Gajanand International IPO vs Shubhshree Biofuels Energy IPO

Comparision between Gajanand International IPO and Shubhshree Biofuels Energy IPO.

IPO Details

Gajanand International IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shubhshree Biofuels Energy IPO is a SME Book Built Issue proposed to list at NSE SME.

	Gajanand International IPO	Shubhshree Biofuels Energy IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Fast Track Finsec Pvt Ltd	Hem Securities Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Hem Finlease Private 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 Gajanand International IPO is up to ₹20.65 Cr whereas the issue size of the Shubhshree Biofuels Energy IPO is up to ₹16.56 Cr. The final issue price of Gajanand International IPO is ₹36.00 per share and of Shubhshree Biofuels Energy IPO is ₹119.00 per share.

	Gajanand International IPO	Shubhshree Biofuels Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹113.00 per share
Issue Price (Upper)		₹119.00 per share
Issue Price (Final)	₹36.00 per share	₹119.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1200 shares
Fresh Issue Size	57,36,000 shares	13,92,000 shares
Fresh Issue Size (Amount)	up to ₹20.65 Cr	up to ₹16.56 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	57,36,000 shares	13,92,000 shares
Issue Size Total (Amount)	up to ₹20.65 Cr	up to ₹16.56 Cr

IPO Timetable

Gajanand International IPO opens on Sep 09, 2024, while Shubhshree Biofuels Energy IPO opens on Sep 09, 2024. The closing date of Gajanand International IPO and Shubhshree Biofuels Energy IPO is Sep 11, 2024, and Sep 11, 2024, respectively.

	Gajanand International IPO	Shubhshree Biofuels Energy IPO
Anchor Bid Date		Sep 06, 2024
Issue Open	Sep 09, 2024	Sep 09, 2024
Issue Close	Sep 11, 2024	Sep 11, 2024
Basis Of Allotment (Tentative)	Sep 12, 2024	Sep 12, 2024
Initiation of Refunds (Tentative)	Sep 13, 2024	Sep 13, 2024
Credit of Share (Tentative)	Sep 13, 2024	Sep 13, 2024
Listing date (Tentative)	Sep 16, 2024	Sep 16, 2024
Anchor Lockin End date 1		Oct 12, 2024
Anchor Lockin End date 2		Dec 11, 2024

Financials

Gajanand International IPO P/E ratio is 21.08, as compared to Shubhshree Biofuels Energy IPO P/E ratio of 13.89.

Gajanand International IPO

Shubhshree Biofuels Energy IPO

Financial

Gajanand International Limited Financial Information (Restated)

Gajanand International Limited's revenue increased by 48% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,931.1	1,900.58	1,944.36
Revenue	10,874.81	7,342.4	6,176.21
Profit After Tax	223.73	141.06	2.85
Net Worth	1,771.36	547.62	406.57
Reserves and Surplus	461.4	505.75	364.7
Total Borrowing	1,207.07	1,179.48	1,465.28
Amount in ₹ Lakhs

Shubhshree Biofuels Energy Limited Financial Information (Restated)

Shubhshree Biofuels Energy Limited's revenue increased by 59% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1,396.84	593.12	185.61
Revenue	9,488.32	5,971.24	791.83
Profit After Tax	329.77	242.38	27.46
Net Worth	711.27	256.5	14.12
Reserves and Surplus	326.27	255.5	13.12
Total Borrowing	60.66	91.06	48.82
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

90.50%

100.00%

Promoter Shareholding (Post-Issue)

62.34%

73.45%

P/E Ratio

21.08

13.89

Market Cap

₹67.81 Cr.

₹62.38 Cr.

ROE

19.30%%

68.15%%

ROCE

29.72%%

61.67%%

Debt/Equity

0.68

0.09

EPS

₹1.71

₹8.57

RoNW

19.30%%

46.36%%

Shares Offered

In the Gajanand International IPO retail investors (RII) are offered 27,24,000 shares while in Shubhshree Biofuels Energy IPO retail investors are offered 27,24,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Gajanand International IPO and 2,33,900 shares in Shubhshree Biofuels Energy IPO.

	Gajanand International IPO	Shubhshree Biofuels Energy IPO
Anchor Investor Reserveration		3,93,600 shares
Market Maker Reserveration	2,88,000 shares	72,000 shares
QIB	0 shares	2,33,900 shares
NII	27,24,000 shares	1,99,200 shares
RII	27,24,000 shares	4,63,200 shares
Employee	0 shares	0 shares
Others
Total	54,48,000 shares	8,96,300 shares

Bids Received (Subscription)

Gajanand International IPO subscribed 15.27x in total, whereas Shubhshree Biofuels Energy IPO subscribed 132.89x.

	Gajanand International IPO	Shubhshree Biofuels Energy IPO
QIB (times)		31.32x
NII (times)	5.79x	245.74x
Big NII (times)
Small NII (times)
RII (times)	24.18x	135.65x
Employee (times)
Other (times)
Total (times)	15.27x	132.89x

Compare with others

Gajanand International IPO	Shubhshree Biofuels Energy IPO
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Share Samadhan IPO	Naturewings Holidays IPO
Shubhshree Biofuels Energy IPO	My Mudra Fincorp IPO
Aditya Ultra Steel IPO	Namo eWaste Management IPO

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