Comparison between Gallantt Metal IPO and Mahindra & Mahindra Financial Services IPO.
Gallantt Metal IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Mahindra & Mahindra Financial Services IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Gallantt Metal IPO is up to ₹31.12 Cr whereas the issue size of the Mahindra & Mahindra Financial Services IPO is up to ₹400.00 Cr. The final issue price of Gallantt Metal IPO is ₹10.00 per share and of Mahindra & Mahindra Financial Services IPO is ₹200.00 per share.
| Gallantt Metal IPO | Mahindra & Mahindra Financial Services IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹170.00 per share | |
| Issue Price (Upper) | ₹200.00 per share | |
| Issue Price (Final) | ₹10.00 per share | ₹200.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 3,11,22,324 shares | 1,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.12 Cr | up to ₹200.00 Cr |
| OFS Issue Size | 0 shares | 1,00,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹200.00 Cr |
| Issue Size Total | 3,11,22,324 shares | 2,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹31.12 Cr | up to ₹400.00 Cr |
Gallantt Metal IPO opens on Mar 06, 2006, while Mahindra & Mahindra Financial Services IPO opens on Feb 21, 2006. The closing date of Gallantt Metal IPO and Mahindra & Mahindra Financial Services IPO is Mar 10, 2006, and Feb 24, 2006, respectively.
| Gallantt Metal IPO | Mahindra & Mahindra Financial Services IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 06, 2006 | Feb 21, 2006 |
| Issue Close | Mar 10, 2006 | Feb 24, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 04, 2006 | Mar 17, 2006 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gallantt Metal IPO P/E ratio is 110.05, as compared to Mahindra & Mahindra Financial Services IPO P/E ratio of 18.48.
| Gallantt Metal IPO | Mahindra & Mahindra Financial Services IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 89.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.22 | 67.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 110.05 | 18.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.32 Cr. | ₹1720.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.09 | ₹10.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gallantt Metal IPO Retail Individual Investors (RII) are offered 1,47,82,000 shares while in Mahindra & Mahindra Financial Services IPO retail investors are offered 1,47,82,000 shares. Qualified Institutional Buyers (QIB) are offered 29,56,400 shares in Gallantt Metal IPO and 1,20,00,000 shares in Mahindra & Mahindra Financial Services IPO.
| Gallantt Metal IPO | Mahindra & Mahindra Financial Services IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 29,56,400 shares | 1,20,00,000 shares |
| NII | 1,18,25,600 shares | 20,00,000 shares |
| RII | 1,47,82,000 shares | 60,00,000 shares |
| Employee | 15,56,000 shares | 0 shares |
| Others | ||
| Total | 3,11,20,000 shares | 2,00,00,000 shares |
Gallantt Metal IPO subscribed in total, whereas Mahindra & Mahindra Financial Services IPO subscribed .
