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Gabriel Pet Straps IPO vs Megatherm Induction IPO

Comparison between Gabriel Pet Straps IPO and Megatherm Induction IPO.

IPO Details

Gabriel Pet Straps IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Megatherm Induction IPO is a SME Bookbuilding proposed to list at NSE SME.

 Gabriel Pet Straps IPOMegatherm Induction IPO
LogoGabriel Pet Straps IPO LogoMegatherm Induction IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersShreni Shares Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShreni Shares Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Gabriel Pet Straps IPO is up to ₹7.61 Cr whereas the issue size of the Megatherm Induction IPO is up to ₹51.20 Cr. The final issue price of Gabriel Pet Straps IPO is ₹101.00 per share and of Megatherm Induction IPO is ₹108.00 per share.

 Gabriel Pet Straps IPOMegatherm Induction IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹108.00 per share
Issue Price (Final)₹101.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size7,53,600 shares47,41,200 shares
Fresh Issue Size (Amount)up to ₹7.61 Crup to ₹51.20 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total7,53,600 shares47,41,200 shares
Issue Size Total (Amount)up to ₹7.61 Crup to ₹51.20 Cr

IPO Timetable

Gabriel Pet Straps IPO opens on Jan 31, 2024, while Megatherm Induction IPO opens on Jan 29, 2024. The closing date of Gabriel Pet Straps IPO and Megatherm Induction IPO is Feb 02, 2024, and Jan 31, 2024, respectively.

 Gabriel Pet Straps IPOMegatherm Induction IPO
Anchor Bid DateJan 25, 2024
Issue OpenJan 31, 2024Jan 29, 2024
Issue CloseFeb 02, 2024Jan 31, 2024
Basis Of Allotment (Tentative)Feb 05, 2024Feb 01, 2024
Initiation of Refunds (Tentative)Feb 06, 2024Feb 02, 2024
Credit of Share (Tentative)Feb 06, 2024Feb 02, 2024
Listing date (Tentative)Feb 07, 2024Feb 05, 2024
Anchor Lockin End date 1Mar 02, 2024
Anchor Lockin End date 2May 01, 2024

Financials & KPIs

Gabriel Pet Straps IPO P/E ratio is 35.94, as compared to Megatherm Induction IPO P/E ratio of 10.68.

 Gabriel Pet Straps IPOMegatherm Induction IPO
Financials

Gabriel Pet Straps Limited Financial Information (Restated)

Gabriel Pet Straps Limited's revenue increased by 54.93% and profit after tax (PAT) rose by 1511.96% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended15 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,067.69742.16491.96106.64
Total Income451.901,500.60968.577.70
Profit After Tax17.3051.96-3.68
Net Worth203.30249.41183.7498.19
Reserves and Surplus18.42
Total Borrowing630.91297.48273.06
Amount in ₹ Lakhs

Megatherm Induction Limited Financial Information (Restated)

Megatherm Induction Limited's revenue increased by 41.37% and profit after tax (PAT) rose by 1171.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets21,040.2819,197.8717,262.7614,645.06
Total Income14,732.3126,643.8418,846.9210,927.03
Profit After Tax759.341,400.41110.10309.12
Net Worth5,821.985,062.643,662.233,512.13
Reserves and Surplus4,437.114,139.392,738.982,598.88
Total Borrowing4,480.464,282.044,038.804,327.04
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0098.92
Promoter Shareholding (Post-Issue)69.8472.71
P/E Ratio35.9410.68
Market Cap₹26.73 Cr.₹203.48 Cr.
ROE23.99%27.66%
ROCE46.89%27.47%
Debt/Equity1.191.67
EPS₹2.81₹10.11
RoNW20.83%27.66%

Shares Offered

In the Gabriel Pet Straps IPO Retail Individual Investors (RII) are offered 3,76,800 shares while in Megatherm Induction IPO retail investors are offered 3,76,800 shares. Qualified Institutional Buyers (QIB) are offered in Gabriel Pet Straps IPO and 9,48,000 shares in Megatherm Induction IPO.

 Gabriel Pet Straps IPOMegatherm Induction IPO
Anchor Investor Reserveration14,22,000 shares
Market Maker Reserveration44,400 shares2,50,800 shares
QIB9,48,000 shares
NII3,76,800 shares7,11,600 shares
RII3,76,800 shares16,59,600 shares
Employee
Others
Total7,53,600 shares47,41,200 shares

Bids Received (Subscription)

Gabriel Pet Straps IPO subscribed 246.20x in total, whereas Megatherm Induction IPO subscribed 196.11x.

 Gabriel Pet Straps IPOMegatherm Induction IPO
QIB (times)105.14x
NII (times)361.56x307.04x
Big NII (times)
Small NII (times)
RII (times)122.92x200.51x
Employee (times)
Other (times)
Total (times)246.20x196.11x