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B.A.G.Convergence IPO vs Gallard Steel IPO

Comparison between B.A.G.Convergence IPO and Gallard Steel IPO.

IPO Details

B.A.G.Convergence IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Gallard Steel IPO is a SME Bookbuilding proposed to list at BSE SME.

 B.A.G.Convergence IPOGallard Steel IPO
LogoB.A.G.Convergence IPO LogoGallard Steel IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersInventure Merchant Banker Services Pvt.Ltd.Seren Capital Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Ankit Consultancy Pvt.Ltd.
Market MakerACME Capital Market Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of B.A.G.Convergence IPO is up to ₹0.00 Cr whereas the issue size of the Gallard Steel IPO is up to ₹0.00 Cr. The final issue price of B.A.G.Convergence IPO is and of Gallard Steel IPO is .

 B.A.G.Convergence IPOGallard Steel IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size56,00,000 shares30,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total56,00,000 shares0 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹0.00 Cr

IPO Timetable

B.A.G.Convergence IPO opens on , while Gallard Steel IPO opens on . The closing date of B.A.G.Convergence IPO and Gallard Steel IPO is , and , respectively.

 B.A.G.Convergence IPOGallard Steel IPO
Anchor Bid Date
Issue Open
Issue Close
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

B.A.G.Convergence IPO P/E ratio is , as compared to Gallard Steel IPO P/E ratio of .

 B.A.G.Convergence IPOGallard Steel IPO
Financials

B.A.G. Convergence Limited Financial Information (Restated Consolidated)

Period Ended31 Jul 202431 Mar 202431 Mar 202331 Mar 2022
Assets22.4318.3311.5712.71
Total Income10.0830.3324.9622.47
Profit After Tax2.598.034.982.54
Net Worth15.77.11-0.92-5.9
Reserves and Surplus7.897.1-0.93-5.91
Amount in ₹ Crore

Gallard Steel Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 2024
Assets42.1539.13
Total Income24.5427.86
Profit After Tax3.123.18
Net Worth14.1411.02
Reserves and Surplus7.144.02
Total Borrowing16.8417.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.5895.14
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE37.22%
ROCE16.39%
Debt/Equity1.60
EPS
RoNW6.50%28.90%

Shares Offered

In the B.A.G.Convergence IPO Retail Individual Investors (RII) are offered while in Gallard Steel IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in B.A.G.Convergence IPO and in Gallard Steel IPO.

 B.A.G.Convergence IPOGallard Steel IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

B.A.G.Convergence IPO subscribed in total, whereas Gallard Steel IPO subscribed .

 B.A.G.Convergence IPOGallard Steel IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)