Comparison between Ashoka Buildcon IPO and Gallantt Ispat IPO.
Ashoka Buildcon IPO is a Mainboard Fixed Price IPO proposed to list at BSE, NSE while Gallantt Ispat IPO is a Mainboard Fixed Price proposed to list at BSE, NSE.
The total issue size of Ashoka Buildcon IPO is up to ₹225.00 Cr whereas the issue size of the Gallantt Ispat IPO is up to ₹33.50 Cr. The final issue price of Ashoka Buildcon IPO is ₹324.00 per share and of Gallantt Ispat IPO is ₹50.00 per share.
| Ashoka Buildcon IPO | Gallantt Ispat IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹297.00 per share | |
| Issue Price (Upper) | ₹324.00 per share | |
| Issue Price (Final) | ₹324.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 21 shares | 125 shares |
| Fresh Issue Size | 69,44,444 shares | 67,00,208 shares |
| Fresh Issue Size (Amount) | up to ₹225.00 Cr | up to ₹33.50 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 69,44,444 shares | 67,00,208 shares |
| Issue Size Total (Amount) | up to ₹225.00 Cr | up to ₹33.50 Cr |
Ashoka Buildcon IPO opens on Sep 24, 2010, while Gallantt Ispat IPO opens on Sep 22, 2010. The closing date of Ashoka Buildcon IPO and Gallantt Ispat IPO is Sep 28, 2010, and Sep 24, 2010, respectively.
| Ashoka Buildcon IPO | Gallantt Ispat IPO | |
|---|---|---|
| Anchor Bid Date | Sep 23, 2010 | |
| Issue Open | Sep 24, 2010 | Sep 22, 2010 |
| Issue Close | Sep 28, 2010 | Sep 24, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 14, 2010 | Oct 11, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ashoka Buildcon IPO P/E ratio is , as compared to Gallantt Ispat IPO P/E ratio of .
| Ashoka Buildcon IPO | Gallantt Ispat IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 92.77 | ||||
| Promoter Shareholding (Post-Issue) | 100 | 69.93 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1705.41 Cr. | ₹133.83 Cr. | ||||
| ROE | 21.3 | |||||
| ROCE | 10.9 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 17.38 |
In the Ashoka Buildcon IPO Retail Individual Investors (RII) are offered 20,72,917 shares while in Gallantt Ispat IPO retail investors are offered 20,72,917 shares. Qualified Institutional Buyers (QIB) are offered 29,02,083 shares in Ashoka Buildcon IPO and 6,70,000 shares in Gallantt Ispat IPO.
| Ashoka Buildcon IPO | Gallantt Ispat IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,43,750 shares | |
| Market Maker Reservation | ||
| QIB | 29,02,083 shares | 6,70,000 shares |
| NII | 6,90,972 shares | 26,80,000 shares |
| RII | 20,72,917 shares | 33,50,000 shares |
| Employee | 34,722 shares | |
| Others | ||
| Total | 69,44,444 shares | 67,00,000 shares |
Ashoka Buildcon IPO subscribed 14.28x in total, whereas Gallantt Ispat IPO subscribed 1.68x.
| Ashoka Buildcon IPO | Gallantt Ispat IPO | |
|---|---|---|
| QIB (times) | 27.84x | 3.23x |
| NII (times) | 15.17x | 1.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.77x | 1.30x |
| Employee (times) | 1.32x | |
| Other (times) | ||
| Total (times) | 14.28x | 1.68x |
