Comparison between Gallantt Metal IPO and Visa Steel IPO.
Gallantt Metal IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Visa Steel 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 Visa Steel IPO is up to ₹171.00 Cr. The final issue price of Gallantt Metal IPO is ₹10.00 per share and of Visa Steel IPO is ₹57.00 per share.
| Gallantt Metal IPO | Visa Steel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | |
| Issue Price (Upper) | ₹57.00 per share | |
| Issue Price (Final) | ₹10.00 per share | ₹57.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 3,11,22,324 shares | 3,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.12 Cr | up to ₹171.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,11,22,324 shares | 3,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹31.12 Cr | up to ₹171.00 Cr |
Gallantt Metal IPO opens on Mar 06, 2006, while Visa Steel IPO opens on Feb 23, 2006. The closing date of Gallantt Metal IPO and Visa Steel IPO is Mar 10, 2006, and Feb 27, 2006, respectively.
| Gallantt Metal IPO | Visa Steel IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 06, 2006 | Feb 23, 2006 |
| Issue Close | Mar 10, 2006 | Feb 27, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 04, 2006 | |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gallantt Metal IPO P/E ratio is 110.05, as compared to Visa Steel IPO P/E ratio of 65.15.
| Gallantt Metal IPO | Visa Steel IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.22 | 72.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 110.05 | 65.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.32 Cr. | ₹627.00 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.09 | ₹0.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gallantt Metal IPO Retail Individual Investors (RII) are offered 1,47,82,000 shares while in Visa Steel 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 1,50,00,000 shares in Visa Steel IPO.
| Gallantt Metal IPO | Visa Steel IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 29,56,400 shares | 1,50,00,000 shares |
| NII | 1,18,25,600 shares | 45,00,000 shares |
| RII | 1,47,82,000 shares | 1,05,00,000 shares |
| Employee | 15,56,000 shares | 0 shares |
| Others | ||
| Total | 3,11,20,000 shares | 3,00,00,000 shares |
Gallantt Metal IPO subscribed in total, whereas Visa Steel IPO subscribed .
