Garv Industries IPO vs SoftTech Engineers IPO

Comparision between Garv Industries IPO and SoftTech Engineers IPO.

IPO Details

Garv Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while SoftTech Engineers IPO is a SME Book Built Issue proposed to list at NSE SME.

	Garv Industries IPO	SoftTech Engineers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Aryaman Financial Services Limited	Pantomath Capital Advisors Pvt Ltd Small Industries Development Bank Of India (Sidbi)
Registrar	Skyline Financial Services Private Ltd	Link Intime India Private 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 Garv Industries IPO is up to ₹3.20 Cr whereas the issue size of the SoftTech Engineers IPO is up to ₹22.81 Cr. The final issue price of Garv Industries IPO is ₹10.00 per share and of SoftTech Engineers IPO is ₹80.00 per share.

	Garv Industries IPO	SoftTech Engineers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹78.00 per share
Issue Price (Upper)		₹80.00 per share
Issue Price (Final)	₹10.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	1600 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,00,000 shares	28,51,200 shares
Issue Size Total (Amount)	up to ₹3.20 Cr	up to ₹22.81 Cr

IPO Timetable

Garv Industries IPO opens on Apr 12, 2018, while SoftTech Engineers IPO opens on Apr 27, 2018. The closing date of Garv Industries IPO and SoftTech Engineers IPO is Apr 17, 2018, and May 03, 2018, respectively.

	Garv Industries IPO	SoftTech Engineers IPO
Anchor Bid Date
Issue Open	Apr 12, 2018	Apr 27, 2018
Issue Close	Apr 17, 2018	May 03, 2018
Basis Of Allotment (Tentative)	Apr 20, 2018
Initiation of Refunds (Tentative)	Apr 23, 2018
Credit of Share (Tentative)	Apr 24, 2018
Listing date (Tentative)	Apr 25, 2018
Anchor Lockin End date 1	May 20, 2018
Anchor Lockin End date 2	Jul 19, 2018

Financials

Garv Industries IPO P/E ratio is , as compared to SoftTech Engineers IPO P/E ratio of .

Garv Industries IPO

SoftTech Engineers IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lacs)
	31-Jan-18
Total Assets	1,036.35
Total Revenue	1,459.18
Profit After Tax	11.43

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lacs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	6,033.78	5,722.58	4,008.32	3,429.94	2,012.87
Total Revenue	4,711.63	4,432.53	3,594.36	2,567.60	2,195.63
Profit After Tax	615.96	361.77	212.29	254.14	97.82

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Garv Industries IPO retail investors (RII) are offered 15,91,500 shares while in SoftTech Engineers IPO retail investors are offered 15,91,500 shares. Qualified institutional buyers (QIB) are offered 0 shares in Garv Industries IPO and 0 shares in SoftTech Engineers IPO.

	Garv Industries IPO	SoftTech Engineers IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,70,000 shares	1,44,000 shares
QIB	0 shares	0 shares
NII	15,91,500 shares	13,53,600 shares
RII	15,91,500 shares	13,53,600 shares
Employee
Others
Total	32,00,000 shares	28,51,200 shares

Bids Received (Subscription)

Garv Industries IPO subscribed 2.13x in total, whereas SoftTech Engineers IPO subscribed 30.82x.

	Garv Industries IPO	SoftTech Engineers IPO
QIB (times)
NII (times)	2.17x	31.21x
Big NII (times)
Small NII (times)
RII (times)	1.89x	28.94x
Employee (times)
Other (times)
Total (times)	2.13x	30.82x

Compare with others

Garv Industries IPO	SoftTech Engineers IPO
SoftTech Engineers IPO	Sirca Paints IPO
Godha Cabcon Insulation IPO	U H Zaveri IPO
Akshar Spintex IPO	Milestone Furniture IPO
Dr Lalchandani Labs IPO	E2E Networks IPO
Aakash Exploration IPO	Five Core Electronics IPO
Indo US BioTech IPO	Godha Cabcon Insulation IPO
Bombay Super Hybrid Seeds IPO	Akshar Spintex IPO
Power Instrumentation Gujarat IPO	Dr Lalchandani Labs IPO
Mahickra Chemicals IPO	Aakash Exploration IPO
Narmada Agrobase IPO	Garv Industries IPO

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