Comparison between Gala Precision Engineering IPO and Premier Energies IPO.
Gala Precision Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Premier Energies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Gala Precision Engineering IPO is up to ₹167.93 Cr whereas the issue size of the Premier Energies IPO is up to ₹2,830.40 Cr. The final issue price of Gala Precision Engineering IPO is ₹529.00 per share and of Premier Energies IPO is ₹450.00 per share.
| Gala Precision Engineering IPO | Premier Energies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹503.00 per share | ₹427.00 per share |
| Issue Price (Upper) | ₹529.00 per share | ₹450.00 per share |
| Issue Price (Final) | ₹529.00 per share | ₹450.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹22.00 per share |
| Market Lot Size | 28 shares | 33 shares |
| Fresh Issue Size | 25,58,416 shares | 2,87,09,200 shares |
| Fresh Issue Size (Amount) | up to ₹135.34 Cr | up to ₹1,291.68 Cr |
| OFS Issue Size | 6,16,000 shares | 3,42,00,000 shares |
| OFS Issue Size (Amount) | up to ₹32.59 Cr | up to ₹1,538.72 Cr |
| Issue Size Total | 31,74,416 shares | 6,29,09,200 shares |
| Issue Size Total (Amount) | up to ₹167.93 Cr | up to ₹2,830.40 Cr |
Gala Precision Engineering IPO opens on Sep 02, 2024, while Premier Energies IPO opens on Aug 27, 2024. The closing date of Gala Precision Engineering IPO and Premier Energies IPO is Sep 04, 2024, and Aug 29, 2024, respectively.
| Gala Precision Engineering IPO | Premier Energies IPO | |
|---|---|---|
| Anchor Bid Date | Aug 30, 2024 | Aug 26, 2024 |
| Issue Open | Sep 02, 2024 | Aug 27, 2024 |
| Issue Close | Sep 04, 2024 | Aug 29, 2024 |
| Basis Of Allotment (Tentative) | Sep 05, 2024 | Aug 30, 2024 |
| Initiation of Refunds (Tentative) | Sep 06, 2024 | Sep 02, 2024 |
| Credit of Share (Tentative) | Sep 06, 2024 | Sep 02, 2024 |
| Listing date (Tentative) | Sep 09, 2024 | Sep 03, 2024 |
| Anchor Lockin End date 1 | Oct 04, 2024 | Sep 28, 2024 |
| Anchor Lockin End date 2 | Dec 03, 2024 | Nov 27, 2024 |
Gala Precision Engineering IPO P/E ratio is 23.95, as compared to Premier Energies IPO P/E ratio of 82.09.
| Gala Precision Engineering IPO | Premier Energies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.56 | 70.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.4 | 64.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.95 | 82.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹670.24 Cr. | ₹20284.33 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.59% | 43.73% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.91% | 25.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.53 | 1.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹22.09 | ₹5.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.38% | 37.46% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gala Precision Engineering IPO Retail Individual Investors (RII) are offered 11,09,017 shares while in Premier Energies 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 1,25,35,111 shares in Premier Energies IPO.
| Gala Precision Engineering IPO | Premier Energies IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,50,586 shares | 1,88,02,666 shares |
| Market Maker Reservation | ||
| QIB | 6,33,724 shares | 1,25,35,111 shares |
| NII | 4,75,293 shares | 94,01,334 shares |
| RII | 11,09,017 shares | 2,19,36,445 shares |
| Employee | 5,796 shares | 2,33,644 shares |
| Others | ||
| Total | 31,74,416 shares | 6,29,09,200 shares |
Gala Precision Engineering IPO subscribed 201.41x in total, whereas Premier Energies IPO subscribed 75.00x.
| Gala Precision Engineering IPO | Premier Energies IPO | |
|---|---|---|
| QIB (times) | 232.54x | 212.42x |
| NII (times) | 414.62x | 50.98x |
| Big NII (times) | 439.67x | 58.00x |
| Small NII (times) | 364.54x | 36.96x |
| RII (times) | 91.95x | 7.44x |
| Employee (times) | 258.95x | 11.32x |
| Other (times) | ||
| Total (times) | 201.41x | 75.00x |
