Ambani Organics IPO vs Ganga Forging (GFL) IPO

Comparision between Ambani Organics IPO and Ganga Forging (GFL) IPO.

IPO Details

Ambani Organics IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Ganga Forging (GFL) IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Ambani Organics IPO	Ganga Forging (GFL) IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Aryaman Financial Services Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Universal Capital Securities Pvt. Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ambani Organics IPO is up to ₹9.03 Cr whereas the issue size of the Ganga Forging (GFL) IPO is up to ₹5.00 Cr. The final issue price of Ambani Organics IPO is ₹66.00 per share and of Ganga Forging (GFL) IPO is ₹21.00 per share.

	Ambani Organics IPO	Ganga Forging (GFL) IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹66.00 per share	₹21.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,68,000 shares	23,82,000 shares
Issue Size Total (Amount)	up to ₹9.03 Cr	up to ₹5.00 Cr

IPO Timetable

Ambani Organics IPO opens on Jul 06, 2018, while Ganga Forging (GFL) IPO opens on Jun 29, 2018. The closing date of Ambani Organics IPO and Ganga Forging (GFL) IPO is Jul 10, 2018, and Jul 03, 2018, respectively.

	Ambani Organics IPO	Ganga Forging (GFL) IPO
Anchor Bid Date
Issue Open	Jul 06, 2018	Jun 29, 2018
Issue Close	Jul 10, 2018	Jul 03, 2018
Basis Of Allotment (Tentative)		Jul 06, 2018
Initiation of Refunds (Tentative)		Jul 09, 2018
Credit of Share (Tentative)		Jul 10, 2018
Listing date (Tentative)		Jul 11, 2018
Anchor Lockin End date 1		Aug 05, 2018
Anchor Lockin End date 2		Oct 04, 2018

Financials

Ambani Organics IPO P/E ratio is , as compared to Ganga Forging (GFL) IPO P/E ratio of .

Ambani Organics IPO

Ganga Forging (GFL) IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	4,777.78	3,830.50	3,004.24	1,902.19	2,531.88
Total Revenue	6,558.15	5,289.85	3,291.40	3,765. 77	3,419.69
Profit After Tax	182.30	83.17	(38.89)	(243.99)	32.35

Summary of consolidated financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17
Total Assets	4,772.65	3,829.78
Total Revenue	6,558.15	5,289.85
Profit After Tax	191.35	79.96

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	1,514.46	1,345.33	1,202.73	1,708.34	858.33
Total Revenue	1,779.17	1,769.45	1,557.19	1,695.99	1,556.93
Profit After Tax	48.49	25.26	46.58	60.74	32.12

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Ambani Organics IPO retail investors (RII) are offered 6,48,000 shares while in Ganga Forging (GFL) IPO retail investors are offered 6,48,000 shares. Qualified institutional buyers (QIB) are offered in Ambani Organics IPO and 0 shares in Ganga Forging (GFL) IPO.

	Ambani Organics IPO	Ganga Forging (GFL) IPO
Anchor Investor Reserveration
Market Maker Reserveration	72,000 shares	1,26,000 shares
QIB		0 shares
NII	6,48,000 shares	11,28,000 shares
RII	6,48,000 shares	11,28,000 shares
Employee
Others
Total	13,68,000 shares	23,82,000 shares

Bids Received (Subscription)

Ambani Organics IPO subscribed 1.36x in total, whereas Ganga Forging (GFL) IPO subscribed 1.78x.

	Ambani Organics IPO	Ganga Forging (GFL) IPO
QIB (times)
NII (times)	1.91x	0.84x
Big NII (times)
Small NII (times)
RII (times)	0.97x	2.80x
Employee (times)
Other (times)		1.00x
Total (times)	1.36x	1.78x

Compare with others

Ambani Organics IPO	Ganga Forging (GFL) IPO
Saketh Exim IPO	Avon Moldplast IPO
Supershakti Metaliks IPO	Powerful Technologies IPO
Avon Moldplast IPO	Raw Edge Industrial Solutions IPO
Powerful Technologies IPO	Ambani Organics IPO
Raw Edge Industrial Solutions IPO	Ganesh Films IPO
Ganesh Films IPO	Jakharia Fabric IPO
Ganga Forging (GFL) IPO	Rajnish Wellness IPO
Jakharia Fabric IPO	Bright Solar IPO
Rajnish Wellness IPO	Rudrabhishek Enterprises IPO
Bright Solar IPO	Ushanti Colour Chem IPO

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