Gitanjali Gems IPO vs Indo-Tech Transformers IPO

Comparison between Gitanjali Gems IPO and Indo-Tech Transformers IPO.

IPO Details

Gitanjali Gems IPO is a Mainboard Fixed Price IPO proposed to list at BSE, NSE while Indo-Tech Transformers IPO is a Mainboard Fixed Price proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Gitanjali Gems IPO is up to ₹331.50 Cr whereas the issue size of the Indo-Tech Transformers IPO is up to ₹51.29 Cr. The final issue price of Gitanjali Gems IPO is ₹195.00 per share and of Indo-Tech Transformers IPO is ₹130.00 per share.

 Gitanjali Gems IPOIndo-Tech Transformers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹170.00 per share
Issue Price (Upper)₹195.00 per share
Issue Price (Final)₹195.00 per share₹130.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size1,70,00,000 shares29,56,750 shares
Fresh Issue Size (Amount)up to ₹331.50 Crup to ₹38.44 Cr
OFS Issue Size0 shares9,88,380 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹12.85 Cr
Issue Size Total1,70,00,000 shares39,45,130 shares
Issue Size Total (Amount)up to ₹331.50 Crup to ₹51.29 Cr

IPO Timetable

Gitanjali Gems IPO opens on Feb 16, 2006, while Indo-Tech Transformers IPO opens on Feb 10, 2006. The closing date of Gitanjali Gems IPO and Indo-Tech Transformers IPO is Feb 21, 2006, and Feb 16, 2006, respectively.

Financials & KPIs

Gitanjali Gems IPO P/E ratio is 92.49, as compared to Indo-Tech Transformers IPO P/E ratio of 12.5.

 Gitanjali Gems IPOIndo-Tech Transformers IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 200531 Mar 200531 Mar 200431 Mar 2003
Assets1,574.46756.98686.69669.55
Total Income1,152.231,358.531,215.131,145.47
Profit After Tax25.918.8611.7218.63
EBITDA50.2627.6830.7647.95
NET Worth346.04224.51214.30199.41
Reserves and Surplus248.20190.70181.88168.13
Total Borrowing625.65313.81300.01278.30
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 200531 Mar 200531 Mar 200401 Feb 2003
Assets53.8252.4035.9937.23
Total Income49.9381.7863.6242.86
Profit After Tax4.957.973.81-0.12
EBITDA7.9012.306.844.16
NET Worth28.8823.9316.6013.17
Reserves and Surplus26.0621.1113.7810.36
Total Borrowing2.142.122.579.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.2480.5
Promoter Shareholding (Post-Issue)67.854.35
P/E Ratio92.4912.5
Market Cap₹1150.47 Cr.₹138.06 Cr.
ROE
ROCE
Debt/Equity
EPS₹2.11₹10.40
RoNW4.5533.3

Shares Offered

In the Gitanjali Gems IPO Retail Individual Investors (RII) are offered 58,97,500 shares while in Indo-Tech Transformers IPO retail investors are offered 58,97,500 shares. Qualified Institutional Buyers (QIB) are offered 84,25,000 shares in Gitanjali Gems IPO and 0 shares in Indo-Tech Transformers IPO.

 Gitanjali Gems IPOIndo-Tech Transformers IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares0 shares
QIB84,25,000 shares0 shares
NII25,27,500 shares19,47,565 shares
RII58,97,500 shares19,47,565 shares
Employee1,50,000 shares50,000 shares
Others
Total1,70,00,000 shares39,45,130 shares

Bids Received (Subscription)

Gitanjali Gems IPO subscribed in total, whereas Indo-Tech Transformers IPO subscribed .

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