Comparison between Bajaj Housing Finance IPO and Gala Precision Engineering IPO.
Bajaj Housing Finance 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 Bajaj Housing Finance IPO is up to ₹6,560.00 Cr whereas the issue size of the Gala Precision Engineering IPO is up to ₹167.93 Cr. The final issue price of Bajaj Housing Finance IPO is ₹70.00 per share and of Gala Precision Engineering IPO is ₹529.00 per share.
| Bajaj Housing Finance IPO | Gala Precision Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | ₹503.00 per share |
| Issue Price (Upper) | ₹70.00 per share | ₹529.00 per share |
| Issue Price (Final) | ₹70.00 per share | ₹529.00 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 | 214 shares | 28 shares |
| Fresh Issue Size | 50,85,71,428 shares | 25,58,416 shares |
| Fresh Issue Size (Amount) | up to ₹3,560.00 Cr | up to ₹135.34 Cr |
| OFS Issue Size | 42,85,71,428 shares | 6,16,000 shares |
| OFS Issue Size (Amount) | up to ₹3,000.00 Cr | up to ₹32.59 Cr |
| Issue Size Total | 93,71,42,856 shares | 31,74,416 shares |
| Issue Size Total (Amount) | up to ₹6,560.00 Cr | up to ₹167.93 Cr |
Bajaj Housing Finance IPO opens on Sep 09, 2024, while Gala Precision Engineering IPO opens on Sep 02, 2024. The closing date of Bajaj Housing Finance IPO and Gala Precision Engineering IPO is Sep 11, 2024, and Sep 04, 2024, respectively.
| Bajaj Housing Finance IPO | Gala Precision Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Sep 06, 2024 | Aug 30, 2024 |
| Issue Open | Sep 09, 2024 | Sep 02, 2024 |
| Issue Close | Sep 11, 2024 | Sep 04, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Sep 05, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 06, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 06, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 09, 2024 |
| Anchor Lockin End date 1 | Oct 12, 2024 | Oct 04, 2024 |
| Anchor Lockin End date 2 | Dec 11, 2024 | Dec 03, 2024 |
Bajaj Housing Finance IPO P/E ratio is 31.62, as compared to Gala Precision Engineering IPO P/E ratio of 23.95.
| Bajaj Housing Finance IPO | Gala Precision Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 74.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 88.75 | 55.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.62 | 23.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹58297.03 Cr. | ₹670.24 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.59% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.91% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.70 | 0.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.21 | ₹22.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.6% | 21.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bajaj Housing Finance IPO Retail Individual Investors (RII) are offered 29,30,00,000 shares while in Gala Precision Engineering IPO retail investors are offered 29,30,00,000 shares. Qualified Institutional Buyers (QIB) are offered 16,74,28,572 shares in Bajaj Housing Finance IPO and 6,33,724 shares in Gala Precision Engineering IPO.
| Bajaj Housing Finance IPO | Gala Precision Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 25,11,42,856 shares | 9,50,586 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 16,74,28,572 shares | 6,33,724 shares |
| NII | 12,55,71,429 shares | 4,75,293 shares |
| RII | 29,30,00,000 shares | 11,09,017 shares |
| Employee | 2,85,71,428 shares | 5,796 shares |
| Others | ||
| Total | 93,71,42,856 shares | 31,74,416 shares |
Bajaj Housing Finance IPO subscribed 67.43x in total, whereas Gala Precision Engineering IPO subscribed 201.41x.
| Bajaj Housing Finance IPO | Gala Precision Engineering IPO | |
|---|---|---|
| QIB (times) | 222.05x | 232.54x |
| NII (times) | 43.98x | 414.62x |
| Big NII (times) | 50.53x | 439.67x |
| Small NII (times) | 30.88x | 364.54x |
| RII (times) | 7.41x | 91.95x |
| Employee (times) | 2.13x | 258.95x |
| Other (times) | 18.54x | |
| Total (times) | 67.43x | 201.41x |
