Gabriel Pet Straps IPO vs Rudra Gas Enterprise IPO

Comparision between Gabriel Pet Straps IPO and Rudra Gas Enterprise IPO.

IPO Details

Gabriel Pet Straps IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Rudra Gas Enterprise IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Gabriel Pet Straps IPO	Rudra Gas Enterprise IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Shreni Shares Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Shreni Shares Limited	Spread X Securities Private Limited
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 Gabriel Pet Straps IPO is up to ₹8.06 Cr whereas the issue size of the Rudra Gas Enterprise IPO is up to ₹14.16 Cr. The final issue price of Gabriel Pet Straps IPO is ₹101.00 per share and of Rudra Gas Enterprise IPO is ₹63.00 per share.

	Gabriel Pet Straps IPO	Rudra Gas Enterprise IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹101.00 per share	₹63.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	7,98,000 shares	22,48,000 shares
Fresh Issue Size (Amount)	up to ₹8.06 Cr	up to ₹14.16 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,98,000 shares	22,48,000 shares
Issue Size Total (Amount)	up to ₹8.06 Cr	up to ₹14.16 Cr

IPO Timetable

Gabriel Pet Straps IPO opens on Jan 31, 2024, while Rudra Gas Enterprise IPO opens on Feb 08, 2024. The closing date of Gabriel Pet Straps IPO and Rudra Gas Enterprise IPO is Feb 02, 2024, and Feb 12, 2024, respectively.

	Gabriel Pet Straps IPO	Rudra Gas Enterprise IPO
Anchor Bid Date
Issue Open	Jan 31, 2024	Feb 08, 2024
Issue Close	Feb 02, 2024	Feb 12, 2024
Basis Of Allotment (Tentative)	Feb 05, 2024	Feb 13, 2024
Initiation of Refunds (Tentative)	Feb 06, 2024	Feb 14, 2024
Credit of Share (Tentative)	Feb 06, 2024	Feb 14, 2024
Listing date (Tentative)	Feb 07, 2024	Feb 15, 2024
Anchor Lockin End date 1	Mar 06, 2024
Anchor Lockin End date 2	May 05, 2024

Financials

Gabriel Pet Straps IPO P/E ratio is 35.94, as compared to Rudra Gas Enterprise IPO P/E ratio of 10.9.

Gabriel Pet Straps IPO

Rudra Gas Enterprise IPO

Financial

Gabriel Pet Straps Limited Financial Information (Restated)

Gabriel Pet Straps Limited's revenue increased by 54.93% and profit after tax (PAT) rose by 1511.96% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	15 Oct 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,067.69	742.16	491.96	106.64
Revenue	451.90	1,500.60	968.57	7.70
Profit After Tax	17.30	51.96	-3.68
Net Worth	203.30	249.41	183.74	98.19
Reserves and Surplus	18.42
Total Borrowing	630.91	297.48	273.06
Amount in ₹ Lakhs

Rudra Gas Enterprise Limited Financial Information (Restated Standalone)

Rudra Gas Enterprise Limited's revenue increased by 12.76% and profit after tax (PAT) rose by 96.21% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Oct 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,345.39	3,380.56	2,804.92	1,960.50
Revenue	3,446.81	4,957.02	4,395.95	2,816.96
Profit After Tax	247.41	352.02	179.41	127.05
Net Worth	1,149.10	798.50	446.48	267.07
Reserves and Surplus	540.10	773.50	421.48	242.07
Total Borrowing	1,990.15	1,738.34	1,379.98	1,008.22
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

99.99%

Promoter Shareholding (Post-Issue)

69.84%

73.03%

P/E Ratio

35.94

10.9

Market Cap

₹26.73 Cr.

₹52.53 Cr.

ROE

23.99%%

57%%

ROCE

46.89%%

25%%

Debt/Equity

1.19

2.18

EPS

₹2.81

₹5.78

RoNW

20.83%%

44.09%%

Shares Offered

In the Gabriel Pet Straps IPO retail investors (RII) are offered 3,76,800 shares while in Rudra Gas Enterprise IPO retail investors are offered 3,76,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Gabriel Pet Straps IPO and 0 shares in Rudra Gas Enterprise IPO.

	Gabriel Pet Straps IPO	Rudra Gas Enterprise IPO
Anchor Investor Reserveration
Market Maker Reserveration	44,400 shares	1,16,000 shares
QIB	0 shares	0 shares
NII	3,76,800 shares	10,66,000 shares
RII	3,76,800 shares	10,66,000 shares
Employee	0 shares	0 shares
Others
Total	7,53,600 shares	21,32,000 shares

Bids Received (Subscription)

Gabriel Pet Straps IPO subscribed 246.20x in total, whereas Rudra Gas Enterprise IPO subscribed 350.75x.

	Gabriel Pet Straps IPO	Rudra Gas Enterprise IPO
QIB (times)
NII (times)	361.56x	286.62x
Big NII (times)
Small NII (times)
RII (times)	122.92x	404.38x
Employee (times)
Other (times)
Total (times)	246.20x	350.75x

Compare with others

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Rudra Gas Enterprise IPO	Atmastco IPO
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Docmode Health Technologies IPO	Alpex Solar IPO
Harshdeep Hortico IPO	Italian Edibles IPO
Megatherm Induction IPO	Gabriel Pet Straps IPO
DelaPlex IPO	Mayank Cattle Food IPO

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