Gallantt Metal IPO vs Nitco Tiles IPO

Comparison between Gallantt Metal IPO and Nitco Tiles IPO.

IPO Details

Gallantt Metal IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nitco Tiles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Gallantt Metal IPO is up to ₹31.12 Cr whereas the issue size of the Nitco Tiles IPO is up to ₹168.00 Cr. The final issue price of Gallantt Metal IPO is ₹10.00 per share and of Nitco Tiles IPO is ₹168.00 per share.

 Gallantt Metal IPONitco Tiles IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹140.00 per share
Issue Price (Upper)₹168.00 per share
Issue Price (Final)₹10.00 per share₹168.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size3,11,22,324 shares1,00,00,000 shares
Fresh Issue Size (Amount)up to ₹31.12 Crup to ₹168.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,11,22,324 shares1,00,00,000 shares
Issue Size Total (Amount)up to ₹31.12 Crup to ₹168.00 Cr

IPO Timetable

Gallantt Metal IPO opens on Mar 06, 2006, while Nitco Tiles IPO opens on Feb 22, 2006. The closing date of Gallantt Metal IPO and Nitco Tiles IPO is Mar 10, 2006, and Feb 27, 2006, respectively.

Financials & KPIs

Gallantt Metal IPO P/E ratio is 110.05, as compared to Nitco Tiles IPO P/E ratio of .

 Gallantt Metal IPONitco Tiles IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 200531 Mar 200431 Mar 2003
Assets67.39
Profit After Tax1.040.361.09
NET Worth30.2629.2216.55
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10086.44
Promoter Shareholding (Post-Issue)59.2247.62
P/E Ratio110.05
Market Cap₹76.32 Cr.₹374.16 Cr.
ROE
ROCE
Debt/Equity
EPS₹0.09
RoNW

Shares Offered

In the Gallantt Metal IPO Retail Individual Investors (RII) are offered 1,47,82,000 shares while in Nitco Tiles 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 45,00,000 shares in Nitco Tiles IPO.

 Gallantt Metal IPONitco Tiles IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares0 shares
QIB29,56,400 shares45,00,000 shares
NII1,18,25,600 shares13,50,000 shares
RII1,47,82,000 shares31,50,000 shares
Employee15,56,000 shares10,00,000 shares
Others
Total3,11,20,000 shares1,00,00,000 shares

Bids Received (Subscription)

Gallantt Metal IPO subscribed in total, whereas Nitco Tiles IPO subscribed .

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