Comparison between Gajanand International IPO and Popular Foundations IPO.
Gajanand International IPO is a SME Fixed Price IPO proposed to list at NSE SME while Popular Foundations IPO is a SME Fixed Price proposed to list at BSE SME.
| Gajanand International IPO | Popular Foundations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fast Track Finsec Pvt.Ltd. | Srujan Alpha Capital Advisors LLP |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Gajanand International IPO is up to ₹19.61 Cr whereas the issue size of the Popular Foundations IPO is up to ₹18.87 Cr. The final issue price of Gajanand International IPO is ₹36.00 per share and of Popular Foundations IPO is ₹37.00 per share.
| Gajanand International IPO | Popular Foundations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹36.00 per share | ₹37.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 54,48,000 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹19.61 Cr | up to ₹18.87 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 | 54,48,000 shares | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹19.61 Cr | up to ₹18.87 Cr |
Gajanand International IPO opens on Sep 09, 2024, while Popular Foundations IPO opens on Sep 13, 2024. The closing date of Gajanand International IPO and Popular Foundations IPO is Sep 11, 2024, and Sep 19, 2024, respectively.
| Gajanand International IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2024 | Sep 13, 2024 |
| Issue Close | Sep 11, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gajanand International IPO P/E ratio is 21.08, as compared to Popular Foundations IPO P/E ratio of 15.97.
| Gajanand International IPO | Popular Foundations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Gajanand International Limited Financial Information (Restated)Gajanand International Limited's revenue increased by 48% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2024 and March 31, 2023.
| Popular Foundations Limited Financial Information (Restated)Popular Foundations Limited's revenue increased by 7% and profit after tax (PAT) rose by 191% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.50 | 83.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.34 | 61.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.08 | 15.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹67.81 Cr. | ₹75.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.30% | 23.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.72% | 22.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.71 | ₹2.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.30% | 15.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gajanand International IPO Retail Individual Investors (RII) are offered 27,24,000 shares while in Popular Foundations IPO retail investors are offered 27,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Gajanand International IPO and in Popular Foundations IPO.
| Gajanand International IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 2,88,000 shares | 2,70,000 shares |
| QIB | ||
| NII | 27,24,000 shares | 25,50,000 shares |
| RII | 27,24,000 shares | 25,50,000 shares |
| Employee | ||
| Others | ||
| Total | 54,48,000 shares | 51,00,000 shares |
Gajanand International IPO subscribed 15.27x in total, whereas Popular Foundations IPO subscribed 9.21x.
| Gajanand International IPO | Popular Foundations IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 5.79x | 3.54x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 24.18x | 14.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.27x | 9.21x |
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