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Ganesh Infraworld IPO vs Purple United Sales IPO

Comparison between Ganesh Infraworld IPO and Purple United Sales IPO.

IPO Details

Ganesh Infraworld IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Purple United Sales IPO is a SME Bookbuilding proposed to list at NSE SME.

 Ganesh Infraworld IPOPurple United Sales IPO
LogoGanesh Infraworld IPO LogoPurple United Sales IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersVivro Financial Services Pvt.Ltd.Expert Global Consultants Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Market MakerRikhav Securities Ltd.Prabhat Financial Services Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ganesh Infraworld IPO is up to ₹88.72 Cr whereas the issue size of the Purple United Sales IPO is up to ₹31.16 Cr. The final issue price of Ganesh Infraworld IPO is ₹83.00 per share and of Purple United Sales IPO is ₹126.00 per share.

 Ganesh Infraworld IPOPurple United Sales IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹78.00 per share₹121.00 per share
Issue Price (Upper)₹83.00 per share₹126.00 per share
Issue Price (Final)₹83.00 per share₹126.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size1,06,89,600 shares24,73,000 shares
Fresh Issue Size (Amount)up to ₹88.72 Crup to ₹31.16 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,06,89,600 shares24,73,000 shares
Issue Size Total (Amount)up to ₹88.72 Crup to ₹31.16 Cr

IPO Timetable

Ganesh Infraworld IPO opens on Nov 29, 2024, while Purple United Sales IPO opens on Dec 11, 2024. The closing date of Ganesh Infraworld IPO and Purple United Sales IPO is Dec 03, 2024, and Dec 13, 2024, respectively.

 Ganesh Infraworld IPOPurple United Sales IPO
Anchor Bid DateNov 28, 2024Dec 10, 2024
Issue OpenNov 29, 2024Dec 11, 2024
Issue CloseDec 03, 2024Dec 13, 2024
Basis Of Allotment (Tentative)Dec 04, 2024Dec 16, 2024
Initiation of Refunds (Tentative)Dec 05, 2024Dec 17, 2024
Credit of Share (Tentative)Dec 05, 2024Dec 17, 2024
Listing date (Tentative)Dec 06, 2024Dec 18, 2024
Anchor Lockin End date 1Jan 03, 2025Jan 14, 2025
Anchor Lockin End date 2Mar 04, 2025Mar 15, 2025

Financials & KPIs

Ganesh Infraworld IPO P/E ratio is 16.47, as compared to Purple United Sales IPO P/E ratio of 18.33.

 Ganesh Infraworld IPOPurple United Sales IPO
Financials

Ganesh Infraworld Limited Financial Information (Restated)

Ganesh Infraworld Limited's revenue increased by 116% and profit after tax (PAT) rose by 198% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Aug 202431 Mar 202431 Mar 202331 Mar 2022
Assets12,006.1717,725.324,266.892,529.77
Total Income21,232.8629,181.1213,504.858,115.46
Profit After Tax1,537.21,554.47520.92188.75
Net Worth6,617.243,720.041,515.22819.44
Reserves and Surplus5,075.012,622.26
Total Borrowing1,033.023,072.42708.96304.99
Amount in ₹ Lakhs

Purple United Sales Limited Financial Information (Restated)

Purple United Sales Limited's revenue increased by 67% and profit after tax (PAT) rose by 223% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets7,033.674,913.963,250.922,278.96
Total Income3,052.044,291.592,571.11,656.19
Profit After Tax329.28481.54149.22177.16
Net Worth2,368.621,733.641,036.58617.59
Reserves and Surplus1,668.041,070.34428.563.77
Total Borrowing3,366.662,562.81,187.421,105.76
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)81.8487.54
Promoter Shareholding (Post-Issue)63.82
P/E Ratio16.4718.33
Market Cap₹354.59 Cr.₹121.08 Cr.
ROE29.74
ROCE35.1719.35%
Debt/Equity0.161.48
EPS₹5.04₹6.87
RoNW29.7427.78%

Shares Offered

In the Ganesh Infraworld IPO Retail Individual Investors (RII) are offered 37,44,000 shares while in Purple United Sales IPO retail investors are offered 37,44,000 shares. Qualified Institutional Buyers (QIB) are offered 21,37,600 shares in Ganesh Infraworld IPO and 4,95,000 shares in Purple United Sales IPO.

 Ganesh Infraworld IPOPurple United Sales IPO
Anchor Investor Reserveration32,03,200 shares7,41,000 shares
Market Maker Reserveration11,87,200 shares1,31,000 shares
QIB21,37,600 shares4,95,000 shares
NII16,04,800 shares3,71,000 shares
RII37,44,000 shares8,66,000 shares
Employee
Others
Total1,06,89,600 shares24,73,000 shares

Bids Received (Subscription)

Ganesh Infraworld IPO subscribed 369.56x in total, whereas Purple United Sales IPO subscribed 160.08x.

 Ganesh Infraworld IPOPurple United Sales IPO
QIB (times)163.52x86.30x
NII (times)865.82x269.70x
Big NII (times)
Small NII (times)
RII (times)274.48x155.29x
Employee (times)
Other (times)
Total (times)369.56x160.08x