Comparison between Ganga Forging IPO and Ushanti Colour Chem IPO.
IPO Details
Ganga Forging IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ushanti Colour Chem IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Ganga Forging IPO is up to ₹4.74 Cr whereas the issue size of the Ushanti Colour Chem IPO is up to ₹10.97 Cr. The final issue price of Ganga Forging IPO is ₹21.00 per share and of Ushanti Colour Chem IPO is ₹60.00 per share.
IPO Timetable
Ganga Forging IPO opens on Jun 29, 2018, while Ushanti Colour Chem IPO opens on Jul 23, 2018. The closing date of Ganga Forging IPO and Ushanti Colour Chem IPO is Jul 03, 2018, and Jul 25, 2018, respectively.
| | Ganga Forging IPO | Ushanti Colour Chem IPO |
|---|
| Issue Open | Jun 29, 2018 | Jul 23, 2018 |
| Issue Close | Jul 03, 2018 | Jul 25, 2018 |
| Basis Of Allotment (Tentative) | Jul 06, 2018 | Jul 30, 2018 |
| Initiation of Refunds (Tentative) | Jul 09, 2018 | Jul 31, 2018 |
| Credit of Share (Tentative) | Jul 10, 2018 | Aug 01, 2018 |
| Listing date (Tentative) | Jul 11, 2018 | Aug 02, 2018 |
Financials & KPIs
Ganga Forging IPO P/E ratio is , as compared to Ushanti Colour Chem IPO P/E ratio of .
Shares Offered
In the Ganga Forging IPO Retail Individual Investors (RII) are offered 11,28,000 shares while in Ushanti Colour Chem IPO retail investors are offered 11,28,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ganga Forging IPO and 0 shares in Ushanti Colour Chem IPO.
| | Ganga Forging IPO | Ushanti Colour Chem IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,26,000 shares | 98,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 11,28,000 shares | 9,14,000 shares |
| RII | 11,28,000 shares | 9,14,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 22,56,000 shares | 18,28,000 shares |
Bids Received (Subscription)
Ganga Forging IPO subscribed 1.88x in total, whereas Ushanti Colour Chem IPO subscribed 6.22x.
