Comparison between Gallantt Ispat IPO and Microsec Financial IPO.
Gallantt Ispat IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Microsec Financial IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Gallantt Ispat IPO is up to ₹33.50 Cr whereas the issue size of the Microsec Financial IPO is up to ₹147.50 Cr. The final issue price of Gallantt Ispat IPO is ₹50.00 per share and of Microsec Financial IPO is ₹118.00 per share.
| Gallantt Ispat IPO | Microsec Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹113.00 per share | |
| Issue Price (Upper) | ₹118.00 per share | |
| Issue Price (Final) | ₹50.00 per share | ₹118.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 125 shares | 52 shares |
| Fresh Issue Size | 67,00,208 shares | 1,25,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹33.50 Cr | up to ₹147.50 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 67,00,208 shares | 1,25,00,000 shares |
| Issue Size Total (Amount) | up to ₹33.50 Cr | up to ₹147.50 Cr |
Gallantt Ispat IPO opens on Sep 22, 2010, while Microsec Financial IPO opens on Sep 17, 2010. The closing date of Gallantt Ispat IPO and Microsec Financial IPO is Sep 24, 2010, and Sep 21, 2010, respectively.
| Gallantt Ispat IPO | Microsec Financial IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 22, 2010 | Sep 17, 2010 |
| Issue Close | Sep 24, 2010 | Sep 21, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 11, 2010 | Oct 05, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gallantt Ispat IPO P/E ratio is , as compared to Microsec Financial IPO P/E ratio of .
| Gallantt Ispat IPO | Microsec Financial IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 92.77 | 90.25 | ||||
| Promoter Shareholding (Post-Issue) | 69.93 | 54.78 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹133.83 Cr. | ₹375.36 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 19.68 |
In the Gallantt Ispat IPO Retail Individual Investors (RII) are offered 33,50,000 shares while in Microsec Financial IPO retail investors are offered 33,50,000 shares. Qualified Institutional Buyers (QIB) are offered 6,70,000 shares in Gallantt Ispat IPO and 62,50,000 shares in Microsec Financial IPO.
| Gallantt Ispat IPO | Microsec Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 6,70,000 shares | 62,50,000 shares |
| NII | 26,80,000 shares | 18,75,000 shares |
| RII | 33,50,000 shares | 43,75,000 shares |
| Employee | ||
| Others | ||
| Total | 67,00,000 shares | 1,25,00,000 shares |
Gallantt Ispat IPO subscribed 1.68x in total, whereas Microsec Financial IPO subscribed 12.20x.
| Gallantt Ispat IPO | Microsec Financial IPO | |
|---|---|---|
| QIB (times) | 3.23x | 5.91x |
| NII (times) | 1.76x | 35.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.30x | 11.04x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.68x | 12.20x |
