Comparison between Baazar Style Retail IPO and Gala Precision Engineering IPO.
Baazar Style Retail 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 Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the Gala Precision Engineering IPO is up to ₹167.93 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of Gala Precision Engineering IPO is ₹529.00 per share.
| Baazar Style Retail IPO | Gala Precision Engineering IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹370.00 per share | ₹503.00 per share |
| Issue Price (Upper) | ₹389.00 per share | ₹529.00 per share |
| Issue Price (Final) | ₹389.00 per share | ₹529.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹35.00 per share | ₹0.00 per share |
| Market Lot Size | 38 shares | 28 shares |
| Fresh Issue Size | 38,06,387 shares | 25,58,416 shares |
| Fresh Issue Size (Amount) | up to ₹148.06 Cr | up to ₹135.34 Cr |
| OFS Issue Size | 1,76,52,320 shares | 6,16,000 shares |
| OFS Issue Size (Amount) | up to ₹686.62 Cr | up to ₹32.59 Cr |
| Issue Size Total | 2,14,58,707 shares | 31,74,416 shares |
| Issue Size Total (Amount) | up to ₹834.68 Cr | up to ₹167.93 Cr |
Baazar Style Retail IPO opens on Aug 30, 2024, while Gala Precision Engineering IPO opens on Sep 02, 2024. The closing date of Baazar Style Retail IPO and Gala Precision Engineering IPO is Sep 03, 2024, and Sep 04, 2024, respectively.
| Baazar Style Retail IPO | Gala Precision Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Aug 29, 2024 | Aug 30, 2024 |
| Issue Open | Aug 30, 2024 | Sep 02, 2024 |
| Issue Close | Sep 03, 2024 | Sep 04, 2024 |
| Basis Of Allotment (Tentative) | Sep 04, 2024 | Sep 05, 2024 |
| Initiation of Refunds (Tentative) | Sep 05, 2024 | Sep 06, 2024 |
| Credit of Share (Tentative) | Sep 05, 2024 | Sep 06, 2024 |
| Listing date (Tentative) | Sep 06, 2024 | Sep 09, 2024 |
| Anchor Lockin End date 1 | Oct 03, 2024 | Oct 04, 2024 |
| Anchor Lockin End date 2 | Dec 02, 2024 | Dec 03, 2024 |
Baazar Style Retail IPO P/E ratio is 125.54, as compared to Gala Precision Engineering IPO P/E ratio of 23.95.
| Baazar Style Retail IPO | Gala Precision Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 55.03 | 74.56 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 45.56 | 55.4 | ||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 125.54 | 23.95 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2902.55 Cr. | ₹670.24 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.74% | 23.59% | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.39% | 19.91% | ||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.76 | 0.53 | ||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.10 | ₹22.09 | ||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.32% | 21.38% | ||||||||||||||||||||||||||||||||||||||||||||||||
In the Baazar Style Retail IPO Retail Individual Investors (RII) are offered 75,00,934 shares while in Gala Precision Engineering IPO retail investors are offered 75,00,934 shares. Qualified Institutional Buyers (QIB) are offered 42,86,248 shares in Baazar Style Retail IPO and 6,33,724 shares in Gala Precision Engineering IPO.
| Baazar Style Retail IPO | Gala Precision Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 64,29,372 shares | 9,50,586 shares |
| Market Maker Reservation | ||
| QIB | 42,86,248 shares | 6,33,724 shares |
| NII | 32,14,686 shares | 4,75,293 shares |
| RII | 75,00,934 shares | 11,09,017 shares |
| Employee | 28,248 shares | 5,796 shares |
| Others | ||
| Total | 2,14,59,488 shares | 31,74,416 shares |
Baazar Style Retail IPO subscribed 40.63x in total, whereas Gala Precision Engineering IPO subscribed 201.41x.
| Baazar Style Retail IPO | Gala Precision Engineering IPO | |
|---|---|---|
| QIB (times) | 81.83x | 232.54x |
| NII (times) | 59.41x | 414.62x |
| Big NII (times) | 69.27x | 439.67x |
| Small NII (times) | 39.68x | 364.54x |
| RII (times) | 9.07x | 91.95x |
| Employee (times) | 35.08x | 258.95x |
| Other (times) | ||
| Total (times) | 40.63x | 201.41x |
