Greenhitech Ventures IPO vs Teerth Gopicon IPO

Comparision between Greenhitech Ventures IPO and Teerth Gopicon IPO.

IPO Details

Greenhitech Ventures IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Teerth Gopicon IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Greenhitech Ventures IPO	Teerth Gopicon IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Interactive Financial Services Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Spread X Securities Private Limited	Giriraj Stock Broking Private Limited
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 Greenhitech Ventures IPO is up to ₹6.30 Cr whereas the issue size of the Teerth Gopicon IPO is up to ₹44.40 Cr. The final issue price of Greenhitech Ventures IPO is ₹50.00 per share and of Teerth Gopicon IPO is ₹111.00 per share.

	Greenhitech Ventures IPO	Teerth Gopicon IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹50.00 per share	₹111.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1200 shares
Fresh Issue Size	12,60,000 shares	39,99,600 shares
Fresh Issue Size (Amount)	up to ₹6.30 Cr	up to ₹44.40 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,60,000 shares	39,99,600 shares
Issue Size Total (Amount)	up to ₹6.30 Cr	up to ₹44.40 Cr

IPO Timetable

Greenhitech Ventures IPO opens on Apr 12, 2024, while Teerth Gopicon IPO opens on Apr 08, 2024. The closing date of Greenhitech Ventures IPO and Teerth Gopicon IPO is Apr 16, 2024, and Apr 10, 2024, respectively.

	Greenhitech Ventures IPO	Teerth Gopicon IPO
Anchor Bid Date
Issue Open	Apr 12, 2024	Apr 08, 2024
Issue Close	Apr 16, 2024	Apr 10, 2024
Basis Of Allotment (Tentative)	Apr 18, 2024	Apr 12, 2024
Initiation of Refunds (Tentative)	Apr 19, 2024	Apr 15, 2024
Credit of Share (Tentative)	Apr 19, 2024	Apr 15, 2024
Listing date (Tentative)	Apr 22, 2024	Apr 16, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Greenhitech Ventures IPO P/E ratio is 30.05, as compared to Teerth Gopicon IPO P/E ratio of 49.55.

Greenhitech Ventures IPO

Teerth Gopicon IPO

Financial

Greenhitech Ventures Limited Financial Information (Restated)

Period Ended	31 Jan 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,677.75	2,708.06	3,188.77	2,378.58
Revenue	335.67	2,504.35	6,611.58	4,007.69
Profit After Tax	35.64	57.23	135.14	24.39
Net Worth	456.64	315.45	322.45	140.99
Reserves and Surplus	112.64
Total Borrowing	431.71	347.07	150.14	114.60
Amount in ₹ Lakhs

Teerth Gopicon Limited Financial Information (Restated)

Period Ended	31 Jan 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	13,719.79	4,743.30	4,277.16	3,115.47
Revenue	6,970.02	3,914.87	3,120.77	4,620.74
Profit After Tax	784.04	179.22	15.27	46.45
Net Worth	1,572.74	788.70	609.49	594.22
Reserves and Surplus	772.74	288.70	109.49	94.22
Total Borrowing	937.18	337.98	1,365.50	933.82
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

96.5%

Promoter Shareholding (Post-Issue)

73.19%

64.33%

P/E Ratio

30.05

49.55

Market Cap

₹23.50 Cr.

₹133.20 Cr.

ROE

8.17%%

66.40%%

ROCE

17.19%%

48.40%%

Debt/Equity

0.95

0.6

EPS

₹1.66

₹2.24

RoNW

7.80%%

22.72%%

Shares Offered

In the Greenhitech Ventures IPO retail investors (RII) are offered 5,97,000 shares while in Teerth Gopicon IPO retail investors are offered 5,97,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Greenhitech Ventures IPO and 0 shares in Teerth Gopicon IPO.

	Greenhitech Ventures IPO	Teerth Gopicon IPO
Anchor Investor Reserveration
Market Maker Reserveration	66,000 shares	2,00,400 shares
QIB	0 shares	0 shares
NII	5,97,000 shares	18,99,600 shares
RII	5,97,000 shares	18,99,600 shares
Employee	0 shares	0 shares
Others
Total	11,94,000 shares	37,99,200 shares

Bids Received (Subscription)

Greenhitech Ventures IPO subscribed 769.95x in total, whereas Teerth Gopicon IPO subscribed 75.54x.

	Greenhitech Ventures IPO	Teerth Gopicon IPO
QIB (times)
NII (times)	921.60x	97.12x
Big NII (times)
Small NII (times)
RII (times)	597.41x	44.33x
Employee (times)
Other (times)
Total (times)	769.95x	75.54x

Compare with others

Greenhitech Ventures IPO	Teerth Gopicon IPO
Shivam Chemicals IPO	Emmforce Autotech IPO
Varyaa Creations IPO	Birdy's IPO
Faalcon Concepts IPO	Greenhitech Ventures IPO
Emmforce Autotech IPO	Finelistings Technologies IPO
Birdy's IPO	Ramdevbaba Solvent IPO
Finelistings Technologies IPO	DCG Cables & Wires IPO
Ramdevbaba Solvent IPO	Creative Graphics Solutions India IPO
Teerth Gopicon IPO	K2 Infragen IPO
DCG Cables & Wires IPO	Aluwind Architectural IPO
Creative Graphics Solutions India IPO	Jay Kailash Namkeen IPO

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