Comparison between Ganga Forging IPO and Powerful Technologies IPO.
Ganga Forging IPO is a SME Fixed Price IPO proposed to list at NSE SME while Powerful Technologies IPO is a SME Fixed Price proposed to list at NSE SME.
| Ganga Forging IPO | Powerful Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Finshore Management Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Share India 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 Forging IPO is up to ₹4.74 Cr whereas the issue size of the Powerful Technologies IPO is up to ₹12.86 Cr. The final issue price of Ganga Forging IPO is ₹21.00 per share and of Powerful Technologies IPO is ₹51.00 per share.
| Ganga Forging IPO | Powerful Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹21.00 per share | ₹51.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 22,56,000 shares | 25,22,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.74 Cr | up to ₹12.86 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 | 22,56,000 shares | 25,22,000 shares |
| Issue Size Total (Amount) | up to ₹4.74 Cr | up to ₹12.86 Cr |
Ganga Forging IPO opens on Jun 29, 2018, while Powerful Technologies IPO opens on Aug 09, 2018. The closing date of Ganga Forging IPO and Powerful Technologies IPO is Jul 03, 2018, and Aug 17, 2018, respectively.
| Ganga Forging IPO | Powerful Technologies IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 29, 2018 | Aug 09, 2018 |
| Issue Close | Jul 03, 2018 | Aug 17, 2018 |
| Basis Of Allotment (Tentative) | Jul 06, 2018 | |
| Initiation of Refunds (Tentative) | Jul 09, 2018 | |
| Credit of Share (Tentative) | Jul 10, 2018 | |
| Listing date (Tentative) | Jul 11, 2018 | Aug 28, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ganga Forging IPO P/E ratio is , as compared to Powerful Technologies IPO P/E ratio of .
| Ganga Forging IPO | Powerful Technologies IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹16.69 Cr. | ₹51.11 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Ganga Forging IPO Retail Individual Investors (RII) are offered 11,28,000 shares while in Powerful Technologies IPO retail investors are offered 11,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Ganga Forging IPO and in Powerful Technologies IPO.
| Ganga Forging IPO | Powerful Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,26,000 shares | 1,34,000 shares |
| QIB | ||
| NII | 11,28,000 shares | 12,60,000 shares |
| RII | 11,28,000 shares | 12,62,000 shares |
| Employee | ||
| Others | ||
| Total | 22,56,000 shares | 25,22,000 shares |
Ganga Forging IPO subscribed 1.88x in total, whereas Powerful Technologies IPO subscribed 1.30x.
| Ganga Forging IPO | Powerful Technologies IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.84x | 1.52x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.80x | 1.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.88x | 1.30x |
