Comparison between ECOS Mobility IPO and Gala Precision Engineering IPO.
ECOS Mobility IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Gala Precision Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ECOS Mobility IPO is up to ₹601.20 Cr whereas the issue size of the Gala Precision Engineering IPO is up to ₹167.93 Cr. The final issue price of ECOS Mobility IPO is ₹334.00 per share and of Gala Precision Engineering IPO is ₹529.00 per share.
| ECOS Mobility IPO | Gala Precision Engineering IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹318.00 per share | ₹503.00 per share |
| Issue Price (Upper) | ₹334.00 per share | ₹529.00 per share |
| Issue Price (Final) | ₹334.00 per share | ₹529.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 44 shares | 28 shares |
| Fresh Issue Size | 0 shares | 25,58,416 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹135.34 Cr |
| OFS Issue Size | 1,80,00,000 shares | 6,16,000 shares |
| OFS Issue Size (Amount) | up to ₹601.20 Cr | up to ₹32.59 Cr |
| Issue Size Total | 1,80,00,000 shares | 31,74,416 shares |
| Issue Size Total (Amount) | up to ₹601.20 Cr | up to ₹167.93 Cr |
ECOS Mobility IPO opens on Aug 28, 2024, while Gala Precision Engineering IPO opens on Sep 02, 2024. The closing date of ECOS Mobility IPO and Gala Precision Engineering IPO is Aug 30, 2024, and Sep 04, 2024, respectively.
| ECOS Mobility IPO | Gala Precision Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Aug 27, 2024 | Aug 30, 2024 |
| Issue Open | Aug 28, 2024 | Sep 02, 2024 |
| Issue Close | Aug 30, 2024 | Sep 04, 2024 |
| Basis Of Allotment (Tentative) | Sep 02, 2024 | Sep 05, 2024 |
| Initiation of Refunds (Tentative) | Sep 03, 2024 | Sep 06, 2024 |
| Credit of Share (Tentative) | Sep 03, 2024 | Sep 06, 2024 |
| Listing date (Tentative) | Sep 04, 2024 | Sep 09, 2024 |
| Anchor Lockin End date 1 | Oct 01, 2024 | Oct 04, 2024 |
| Anchor Lockin End date 2 | Nov 30, 2024 | Dec 03, 2024 |
ECOS Mobility IPO P/E ratio is 32.05, as compared to Gala Precision Engineering IPO P/E ratio of 23.95.
| ECOS Mobility IPO | Gala Precision Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.75 | 74.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.75 | 55.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 32.05 | 23.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2004.00 Cr. | ₹670.24 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 42.75% | 23.59% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 42.88% | 19.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.12 | 0.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.42 | ₹22.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.75% | 21.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ECOS Mobility IPO Retail Individual Investors (RII) are offered 63,00,000 shares while in Gala Precision Engineering IPO retail investors are offered 63,00,000 shares. Qualified Institutional Buyers (QIB) are offered 36,00,000 shares in ECOS Mobility IPO and 6,33,724 shares in Gala Precision Engineering IPO.
| ECOS Mobility IPO | Gala Precision Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 54,00,000 shares | 9,50,586 shares |
| Market Maker Reservation | ||
| QIB | 36,00,000 shares | 6,33,724 shares |
| NII | 27,00,000 shares | 4,75,293 shares |
| RII | 63,00,000 shares | 11,09,017 shares |
| Employee | 5,796 shares | |
| Others | ||
| Total | 1,80,00,000 shares | 31,74,416 shares |
ECOS Mobility IPO subscribed 64.18x in total, whereas Gala Precision Engineering IPO subscribed 201.41x.
| ECOS Mobility IPO | Gala Precision Engineering IPO | |
|---|---|---|
| QIB (times) | 136.85x | 232.54x |
| NII (times) | 71.17x | 414.62x |
| Big NII (times) | 74.66x | 439.67x |
| Small NII (times) | 64.19x | 364.54x |
| RII (times) | 19.66x | 91.95x |
| Employee (times) | 258.95x | |
| Other (times) | ||
| Total (times) | 64.18x | 201.41x |
