Comparison between GNA Axles IPO and Sheela Foam IPO.
GNA Axles IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sheela Foam 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 Sheela Foam IPO is up to ₹510.00 Cr. The final issue price of GNA Axles IPO is ₹207.00 per share and of Sheela Foam IPO is ₹730.00 per share.
| GNA Axles IPO | Sheela Foam IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹205.00 per share | ₹680.00 per share |
| Issue Price (Upper) | ₹207.00 per share | ₹730.00 per share |
| Issue Price (Final) | ₹207.00 per share | ₹730.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 70 shares | 20 shares |
| Fresh Issue Size | 63,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹130.41 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 69,86,301 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹510.00 Cr |
| Issue Size Total | 63,00,000 shares | 69,86,301 shares |
| Issue Size Total (Amount) | up to ₹130.41 Cr | up to ₹510.00 Cr |
GNA Axles IPO opens on Sep 14, 2016, while Sheela Foam IPO opens on Nov 29, 2016. The closing date of GNA Axles IPO and Sheela Foam IPO is Sep 16, 2016, and Dec 01, 2016, respectively.
| GNA Axles IPO | Sheela Foam IPO | |
|---|---|---|
| Anchor Bid Date | Sep 12, 2016 | Nov 28, 2016 |
| Issue Open | Sep 14, 2016 | Nov 29, 2016 |
| Issue Close | Sep 16, 2016 | Dec 01, 2016 |
| Basis Of Allotment (Tentative) | Sep 21, 2016 | Dec 06, 2016 |
| Initiation of Refunds (Tentative) | Sep 22, 2016 | Dec 07, 2016 |
| Credit of Share (Tentative) | Sep 23, 2016 | Dec 08, 2016 |
| Listing date (Tentative) | Sep 26, 2016 | Dec 09, 2016 |
| Anchor Lockin End date 1 | Oct 21, 2016 | Jan 05, 2017 |
| Anchor Lockin End date 2 | Dec 20, 2016 | Mar 06, 2017 |
GNA Axles IPO P/E ratio is , as compared to Sheela Foam IPO P/E ratio of .
| GNA Axles IPO | Sheela Foam IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹444.33 Cr. | ₹3561.14 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the GNA Axles IPO Retail Individual Investors (RII) are offered 21,35,000 shares while in Sheela Foam IPO retail investors are offered 21,35,000 shares. Qualified Institutional Buyers (QIB) are offered 12,20,000 shares in GNA Axles IPO and 13,97,260 shares in Sheela Foam IPO.
| GNA Axles IPO | Sheela Foam IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,30,000 shares | 20,95,889 shares |
| Market Maker Reservation | ||
| QIB | 12,20,000 shares | 13,97,260 shares |
| NII | 9,15,000 shares | 10,47,946 shares |
| RII | 21,35,000 shares | 24,45,206 shares |
| Employee | 2,00,000 shares | |
| Others | ||
| Total | 63,00,000 shares | 69,86,301 shares |
GNA Axles IPO subscribed 54.87x in total, whereas Sheela Foam IPO subscribed 5.08x.
| GNA Axles IPO | Sheela Foam IPO | |
|---|---|---|
| QIB (times) | 17.18x | 14.51x |
| NII (times) | 217.47x | 3.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.84x | 0.44x |
| Employee (times) | 0.31x | |
| Other (times) | ||
| Total (times) | 54.87x | 5.08x |
