Gala Precision Engineering IPO vs Interarch Building Products IPO

Comparison between Gala Precision Engineering IPO and Interarch Building Products IPO.

IPO Details

Gala Precision Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Interarch Building Products IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Gala Precision Engineering IPO is up to ₹167.93 Cr whereas the issue size of the Interarch Building Products IPO is up to ₹600.29 Cr. The final issue price of Gala Precision Engineering IPO is ₹529.00 per share and of Interarch Building Products IPO is ₹900.00 per share.

 Gala Precision Engineering IPOInterarch Building Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹503.00 per share₹850.00 per share
Issue Price (Upper)₹529.00 per share₹900.00 per share
Issue Price (Final)₹529.00 per share₹900.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share₹85.00 per share
Market Lot Size28 shares16 shares
Fresh Issue Size25,58,416 shares22,24,539 shares
Fresh Issue Size (Amount)up to ₹135.34 Crup to ₹200.14 Cr
OFS Issue Size6,16,000 shares44,47,630 shares
OFS Issue Size (Amount)up to ₹32.59 Crup to ₹400.15 Cr
Issue Size Total31,74,416 shares66,72,169 shares
Issue Size Total (Amount)up to ₹167.93 Crup to ₹600.29 Cr

IPO Timetable

Gala Precision Engineering IPO opens on Sep 02, 2024, while Interarch Building Products IPO opens on Aug 19, 2024. The closing date of Gala Precision Engineering IPO and Interarch Building Products IPO is Sep 04, 2024, and Aug 21, 2024, respectively.

 Gala Precision Engineering IPOInterarch Building Products IPO
Anchor Bid DateAug 30, 2024Aug 16, 2024
Issue OpenSep 02, 2024Aug 19, 2024
Issue CloseSep 04, 2024Aug 21, 2024
Basis Of Allotment (Tentative)Sep 05, 2024Aug 22, 2024
Initiation of Refunds (Tentative)Sep 06, 2024Aug 23, 2024
Credit of Share (Tentative)Sep 06, 2024Aug 23, 2024
Listing date (Tentative)Sep 09, 2024Aug 26, 2024
Anchor Lockin End date 1Oct 04, 2024Sep 20, 2024
Anchor Lockin End date 2Dec 03, 2024Nov 19, 2024

Financials & KPIs

Gala Precision Engineering IPO P/E ratio is 23.95, as compared to Interarch Building Products IPO P/E ratio of 15.04.

 Gala Precision Engineering IPOInterarch Building Products IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets188.69170.39145.62
Total Income204.38167.08147.96
Profit After Tax22.3324.216.63
NET Worth104.4583.6659.32
Reserves and Surplus94.6781.1356.79
Total Borrowing55.0358.6056.89
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets755.01675.03543.75
Total Income1,306.321,136.39840.86
Profit After Tax86.2681.4617.13
NET Worth262.65343.80262.65
Total Borrowing3.3611.383.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74.5687.53
Promoter Shareholding (Post-Issue)55.459.9
P/E Ratio23.9515.04
Market Cap₹670.24 Cr.₹1497.43 Cr.
ROE23.59%19.40%
ROCE19.91%25.79%
Debt/Equity0.53-0.11
EPS₹22.09₹59.84
RoNW21.38%22.26%

Shares Offered

In the Gala Precision Engineering IPO Retail Individual Investors (RII) are offered 11,09,017 shares while in Interarch Building Products IPO retail investors are offered 11,09,017 shares. Qualified Institutional Buyers (QIB) are offered 6,33,724 shares in Gala Precision Engineering IPO and 13,29,526 shares in Interarch Building Products IPO.

 Gala Precision Engineering IPOInterarch Building Products IPO
Anchor Investor Reservation9,50,586 shares19,94,288 shares
Market Maker Reservation
QIB6,33,724 shares13,29,526 shares
NII4,75,293 shares9,97,145 shares
RII11,09,017 shares23,26,671 shares
Employee5,796 shares24,539 shares
Others
Total31,74,416 shares66,72,169 shares

Bids Received (Subscription)

Gala Precision Engineering IPO subscribed 201.41x in total, whereas Interarch Building Products IPO subscribed 93.79x.

 Gala Precision Engineering IPOInterarch Building Products IPO
QIB (times)232.54x197.29x
NII (times)414.62x130.91x
Big NII (times)439.67x148.31x
Small NII (times)364.54x96.11x
RII (times)91.95x19.46x
Employee (times)258.95x25.75x
Other (times)
Total (times)201.41x93.79x

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