Comparison between Gitanjali Gems IPO and Mahindra & Mahindra Financial Services IPO.
Gitanjali Gems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Mahindra & Mahindra Financial Services IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Gitanjali Gems IPO is up to ₹331.50 Cr whereas the issue size of the Mahindra & Mahindra Financial Services IPO is up to ₹400.00 Cr. The final issue price of Gitanjali Gems IPO is ₹195.00 per share and of Mahindra & Mahindra Financial Services IPO is ₹200.00 per share.
| Gitanjali Gems IPO | Mahindra & Mahindra Financial Services IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹170.00 per share | ₹170.00 per share |
| Issue Price (Upper) | ₹195.00 per share | ₹200.00 per share |
| Issue Price (Final) | ₹195.00 per share | ₹200.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 1,70,00,000 shares | 1,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹331.50 Cr | up to ₹200.00 Cr |
| OFS Issue Size | 0 shares | 1,00,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹200.00 Cr |
| Issue Size Total | 1,70,00,000 shares | 2,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹331.50 Cr | up to ₹400.00 Cr |
Gitanjali Gems IPO opens on Feb 16, 2006, while Mahindra & Mahindra Financial Services IPO opens on Feb 21, 2006. The closing date of Gitanjali Gems IPO and Mahindra & Mahindra Financial Services IPO is Feb 21, 2006, and Feb 24, 2006, respectively.
| Gitanjali Gems IPO | Mahindra & Mahindra Financial Services IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 16, 2006 | Feb 21, 2006 |
| Issue Close | Feb 21, 2006 | Feb 24, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 10, 2006 | Mar 17, 2006 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gitanjali Gems IPO P/E ratio is 92.49, as compared to Mahindra & Mahindra Financial Services IPO P/E ratio of 18.48.
| Gitanjali Gems IPO | Mahindra & Mahindra Financial Services IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.24 | 89.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.8 | 67.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 92.49 | 18.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1150.47 Cr. | ₹1720.01 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.11 | ₹10.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 4.55 | 22.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gitanjali Gems IPO Retail Individual Investors (RII) are offered 58,97,500 shares while in Mahindra & Mahindra Financial Services IPO retail investors are offered 58,97,500 shares. Qualified Institutional Buyers (QIB) are offered 84,25,000 shares in Gitanjali Gems IPO and 1,20,00,000 shares in Mahindra & Mahindra Financial Services IPO.
| Gitanjali Gems IPO | Mahindra & Mahindra Financial Services IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 84,25,000 shares | 1,20,00,000 shares |
| NII | 25,27,500 shares | 20,00,000 shares |
| RII | 58,97,500 shares | 60,00,000 shares |
| Employee | 1,50,000 shares | 0 shares |
| Others | ||
| Total | 1,70,00,000 shares | 2,00,00,000 shares |
Gitanjali Gems IPO subscribed in total, whereas Mahindra & Mahindra Financial Services IPO subscribed .
