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Ganga Forging IPO vs Jakharia Fabric IPO

Comparison between Ganga Forging IPO and Jakharia Fabric IPO.

IPO Details

Ganga Forging IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jakharia Fabric IPO is a SME Fixed Price proposed to list at NSE SME.

 Ganga Forging IPOJakharia Fabric IPO
LogoGanga Forging IPO LogoJakharia Fabric IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ganga Forging IPO is up to ₹4.74 Cr whereas the issue size of the Jakharia Fabric IPO is up to ₹18.58 Cr. The final issue price of Ganga Forging IPO is ₹21.00 per share and of Jakharia Fabric IPO is ₹180.00 per share.

 Ganga Forging IPOJakharia Fabric IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹21.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares800 shares
Fresh Issue Size22,56,000 shares10,32,000 shares
Fresh Issue Size (Amount)up to ₹4.74 Crup to ₹18.58 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,56,000 shares10,32,000 shares
Issue Size Total (Amount)up to ₹4.74 Crup to ₹18.58 Cr

IPO Timetable

Ganga Forging IPO opens on Jun 29, 2018, while Jakharia Fabric IPO opens on Jun 29, 2018. The closing date of Ganga Forging IPO and Jakharia Fabric IPO is Jul 03, 2018, and Jul 03, 2018, respectively.

 Ganga Forging IPOJakharia Fabric IPO
Anchor Bid Date
Issue OpenJun 29, 2018Jun 29, 2018
Issue CloseJul 03, 2018Jul 03, 2018
Basis Of Allotment (Tentative)Jul 06, 2018Jul 06, 2018
Initiation of Refunds (Tentative)Jul 09, 2018Jul 09, 2018
Credit of Share (Tentative)Jul 10, 2018Jul 10, 2018
Listing date (Tentative)Jul 11, 2018Jul 11, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ganga Forging IPO P/E ratio is , as compared to Jakharia Fabric IPO P/E ratio of .

 Ganga Forging IPOJakharia Fabric IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 1,514.46 1,345.33 1,202.73 1,708.34 858.33
Total Revenue 1,779.17 1,769.45 1,557.19 1,695.99 1,556.93
Profit After Tax 48.49 25.26 46.58 60.74 32.12
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 5,843.80 5,954.17 5,044.23 4,468.05 3,884.99
Total Revenue 7,702.84 7,723.49 8,917.25 7,582.72 4,787.43
Profit After Tax 338.82 446.17 432.86 356.66 80.94
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Ganga Forging IPO Retail Individual Investors (RII) are offered 11,28,000 shares while in Jakharia Fabric IPO retail investors are offered 11,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Ganga Forging IPO and in Jakharia Fabric IPO.

 Ganga Forging IPOJakharia Fabric IPO
Anchor Investor Reserveration
Market Maker Reserveration1,26,000 shares60,000 shares
QIB
NII11,28,000 shares5,16,000 shares
RII11,28,000 shares5,16,000 shares
Employee
Others
Total22,56,000 shares10,32,000 shares

Bids Received (Subscription)

Ganga Forging IPO subscribed 1.78x in total, whereas Jakharia Fabric IPO subscribed 1.21x.

 Ganga Forging IPOJakharia Fabric IPO
QIB (times)
NII (times)0.84x1.82x
Big NII (times)
Small NII (times)
RII (times)2.80x0.60x
Employee (times)
Other (times)1.00x1.00x
Total (times)1.78x1.21x