Comparison between Abha Power IPO and Ganesh Infraworld IPO.
Abha Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ganesh Infraworld IPO is a SME Bookbuilding proposed to list at NSE SME.
| Abha Power IPO | Ganesh Infraworld IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Abha Power IPO is up to ₹36.58 Cr whereas the issue size of the Ganesh Infraworld IPO is up to ₹88.72 Cr. The final issue price of Abha Power IPO is ₹75.00 per share and of Ganesh Infraworld IPO is ₹83.00 per share.
| Abha Power IPO | Ganesh Infraworld IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹78.00 per share | |
| Issue Price (Upper) | ₹83.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹83.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 38,76,800 shares | 1,06,89,600 shares |
| Fresh Issue Size (Amount) | up to ₹29.08 Cr | up to ₹88.72 Cr |
| OFS Issue Size | 10,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.50 Cr | up to ₹0.00 Cr |
| Issue Size Total | 48,76,800 shares | 1,06,89,600 shares |
| Issue Size Total (Amount) | up to ₹36.58 Cr | up to ₹88.72 Cr |
Abha Power IPO opens on Nov 27, 2024, while Ganesh Infraworld IPO opens on Nov 29, 2024. The closing date of Abha Power IPO and Ganesh Infraworld IPO is Nov 29, 2024, and Dec 03, 2024, respectively.
| Abha Power IPO | Ganesh Infraworld IPO | |
|---|---|---|
| Anchor Bid Date | Nov 28, 2024 | |
| Issue Open | Nov 27, 2024 | Nov 29, 2024 |
| Issue Close | Nov 29, 2024 | Dec 03, 2024 |
| Basis Of Allotment (Tentative) | Dec 02, 2024 | Dec 04, 2024 |
| Initiation of Refunds (Tentative) | Dec 03, 2024 | Dec 05, 2024 |
| Credit of Share (Tentative) | Dec 03, 2024 | Dec 05, 2024 |
| Listing date (Tentative) | Dec 04, 2024 | Dec 06, 2024 |
| Anchor Lockin End date 1 | Jan 03, 2025 | |
| Anchor Lockin End date 2 | Mar 04, 2025 |
Abha Power IPO P/E ratio is 28.65, as compared to Ganesh Infraworld IPO P/E ratio of 16.47.
| Abha Power IPO | Ganesh Infraworld IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Abha Power and Steel Limited Financial Information (Restated)Abha Power and Steel Limited's revenue decreased by -6% and profit after tax (PAT) rose by 170% between the financial year ending with March 31, 2024 and March 31, 2023.
| Ganesh Infraworld Limited Financial Information (Restated)Ganesh Infraworld Limited's revenue increased by 116% and profit after tax (PAT) rose by 198% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 100 | 81.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.65 | 16.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹139.41 Cr. | ₹354.59 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.17% | 29.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.64% | 35.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.35 | 0.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.62 | ₹5.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.17% | 29.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Abha Power IPO Retail Individual Investors (RII) are offered 24,38,400 shares while in Ganesh Infraworld IPO retail investors are offered 24,38,400 shares. Qualified Institutional Buyers (QIB) are offered in Abha Power IPO and 21,37,600 shares in Ganesh Infraworld IPO.
| Abha Power IPO | Ganesh Infraworld IPO | |
|---|---|---|
| Anchor Investor Reserveration | 32,03,200 shares | |
| Market Maker Reserveration | 2,62,400 shares | 11,87,200 shares |
| QIB | 21,37,600 shares | |
| NII | 24,38,400 shares | 16,04,800 shares |
| RII | 24,38,400 shares | 37,44,000 shares |
| Employee | ||
| Others | ||
| Total | 48,76,800 shares | 1,06,89,600 shares |
Abha Power IPO subscribed 18.00x in total, whereas Ganesh Infraworld IPO subscribed 369.56x.
| Abha Power IPO | Ganesh Infraworld IPO | |
|---|---|---|
| QIB (times) | 163.52x | |
| NII (times) | 10.07x | 865.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 24.93x | 274.48x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 18.00x | 369.56x |
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