Gopal Snacks IPO vs Popular Vehicles IPO

Comparison between Gopal Snacks IPO and Popular Vehicles IPO.

IPO Details

Gopal Snacks IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Popular Vehicles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Gopal Snacks IPO is up to ₹650.00 Cr whereas the issue size of the Popular Vehicles IPO is up to ₹601.55 Cr. The final issue price of Gopal Snacks IPO is ₹401.00 per share and of Popular Vehicles IPO is ₹295.00 per share.

 Gopal Snacks IPOPopular Vehicles IPO
Face Value₹1 per share₹2 per share
Issue Price (Lower)₹381.00 per share₹280.00 per share
Issue Price (Upper)₹401.00 per share₹295.00 per share
Issue Price (Final)₹401.00 per share₹295.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹38.00 per share₹28.00 per share
Market Lot Size37 shares50 shares
Fresh Issue Size0 shares84,76,753 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹250.04 Cr
OFS Issue Size1,62,16,886 shares1,19,17,075 shares
OFS Issue Size (Amount)up to ₹650.00 Crup to ₹351.52 Cr
Issue Size Total1,62,16,886 shares2,03,93,828 shares
Issue Size Total (Amount)up to ₹650.00 Crup to ₹601.55 Cr

IPO Timetable

Gopal Snacks IPO opens on Mar 06, 2024, while Popular Vehicles IPO opens on Mar 12, 2024. The closing date of Gopal Snacks IPO and Popular Vehicles IPO is Mar 11, 2024, and Mar 14, 2024, respectively.

 Gopal Snacks IPOPopular Vehicles IPO
Anchor Bid DateMar 05, 2024Mar 11, 2024
Issue OpenMar 06, 2024Mar 12, 2024
Issue CloseMar 11, 2024Mar 14, 2024
Basis Of Allotment (Tentative)Mar 12, 2024Mar 15, 2024
Initiation of Refunds (Tentative)Mar 13, 2024Mar 18, 2024
Credit of Share (Tentative)Mar 13, 2024Mar 18, 2024
Listing date (Tentative)Mar 14, 2024Mar 19, 2024
Anchor Lockin End date 1Apr 11, 2024Apr 14, 2024
Anchor Lockin End date 2Jun 10, 2024Jun 13, 2024

Financials & KPIs

Gopal Snacks IPO P/E ratio is 44.47, as compared to Popular Vehicles IPO P/E ratio of 28.88.

 Gopal Snacks IPOPopular Vehicles IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets434.54461.28399.72341.89
Total Income677.971,398.541,356.481,129.84
Profit After Tax55.57112.3741.5421.12
NET Worth346.10290.88177.66135.74
Reserves and Surplus333.17277.60176.56135.03
Total Borrowing26.05106.37164.12138.99
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,941.781,503.781,263.291,118.94
Total Income2,848.214,892.633,484.202,919.25
Profit After Tax40.0464.0733.6732.46
NET Worth384.21343.04279.89246.00
Reserves and Surplus371.67330.50267.34233.46
Total Borrowing764.61505.01371.91353.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.5069.45
Promoter Shareholding (Post-Issue)81.4961.17
P/E Ratio44.4728.88
Market Cap₹4996.64 Cr.₹2100.28 Cr.
ROE16.05%10.42%
ROCE20.83%8.83%
Debt/Equity0.081.99
EPS₹9.02₹10.22
RoNW16.05%10.42%

Shares Offered

In the Gopal Snacks IPO Retail Individual Investors (RII) are offered 56,42,768 shares while in Popular Vehicles IPO retail investors are offered 56,42,768 shares. Qualified Institutional Buyers (QIB) are offered 32,24,439 shares in Gopal Snacks IPO and 40,71,550 shares in Popular Vehicles IPO.

 Gopal Snacks IPOPopular Vehicles IPO
Anchor Investor Reservation48,36,657 shares61,07,325 shares
Market Maker Reservation
QIB32,24,439 shares40,71,550 shares
NII24,18,330 shares30,53,663 shares
RII56,42,768 shares71,25,214 shares
Employee96,418 shares37,453 shares
Others
Total1,62,18,612 shares2,03,95,205 shares

Bids Received (Subscription)

Gopal Snacks IPO subscribed 9.50x in total, whereas Popular Vehicles IPO subscribed 1.25x.

 Gopal Snacks IPOPopular Vehicles IPO
QIB (times)18.42x1.92x
NII (times)10.00x0.67x
Big NII (times)10.72x0.67x
Small NII (times)8.12x0.68x
RII (times)4.22x1.07x
Employee (times)7.27x8.04x
Other (times)
Total (times)9.50x1.25x

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