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Garv Industries IPO vs Power Instrumentation Gujarat IPO

Comparison between Garv Industries IPO and Power Instrumentation Gujarat IPO.

IPO Details

Garv Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Power Instrumentation Gujarat IPO is a SME Fixed Price proposed to list at NSE SME.

 Garv Industries IPOPower Instrumentation Gujarat IPO
LogoGarv Industries IPO LogoPower Instrumentation Gujarat IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.Navigant Corporate Advisors Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.Khambatta Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Garv Industries IPO is up to ₹3.03 Cr whereas the issue size of the Power Instrumentation Gujarat IPO is up to ₹5.83 Cr. The final issue price of Garv Industries IPO is ₹10.00 per share and of Power Instrumentation Gujarat IPO is ₹33.00 per share.

 Garv Industries IPOPower Instrumentation Gujarat IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹10.00 per share₹33.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size10000 shares4000 shares
Fresh Issue Size30,30,000 shares17,68,000 shares
Fresh Issue Size (Amount)up to ₹3.03 Crup to ₹5.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total30,30,000 shares17,68,000 shares
Issue Size Total (Amount)up to ₹3.03 Crup to ₹5.83 Cr

IPO Timetable

Garv Industries IPO opens on Apr 12, 2018, while Power Instrumentation Gujarat IPO opens on Apr 11, 2018. The closing date of Garv Industries IPO and Power Instrumentation Gujarat IPO is Apr 17, 2018, and Apr 13, 2018, respectively.

 Garv Industries IPOPower Instrumentation Gujarat IPO
Anchor Bid Date
Issue OpenApr 12, 2018Apr 11, 2018
Issue CloseApr 17, 2018Apr 13, 2018
Basis Of Allotment (Tentative)Apr 20, 2018
Initiation of Refunds (Tentative)Apr 23, 2018
Credit of Share (Tentative)Apr 24, 2018
Listing date (Tentative)Apr 25, 2018Apr 23, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Garv Industries IPO P/E ratio is , as compared to Power Instrumentation Gujarat IPO P/E ratio of .

 Garv Industries IPOPower Instrumentation Gujarat IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Jan-18
Total Assets 1,036.35
Total Revenue 1,459.18
Profit After Tax 11.43
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 5,056.00 4,260.62 3,122.52 2,851.59 2,444.62
Total Revenue 6,072.79 5,166.19 4,546.73 3,633.03 3,270.25
Profit After Tax 156.66 122.39 107.17 94.89 87.80
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Garv Industries IPO Retail Individual Investors (RII) are offered 15,15,000 shares while in Power Instrumentation Gujarat IPO retail investors are offered 15,15,000 shares. Qualified Institutional Buyers (QIB) are offered in Garv Industries IPO and in Power Instrumentation Gujarat IPO.

 Garv Industries IPOPower Instrumentation Gujarat IPO
Anchor Investor Reserveration
Market Maker Reserveration1,70,000 shares96,000 shares
QIB
NII15,15,000 shares8,84,000 shares
RII15,15,000 shares8,84,000 shares
Employee
Others
Total30,30,000 shares17,68,000 shares

Bids Received (Subscription)

Garv Industries IPO subscribed 2.13x in total, whereas Power Instrumentation Gujarat IPO subscribed 10.26x.

 Garv Industries IPOPower Instrumentation Gujarat IPO
QIB (times)
NII (times)2.17x8.61x
Big NII (times)
Small NII (times)
RII (times)1.89x11.90x
Employee (times)
Other (times)
Total (times)2.13x10.26x