Comparison between Ganga Bath Fittings IPO and Jainik Power IPO.
Ganga Bath Fittings IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Jainik Power IPO is a SME Bookbuilding proposed to list at NSE SME.
| Ganga Bath Fittings IPO | Jainik Power IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Jawa Capital Services Pvt.Ltd. | Novus Capital Advisors Private Limited |
| Registrar | Kfin Technologies Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ganga Bath Fittings IPO is up to ₹31.00 Cr whereas the issue size of the Jainik Power IPO is up to ₹48.72 Cr. The final issue price of Ganga Bath Fittings IPO is ₹49.00 per share and of Jainik Power IPO is ₹110.00 per share.
| Ganga Bath Fittings IPO | Jainik Power IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹46.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹49.00 per share | ₹110.00 per share |
| Issue Price (Final) | ₹49.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 63,27,000 shares | 44,29,200 shares |
| Fresh Issue Size (Amount) | up to ₹31.00 Cr | up to ₹48.72 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 | 63,27,000 shares | 44,29,200 shares |
| Issue Size Total (Amount) | up to ₹31.00 Cr | up to ₹48.72 Cr |
Ganga Bath Fittings IPO opens on Jun 04, 2025, while Jainik Power IPO opens on Jun 10, 2025. The closing date of Ganga Bath Fittings IPO and Jainik Power IPO is Jun 06, 2025, and Jun 12, 2025, respectively.
| Ganga Bath Fittings IPO | Jainik Power IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 04, 2025 | Jun 10, 2025 |
| Issue Close | Jun 06, 2025 | Jun 12, 2025 |
| Basis Of Allotment (Tentative) | Jun 09, 2025 | Jun 13, 2025 |
| Initiation of Refunds (Tentative) | Jun 10, 2025 | Jun 16, 2025 |
| Credit of Share (Tentative) | Jun 10, 2025 | Jun 16, 2025 |
| Listing date (Tentative) | Jun 11, 2025 | Jun 17, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ganga Bath Fittings IPO P/E ratio is 30.74, as compared to Jainik Power IPO P/E ratio of 11.53.
| Ganga Bath Fittings IPO | Jainik Power IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Proforma Consolidated)
| Company Financials (Restated Standalone)Jainik Power Cables Ltd.'s revenue increased by 4% and profit after tax (PAT) rose by 84% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.81 | 99.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.16 | 67.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 30.74 | 11.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹108.82 Cr. | ₹157.82 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 15.07 | 56.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.80 | 55.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.87 | 0.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.59 | ₹9.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.07 | 56.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ganga Bath Fittings IPO Retail Individual Investors (RII) are offered 31,29,000 shares while in Jainik Power IPO retail investors are offered 31,29,000 shares. Qualified Institutional Buyers (QIB) are offered 69,000 shares in Ganga Bath Fittings IPO and 4,45,200 shares in Jainik Power IPO.
| Ganga Bath Fittings IPO | Jainik Power IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,36,000 shares | 2,34,000 shares |
| QIB | 69,000 shares | 4,45,200 shares |
| NII | 31,29,000 shares | 19,92,000 shares |
| RII | 31,29,000 shares | 19,92,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 63,27,000 shares | 44,29,200 shares |
Ganga Bath Fittings IPO subscribed 1.64x in total, whereas Jainik Power IPO subscribed 1.54x.
| Ganga Bath Fittings IPO | Jainik Power IPO | |
|---|---|---|
| QIB (times) | 2.22x | 1.01x |
| NII (times) | 0.73x | 1.13x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.55x | 2.08x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.64x | 1.54x |
