Comparison between GNG Electronics IPO and M&B Engineering IPO.
GNG Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while M&B Engineering 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 M&B Engineering IPO is up to ₹650.00 Cr. The final issue price of GNG Electronics IPO is ₹237.00 per share and of M&B Engineering IPO is ₹385.00 per share.
| GNG Electronics IPO | M&B Engineering IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹225.00 per share | ₹366.00 per share |
| Issue Price (Upper) | ₹237.00 per share | ₹385.00 per share |
| Issue Price (Final) | ₹237.00 per share | ₹385.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹36.00 per share | |
| Market Lot Size | 63 shares | 38 shares |
| Fresh Issue Size | 1,68,77,637 shares | 71,48,215 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹275.12 Cr |
| OFS Issue Size | 25,50,000 shares | 97,40,259 shares |
| OFS Issue Size (Amount) | up to ₹60.44 Cr | up to ₹374.88 Cr |
| Issue Size Total | 1,94,27,637 shares | 1,68,88,474 shares |
| Issue Size Total (Amount) | up to ₹460.43 Cr | up to ₹650.00 Cr |
GNG Electronics IPO opens on Jul 23, 2025, while M&B Engineering IPO opens on Jul 30, 2025. The closing date of GNG Electronics IPO and M&B Engineering IPO is Jul 25, 2025, and Aug 01, 2025, respectively.
| GNG Electronics IPO | M&B Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Jul 22, 2025 | Jul 29, 2025 |
| Issue Open | Jul 23, 2025 | Jul 30, 2025 |
| Issue Close | Jul 25, 2025 | Aug 01, 2025 |
| Basis Of Allotment (Tentative) | Jul 28, 2025 | Aug 04, 2025 |
| Initiation of Refunds (Tentative) | Jul 29, 2025 | Aug 05, 2025 |
| Credit of Share (Tentative) | Jul 29, 2025 | Aug 05, 2025 |
| Listing date (Tentative) | Jul 30, 2025 | Aug 06, 2025 |
| Anchor Lockin End date 1 | Aug 26, 2025 | Sep 02, 2025 |
| Anchor Lockin End date 2 | Oct 25, 2025 | Nov 01, 2025 |
GNG Electronics IPO P/E ratio is 33.35, as compared to M&B Engineering IPO P/E ratio of 24.98.
| GNG Electronics IPO | M&B Engineering 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 Consolidated)M&B Engineering Ltd.'s revenue increased by 23% and profit after tax (PAT) rose by 69% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 95.01 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 78.71 | 70.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.35 | 24.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2702.07 Cr. | ₹2200.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.40% | 25.13% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.31% | 24.80% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.95 | 0.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.11 | ₹15.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.40% | 25.14% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GNG Electronics IPO Retail Individual Investors (RII) are offered 67,99,673 shares while in M&B Engineering IPO retail investors are offered 67,99,673 shares. Qualified Institutional Buyers (QIB) are offered 38,85,528 shares in GNG Electronics IPO and 50,49,351 shares in M&B Engineering IPO.
| GNG Electronics IPO | M&B Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 58,28,290 shares | 75,74,026 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 38,85,528 shares | 50,49,351 shares |
| NII | 29,14,146 shares | 25,24,675 shares |
| RII | 67,99,673 shares | 16,83,116 shares |
| Employee | 0 shares | 57,306 shares |
| Others | ||
| Total | 1,94,27,637 shares | 1,68,88,474 shares |
GNG Electronics IPO subscribed 150.21x in total, whereas M&B Engineering IPO subscribed 38.11x.
| GNG Electronics IPO | M&B Engineering IPO | |
|---|---|---|
| QIB (times) | 266.21x | 38.63x |
| NII (times) | 226.44x | 40.22x |
| Big NII (times) | 264.14x | 39.68x |
| Small NII (times) | 182.52x | 41.31x |
| RII (times) | 47.36x | 34.36x |
| Employee (times) | 8.59x | |
| Other (times) | ||
| Total (times) | 150.21x | 38.11x |