Comparison between Bang Overseas IPO and GSS America Infotech IPO.
Bang Overseas IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while GSS America Infotech IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bang Overseas IPO is up to ₹72.45 Cr whereas the issue size of the GSS America Infotech IPO is up to ₹139.90 Cr. The final issue price of Bang Overseas IPO is ₹207.00 per share and of GSS America Infotech IPO is ₹400.00 per share.
| Bang Overseas IPO | GSS America Infotech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹200.00 per share | ₹400.00 per share |
| Issue Price (Upper) | ₹207.00 per share | ₹440.00 per share |
| Issue Price (Final) | ₹207.00 per share | ₹400.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 30 shares | 15 shares |
| Fresh Issue Size | 35,00,000 shares | 34,97,495 shares |
| Fresh Issue Size (Amount) | up to ₹72.45 Cr | up to ₹139.90 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 | 35,00,000 shares | 34,97,495 shares |
| Issue Size Total (Amount) | up to ₹72.45 Cr | up to ₹139.90 Cr |
Bang Overseas IPO opens on Jan 28, 2008, while GSS America Infotech IPO opens on Feb 11, 2008. The closing date of Bang Overseas IPO and GSS America Infotech IPO is Jan 31, 2008, and Feb 15, 2008, respectively.
| Bang Overseas IPO | GSS America Infotech IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 28, 2008 | Feb 11, 2008 |
| Issue Close | Jan 31, 2008 | Feb 15, 2008 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 20, 2008 | Mar 07, 2008 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bang Overseas IPO P/E ratio is , as compared to GSS America Infotech IPO P/E ratio of .
| Bang Overseas IPO | GSS America Infotech IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 91.74 | 65.98 | ||||
| Promoter Shareholding (Post-Issue) | 68.06 | 48.63 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹280.69 Cr. | ₹532.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 57.96 | 43.31 |
In the Bang Overseas IPO Retail Individual Investors (RII) are offered 11,90,000 shares while in GSS America Infotech IPO retail investors are offered 11,90,000 shares. Qualified Institutional Buyers (QIB) are offered 17,00,000 shares in Bang Overseas IPO and 16,70,000 shares in GSS America Infotech IPO.
| Bang Overseas IPO | GSS America Infotech IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 17,00,000 shares | 16,70,000 shares |
| NII | 5,10,000 shares | 5,01,000 shares |
| RII | 11,90,000 shares | 11,69,000 shares |
| Employee | 1,00,000 shares | 1,57,495 shares |
| Others | ||
| Total | 35,00,000 shares | 34,97,495 shares |
Bang Overseas IPO subscribed 1.24x in total, whereas GSS America Infotech IPO subscribed 1.08x.
| Bang Overseas IPO | GSS America Infotech IPO | |
|---|---|---|
| QIB (times) | 1.14x | 1.06x |
| NII (times) | 1.81x | 3.50x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.17x | 0.20x |
| Employee (times) | 1.01x | 0.02x |
| Other (times) | ||
| Total (times) | 1.24x | 1.08x |
