GM Polyplast IPO vs SecMark SME IPO

Comparision between GM Polyplast IPO and SecMark SME IPO.

IPO Details

GM Polyplast IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while SecMark SME IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	GM Polyplast IPO	SecMark SME 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	Gretex Corporate Services Limited	Indorient Financial Services Ltd
Registrar	Bigshare Services Pvt 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 GM Polyplast IPO is up to ₹8.09 Cr whereas the issue size of the SecMark SME IPO is up to ₹15.04 Cr. The final issue price of GM Polyplast IPO is ₹159.00 per share and of SecMark SME IPO is ₹135.00 per share.

	GM Polyplast IPO	SecMark SME IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹159.00 per share	₹135.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1000 shares
Fresh Issue Size	3,22,800 shares
Fresh Issue Size (Amount)	up to ₹5.13 Cr
OFS Issue Size	1,86,000 shares
OFS Issue Size (Amount)	up to ₹2.96 Cr
Issue Size Total	5,08,800 shares	11,14,000 shares
Issue Size Total (Amount)	up to ₹8.09 Cr	up to ₹15.04 Cr

IPO Timetable

GM Polyplast IPO opens on Sep 30, 2020, while SecMark SME IPO opens on Sep 18, 2020. The closing date of GM Polyplast IPO and SecMark SME IPO is Oct 06, 2020, and Sep 23, 2020, respectively.

	GM Polyplast IPO	SecMark SME IPO
Anchor Bid Date
Issue Open	Sep 30, 2020	Sep 18, 2020
Issue Close	Oct 06, 2020	Sep 23, 2020
Basis Of Allotment (Tentative)	Oct 09, 2020	Sep 28, 2020
Initiation of Refunds (Tentative)	Oct 13, 2020	Sep 30, 2020
Credit of Share (Tentative)	Oct 13, 2020	Sep 30, 2020
Listing date (Tentative)	Oct 14, 2020	Oct 01, 2020
Anchor Lockin End date 1	Nov 08, 2020	Oct 28, 2020
Anchor Lockin End date 2	Jan 07, 2021	Dec 27, 2020

Financials

GM Polyplast IPO P/E ratio is , as compared to SecMark SME IPO P/E ratio of .

GM Polyplast IPO

SecMark SME IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lacs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	2,482.68	2,537.03	2,533.25
Total Revenue	6,342.98	6,834.50	5,551.24
Profit After Tax	231.80	138.04	92.20

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	610.80	492.43	293.38
Total Revenue	574.74	389.99	329.33
Profit After Tax	116.32	96.97	86.59

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.65%

72.99%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the GM Polyplast IPO retail investors (RII) are offered 2,41,600 shares while in SecMark SME IPO retail investors are offered 2,41,600 shares. Qualified institutional buyers (QIB) are offered in GM Polyplast IPO and in SecMark SME IPO.

	GM Polyplast IPO	SecMark SME IPO
Anchor Investor Reserveration
Market Maker Reserveration	26,000 shares
QIB
NII	2,41,600 shares	5,57,000 shares
RII	2,41,600 shares	5,57,000 shares
Employee
Others
Total	4,83,200 shares	11,14,000 shares

Bids Received (Subscription)

GM Polyplast IPO subscribed 1.60x in total, whereas SecMark SME IPO subscribed 1.24x.

	GM Polyplast IPO	SecMark SME IPO
QIB (times)
NII (times)	2.13x	1.12x
Big NII (times)
Small NII (times)
RII (times)	1.07x	1.35x
Employee (times)
Other (times)
Total (times)	1.60x	1.24x

Compare with others

GM Polyplast IPO	SecMark SME IPO
Bodhi Tree Multimedia IPO	AAA Technologies IPO
Atal Realtech IPO	Sigma Solve IPO
AAA Technologies IPO	Veer Global Infraconstruction IPO
Sigma Solve IPO	GM Polyplast IPO
Veer Global Infraconstruction IPO	Atam Valves SME IPO
Atam Valves SME IPO	Advait Infratech SME IPO
SecMark SME IPO	Hippo Cabs IPO
Advait Infratech SME IPO	Suratwwala Business IPO
Hippo Cabs IPO	Bonlon Industries IPO
Suratwwala Business IPO	ksolves India IPO

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