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Ganga Forging IPO vs Powerful Technologies IPO

Comparison between Ganga Forging IPO and Powerful Technologies IPO.

IPO Details

Ganga Forging IPO is a SME Fixed Price IPO proposed to list at NSE SME while Powerful Technologies IPO is a SME Fixed Price proposed to list at NSE SME.

 Ganga Forging IPOPowerful Technologies IPO
LogoGanga Forging IPO LogoPowerful Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Finshore Management Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Share India 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 Ganga Forging IPO is up to ₹4.74 Cr whereas the issue size of the Powerful Technologies IPO is up to ₹12.86 Cr. The final issue price of Ganga Forging IPO is ₹21.00 per share and of Powerful Technologies IPO is ₹51.00 per share.

 Ganga Forging IPOPowerful Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹21.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares2000 shares
Fresh Issue Size22,56,000 shares25,22,000 shares
Fresh Issue Size (Amount)up to ₹4.74 Crup to ₹12.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,56,000 shares25,22,000 shares
Issue Size Total (Amount)up to ₹4.74 Crup to ₹12.86 Cr

IPO Timetable

Ganga Forging IPO opens on Jun 29, 2018, while Powerful Technologies IPO opens on Aug 09, 2018. The closing date of Ganga Forging IPO and Powerful Technologies IPO is Jul 03, 2018, and Aug 17, 2018, respectively.

 Ganga Forging IPOPowerful Technologies IPO
Anchor Bid Date
Issue OpenJun 29, 2018Aug 09, 2018
Issue CloseJul 03, 2018Aug 17, 2018
Basis Of Allotment (Tentative)Jul 06, 2018
Initiation of Refunds (Tentative)Jul 09, 2018
Credit of Share (Tentative)Jul 10, 2018
Listing date (Tentative)Jul 11, 2018Aug 28, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ganga Forging IPO P/E ratio is , as compared to Powerful Technologies IPO P/E ratio of .

 Ganga Forging IPOPowerful Technologies IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 1,514.46 1,345.33 1,202.73 1,708.34 858.33
Total Revenue 1,779.17 1,769.45 1,557.19 1,695.99 1,556.93
Profit After Tax 48.49 25.26 46.58 60.74 32.12
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15
Total Assets 3,101.84 2,481.81 999.07 1.06
Total Revenue 6,262.12 3,561.26 2,497.25 --
Profit After Tax 450.25 40.65 18.48 (0.11)
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Ganga Forging IPO Retail Individual Investors (RII) are offered 11,28,000 shares while in Powerful Technologies IPO retail investors are offered 11,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Ganga Forging IPO and in Powerful Technologies IPO.

 Ganga Forging IPOPowerful Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration1,26,000 shares1,34,000 shares
QIB
NII11,28,000 shares12,60,000 shares
RII11,28,000 shares12,62,000 shares
Employee
Others
Total22,56,000 shares25,22,000 shares

Bids Received (Subscription)

Ganga Forging IPO subscribed 1.78x in total, whereas Powerful Technologies IPO subscribed 1.30x.

 Ganga Forging IPOPowerful Technologies IPO
QIB (times)
NII (times)0.84x1.52x
Big NII (times)
Small NII (times)
RII (times)2.80x1.09x
Employee (times)
Other (times)1.00x
Total (times)1.78x1.30x