Galactico Corporate IPO vs Sona Hi Sona Jewellers IPO

Comparison between Galactico Corporate IPO and Sona Hi Sona Jewellers IPO.

IPO Details

Galactico Corporate IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sona Hi Sona Jewellers IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Galactico Corporate IPO is up to ₹3.51 Cr whereas the issue size of the Sona Hi Sona Jewellers IPO is up to ₹4.26 Cr. The final issue price of Galactico Corporate IPO is ₹23.00 per share and of Sona Hi Sona Jewellers IPO is ₹10.00 per share.

 Galactico Corporate IPOSona Hi Sona Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹23.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares10000 shares
Fresh Issue Size2,16,000 shares42,60,000 shares
Fresh Issue Size (Amount)up to ₹0.50 Crup to ₹4.26 Cr
OFS Issue Size13,08,000 shares0 shares
OFS Issue Size (Amount)up to ₹3.01 Crup to ₹0.00 Cr
Issue Size Total15,24,000 shares42,60,000 shares
Issue Size Total (Amount)up to ₹3.51 Crup to ₹4.26 Cr

IPO Timetable

Galactico Corporate IPO opens on Sep 24, 2019, while Sona Hi Sona Jewellers IPO opens on Sep 30, 2019. The closing date of Galactico Corporate IPO and Sona Hi Sona Jewellers IPO is Sep 27, 2019, and Oct 04, 2019, respectively.

Financials & KPIs

Galactico Corporate IPO P/E ratio is , as compared to Sona Hi Sona Jewellers IPO P/E ratio of .

 Galactico Corporate IPOSona Hi Sona Jewellers IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets12.9112.177.93
Total Income1.971.600.52
Profit After Tax0.740.850.32
NET Worth12.3011.567.07
Reserves and Surplus6.876.137.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets22.2422.3112.20
Total Income67.1859.0354.48
Profit After Tax0.390.190.06
NET Worth9.779.384.65
Reserves and Surplus2.482.093.85
Total Borrowing12.3112.787.51
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%100%
Promoter Shareholding (Post-Issue)71.94%73.19%
Market Cap₹13.18 Cr.₹16.79 Cr.

Shares Offered

In the Galactico Corporate IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Sona Hi Sona Jewellers IPO retail investors are offered 7,62,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Galactico Corporate IPO and in Sona Hi Sona Jewellers IPO.

 Galactico Corporate IPOSona Hi Sona Jewellers IPO
Anchor Investor Reservation0 shares
Market Maker Reservation84,000 shares2,40,000 shares
QIB0 shares
NII7,62,000 shares21,30,000 shares
RII7,62,000 shares21,30,000 shares
Employee0 shares
Total15,24,000 shares42,60,000 shares

Bids Received (Subscription)

Galactico Corporate IPO subscribed 1.16x in total, whereas Sona Hi Sona Jewellers IPO subscribed 1.21x.

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Galactico Corporate IPO Vs Sona Hi Sona Jewellers IPO