Ganesh Green Bharat IPO vs Visaman Global Sales IPO

Comparision between Ganesh Green Bharat IPO and Visaman Global Sales IPO.

IPO Details

Ganesh Green Bharat IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Visaman Global Sales IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Ganesh Green Bharat IPO	Visaman Global Sales IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Shreni Shares Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker	Hem Finlease Private Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
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 Visaman Global Sales IPO is up to ₹16.05 Cr. The final issue price of Ganesh Green Bharat IPO is and of Visaman Global Sales IPO is ₹43.00 per share.

	Ganesh Green Bharat IPO	Visaman Global Sales IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹181.00 per share
Issue Price (Upper)	₹190.00 per share
Issue Price (Final)		₹43.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	3000 shares
Fresh Issue Size	65,91,000 shares	37,32,000 shares
Fresh Issue Size (Amount)	up to ₹125.23 Cr	up to ₹16.05 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	65,91,000 shares	37,32,000 shares
Issue Size Total (Amount)	up to ₹125.23 Cr	up to ₹16.05 Cr

IPO Timetable

Ganesh Green Bharat IPO opens on Jul 05, 2024, while Visaman Global Sales IPO opens on Jun 24, 2024. The closing date of Ganesh Green Bharat IPO and Visaman Global Sales IPO is Jul 09, 2024, and Jun 26, 2024, respectively.

	Ganesh Green Bharat IPO	Visaman Global Sales IPO
Anchor Bid Date	Jul 04, 2024
Issue Open	Jul 05, 2024	Jun 24, 2024
Issue Close	Jul 09, 2024	Jun 26, 2024
Basis Of Allotment (Tentative)	Jul 10, 2024	Jun 27, 2024
Initiation of Refunds (Tentative)	Jul 11, 2024	Jun 28, 2024
Credit of Share (Tentative)	Jul 11, 2024	Jun 28, 2024
Listing date (Tentative)	Jul 12, 2024	Jul 01, 2024
Anchor Lockin End date 1	Aug 09, 2024
Anchor Lockin End date 2	Oct 08, 2024

Financials

Ganesh Green Bharat IPO P/E ratio is 15.85, as compared to Visaman Global Sales IPO P/E ratio of 38.25.

Ganesh Green Bharat IPO

Visaman Global Sales 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

Visaman Global Sales Limited Financial Information (Restated)

Visaman Global Sales Limited's revenue increased by 16.04% and profit after tax (PAT) rose by 19.72% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,001.69	5,863.95	3,982.42	2,727.20
Revenue	20,691.39	37,605.01	32,407.29	13,636.19
Profit After Tax	101.61	113.33	94.66	33.47
Net Worth	1,095.31	993.70	660.38	565.72
Reserves and Surplus	395.31	293.70	180.38	85.72
Total Borrowing	5,690.85	4,345.69	1,386.10	710.34
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

100.00%

Promoter Shareholding (Post-Issue)

73.42%

72.98%

P/E Ratio

15.85

38.25

Market Cap

₹509.22 Cr.

₹59.39 Cr.

ROE

46.42%%

9.28%%

ROCE

29.98%%

8.02%%

Debt/Equity

0.94

5.2

EPS

₹11.99

₹1.12

RoNW

34.72%%

9.28%%

Shares Offered

In the Ganesh Green Bharat IPO retail investors (RII) are offered while in Visaman Global Sales IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Ganesh Green Bharat IPO and 0 shares in Visaman Global Sales IPO.

	Ganesh Green Bharat IPO	Visaman Global Sales IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,31,200 shares	1,92,000 shares
QIB		0 shares
NII		17,70,000 shares
RII		17,70,000 shares
Employee		0 shares
Others
Total		35,40,000 shares

Bids Received (Subscription)

Ganesh Green Bharat IPO subscribed in total, whereas Visaman Global Sales IPO subscribed 42.20x.

	Ganesh Green Bharat IPO	Visaman Global Sales IPO
QIB (times)
NII (times)		28.12x
Big NII (times)
Small NII (times)
RII (times)		51.54x
Employee (times)
Other (times)
Total (times)		42.20x

Compare with others

Ganesh Green Bharat IPO	Visaman Global Sales IPO
Effwa Infra and Research IPO	Ganesh Green Bharat IPO
Ambey Laboratories IPO	Effwa Infra and Research IPO
Nephro Care India IPO	Ambey Laboratories IPO
Diensten Tech IPO	Nephro Care India IPO
Visaman Global Sales IPO	Diensten Tech IPO
	Mason Infratech IPO
	Petro Carbon and Chemicals IPO
	Sylvan Plyboard IPO
	Shivalic Power Control IPO
	Divine Power IPO

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