Comparison between GSM Foils IPO and Rulka Electricals IPO.
GSM Foils IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rulka Electricals IPO is a SME Bookbuilding proposed to list at NSE SME.
| GSM Foils IPO | Rulka Electricals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of GSM Foils IPO is up to ₹10.44 Cr whereas the issue size of the Rulka Electricals IPO is up to ₹25.07 Cr. The final issue price of GSM Foils IPO is ₹32.00 per share and of Rulka Electricals IPO is ₹235.00 per share.
| GSM Foils IPO | Rulka Electricals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹223.00 per share | |
| Issue Price (Upper) | ₹235.00 per share | |
| Issue Price (Final) | ₹32.00 per share | ₹235.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 600 shares |
| Fresh Issue Size | 32,64,000 shares | 7,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.44 Cr | up to ₹18.47 Cr |
| OFS Issue Size | 0 shares | 2,80,800 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.60 Cr |
| Issue Size Total | 32,64,000 shares | 10,66,800 shares |
| Issue Size Total (Amount) | up to ₹10.44 Cr | up to ₹25.07 Cr |
GSM Foils IPO opens on May 24, 2024, while Rulka Electricals IPO opens on May 16, 2024. The closing date of GSM Foils IPO and Rulka Electricals IPO is May 28, 2024, and May 21, 2024, respectively.
| GSM Foils IPO | Rulka Electricals IPO | |
|---|---|---|
| Anchor Bid Date | May 15, 2024 | |
| Issue Open | May 24, 2024 | May 16, 2024 |
| Issue Close | May 28, 2024 | May 21, 2024 |
| Basis Of Allotment (Tentative) | May 29, 2024 | May 22, 2024 |
| Initiation of Refunds (Tentative) | May 30, 2024 | May 23, 2024 |
| Credit of Share (Tentative) | May 30, 2024 | May 23, 2024 |
| Listing date (Tentative) | May 31, 2024 | May 24, 2024 |
| Anchor Lockin End date 1 | Jun 21, 2024 | |
| Anchor Lockin End date 2 | Aug 20, 2024 |
GSM Foils IPO P/E ratio is 20.98, as compared to Rulka Electricals IPO P/E ratio of 28.62.
| GSM Foils IPO | Rulka Electricals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | GSM Foils Limited Financial Information (Restated)GSM Foils Limited's revenue decreased by -8.3% and profit after tax (PAT) rose by 124.62% between the financial year ending with March 31, 2023 and March 31, 2022.
| Rulka Electricals Limited Financial Information (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 86.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.14 | 69.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.98 | 28.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹41.00 Cr. | ₹100.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.62% | 61.25% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 1.60% | 33.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 11.13 | 2.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.53 | ₹8.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 98.27% | 43.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GSM Foils IPO Retail Individual Investors (RII) are offered 16,32,000 shares while in Rulka Electricals IPO retail investors are offered 16,32,000 shares. Qualified Institutional Buyers (QIB) are offered in GSM Foils IPO and 2,13,600 shares in Rulka Electricals IPO.
| GSM Foils IPO | Rulka Electricals IPO | |
|---|---|---|
| Anchor Investor Reserveration | 3,19,200 shares | |
| Market Maker Reserveration | 1,76,000 shares | 56,400 shares |
| QIB | 2,13,600 shares | |
| NII | 16,32,000 shares | 1,60,200 shares |
| RII | 16,32,000 shares | 3,73,800 shares |
| Employee | ||
| Others | ||
| Total | 32,64,000 shares | 10,66,800 shares |
GSM Foils IPO subscribed 257.30x in total, whereas Rulka Electricals IPO subscribed 676.83x.
| GSM Foils IPO | Rulka Electricals IPO | |
|---|---|---|
| QIB (times) | 204.22x | |
| NII (times) | 259.51x | 1,350.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 247.10x | 658.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 257.30x | 676.83x |
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