AA Plus Tradelink IPO vs Gretex Corporate Services IPO

Comparision between AA Plus Tradelink IPO and Gretex Corporate Services IPO.

IPO Details

AA Plus Tradelink IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Gretex Corporate Services IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	AA Plus Tradelink IPO	Gretex Corporate Services 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	Inventure Merchant Banker Services Pvt Ltd	Aryaman Financial Services Limited
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of AA Plus Tradelink IPO is up to ₹6.48 Cr whereas the issue size of the Gretex Corporate Services IPO is up to ₹5.13 Cr. The final issue price of AA Plus Tradelink IPO is ₹18.00 per share and of Gretex Corporate Services IPO is ₹170.00 per share.

	AA Plus Tradelink IPO	Gretex Corporate Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹18.00 per share	₹170.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	8000 shares	800 shares
Fresh Issue Size		2,37,600 shares
Fresh Issue Size (Amount)		up to ₹4.04 Cr
OFS Issue Size		64,000 shares
OFS Issue Size (Amount)		up to ₹1.09 Cr
Issue Size Total	36,00,000 shares	3,01,600 shares
Issue Size Total (Amount)	up to ₹6.48 Cr	up to ₹5.13 Cr

IPO Timetable

AA Plus Tradelink IPO opens on Jul 08, 2021, while Gretex Corporate Services IPO opens on Jul 27, 2021. The closing date of AA Plus Tradelink IPO and Gretex Corporate Services IPO is Jul 13, 2021, and Jul 30, 2021, respectively.

	AA Plus Tradelink IPO	Gretex Corporate Services IPO
Anchor Bid Date
Issue Open	Jul 08, 2021	Jul 27, 2021
Issue Close	Jul 13, 2021	Jul 30, 2021
Basis Of Allotment (Tentative)	Jul 16, 2021	Aug 04, 2021
Initiation of Refunds (Tentative)	Jul 19, 2021	Aug 05, 2021
Credit of Share (Tentative)	Jul 19, 2021	Aug 06, 2021
Listing date (Tentative)	Jul 22, 2021	Aug 09, 2021
Anchor Lockin End date 1	Aug 15, 2021	Sep 03, 2021
Anchor Lockin End date 2	Oct 14, 2021	Nov 02, 2021

Financials

AA Plus Tradelink IPO P/E ratio is , as compared to Gretex Corporate Services IPO P/E ratio of .

AA Plus Tradelink IPO

Gretex Corporate Services IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	1,020.24	964.00	1,159.24
Total Revenue	1,731.76	519.82	2,204.01
Profit After Tax	14.21	10.15	5.58

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,011.22	838.21	946.16
Total Revenue	324.63	145.31	315.53
Profit After Tax	71.41	(115.21)	24.97

Promoter Shareholding (Pre-Issue)

58.63%

100%

Promoter Shareholding (Post-Issue)

32.78%

73.48%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the AA Plus Tradelink IPO retail investors (RII) are offered 17,04,000 shares while in Gretex Corporate Services IPO retail investors are offered 17,04,000 shares. Qualified institutional buyers (QIB) are offered in AA Plus Tradelink IPO and in Gretex Corporate Services IPO.

	AA Plus Tradelink IPO	Gretex Corporate Services IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,92,000 shares	15,200 shares
QIB
NII	17,04,000 shares	1,43,200 shares
RII	17,04,000 shares	1,43,200 shares
Employee
Others
Total	34,08,000 shares	2,86,400 shares

Bids Received (Subscription)

AA Plus Tradelink IPO subscribed 1.46x in total, whereas Gretex Corporate Services IPO subscribed 7.27x.

	AA Plus Tradelink IPO	Gretex Corporate Services IPO
QIB (times)	0.00x
NII (times)	0.32x	2.37x
Big NII (times)
Small NII (times)
RII (times)	2.61x	12.17x
Employee (times)
Other (times)
Total (times)	1.46x	7.27x

Compare with others

AA Plus Tradelink IPO	Gretex Corporate Services IPO
DU Digital Technologies IPO	BEW Engineering IPO
Aashka Hospitals IPO	SBL Infratech Limited IPO
NPST IPO	DU Digital Technologies IPO
Gretex Corporate Services IPO	Aashka Hospitals IPO
Rex Pipes and Cables IPO	NPST IPO
Walpar Nutritions IPO	Rex Pipes and Cables IPO
Focus Business Solution IPO	AA Plus Tradelink IPO
Times Green Energy IPO	Walpar Nutritions IPO
Adeshwar Meditex IPO	Focus Business Solution IPO
Navoday Enterprises IPO	Times Green Energy IPO

Comments

Add a public comment...