GNG Electronics IPO vs Travel Food Services IPO

Comparison between GNG Electronics IPO and Travel Food Services IPO.

IPO Details

GNG Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Travel Food Services IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of GNG Electronics IPO is up to ₹460.43 Cr whereas the issue size of the Travel Food Services IPO is up to ₹2,000.00 Cr. The final issue price of GNG Electronics IPO is ₹237.00 per share and of Travel Food Services IPO is ₹1,100.00 per share.

 GNG Electronics IPOTravel Food Services IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹225.00 per share₹1,045.00 per share
Issue Price (Upper)₹237.00 per share₹1,100.00 per share
Issue Price (Final)₹237.00 per share₹1,100.00 per share
Discount (Retail)
Discount (Employee)₹104.00 per share
Market Lot Size63 shares13 shares
Fresh Issue Size1,68,77,637 shares0 shares
Fresh Issue Size (Amount)up to ₹400.00 Crup to ₹0.00 Cr
OFS Issue Size25,50,000 shares1,81,82,802 shares
OFS Issue Size (Amount)up to ₹60.44 Crup to ₹2,000.00 Cr
Issue Size Total1,94,27,637 shares1,81,82,802 shares
Issue Size Total (Amount)up to ₹460.43 Crup to ₹2,000.00 Cr

IPO Timetable

GNG Electronics IPO opens on Jul 23, 2025, while Travel Food Services IPO opens on Jul 07, 2025. The closing date of GNG Electronics IPO and Travel Food Services IPO is Jul 25, 2025, and Jul 09, 2025, respectively.

 GNG Electronics IPOTravel Food Services IPO
Anchor Bid DateJul 22, 2025Jul 04, 2025
Issue OpenJul 23, 2025Jul 07, 2025
Issue CloseJul 25, 2025Jul 09, 2025
Basis Of Allotment (Tentative)Jul 28, 2025Jul 10, 2025
Initiation of Refunds (Tentative)Jul 29, 2025Jul 11, 2025
Credit of Share (Tentative)Jul 29, 2025Jul 11, 2025
Listing date (Tentative)Jul 30, 2025Jul 14, 2025
Anchor Lockin End date 1Aug 26, 2025Aug 08, 2025
Anchor Lockin End date 2Oct 25, 2025Oct 07, 2025

Financials & KPIs

GNG Electronics IPO P/E ratio is 33.35, as compared to Travel Food Services IPO P/E ratio of 38.15.

 GNG Electronics IPOTravel Food Services IPO
Financials

Company Financials (Restated Consolidated)

GNG Electronics Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets719.46585.82285.50
Total Income1,420.371,143.80662.79
Profit After Tax69.0352.3132.43
EBITDA126.1484.9050.04
NET Worth226.46163.14111.60
Reserves and Surplus176.61132.6881.13
Total Borrowing446.92322.33152.02
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Travel Food Services Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 27% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,902.731,696.441,332.32
Total Income1,762.711,462.401,103.58
Profit After Tax379.66298.12251.30
EBITDA676.35549.99458.05
NET Worth1,048.45869.05651.12
Reserves and Surplus1,040.24869.74651.60
Total Borrowing63.7831.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.01100
Promoter Shareholding (Post-Issue)78.7186.19
P/E Ratio33.3538.15
Market Cap₹2702.07 Cr.₹14484.74 Cr.
ROE30.40%35.47%
ROCE17.31%51.40%
Debt/Equity1.95
EPS₹7.11₹28.83
RoNW30.40%34.64%

Shares Offered

In the GNG Electronics IPO Retail Individual Investors (RII) are offered 67,99,673 shares while in Travel Food Services IPO retail investors are offered 67,99,673 shares. Qualified Institutional Buyers (QIB) are offered 38,85,528 shares in GNG Electronics IPO and 36,29,091 shares in Travel Food Services IPO.

 GNG Electronics IPOTravel Food Services IPO
Anchor Investor Reservation58,28,290 shares54,43,635 shares
Market Maker Reservation0 shares0 shares
QIB38,85,528 shares36,29,091 shares
NII29,14,146 shares27,21,818 shares
RII67,99,673 shares63,50,909 shares
Employee0 shares40,160 shares
Others
Total1,94,27,637 shares1,81,85,613 shares

Bids Received (Subscription)

GNG Electronics IPO subscribed 150.21x in total, whereas Travel Food Services IPO subscribed 3.03x.

 GNG Electronics IPOTravel Food Services IPO
QIB (times)266.21x8.10x
NII (times)226.44x1.67x
Big NII (times)264.14x1.83x
Small NII (times)182.52x1.33x
RII (times)47.36x0.73x
Employee (times)1.81x
Other (times)
Total (times)150.21x3.03x

Compare with others

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GNG Electronics IPO Vs Travel Food Services IPO