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Ambani Organics IPO vs Ganga Forging IPO

Comparison between Ambani Organics IPO and Ganga Forging IPO.

IPO Details

Ambani Organics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ganga Forging IPO is a SME Fixed Price proposed to list at NSE SME.

 Ambani Organics IPOGanga Forging IPO
LogoAmbani Organics IPO LogoGanga Forging IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarUniversal Capital Securities Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ambani Organics IPO is up to ₹8.55 Cr whereas the issue size of the Ganga Forging IPO is up to ₹4.74 Cr. The final issue price of Ambani Organics IPO is ₹66.00 per share and of Ganga Forging IPO is ₹21.00 per share.

 Ambani Organics IPOGanga Forging IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹66.00 per share₹21.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares6000 shares
Fresh Issue Size11,96,000 shares22,56,000 shares
Fresh Issue Size (Amount)up to ₹7.89 Crup to ₹4.74 Cr
OFS Issue Size1,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹0.66 Crup to ₹0.00 Cr
Issue Size Total12,96,000 shares22,56,000 shares
Issue Size Total (Amount)up to ₹8.55 Crup to ₹4.74 Cr

IPO Timetable

Ambani Organics IPO opens on Jul 06, 2018, while Ganga Forging IPO opens on Jun 29, 2018. The closing date of Ambani Organics IPO and Ganga Forging IPO is Jul 10, 2018, and Jul 03, 2018, respectively.

 Ambani Organics IPOGanga Forging IPO
Issue OpenJul 06, 2018Jun 29, 2018
Issue CloseJul 10, 2018Jul 03, 2018
Basis Of Allotment (Tentative)Jul 13, 2018Jul 06, 2018
Initiation of Refunds (Tentative)Jul 09, 2018
Credit of Share (Tentative)Jul 10, 2018
Listing date (Tentative)Jul 18, 2018Jul 11, 2018

Financials & KPIs

Ambani Organics IPO P/E ratio is , as compared to Ganga Forging IPO P/E ratio of .

 Ambani Organics IPOGanga Forging IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets47.7838.3130.04
Total Income65.5852.9032.91
Profit After Tax1.820.83-0.39
NET Worth5.974.143.34
Reserves and Surplus2.160.33-0.47
Total Borrowing15.3411.8812.34
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets23.1815.1413.4512.03
Total Income18.1817.7917.6915.57
Profit After Tax0.390.480.250.47
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.18%96.58%
Promoter Shareholding (Post-Issue)72.45%67.63%
Market Cap₹33.52 Cr.₹16.69 Cr.

Shares Offered

In the Ambani Organics IPO Retail Individual Investors (RII) are offered 6,48,000 shares while in Ganga Forging IPO retail investors are offered 6,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ambani Organics IPO and 0 shares in Ganga Forging IPO.

 Ambani Organics IPOGanga Forging IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation72,000 shares1,26,000 shares
QIB0 shares0 shares
NII6,48,000 shares11,28,000 shares
RII6,48,000 shares11,28,000 shares
Employee0 shares0 shares
Total12,96,000 shares22,56,000 shares

Bids Received (Subscription)

Ambani Organics IPO subscribed 1.44x in total, whereas Ganga Forging IPO subscribed 1.88x.

 Ambani Organics IPOGanga Forging IPO
NII (times)1.91x0.84x
RII (times)0.97x2.80x
Total (times)1.44x1.88x

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Ambani Organics IPOGanga Forging IPO
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Compare:

Ambani Organics IPO Vs Ganga Forging IPO