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Ganga Forging IPO vs Raw Edge Industrial IPO

Comparison between Ganga Forging IPO and Raw Edge Industrial IPO.

IPO Details

Ganga Forging IPO is a SME Fixed Price IPO proposed to list at NSE SME while Raw Edge Industrial IPO is a SME Fixed Price proposed to list at BSE SME.

 Ganga Forging IPORaw Edge Industrial IPO
LogoGanga Forging IPO LogoRaw Edge Industrial IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Oneview Corporate Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Guiness Securities 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 Raw Edge Industrial IPO is up to ₹15.67 Cr. The final issue price of Ganga Forging IPO is ₹21.00 per share and of Raw Edge Industrial IPO is ₹72.00 per share.

 Ganga Forging IPORaw Edge Industrial IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹21.00 per share₹72.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares1600 shares
Fresh Issue Size22,56,000 shares15,66,000 shares
Fresh Issue Size (Amount)up to ₹4.74 Crup to ₹11.28 Cr
OFS Issue Size0 shares6,10,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.39 Cr
Issue Size Total22,56,000 shares21,76,000 shares
Issue Size Total (Amount)up to ₹4.74 Crup to ₹15.67 Cr

IPO Timetable

Ganga Forging IPO opens on Jun 29, 2018, while Raw Edge Industrial IPO opens on Jul 05, 2018. The closing date of Ganga Forging IPO and Raw Edge Industrial IPO is Jul 03, 2018, and Jul 10, 2018, respectively.

 Ganga Forging IPORaw Edge Industrial IPO
Anchor Bid Date
Issue OpenJun 29, 2018Jul 05, 2018
Issue CloseJul 03, 2018Jul 10, 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, 2018Jul 18, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ganga Forging IPO P/E ratio is , as compared to Raw Edge Industrial IPO P/E ratio of .

 Ganga Forging IPORaw Edge Industrial 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-Jan-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 2,912.26 2,718.57 2,305.11 1,488.56 1,377.22 774.00
Total Revenue 4,498.74 4,860.73 4,133.55 3,826.82 3,349.57 6,662.21
Profit After Tax 133.40 61.63 58.05 44.71 70.41 81.50
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 Raw Edge Industrial IPO retail investors are offered 11,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Ganga Forging IPO and in Raw Edge Industrial IPO.

 Ganga Forging IPORaw Edge Industrial IPO
Anchor Investor Reserveration
Market Maker Reserveration1,26,000 shares1,15,200 shares
QIB
NII11,28,000 shares10,88,000 shares
RII11,28,000 shares10,88,000 shares
Employee
Others
Total22,56,000 shares21,76,000 shares

Bids Received (Subscription)

Ganga Forging IPO subscribed 1.78x in total, whereas Raw Edge Industrial IPO subscribed 1.10x.

 Ganga Forging IPORaw Edge Industrial IPO
QIB (times)
NII (times)0.84x1.41x
Big NII (times)
Small NII (times)
RII (times)2.80x0.78x
Employee (times)
Other (times)1.00x
Total (times)1.78x1.10x