Comparison between GNA Axles IPO and RBL Bank IPO.
GNA Axles IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while RBL Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of GNA Axles IPO is up to ₹130.41 Cr whereas the issue size of the RBL Bank IPO is up to ₹1,212.97 Cr. The final issue price of GNA Axles IPO is ₹207.00 per share and of RBL Bank IPO is ₹225.00 per share.
| GNA Axles IPO | RBL Bank IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹205.00 per share | ₹224.00 per share |
| Issue Price (Upper) | ₹207.00 per share | ₹225.00 per share |
| Issue Price (Final) | ₹207.00 per share | ₹225.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 70 shares | 65 shares |
| Fresh Issue Size | 63,00,000 shares | 3,70,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹130.41 Cr | up to ₹832.50 Cr |
| OFS Issue Size | 0 shares | 1,69,09,628 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹380.47 Cr |
| Issue Size Total | 63,00,000 shares | 5,39,09,628 shares |
| Issue Size Total (Amount) | up to ₹130.41 Cr | up to ₹1,212.97 Cr |
GNA Axles IPO opens on Sep 14, 2016, while RBL Bank IPO opens on Aug 19, 2016. The closing date of GNA Axles IPO and RBL Bank IPO is Sep 16, 2016, and Aug 23, 2016, respectively.
| GNA Axles IPO | RBL Bank IPO | |
|---|---|---|
| Anchor Bid Date | Sep 12, 2016 | Aug 18, 2016 |
| Issue Open | Sep 14, 2016 | Aug 19, 2016 |
| Issue Close | Sep 16, 2016 | Aug 23, 2016 |
| Basis Of Allotment (Tentative) | Sep 21, 2016 | |
| Initiation of Refunds (Tentative) | Sep 22, 2016 | |
| Credit of Share (Tentative) | Sep 23, 2016 | |
| Listing date (Tentative) | Sep 26, 2016 | Aug 31, 2016 |
| Anchor Lockin End date 1 | Oct 21, 2016 | |
| Anchor Lockin End date 2 | Dec 20, 2016 |
GNA Axles IPO P/E ratio is , as compared to RBL Bank IPO P/E ratio of .
| GNA Axles IPO | RBL Bank IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹444.33 Cr. | ₹8320.70 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the GNA Axles IPO Retail Individual Investors (RII) are offered 21,35,000 shares while in RBL Bank IPO retail investors are offered 21,35,000 shares. Qualified Institutional Buyers (QIB) are offered 12,20,000 shares in GNA Axles IPO and 1,07,81,926 shares in RBL Bank IPO.
| GNA Axles IPO | RBL Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,30,000 shares | 1,61,72,887 shares |
| Market Maker Reservation | ||
| QIB | 12,20,000 shares | 1,07,81,926 shares |
| NII | 9,15,000 shares | 80,86,445 shares |
| RII | 21,35,000 shares | 1,88,68,370 shares |
| Employee | 2,00,000 shares | |
| Others | ||
| Total | 63,00,000 shares | 5,39,09,628 shares |
GNA Axles IPO subscribed 54.87x in total, whereas RBL Bank IPO subscribed 69.62x.
| GNA Axles IPO | RBL Bank IPO | |
|---|---|---|
| QIB (times) | 17.18x | 85.08x |
| NII (times) | 217.47x | 198.06x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.84x | 5.70x |
| Employee (times) | 0.31x | |
| Other (times) | ||
| Total (times) | 54.87x | 69.62x |
