Comparison between GNA Axles IPO and HPL Electric IPO.
GNA Axles IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while HPL Electric IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of GNA Axles IPO is up to ₹130.41 Cr whereas the issue size of the HPL Electric IPO is up to ₹361.00 Cr. The final issue price of GNA Axles IPO is ₹207.00 per share and of HPL Electric IPO is ₹202.00 per share.
| GNA Axles IPO | HPL Electric IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹205.00 per share | ₹175.00 per share |
| Issue Price (Upper) | ₹207.00 per share | ₹202.00 per share |
| Issue Price (Final) | ₹207.00 per share | ₹202.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 70 shares | 70 shares |
| Fresh Issue Size | 63,00,000 shares | 1,78,71,287 shares |
| Fresh Issue Size (Amount) | up to ₹130.41 Cr | up to ₹361.00 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 | 63,00,000 shares | 1,78,71,287 shares |
| Issue Size Total (Amount) | up to ₹130.41 Cr | up to ₹361.00 Cr |
GNA Axles IPO opens on Sep 14, 2016, while HPL Electric IPO opens on Sep 22, 2016. The closing date of GNA Axles IPO and HPL Electric IPO is Sep 16, 2016, and Sep 26, 2016, respectively.
| GNA Axles IPO | HPL Electric IPO | |
|---|---|---|
| Anchor Bid Date | Sep 12, 2016 | Sep 21, 2016 |
| Issue Open | Sep 14, 2016 | Sep 22, 2016 |
| Issue Close | Sep 16, 2016 | Sep 26, 2016 |
| Basis Of Allotment (Tentative) | Sep 21, 2016 | Sep 29, 2016 |
| Initiation of Refunds (Tentative) | Sep 22, 2016 | Sep 30, 2016 |
| Credit of Share (Tentative) | Sep 23, 2016 | Oct 03, 2016 |
| Listing date (Tentative) | Sep 26, 2016 | Oct 04, 2016 |
| Anchor Lockin End date 1 | Oct 21, 2016 | Oct 29, 2016 |
| Anchor Lockin End date 2 | Dec 20, 2016 | Dec 28, 2016 |
GNA Axles IPO P/E ratio is , as compared to HPL Electric IPO P/E ratio of .
| GNA Axles IPO | HPL Electric IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹444.33 Cr. | ₹1298.87 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the GNA Axles IPO Retail Individual Investors (RII) are offered 21,35,000 shares while in HPL Electric IPO retail investors are offered 21,35,000 shares. Qualified Institutional Buyers (QIB) are offered 12,20,000 shares in GNA Axles IPO and 35,74,257 shares in HPL Electric IPO.
| GNA Axles IPO | HPL Electric IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,30,000 shares | 53,61,385 shares |
| Market Maker Reservation | ||
| QIB | 12,20,000 shares | 35,74,257 shares |
| NII | 9,15,000 shares | 26,80,694 shares |
| RII | 21,35,000 shares | 62,54,951 shares |
| Employee | 2,00,000 shares | |
| Others | ||
| Total | 63,00,000 shares | 1,78,71,287 shares |
GNA Axles IPO subscribed 54.87x in total, whereas HPL Electric IPO subscribed 8.06x.
| GNA Axles IPO | HPL Electric IPO | |
|---|---|---|
| QIB (times) | 17.18x | 5.77x |
| NII (times) | 217.47x | 22.20x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.84x | 3.31x |
| Employee (times) | 0.31x | |
| Other (times) | ||
| Total (times) | 54.87x | 8.06x |
