Comparison between Ganga Forging IPO and Jakharia Fabric IPO.
IPO Details
Ganga Forging IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jakharia Fabric IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Ganga Forging IPO is up to ₹4.74 Cr whereas the issue size of the Jakharia Fabric IPO is up to ₹18.58 Cr. The final issue price of Ganga Forging IPO is ₹21.00 per share and of Jakharia Fabric IPO is ₹180.00 per share.
IPO Timetable
Ganga Forging IPO opens on Jun 29, 2018, while Jakharia Fabric IPO opens on Jun 29, 2018. The closing date of Ganga Forging IPO and Jakharia Fabric IPO is Jul 03, 2018, and Jul 03, 2018, respectively.
| | Ganga Forging IPO | Jakharia Fabric IPO |
|---|
| Issue Open | Jun 29, 2018 | Jun 29, 2018 |
| Issue Close | Jul 03, 2018 | Jul 03, 2018 |
| Basis Of Allotment (Tentative) | Jul 06, 2018 | Jul 06, 2018 |
| Initiation of Refunds (Tentative) | Jul 09, 2018 | Jul 09, 2018 |
| Credit of Share (Tentative) | Jul 10, 2018 | Jul 10, 2018 |
| Listing date (Tentative) | Jul 11, 2018 | Jul 11, 2018 |
Financials & KPIs
Ganga Forging IPO P/E ratio is , as compared to Jakharia Fabric IPO P/E ratio of .
Shares Offered
In the Ganga Forging IPO Retail Individual Investors (RII) are offered 11,28,000 shares while in Jakharia Fabric IPO retail investors are offered 11,28,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ganga Forging IPO and 0 shares in Jakharia Fabric IPO.
| | Ganga Forging IPO | Jakharia Fabric IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,26,000 shares | 60,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 11,28,000 shares | 5,16,000 shares |
| RII | 11,28,000 shares | 5,16,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 22,56,000 shares | 10,32,000 shares |
Bids Received (Subscription)
Ganga Forging IPO subscribed 1.88x in total, whereas Jakharia Fabric IPO subscribed 1.22x.
