Comparison between GNG Electronics IPO and Indiqube Spaces IPO.
GNG Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Indiqube Spaces IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of GNG Electronics IPO is up to ₹460.43 Cr whereas the issue size of the Indiqube Spaces IPO is up to ₹700.00 Cr. The final issue price of GNG Electronics IPO is ₹237.00 per share and of Indiqube Spaces IPO is ₹237.00 per share.
| GNG Electronics IPO | Indiqube Spaces IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹225.00 per share | ₹225.00 per share |
| Issue Price (Upper) | ₹237.00 per share | ₹237.00 per share |
| Issue Price (Final) | ₹237.00 per share | ₹237.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹22.00 per share | |
| Market Lot Size | 63 shares | 63 shares |
| Fresh Issue Size | 1,68,77,637 shares | 2,74,32,636 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹650.01 Cr |
| OFS Issue Size | 25,50,000 shares | 21,09,704 shares |
| OFS Issue Size (Amount) | up to ₹60.44 Cr | up to ₹49.99 Cr |
| Issue Size Total | 1,94,27,637 shares | 2,95,42,340 shares |
| Issue Size Total (Amount) | up to ₹460.43 Cr | up to ₹700.00 Cr |
GNG Electronics IPO opens on Jul 23, 2025, while Indiqube Spaces IPO opens on Jul 23, 2025. The closing date of GNG Electronics IPO and Indiqube Spaces IPO is Jul 25, 2025, and Jul 25, 2025, respectively.
| GNG Electronics IPO | Indiqube Spaces IPO | |
|---|---|---|
| Anchor Bid Date | Jul 22, 2025 | Jul 22, 2025 |
| Issue Open | Jul 23, 2025 | Jul 23, 2025 |
| Issue Close | Jul 25, 2025 | Jul 25, 2025 |
| Basis Of Allotment (Tentative) | Jul 28, 2025 | Jul 28, 2025 |
| Initiation of Refunds (Tentative) | Jul 29, 2025 | Jul 29, 2025 |
| Credit of Share (Tentative) | Jul 29, 2025 | Jul 29, 2025 |
| Listing date (Tentative) | Jul 30, 2025 | Jul 30, 2025 |
| Anchor Lockin End date 1 | Aug 26, 2025 | Aug 26, 2025 |
| Anchor Lockin End date 2 | Oct 25, 2025 | Oct 25, 2025 |
GNG Electronics IPO P/E ratio is 33.35, as compared to Indiqube Spaces IPO P/E ratio of .
| GNG Electronics IPO | Indiqube Spaces IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)GNG Electronics Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Indiqube Spaces Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 95.01 | 70.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 78.71 | 60.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2702.07 Cr. | ₹4977.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.40% | -2.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.31% | 34.21% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.95 | -110.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.11 | ₹-7.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.40% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GNG Electronics IPO Retail Individual Investors (RII) are offered 67,99,673 shares while in Indiqube Spaces IPO retail investors are offered 67,99,673 shares. Qualified Institutional Buyers (QIB) are offered 38,85,528 shares in GNG Electronics IPO and 88,41,773 shares in Indiqube Spaces IPO.
| GNG Electronics IPO | Indiqube Spaces IPO | |
|---|---|---|
| Anchor Investor Reservation | 58,28,290 shares | 1,32,62,658 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 38,85,528 shares | 88,41,773 shares |
| NII | 29,14,146 shares | 44,20,885 shares |
| RII | 67,99,673 shares | 29,47,257 shares |
| Employee | 0 shares | 69,767 shares |
| Others | ||
| Total | 1,94,27,637 shares | 2,95,42,340 shares |
GNG Electronics IPO subscribed 150.21x in total, whereas Indiqube Spaces IPO subscribed 13.00x.
| GNG Electronics IPO | Indiqube Spaces IPO | |
|---|---|---|
| QIB (times) | 266.21x | 15.12x |
| NII (times) | 226.44x | 8.68x |
| Big NII (times) | 264.14x | 8.35x |
| Small NII (times) | 182.52x | 9.34x |
| RII (times) | 47.36x | 13.28x |
| Employee (times) | 6.95x | |
| Other (times) | ||
| Total (times) | 150.21x | 13.00x |
