Comparison between GSM Foils IPO and Rulka Electricals IPO.
IPO Details
GSM Foils IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rulka Electricals IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of GSM Foils IPO is up to ₹10.44 Cr whereas the issue size of the Rulka Electricals IPO is up to ₹25.07 Cr. The final issue price of GSM Foils IPO is ₹32.00 per share and of Rulka Electricals IPO is ₹235.00 per share.
| | GSM Foils IPO | Rulka Electricals IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹223.00 per share |
| Issue Price (Upper) | | ₹235.00 per share |
| Issue Price (Final) | ₹32.00 per share | ₹235.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 4000 shares | 600 shares |
| Fresh Issue Size | 32,64,000 shares | 7,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.44 Cr | up to ₹18.47 Cr |
| OFS Issue Size | 0 shares | 2,80,800 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.60 Cr |
| Issue Size Total | 32,64,000 shares | 10,66,800 shares |
| Issue Size Total (Amount) | up to ₹10.44 Cr | up to ₹25.07 Cr |
IPO Timetable
GSM Foils IPO opens on May 24, 2024, while Rulka Electricals IPO opens on May 16, 2024. The closing date of GSM Foils IPO and Rulka Electricals IPO is May 28, 2024, and May 21, 2024, respectively.
| | GSM Foils IPO | Rulka Electricals IPO |
|---|
| Anchor Bid Date | | May 15, 2024 |
| Issue Open | May 24, 2024 | May 16, 2024 |
| Issue Close | May 28, 2024 | May 21, 2024 |
| Basis Of Allotment (Tentative) | May 29, 2024 | May 22, 2024 |
| Initiation of Refunds (Tentative) | May 30, 2024 | May 23, 2024 |
| Credit of Share (Tentative) | May 30, 2024 | May 23, 2024 |
| Listing date (Tentative) | May 31, 2024 | May 24, 2024 |
| Anchor Lockin End date 1 | | Jun 21, 2024 |
| Anchor Lockin End date 2 | | Aug 20, 2024 |
Financials & KPIs
GSM Foils IPO P/E ratio is 20.98, as compared to Rulka Electricals IPO P/E ratio of 28.62.
Shares Offered
In the GSM Foils IPO Retail Individual Investors (RII) are offered 16,32,000 shares while in Rulka Electricals IPO retail investors are offered 16,32,000 shares. Qualified Institutional Buyers (QIB) are offered in GSM Foils IPO and 2,13,600 shares in Rulka Electricals IPO.
| | GSM Foils IPO | Rulka Electricals IPO |
|---|
| Anchor Investor Reservation | | 3,19,200 shares |
| Market Maker Reservation | 1,76,000 shares | 56,400 shares |
| QIB | | 2,13,600 shares |
| NII | 16,32,000 shares | 1,60,200 shares |
| RII | 16,32,000 shares | 3,73,800 shares |
| Employee | | |
| Others | | |
| Total | 32,64,000 shares | 10,66,800 shares |
Bids Received (Subscription)
GSM Foils IPO subscribed 257.30x in total, whereas Rulka Electricals IPO subscribed 676.83x.
