Ganesh Green Bharat IPO vs Three M Paper Boards IPO

Comparision between Ganesh Green Bharat IPO and Three M Paper Boards IPO.

IPO Details

Ganesh Green Bharat IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Three M Paper Boards IPO is a SME Book Built Issue proposed to list at BSE SME.

	Ganesh Green Bharat IPO	Three M Paper Boards IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Comfort Securities Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Comfort Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ganesh Green Bharat IPO is up to ₹125.23 Cr whereas the issue size of the Three M Paper Boards IPO is up to ₹39.83 Cr. The final issue price of Ganesh Green Bharat IPO is ₹190.00 per share and of Three M Paper Boards IPO is ₹69.00 per share.

	Ganesh Green Bharat IPO	Three M Paper Boards IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹181.00 per share	₹67.00 per share
Issue Price (Upper)	₹190.00 per share	₹69.00 per share
Issue Price (Final)	₹190.00 per share	₹69.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	2000 shares
Fresh Issue Size	65,91,000 shares	57,72,000 shares
Fresh Issue Size (Amount)	up to ₹125.23 Cr	up to ₹39.83 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	65,91,000 shares	57,72,000 shares
Issue Size Total (Amount)	up to ₹125.23 Cr	up to ₹39.83 Cr

IPO Timetable

Ganesh Green Bharat IPO opens on Jul 05, 2024, while Three M Paper Boards IPO opens on Jul 12, 2024. The closing date of Ganesh Green Bharat IPO and Three M Paper Boards IPO is Jul 09, 2024, and Jul 16, 2024, respectively.

	Ganesh Green Bharat IPO	Three M Paper Boards IPO
Anchor Bid Date	Jul 04, 2024	Jul 11, 2024
Issue Open	Jul 05, 2024	Jul 12, 2024
Issue Close	Jul 09, 2024	Jul 16, 2024
Basis Of Allotment (Tentative)	Jul 10, 2024	Jul 18, 2024
Initiation of Refunds (Tentative)	Jul 11, 2024	Jul 19, 2024
Credit of Share (Tentative)	Jul 11, 2024	Jul 19, 2024
Listing date (Tentative)	Jul 12, 2024	Jul 22, 2024
Anchor Lockin End date 1	Aug 09, 2024	Aug 17, 2024
Anchor Lockin End date 2	Oct 08, 2024	Oct 16, 2024

Financials

Ganesh Green Bharat IPO P/E ratio is 15.85, as compared to Three M Paper Boards IPO P/E ratio of 8.19.

Ganesh Green Bharat IPO

Three M Paper Boards IPO

Financial

Ganesh Green Bharat Limited Financial Information (Restated Consolidated)

Ganesh Green Bharat Limited's revenue increased by 89.82% and profit after tax (PAT) rose by 167.67% 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	15,029.82	8,786.05	8,835.50
Revenue	17,196.48	9,059.53	10,612.10
Profit After Tax	2,183.02	815.57	520.75
Net Worth	5,727.64	2,707.34	2,707.34
Reserves and Surplus	3,906.64	3,402.91	2,587.34
Total Borrowing	5,370.17	2,738.89	2,247.06
Amount in ₹ Lakhs

Three M Paper Boards Limited Financial Information (Restated Consolidated)

Three M Paper Boards Limited's revenue decreased by -16.3% and profit after tax (PAT) rose by 71.53% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	19,519.88	18,942.55	18,150.44	14,225.50
Revenue	27,601.56	32,974.92	31,600.49	16,552.14
Profit After Tax	1,134.72	661.53	327.56	172.63
Net Worth	6,110.39	4,725.67	4,064.14	3,736.58
Reserves and Surplus	4,763.85	4,070.65	3,409.12	3,081.56
Total Borrowing	7,264.08	8,182.40	7,802.06	5,353.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

100.00%

Promoter Shareholding (Post-Issue)

73.42%

70.00%

P/E Ratio

15.85

8.19

Market Cap

₹509.22 Cr.

₹132.74 Cr.

ROE

46.42%%

18.57%%

ROCE

29.98%%

19.71%%

Debt/Equity

0.94

1.19

EPS

₹11.99

₹8.43

RoNW

34.72%%

18.51%%

Shares Offered

In the Ganesh Green Bharat IPO retail investors (RII) are offered 21,68,400 shares while in Three M Paper Boards IPO retail investors are offered 21,68,400 shares. Qualified institutional buyers (QIB) are offered 12,38,400 shares in Ganesh Green Bharat IPO and 10,96,000 shares in Three M Paper Boards IPO.

	Ganesh Green Bharat IPO	Three M Paper Boards IPO
Anchor Investor Reserveration	18,57,600 shares	16,42,000 shares
Market Maker Reserveration	3,31,200 shares	2,90,000 shares
QIB	12,38,400 shares	10,96,000 shares
NII	9,29,400 shares	8,24,000 shares
RII	21,68,400 shares	19,20,000 shares
Employee	0 shares	0 shares
Others
Total	44,02,200 shares	38,40,000 shares

Bids Received (Subscription)

Ganesh Green Bharat IPO subscribed 229.92x in total, whereas Three M Paper Boards IPO subscribed 171.33x.

	Ganesh Green Bharat IPO	Three M Paper Boards IPO
QIB (times)	154.50x	79.37x
NII (times)	470.44x	284.67x
Big NII (times)
Small NII (times)
RII (times)	176.88x	175.19x
Employee (times)
Other (times)
Total (times)	229.92x	171.33x

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