Ganesh Infraworld IPO vs Rajesh Power IPO

Comparison between Ganesh Infraworld IPO and Rajesh Power IPO.

IPO Details

Ganesh Infraworld IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rajesh Power IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ganesh Infraworld IPO is up to ₹88.72 Cr whereas the issue size of the Rajesh Power IPO is up to ₹152.29 Cr. The final issue price of Ganesh Infraworld IPO is ₹83.00 per share and of Rajesh Power IPO is ₹335.00 per share.

 Ganesh Infraworld IPORajesh Power IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹78.00 per share₹319.00 per share
Issue Price (Upper)₹83.00 per share₹335.00 per share
Issue Price (Final)₹83.00 per share₹335.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares400 shares
Fresh Issue Size1,06,89,600 shares25,46,000 shares
Fresh Issue Size (Amount)up to ₹88.72 Crup to ₹85.29 Cr
OFS Issue Size0 shares20,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹67.00 Cr
Issue Size Total1,06,89,600 shares45,46,000 shares
Issue Size Total (Amount)up to ₹88.72 Crup to ₹152.29 Cr

IPO Timetable

Ganesh Infraworld IPO opens on Nov 29, 2024, while Rajesh Power IPO opens on Nov 25, 2024. The closing date of Ganesh Infraworld IPO and Rajesh Power IPO is Dec 03, 2024, and Nov 27, 2024, respectively.

 Ganesh Infraworld IPORajesh Power IPO
Anchor Bid DateNov 28, 2024Nov 22, 2024
Issue OpenNov 29, 2024Nov 25, 2024
Issue CloseDec 03, 2024Nov 27, 2024
Basis Of Allotment (Tentative)Dec 04, 2024Nov 28, 2024
Initiation of Refunds (Tentative)Dec 05, 2024Nov 29, 2024
Credit of Share (Tentative)Dec 05, 2024Nov 29, 2024
Listing date (Tentative)Dec 06, 2024Dec 02, 2024
Anchor Lockin End date 1Jan 03, 2025Dec 28, 2024
Anchor Lockin End date 2Mar 04, 2025Feb 26, 2025

Financials & KPIs

Ganesh Infraworld IPO P/E ratio is 16.47, as compared to Rajesh Power IPO P/E ratio of 19.59.

 Ganesh Infraworld IPORajesh Power IPO
Financials

Company Financials (Restated)

Period Ended31 Aug 202431 Mar 202431 Mar 202331 Mar 2022
Assets120.06177.2542.6725.30
Total Income212.33291.81135.0581.15
Profit After Tax15.3715.545.211.89
NET Worth66.1737.2015.158.19
Reserves and Surplus50.7526.22
Total Borrowing10.3330.727.093.05
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets338.22240.39198.23175.63
Total Income317.85295.06211.18149.37
Profit After Tax27.6826.026.753.45
NET Worth111.2284.3058.6652.29
Reserves and Surplus96.0069.0843.4437.07
Total Borrowing79.7377.6759.7162.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)81.84100
Promoter Shareholding (Post-Issue)59.0973.4
P/E Ratio16.4719.59
Market Cap₹354.59 Cr.₹603.25 Cr.
ROE29.7424.89
ROCE35.1725.61
Debt/Equity0.160.92
EPS₹5.04₹17.10
RoNW29.7425.47

Shares Offered

In the Ganesh Infraworld IPO Retail Individual Investors (RII) are offered 37,44,000 shares while in Rajesh Power IPO retail investors are offered 37,44,000 shares. Qualified Institutional Buyers (QIB) are offered 21,37,600 shares in Ganesh Infraworld IPO and 9,13,600 shares in Rajesh Power IPO.

 Ganesh Infraworld IPORajesh Power IPO
Anchor Investor Reservation32,03,200 shares13,36,400 shares
Market Maker Reservation11,87,200 shares2,44,000 shares
QIB21,37,600 shares9,13,600 shares
NII16,04,800 shares6,91,200 shares
RII37,44,000 shares16,04,800 shares
Employee
Others
Total1,06,89,600 shares45,46,000 shares

Bids Received (Subscription)

Ganesh Infraworld IPO subscribed 258.82x in total, whereas Rajesh Power IPO subscribed 41.66x.

 Ganesh Infraworld IPORajesh Power IPO
QIB (times)163.52x46.39x
NII (times)865.82x138.46x
Big NII (times)
Small NII (times)
RII (times)274.48x31.96x
Employee (times)
Other (times)
Total (times)258.82x41.66x

Compare with others

Compare: