fresh Issue Size (Amount) up to ₹10.13 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 34,92,000 shares 64,00,000 shares
Issue Size Total (Amount) up to ₹10.13 Cr up to ₹48.00 Cr

IPO Timetable

Globesecure Technologies IPO opens on May 23, 2022, while Le Merite Exports IPO opens on Apr 25, 2022. The closing date of Globesecure Technologies IPO and Le Merite Exports IPO is May 25, 2022, and Apr 28, 2022, respectively.

  Globesecure Technologies IPO Le Merite Exports IPO
Anchor Bid Date
Issue Open May 23, 2022 Apr 25, 2022
Issue Close May 25, 2022 Apr 28, 2022
Basis Of Allotment (Tentative) May 30, 2022
Initiation of Refunds (Tentative) May 31, 2022
Credit of Share (Tentative) May 31, 2022
Listing date (Tentative) Jun 02, 2022
Anchor Lockin End date 1 Jun 29, 2022
Anchor Lockin End date 2 Aug 28, 2022

Financials

Globesecure Technologies IPO P/E ratio is 17.9, as compared to Le Merite Exports IPO P/E ratio of 11.09.

  Globesecure Technologies IPO Le Merite Exports IPO
Financial
Globesecure Technologies Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-191565.31042.961.7
31-Mar-202243.21924.311.8
31-Mar-212759.21922.6100.5
31-Dec-2129761117111.2
Amount in ₹ Lakhs
Summary of financial Information
Particulars For the year/period ended (Rs in Lakhs)
31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 17,706.95 9,202.17 5,626.08 5,660.48
Total Revenue 37,087.03 26,913.44 21,728.00 18,093.32
Profit After Tax 1,586.91 705.65 314.62 112.83
Promoter Shareholding (Pre-Issue) 58.05% 99.99%
Promoter Shareholding (Post-Issue) 35.80%
P/E Ratio 17.9 11.09
Market Cap ₹26.41 Cr. ₹176.11 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Globesecure Technologies IPO retail investors (RII) are offered 16,56,000 shares while in Le Merite Exports IPO retail investors are offered 16,56,000 shares. Qualified institutional buyers (QIB) are offered in Globesecure Technologies IPO and in Le Merite Exports IPO.

  Globesecure Technologies IPO Le Merite Exports IPO
Anchor Investor Reserveration
Market Maker Reserveration 1,80,000 shares 3,36,000 shares
QIB
NII 16,56,000 shares 30,32,000 shares
RII 16,56,000 shares 30,32,000 shares
Employee
Others
Total 33,12,000 shares 60,64,000 shares

Bids Received (Subscription)

Globesecure Technologies IPO subscribed 14.17x in total, whereas Le Merite Exports IPO subscribed 15.69x.

  Globesecure Technologies IPO Le Merite Exports IPO
QIB (times)
NII (times) 23.70x 15.27x
Big NII (times)
Small NII (times)
RII (times) 4.64x 16.10x
Employee (times)
Other (times)
Total (times) 14.17x 15.69x

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