Galactico Corporate IPO vs Salasar Exteriors IPO

Comparison between Galactico Corporate IPO and Salasar Exteriors IPO.

IPO Details

Galactico Corporate IPO is a SME Fixed Price IPO proposed to list at BSE SME while Salasar Exteriors IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Galactico Corporate IPO is up to ₹3.51 Cr whereas the issue size of the Salasar Exteriors IPO is up to ₹8.07 Cr. The final issue price of Galactico Corporate IPO is ₹23.00 per share and of Salasar Exteriors IPO is ₹36.00 per share.

 Galactico Corporate IPOSalasar Exteriors IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹23.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares3000 shares
Fresh Issue Size2,16,000 shares22,41,000 shares
Fresh Issue Size (Amount)up to ₹0.50 Crup to ₹8.07 Cr
OFS Issue Size13,08,000 shares0 shares
OFS Issue Size (Amount)up to ₹3.01 Crup to ₹0.00 Cr
Issue Size Total15,24,000 shares22,41,000 shares
Issue Size Total (Amount)up to ₹3.51 Crup to ₹8.07 Cr

IPO Timetable

Galactico Corporate IPO opens on Sep 24, 2019, while Salasar Exteriors IPO opens on Aug 28, 2019. The closing date of Galactico Corporate IPO and Salasar Exteriors IPO is Sep 27, 2019, and Sep 03, 2019, respectively.

 Galactico Corporate IPOSalasar Exteriors IPO
Issue OpenSep 24, 2019Aug 28, 2019
Issue CloseSep 27, 2019Sep 03, 2019
Listing date (Tentative)Oct 09, 2019Sep 12, 2019

Financials & KPIs

Galactico Corporate IPO P/E ratio is , as compared to Salasar Exteriors IPO P/E ratio of .

 Galactico Corporate IPOSalasar Exteriors IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets12.9112.177.93
Total Income1.971.600.52
Profit After Tax0.740.850.32
NET Worth12.3011.567.07
Reserves and Surplus6.876.137.00
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended28 Feb 2019
Assets27.37
Total Income1.78
Profit After Tax1.03
NET Worth11.20
Reserves and Surplus5.32
Total Borrowing15.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%100%
Promoter Shareholding (Post-Issue)71.94%71.34%
Market Cap₹13.18 Cr.₹29.65 Cr.

Shares Offered

In the Galactico Corporate IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Salasar Exteriors IPO retail investors are offered 7,62,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Galactico Corporate IPO and in Salasar Exteriors IPO.

 Galactico Corporate IPOSalasar Exteriors IPO
Anchor Investor Reservation0 shares
Market Maker Reservation84,000 shares1,20,000 shares
QIB0 shares
NII7,62,000 shares11,20,000 shares
RII7,62,000 shares11,20,000 shares
Employee0 shares
Total15,24,000 shares22,40,000 shares

Bids Received (Subscription)

Galactico Corporate IPO subscribed 1.16x in total, whereas Salasar Exteriors IPO subscribed 1.15x.

 Galactico Corporate IPOSalasar Exteriors IPO
NII (times)1.76x2.10x
RII (times)0.56x0.20x
Total (times)1.16x1.15x

Compare with others

Compare:

Galactico Corporate IPO Vs Salasar Exteriors IPO