Comparison between Gala Precision Engineering IPO and Tolins Tyres IPO.
Gala Precision Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tolins Tyres 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 Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of Gala Precision Engineering IPO is ₹529.00 per share and of Tolins Tyres IPO is ₹226.00 per share.
| Gala Precision Engineering IPO | Tolins Tyres IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹503.00 per share | ₹215.00 per share |
| Issue Price (Upper) | ₹529.00 per share | ₹226.00 per share |
| Issue Price (Final) | ₹529.00 per share | ₹226.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 28 shares | 66 shares |
| Fresh Issue Size | 25,58,416 shares | 88,49,559 shares |
| Fresh Issue Size (Amount) | up to ₹135.34 Cr | up to ₹200.00 Cr |
| OFS Issue Size | 6,16,000 shares | 13,27,432 shares |
| OFS Issue Size (Amount) | up to ₹32.59 Cr | up to ₹30.00 Cr |
| Issue Size Total | 31,74,416 shares | 1,01,76,991 shares |
| Issue Size Total (Amount) | up to ₹167.93 Cr | up to ₹230.00 Cr |
Gala Precision Engineering IPO opens on Sep 02, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of Gala Precision Engineering IPO and Tolins Tyres IPO is Sep 04, 2024, and Sep 11, 2024, respectively.
| Gala Precision Engineering IPO | Tolins Tyres IPO | |
|---|---|---|
| Anchor Bid Date | Aug 30, 2024 | Sep 06, 2024 |
| Issue Open | Sep 02, 2024 | Sep 09, 2024 |
| Issue Close | Sep 04, 2024 | Sep 11, 2024 |
| Basis Of Allotment (Tentative) | Sep 05, 2024 | Sep 12, 2024 |
| Initiation of Refunds (Tentative) | Sep 06, 2024 | Sep 13, 2024 |
| Credit of Share (Tentative) | Sep 06, 2024 | Sep 13, 2024 |
| Listing date (Tentative) | Sep 09, 2024 | Sep 16, 2024 |
| Anchor Lockin End date 1 | Oct 04, 2024 | Oct 12, 2024 |
| Anchor Lockin End date 2 | Dec 03, 2024 | Dec 12, 2024 |
Gala Precision Engineering IPO P/E ratio is 23.95, as compared to Tolins Tyres IPO P/E ratio of 26.64.
| Gala Precision Engineering IPO | Tolins Tyres IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.56 | 92.64 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.4 | 68.53 | ||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.95 | 26.64 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹670.24 Cr. | ₹892.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.59% | 25.87% | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.91% | 36.08% | ||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.53 | 0.78 | ||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹22.09 | ₹8.48 | ||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.38% | 25.87% | ||||||||||||||||||||||||||||||||||||||||||||||||
In the Gala Precision Engineering IPO Retail Individual Investors (RII) are offered 11,09,017 shares while in Tolins Tyres 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 20,35,398 shares in Tolins Tyres IPO.
| Gala Precision Engineering IPO | Tolins Tyres IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,50,586 shares | 30,53,097 shares |
| Market Maker Reservation | ||
| QIB | 6,33,724 shares | 20,35,398 shares |
| NII | 4,75,293 shares | 15,26,549 shares |
| RII | 11,09,017 shares | 35,61,947 shares |
| Employee | 5,796 shares | |
| Others | ||
| Total | 31,74,416 shares | 1,01,76,991 shares |
Gala Precision Engineering IPO subscribed 201.41x in total, whereas Tolins Tyres IPO subscribed 25.03x.
| Gala Precision Engineering IPO | Tolins Tyres IPO | |
|---|---|---|
| QIB (times) | 232.54x | 26.72x |
| NII (times) | 414.62x | 28.80x |
| Big NII (times) | 439.67x | 26.39x |
| Small NII (times) | 364.54x | 33.63x |
| RII (times) | 91.95x | 22.45x |
| Employee (times) | 258.95x | |
| Other (times) | ||
| Total (times) | 201.41x | 25.03x |
