Comparison between Ambani Organics IPO and Ganga Forging IPO.
IPO Details
Ambani Organics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ganga Forging IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Ambani Organics IPO is up to ₹8.55 Cr whereas the issue size of the Ganga Forging IPO is up to ₹4.74 Cr. The final issue price of Ambani Organics IPO is ₹66.00 per share and of Ganga Forging IPO is ₹21.00 per share.
| | Ambani Organics IPO | Ganga Forging IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹66.00 per share | ₹21.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 6000 shares |
| Fresh Issue Size | 11,96,000 shares | 22,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.89 Cr | up to ₹4.74 Cr |
| OFS Issue Size | 1,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.66 Cr | up to ₹0.00 Cr |
| Issue Size Total | 12,96,000 shares | 22,56,000 shares |
| Issue Size Total (Amount) | up to ₹8.55 Cr | up to ₹4.74 Cr |
IPO Timetable
Ambani Organics IPO opens on Jul 06, 2018, while Ganga Forging IPO opens on Jun 29, 2018. The closing date of Ambani Organics IPO and Ganga Forging IPO is Jul 10, 2018, and Jul 03, 2018, respectively.
| | Ambani Organics IPO | Ganga Forging IPO |
|---|
| Issue Open | Jul 06, 2018 | Jun 29, 2018 |
| Issue Close | Jul 10, 2018 | Jul 03, 2018 |
| Basis Of Allotment (Tentative) | Jul 13, 2018 | Jul 06, 2018 |
| Initiation of Refunds (Tentative) | | Jul 09, 2018 |
| Credit of Share (Tentative) | | Jul 10, 2018 |
| Listing date (Tentative) | Jul 18, 2018 | Jul 11, 2018 |
Financials & KPIs
Ambani Organics IPO P/E ratio is , as compared to Ganga Forging IPO P/E ratio of .
Shares Offered
In the Ambani Organics IPO Retail Individual Investors (RII) are offered 6,48,000 shares while in Ganga Forging IPO retail investors are offered 6,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ambani Organics IPO and 0 shares in Ganga Forging IPO.
| | Ambani Organics IPO | Ganga Forging IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 72,000 shares | 1,26,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 6,48,000 shares | 11,28,000 shares |
| RII | 6,48,000 shares | 11,28,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 12,96,000 shares | 22,56,000 shares |
Bids Received (Subscription)
Ambani Organics IPO subscribed 1.44x in total, whereas Ganga Forging IPO subscribed 1.88x.
