Comparison between Ganga Forging IPO and Rajnish Wellness IPO.
Ganga Forging IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rajnish Wellness IPO is a SME Fixed Price proposed to list at BSE SME.
| Ganga Forging IPO | Rajnish Wellness IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Navigant Corporate Advisors Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Monarch Networth Capital Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ganga Forging IPO is up to ₹4.74 Cr whereas the issue size of the Rajnish Wellness IPO is up to ₹11.38 Cr. The final issue price of Ganga Forging IPO is ₹21.00 per share and of Rajnish Wellness IPO is ₹95.00 per share.
| Ganga Forging IPO | Rajnish Wellness IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹21.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1200 shares |
| Fresh Issue Size | 22,56,000 shares | 11,97,600 shares |
| Fresh Issue Size (Amount) | up to ₹4.74 Cr | up to ₹11.38 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 | 22,56,000 shares | 11,97,600 shares |
| Issue Size Total (Amount) | up to ₹4.74 Cr | up to ₹11.38 Cr |
Ganga Forging IPO opens on Jun 29, 2018, while Rajnish Wellness IPO opens on Jun 25, 2018. The closing date of Ganga Forging IPO and Rajnish Wellness IPO is Jul 03, 2018, and Jun 29, 2018, respectively.
| Ganga Forging IPO | Rajnish Wellness IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 29, 2018 | Jun 25, 2018 |
| Issue Close | Jul 03, 2018 | Jun 29, 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, 2018 | Jul 09, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ganga Forging IPO P/E ratio is , as compared to Rajnish Wellness IPO P/E ratio of .
| Ganga Forging IPO | Rajnish Wellness IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials |
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| Promoter Shareholding (Pre-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ganga Forging IPO Retail Individual Investors (RII) are offered 11,28,000 shares while in Rajnish Wellness IPO retail investors are offered 11,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Ganga Forging IPO and in Rajnish Wellness IPO.
| Ganga Forging IPO | Rajnish Wellness IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,26,000 shares | 63,600 shares |
| QIB | ||
| NII | 11,28,000 shares | 5,98,800 shares |
| RII | 11,28,000 shares | 5,98,800 shares |
| Employee | ||
| Others | ||
| Total | 22,56,000 shares | 11,97,600 shares |
Ganga Forging IPO subscribed 1.78x in total, whereas Rajnish Wellness IPO subscribed 1.13x.
| Ganga Forging IPO | Rajnish Wellness IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.84x | 2.02x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.80x | 0.23x |
| Employee (times) | ||
| Other (times) | 1.00x | |
| Total (times) | 1.78x | 1.13x |
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