Gabriel Pet Straps IPO vs WTI Cabs IPO

Comparision between Gabriel Pet Straps IPO and WTI Cabs IPO.

IPO Details

Gabriel Pet Straps IPO is a SME Book Built Issue IPO proposed to list at BSE SME while WTI Cabs IPO is a SME Book Built Issue proposed to list at NSE SME.

	Gabriel Pet Straps IPO	WTI Cabs IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Shreni Shares Limited	Share India Capital Services Private Limited
Registrar	Bigshare Services Pvt Ltd	Beetal Financial & Computer Services (P) Limited
Market Maker	Shreni Shares Limited	Share India Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		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 WTI Cabs IPO is up to ₹94.68 Cr. The final issue price of Gabriel Pet Straps IPO is ₹101.00 per share and of WTI Cabs IPO is ₹147.00 per share.

	Gabriel Pet Straps IPO	WTI Cabs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹140.00 per share
Issue Price (Upper)		₹147.00 per share
Issue Price (Final)	₹101.00 per share	₹147.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	7,98,000 shares	64,41,000 shares
Fresh Issue Size (Amount)	up to ₹8.06 Cr	up to ₹94.68 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,98,000 shares	64,41,000 shares
Issue Size Total (Amount)	up to ₹8.06 Cr	up to ₹94.68 Cr

IPO Timetable

Gabriel Pet Straps IPO opens on Jan 31, 2024, while WTI Cabs IPO opens on Feb 12, 2024. The closing date of Gabriel Pet Straps IPO and WTI Cabs IPO is Feb 02, 2024, and Feb 14, 2024, respectively.

	Gabriel Pet Straps IPO	WTI Cabs IPO
Anchor Bid Date		Feb 09, 2024
Issue Open	Jan 31, 2024	Feb 12, 2024
Issue Close	Feb 02, 2024	Feb 14, 2024
Basis Of Allotment (Tentative)	Feb 05, 2024	Feb 15, 2024
Initiation of Refunds (Tentative)	Feb 06, 2024	Feb 16, 2024
Credit of Share (Tentative)	Feb 06, 2024	Feb 16, 2024
Listing date (Tentative)	Feb 07, 2024	Feb 19, 2024
Anchor Lockin End date 1	Mar 06, 2024	Mar 16, 2024
Anchor Lockin End date 2	May 05, 2024	May 15, 2024

Financials

Gabriel Pet Straps IPO P/E ratio is 35.94, as compared to WTI Cabs IPO P/E ratio of 24.81.

Gabriel Pet Straps IPO

WTI Cabs 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

Wise Travel India Limited Financial Information (Restated)

Wise Travel India Limited's revenue increased by 178.67% and profit after tax (PAT) rose by 172.5% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	13,427.82	12,161.21	6,002.64	5,271.17
Revenue	19,016.53	24,997.04	8,970.00	4,405.51
Profit After Tax	1,132.91	1,029.36	377.74	172.85
Net Worth	5,194.36	4,061.45	2,832.10	2,454.36
Reserves and Surplus	3,457.28	3,745.62	2,537.10	2,159.36
Total Borrowing	1,627.55	1,674.50	216.32	56.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

95.63%

Promoter Shareholding (Post-Issue)

69.84%

69.76%

P/E Ratio

35.94

24.81

Market Cap

₹26.73 Cr.

₹350.03 Cr.

ROE

23.99%%

29.79%%

ROCE

46.89%%

22.90%%

Debt/Equity

1.19

0.65

EPS

₹2.81

₹5.91

RoNW

20.83%%

25.28%%

Shares Offered

In the Gabriel Pet Straps IPO retail investors (RII) are offered 3,76,800 shares while in WTI Cabs IPO retail investors are offered 3,76,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Gabriel Pet Straps IPO and 11,91,000 shares in WTI Cabs IPO.

	Gabriel Pet Straps IPO	WTI Cabs IPO
Anchor Investor Reserveration		17,85,000 shares
Market Maker Reserveration	44,400 shares	4,38,000 shares
QIB	0 shares	11,91,000 shares
NII	3,76,800 shares	8,94,000 shares
RII	3,76,800 shares	20,84,000 shares
Employee	0 shares	0 shares
Others
Total	7,53,600 shares	42,18,000 shares

Bids Received (Subscription)

Gabriel Pet Straps IPO subscribed 246.20x in total, whereas WTI Cabs IPO subscribed 163.46x.

	Gabriel Pet Straps IPO	WTI Cabs IPO
QIB (times)		106.69x
NII (times)	361.56x	375.56x
Big NII (times)
Small NII (times)
RII (times)	122.92x	108.76x
Employee (times)
Other (times)
Total (times)	246.20x	163.46x

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Gabriel Pet Straps IPO	WTI Cabs IPO
Polysil Irrigation Systems IPO	Atmastco IPO
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WTI Cabs IPO	Kalahridhaan Trendz IPO
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Italian Edibles IPO	Rudra Gas Enterprise IPO
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Docmode Health Technologies IPO	Italian Edibles IPO
Harshdeep Hortico IPO	Gabriel Pet Straps IPO
Megatherm Induction IPO	Mayank Cattle Food IPO
DelaPlex IPO	Docmode Health Technologies IPO

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