Comparison between Gala Precision Engineering IPO and Shree Tirupati Balajee Agro IPO.
Gala Precision Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shree Tirupati Balajee Agro 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 Shree Tirupati Balajee Agro IPO is up to ₹169.65 Cr. The final issue price of Gala Precision Engineering IPO is ₹529.00 per share and of Shree Tirupati Balajee Agro IPO is ₹83.00 per share.
| Gala Precision Engineering IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹503.00 per share | ₹78.00 per share |
| Issue Price (Upper) | ₹529.00 per share | ₹83.00 per share |
| Issue Price (Final) | ₹529.00 per share | ₹83.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 28 shares | 180 shares |
| Fresh Issue Size | 25,58,416 shares | 1,47,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹135.34 Cr | up to ₹122.43 Cr |
| OFS Issue Size | 6,16,000 shares | 56,90,000 shares |
| OFS Issue Size (Amount) | up to ₹32.59 Cr | up to ₹47.23 Cr |
| Issue Size Total | 31,74,416 shares | 2,04,40,000 shares |
| Issue Size Total (Amount) | up to ₹167.93 Cr | up to ₹169.65 Cr |
Gala Precision Engineering IPO opens on Sep 02, 2024, while Shree Tirupati Balajee Agro IPO opens on Sep 05, 2024. The closing date of Gala Precision Engineering IPO and Shree Tirupati Balajee Agro IPO is Sep 04, 2024, and Sep 09, 2024, respectively.
| Gala Precision Engineering IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Anchor Bid Date | Aug 30, 2024 | Sep 04, 2024 |
| Issue Open | Sep 02, 2024 | Sep 05, 2024 |
| Issue Close | Sep 04, 2024 | Sep 09, 2024 |
| Basis Of Allotment (Tentative) | Sep 05, 2024 | Sep 10, 2024 |
| Initiation of Refunds (Tentative) | Sep 06, 2024 | Sep 11, 2024 |
| Credit of Share (Tentative) | Sep 06, 2024 | Sep 11, 2024 |
| Listing date (Tentative) | Sep 09, 2024 | Sep 12, 2024 |
| Anchor Lockin End date 1 | Oct 04, 2024 | Oct 09, 2024 |
| Anchor Lockin End date 2 | Dec 03, 2024 | Dec 08, 2024 |
Gala Precision Engineering IPO P/E ratio is 23.95, as compared to Shree Tirupati Balajee Agro IPO P/E ratio of 15.37.
| Gala Precision Engineering IPO | Shree Tirupati Balajee Agro IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.56 | 88.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.4 | 65.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.95 | 15.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹670.24 Cr. | ₹677.04 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.59% | 20.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.91% | 16.29% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.53 | 1.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹22.09 | ₹5.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.38% | 20.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gala Precision Engineering IPO Retail Individual Investors (RII) are offered 11,09,017 shares while in Shree Tirupati Balajee Agro 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 40,88,000 shares in Shree Tirupati Balajee Agro IPO.
| Gala Precision Engineering IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,50,586 shares | 61,32,000 shares |
| Market Maker Reservation | ||
| QIB | 6,33,724 shares | 40,88,000 shares |
| NII | 4,75,293 shares | 30,66,000 shares |
| RII | 11,09,017 shares | 71,54,000 shares |
| Employee | 5,796 shares | |
| Others | ||
| Total | 31,74,416 shares | 2,04,40,000 shares |
Gala Precision Engineering IPO subscribed 201.41x in total, whereas Shree Tirupati Balajee Agro IPO subscribed 124.74x.
| Gala Precision Engineering IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| QIB (times) | 232.54x | 150.87x |
| NII (times) | 414.62x | 210.12x |
| Big NII (times) | 439.67x | 225.47x |
| Small NII (times) | 364.54x | 179.41x |
| RII (times) | 91.95x | 73.22x |
| Employee (times) | 258.95x | |
| Other (times) | ||
| Total (times) | 201.41x | 124.74x |
