Comparison between GNG Electronics IPO and Innovision IPO.
GNG Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Innovision 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 Innovision IPO is up to ₹319.25 Cr. The final issue price of GNG Electronics IPO is ₹237.00 per share and of Innovision IPO is ₹519.00 per share.
| GNG Electronics IPO | Innovision IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹225.00 per share | ₹494.00 per share |
| Issue Price (Upper) | ₹237.00 per share | ₹519.00 per share |
| Issue Price (Final) | ₹237.00 per share | ₹519.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 63 shares | 27 shares |
| Fresh Issue Size | 1,68,77,637 shares | 49,13,294 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹255.00 Cr |
| OFS Issue Size | 25,50,000 shares | 12,38,000 shares |
| OFS Issue Size (Amount) | up to ₹60.44 Cr | up to ₹64.25 Cr |
| Issue Size Total | 1,94,27,637 shares | 61,51,294 shares |
| Issue Size Total (Amount) | up to ₹460.43 Cr | up to ₹319.25 Cr |
GNG Electronics IPO opens on Jul 23, 2025, while Innovision IPO opens on Mar 10, 2026. The closing date of GNG Electronics IPO and Innovision IPO is Jul 25, 2025, and Mar 17, 2026, respectively.
| GNG Electronics IPO | Innovision IPO | |
|---|---|---|
| Anchor Bid Date | Jul 22, 2025 | |
| Issue Open | Jul 23, 2025 | Mar 10, 2026 |
| Issue Close | Jul 25, 2025 | Mar 17, 2026 |
| Basis Of Allotment (Tentative) | Jul 28, 2025 | Mar 18, 2026 |
| Initiation of Refunds (Tentative) | Jul 29, 2025 | Mar 20, 2026 |
| Credit of Share (Tentative) | Jul 29, 2025 | Mar 20, 2026 |
| Listing date (Tentative) | Jul 30, 2025 | Mar 23, 2026 |
| Anchor Lockin End date 1 | Aug 26, 2025 | |
| Anchor Lockin End date 2 | Oct 25, 2025 |
GNG Electronics IPO P/E ratio is 33.35, as compared to Innovision IPO P/E ratio of 33.8.
| GNG Electronics IPO | Innovision IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.01 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 78.71 | 74.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.35 | 33.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2702.07 Cr. | ₹1235.91 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.40% | 35.45% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.31% | 40.77% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.95 | 0.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.11 | ₹15.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.40% | 35.45% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GNG Electronics IPO Retail Individual Investors (RII) are offered 67,99,673 shares while in Innovision IPO retail investors are offered 67,99,673 shares. Qualified Institutional Buyers (QIB) are offered 38,85,528 shares in GNG Electronics IPO and 61,512 shares in Innovision IPO.
| GNG Electronics IPO | Innovision IPO | |
|---|---|---|
| Anchor Investor Reservation | 58,28,290 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 38,85,528 shares | 61,512 shares |
| NII | 29,14,146 shares | 20,91,440 shares |
| RII | 67,99,673 shares | 39,98,342 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 1,94,27,637 shares | 61,51,294 shares |
GNG Electronics IPO subscribed 150.21x in total, whereas Innovision IPO subscribed 3.46x.
| GNG Electronics IPO | Innovision IPO | |
|---|---|---|
| QIB (times) | 266.21x | 14.30x |
| NII (times) | 226.44x | 8.60x |
| Big NII (times) | 264.14x | 10.29x |
| Small NII (times) | 182.52x | 5.22x |
| RII (times) | 47.36x | 0.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 150.21x | 3.46x |
