Comparison between Gala Precision Engineering IPO and Kross IPO.
Gala Precision Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kross IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Gala Precision Engineering IPO is up to ₹167.93 Cr whereas the issue size of the Kross IPO is up to ₹500.00 Cr. The final issue price of Gala Precision Engineering IPO is ₹529.00 per share and of Kross IPO is ₹240.00 per share.
| Gala Precision Engineering IPO | Kross IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹503.00 per share | ₹228.00 per share |
| Issue Price (Upper) | ₹529.00 per share | ₹240.00 per share |
| Issue Price (Final) | ₹529.00 per share | ₹240.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 28 shares | 62 shares |
| Fresh Issue Size | 25,58,416 shares | 1,04,16,666 shares |
| Fresh Issue Size (Amount) | up to ₹135.34 Cr | up to ₹250.00 Cr |
| OFS Issue Size | 6,16,000 shares | 1,04,16,666 shares |
| OFS Issue Size (Amount) | up to ₹32.59 Cr | up to ₹250.00 Cr |
| Issue Size Total | 31,74,416 shares | 2,08,33,332 shares |
| Issue Size Total (Amount) | up to ₹167.93 Cr | up to ₹500.00 Cr |
Gala Precision Engineering IPO opens on Sep 02, 2024, while Kross IPO opens on Sep 09, 2024. The closing date of Gala Precision Engineering IPO and Kross IPO is Sep 04, 2024, and Sep 11, 2024, respectively.
| Gala Precision Engineering IPO | Kross IPO | |
|---|---|---|
| Anchor Bid Date | Aug 30, 2024 | Sep 06, 2024 |
| Issue Open | Sep 02, 2024 | Sep 09, 2024 |
| Issue Close | Sep 04, 2024 | Sep 11, 2024 |
| Basis Of Allotment (Tentative) | Sep 05, 2024 | Sep 12, 2024 |
| Initiation of Refunds (Tentative) | Sep 06, 2024 | Sep 13, 2024 |
| Credit of Share (Tentative) | Sep 06, 2024 | Sep 13, 2024 |
| Listing date (Tentative) | Sep 09, 2024 | Sep 16, 2024 |
| Anchor Lockin End date 1 | Oct 04, 2024 | Oct 11, 2024 |
| Anchor Lockin End date 2 | Dec 03, 2024 | Dec 10, 2024 |
Gala Precision Engineering IPO P/E ratio is 23.95, as compared to Kross IPO P/E ratio of 28.93.
| Gala Precision Engineering IPO | Kross IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.56 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.4 | 67.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.95 | 28.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹670.24 Cr. | ₹1548.23 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.59% | 30.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.91% | 28.15% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.53 | 0.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹22.09 | ₹8.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.38% | 30.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gala Precision Engineering IPO Retail Individual Investors (RII) are offered 11,09,017 shares while in Kross IPO retail investors are offered 11,09,017 shares. Qualified Institutional Buyers (QIB) are offered 6,33,724 shares in Gala Precision Engineering IPO and 41,66,666 shares in Kross IPO.
| Gala Precision Engineering IPO | Kross IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,50,586 shares | 62,49,999 shares |
| Market Maker Reservation | ||
| QIB | 6,33,724 shares | 41,66,666 shares |
| NII | 4,75,293 shares | 31,25,000 shares |
| RII | 11,09,017 shares | 72,91,667 shares |
| Employee | 5,796 shares | |
| Others | ||
| Total | 31,74,416 shares | 2,08,33,332 shares |
Gala Precision Engineering IPO subscribed 201.41x in total, whereas Kross IPO subscribed 17.66x.
| Gala Precision Engineering IPO | Kross IPO | |
|---|---|---|
| QIB (times) | 232.54x | 24.55x |
| NII (times) | 414.62x | 23.40x |
| Big NII (times) | 439.67x | 23.21x |
| Small NII (times) | 364.54x | 23.77x |
| RII (times) | 91.95x | 11.26x |
| Employee (times) | 258.95x | |
| Other (times) | ||
| Total (times) | 201.41x | 17.66x |
