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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
Final ProspectusFinal Prospectus Final Prospectus
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 (Final)₹21.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
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
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

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

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

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets60.7058.4459.5450.44
Total Income53.7677.0377.2389.17
Profit After Tax2.115.106.686.41
EBITDA4.129.0210.6210.74
NET Worth21.8619.9716.5812.11
Reserves and Surplus18.8917.0013.619.15
Total Borrowing21.3321.7817.1814.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.58%92.15%
Promoter Shareholding (Post-Issue)67.63%67.39%
Market Cap₹16.69 Cr.₹73.15 Cr.

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 0 shares in Ganga Forging IPO and 0 shares in Jakharia Fabric IPO.

 Ganga Forging IPOJakharia Fabric IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,26,000 shares60,000 shares
QIB0 shares0 shares
NII11,28,000 shares5,16,000 shares
RII11,28,000 shares5,16,000 shares
Employee0 shares0 shares
Total22,56,000 shares10,32,000 shares

Bids Received (Subscription)

Ganga Forging IPO subscribed 1.88x in total, whereas Jakharia Fabric IPO subscribed 1.22x.

 Ganga Forging IPOJakharia Fabric IPO
NII (times)0.84x1.72x
RII (times)2.80x0.60x
Total (times)1.88x1.22x

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Compare:

Ganga Forging IPO Vs Jakharia Fabric IPO