Comparison between Ganga Forging IPO and Raw Edge Industrial IPO.
Ganga Forging IPO is a SME Fixed Price IPO proposed to list at NSE SME while Raw Edge Industrial IPO is a SME Fixed Price proposed to list at BSE SME.
| Ganga Forging IPO | Raw Edge Industrial 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. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Guiness Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| 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 Raw Edge Industrial IPO is up to ₹15.67 Cr. The final issue price of Ganga Forging IPO is ₹21.00 per share and of Raw Edge Industrial IPO is ₹72.00 per share.
| Ganga Forging IPO | Raw Edge Industrial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹21.00 per share | ₹72.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1600 shares |
| Fresh Issue Size | 22,56,000 shares | 15,66,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.74 Cr | up to ₹11.28 Cr |
| OFS Issue Size | 0 shares | 6,10,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.39 Cr |
| Issue Size Total | 22,56,000 shares | 21,76,000 shares |
| Issue Size Total (Amount) | up to ₹4.74 Cr | up to ₹15.67 Cr |
Ganga Forging IPO opens on Jun 29, 2018, while Raw Edge Industrial IPO opens on Jul 05, 2018. The closing date of Ganga Forging IPO and Raw Edge Industrial IPO is Jul 03, 2018, and Jul 10, 2018, respectively.
| Ganga Forging IPO | Raw Edge Industrial IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 29, 2018 | Jul 05, 2018 |
| Issue Close | Jul 03, 2018 | Jul 10, 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 18, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ganga Forging IPO P/E ratio is , as compared to Raw Edge Industrial IPO P/E ratio of .
| Ganga Forging IPO | Raw Edge Industrial IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹16.69 Cr. | ₹60.35 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Ganga Forging IPO Retail Individual Investors (RII) are offered 11,28,000 shares while in Raw Edge Industrial IPO retail investors are offered 11,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Ganga Forging IPO and in Raw Edge Industrial IPO.
| Ganga Forging IPO | Raw Edge Industrial IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,26,000 shares | 1,15,200 shares |
| QIB | ||
| NII | 11,28,000 shares | 10,88,000 shares |
| RII | 11,28,000 shares | 10,88,000 shares |
| Employee | ||
| Others | ||
| Total | 22,56,000 shares | 21,76,000 shares |
Ganga Forging IPO subscribed 1.88x in total, whereas Raw Edge Industrial IPO subscribed 1.10x.
| Ganga Forging IPO | Raw Edge Industrial IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.84x | 1.41x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.80x | 0.78x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.88x | 1.10x |
