Comparison between Gala Precision Engineering IPO and Western Carriers IPO.
Gala Precision Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Western Carriers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Gala Precision Engineering IPO is up to ₹167.93 Cr whereas the issue size of the Western Carriers IPO is up to ₹492.88 Cr. The final issue price of Gala Precision Engineering IPO is ₹529.00 per share and of Western Carriers IPO is ₹172.00 per share.
| Gala Precision Engineering IPO | Western Carriers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹503.00 per share | ₹163.00 per share |
| Issue Price (Upper) | ₹529.00 per share | ₹172.00 per share |
| Issue Price (Final) | ₹529.00 per share | ₹172.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 28 shares | 87 shares |
| Fresh Issue Size | 25,58,416 shares | 2,32,55,813 shares |
| Fresh Issue Size (Amount) | up to ₹135.34 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 6,16,000 shares | 54,00,000 shares |
| OFS Issue Size (Amount) | up to ₹32.59 Cr | up to ₹92.88 Cr |
| Issue Size Total | 31,74,416 shares | 2,86,55,813 shares |
| Issue Size Total (Amount) | up to ₹167.93 Cr | up to ₹492.88 Cr |
Gala Precision Engineering IPO opens on Sep 02, 2024, while Western Carriers IPO opens on Sep 13, 2024. The closing date of Gala Precision Engineering IPO and Western Carriers IPO is Sep 04, 2024, and Sep 19, 2024, respectively.
| Gala Precision Engineering IPO | Western Carriers IPO | |
|---|---|---|
| Anchor Bid Date | Aug 30, 2024 | Sep 12, 2024 |
| Issue Open | Sep 02, 2024 | Sep 13, 2024 |
| Issue Close | Sep 04, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 05, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 06, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 06, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 09, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Oct 04, 2024 | Oct 19, 2024 |
| Anchor Lockin End date 2 | Dec 03, 2024 | Dec 18, 2024 |
Gala Precision Engineering IPO P/E ratio is 23.95, as compared to Western Carriers IPO P/E ratio of 16.85.
| Gala Precision Engineering IPO | Western Carriers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.56 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.4 | 71.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.95 | 16.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹670.24 Cr. | ₹1753.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.59% | 22.41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.91% | 29.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.53 | 0.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹22.09 | ₹10.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.38% | 20.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gala Precision Engineering IPO Retail Individual Investors (RII) are offered 11,09,017 shares while in Western Carriers IPO retail investors are offered 11,09,017 shares. Qualified Institutional Buyers (QIB) are offered 6,33,724 shares in Gala Precision Engineering IPO and 57,31,163 shares in Western Carriers IPO.
| Gala Precision Engineering IPO | Western Carriers IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,50,586 shares | 85,96,743 shares |
| Market Maker Reservation | ||
| QIB | 6,33,724 shares | 57,31,163 shares |
| NII | 4,75,293 shares | 42,98,372 shares |
| RII | 11,09,017 shares | 1,00,29,535 shares |
| Employee | 5,796 shares | |
| Others | ||
| Total | 31,74,416 shares | 2,86,55,813 shares |
Gala Precision Engineering IPO subscribed 201.41x in total, whereas Western Carriers IPO subscribed 31.69x.
| Gala Precision Engineering IPO | Western Carriers IPO | |
|---|---|---|
| QIB (times) | 232.54x | 28.81x |
| NII (times) | 414.62x | 46.68x |
| Big NII (times) | 439.67x | 41.65x |
| Small NII (times) | 364.54x | 56.73x |
| RII (times) | 91.95x | 26.92x |
| Employee (times) | 258.95x | |
| Other (times) | ||
| Total (times) | 201.41x | 31.69x |
