Comparison between Gajanand International IPO and Innomet Advanced Materials IPO.
Gajanand International IPO is a SME Fixed Price IPO proposed to list at NSE SME while Innomet Advanced Materials IPO is a SME Fixed Price proposed to list at NSE SME.
| Gajanand International IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Fast Track Finsec Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Gajanand International IPO is up to ₹19.61 Cr whereas the issue size of the Innomet Advanced Materials IPO is up to ₹32.52 Cr. The final issue price of Gajanand International IPO is ₹36.00 per share and of Innomet Advanced Materials IPO is ₹100.00 per share.
| Gajanand International IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹36.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 54,48,000 shares | 32,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹19.61 Cr | up to ₹32.52 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 | 54,48,000 shares | 32,52,000 shares |
| Issue Size Total (Amount) | up to ₹19.61 Cr | up to ₹32.52 Cr |
Gajanand International IPO opens on Sep 09, 2024, while Innomet Advanced Materials IPO opens on Sep 11, 2024. The closing date of Gajanand International IPO and Innomet Advanced Materials IPO is Sep 11, 2024, and Sep 13, 2024, respectively.
| Gajanand International IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2024 | Sep 11, 2024 |
| Issue Close | Sep 11, 2024 | Sep 13, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Sep 16, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 17, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 17, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 18, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gajanand International IPO P/E ratio is 21.08, as compared to Innomet Advanced Materials IPO P/E ratio of 37.78.
| Gajanand International IPO | Innomet Advanced Materials IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Gajanand International Limited Financial Information (Restated)Gajanand International Limited's revenue increased by 48% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2024 and March 31, 2023.
| Innomet Advanced Materials Limited Financial Information (Restated)Innomet Advanced Materials Limited's revenue increased by 9% and profit after tax (PAT) dropped by -22% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.50 | 74.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.34 | 54.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.08 | 37.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹67.81 Cr. | ₹129.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.30% | 21.37% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.72% | 16.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.68 | 1.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.71 | ₹2.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.30% | 17.11% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gajanand International IPO Retail Individual Investors (RII) are offered 27,24,000 shares while in Innomet Advanced Materials IPO retail investors are offered 27,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Gajanand International IPO and in Innomet Advanced Materials IPO.
| Gajanand International IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 2,88,000 shares | 1,71,600 shares |
| QIB | ||
| NII | 27,24,000 shares | 16,26,000 shares |
| RII | 27,24,000 shares | 16,26,000 shares |
| Employee | ||
| Others | ||
| Total | 54,48,000 shares | 32,52,000 shares |
Gajanand International IPO subscribed 15.27x in total, whereas Innomet Advanced Materials IPO subscribed 323.92x.
| Gajanand International IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 5.79x | 367.77x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 24.18x | 226.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.27x | 323.92x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
