G G Engineering IPO vs Pushpanjali Realms IPO

Comparison between G G Engineering IPO and Pushpanjali Realms IPO.

IPO Details

G G Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Pushpanjali Realms IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of G G Engineering IPO is up to ₹2.11 Cr whereas the issue size of the Pushpanjali Realms IPO is up to ₹13.82 Cr. The final issue price of G G Engineering IPO is ₹20.00 per share and of Pushpanjali Realms IPO is ₹55.00 per share.

 G G Engineering IPOPushpanjali Realms IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size10,56,000 shares25,12,000 shares
Fresh Issue Size (Amount)up to ₹2.11 Crup to ₹13.82 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total10,56,000 shares25,12,000 shares
Issue Size Total (Amount)up to ₹2.11 Crup to ₹13.82 Cr

IPO Timetable

G G Engineering IPO opens on Jun 30, 2017, while Pushpanjali Realms IPO opens on Jun 27, 2017. The closing date of G G Engineering IPO and Pushpanjali Realms IPO is Jul 07, 2017, and Jun 30, 2017, respectively.

 G G Engineering IPOPushpanjali Realms IPO
Issue OpenJun 30, 2017Jun 27, 2017
Issue CloseJul 07, 2017Jun 30, 2017
Basis Of Allotment (Tentative)Jul 13, 2017Jul 05, 2017
Listing date (Tentative)Jul 17, 2017Jul 10, 2017

Financials & KPIs

G G Engineering IPO P/E ratio is , as compared to Pushpanjali Realms IPO P/E ratio of .

 G G Engineering IPOPushpanjali Realms IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201631 Mar 201631 Mar 201531 Mar 2014
Assets6.625.714.725.24
Total Income5.995.202.072.13
Profit After Tax0.020.140.01-0.01
NET Worth3.223.203.073.06
Reserves and Surplus0.170.150.01-0.00
Total Borrowing1.771.530.650.97
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Dec 201631 Mar 201631 Mar 201531 Mar 2014
Assets66.7147.4022.218.41
Total Income18.4822.1513.461.18
Profit After Tax1.181.390.430.02
NET Worth7.526.340.450.03
Reserves and Surplus2.611.430.440.02
Total Borrowing14.9018.6414.896.64
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.61%78.57%
Promoter Shareholding (Post-Issue)73.07%57.81%
Market Cap₹8.38 Cr.₹55.06 Cr.

Shares Offered

In the G G Engineering IPO Retail Individual Investors (RII) are offered 5,28,000 shares while in Pushpanjali Realms IPO retail investors are offered 5,28,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in G G Engineering IPO and 0 shares in Pushpanjali Realms IPO.

 G G Engineering IPOPushpanjali Realms IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation60,000 shares1,34,000 shares
QIB0 shares0 shares
NII5,28,000 shares12,56,000 shares
RII5,28,000 shares12,56,000 shares
Employee0 shares0 shares
Total10,56,000 shares25,12,000 shares

Bids Received (Subscription)

G G Engineering IPO subscribed 1.61x in total, whereas Pushpanjali Realms IPO subscribed 1.14x.

 G G Engineering IPOPushpanjali Realms IPO
NII (times)1.30x1.35x
RII (times)1.93x0.94x
Total (times)1.61x1.14x

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G G Engineering IPO Vs Pushpanjali Realms IPO