Baazar Style Retail IPO vs Gala Precision Engineering IPO

Comparision between Baazar Style Retail IPO and Gala Precision Engineering IPO.

IPO Details

Baazar Style Retail IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Gala Precision Engineering IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Baazar Style Retail IPO	Gala Precision Engineering IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Intensive Fiscal Services Private Limited Jm Financial Limited	PL Capital Markets Private Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the Gala Precision Engineering IPO is up to ₹167.93 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of Gala Precision Engineering IPO is ₹529.00 per share.

	Baazar Style Retail IPO	Gala Precision Engineering IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹370.00 per share	₹503.00 per share
Issue Price (Upper)	₹389.00 per share	₹529.00 per share
Issue Price (Final)	₹389.00 per share	₹529.00 per share
Discount (Retail)
Discount (Employee)	₹35.00 per share
Market Lot Size	38 shares	28 shares
Fresh Issue Size	38,04,627 shares	25,58,416 shares
Fresh Issue Size (Amount)	up to ₹148.00 Cr	up to ₹135.34 Cr
OFS Issue Size	1,76,52,320 shares	6,16,000 shares
OFS Issue Size (Amount)	up to ₹686.68 Cr	up to ₹32.59 Cr
Issue Size Total	2,14,56,947 shares	31,74,416 shares
Issue Size Total (Amount)	up to ₹834.68 Cr	up to ₹167.93 Cr

IPO Timetable

Baazar Style Retail IPO opens on Aug 30, 2024, while Gala Precision Engineering IPO opens on Sep 02, 2024. The closing date of Baazar Style Retail IPO and Gala Precision Engineering IPO is Sep 03, 2024, and Sep 04, 2024, respectively.

	Baazar Style Retail IPO	Gala Precision Engineering IPO
Anchor Bid Date	Aug 29, 2024	Aug 30, 2024
Issue Open	Aug 30, 2024	Sep 02, 2024
Issue Close	Sep 03, 2024	Sep 04, 2024
Basis Of Allotment (Tentative)	Sep 04, 2024	Sep 05, 2024
Initiation of Refunds (Tentative)	Sep 05, 2024	Sep 06, 2024
Credit of Share (Tentative)	Sep 05, 2024	Sep 06, 2024
Listing date (Tentative)	Sep 06, 2024	Sep 09, 2024
Anchor Lockin End date 1	Oct 03, 2024	Oct 04, 2024
Anchor Lockin End date 2	Dec 02, 2024	Dec 03, 2024

Financials

Baazar Style Retail IPO P/E ratio is 125.54, as compared to Gala Precision Engineering IPO P/E ratio of 23.95.

Baazar Style Retail IPO

Gala Precision Engineering IPO

Financial

Baazar Style Retail Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	1,165.97
Revenue	982.83
Profit After Tax	21.94
Net Worth	212.56
Reserves and Surplus	180.2
Total Borrowing	178.23
Amount in ₹ Crore

Gala Precision Engineering Limited Financial Information (Restated)

Gala Precision Engineering Limited's revenue increased by 22% and profit after tax (PAT) dropped by -8% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	188.69	170.39	145.62
Revenue	204.38	167.08	147.96
Profit After Tax	22.33	24.21	6.63
Net Worth	104.45	83.66	59.32
Reserves and Surplus	94.67	81.13	56.79
Total Borrowing	55.03	58.6	56.89
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

55.03%

74.56%

Promoter Shareholding (Post-Issue)

45.6%

55.4%

P/E Ratio

125.54

23.95

Market Cap

₹2902.55 Cr.

₹670.24 Cr.

ROE

10.74%%

23.59%%

ROCE

18.39%%

19.91%%

Debt/Equity

0.76

0.53

EPS

₹3.10

₹22.09

RoNW

10.32%%

21.38%%

Shares Offered

In the Baazar Style Retail IPO retail investors (RII) are offered 75,00,934 shares while in Gala Precision Engineering IPO retail investors are offered 75,00,934 shares. Qualified institutional buyers (QIB) are offered 42,86,248 shares in Baazar Style Retail IPO and 6,33,724 shares in Gala Precision Engineering IPO.

	Baazar Style Retail IPO	Gala Precision Engineering IPO
Anchor Investor Reserveration	64,29,372 shares	9,50,586 shares
Market Maker Reserveration
QIB	42,86,248 shares	6,33,724 shares
NII	32,14,686 shares	4,75,293 shares
RII	75,00,934 shares	11,09,017 shares
Employee	28,248 shares	5,796 shares
Others
Total	1,50,30,116 shares	22,23,830 shares

Bids Received (Subscription)

Baazar Style Retail IPO subscribed 40.63x in total, whereas Gala Precision Engineering IPO subscribed 201.41x.

	Baazar Style Retail IPO	Gala Precision Engineering IPO
QIB (times)	81.83x	232.54x
NII (times)	59.41x	414.62x
Big NII (times)	69.27x	439.67x
Small NII (times)	39.68x	364.54x
RII (times)	9.07x	91.95x
Employee (times)	35.08x	258.95x
Other (times)
Total (times)	40.63x	201.41x

Compare with others

Baazar Style Retail IPO	Gala Precision Engineering IPO
P N Gadgil Jewellers IPO	Western Carriers (India) IPO
Kross IPO	P N Gadgil Jewellers IPO
Tolins Tyres IPO	Kross IPO
Shree Tirupati Balajee IPO	Tolins Tyres IPO
Gala Precision Engineering IPO	Shree Tirupati Balajee IPO
Bajaj Housing Finance IPO	Baazar Style Retail IPO
ECO Mobility IPO	Bajaj Housing Finance IPO
Premier Energies IPO	ECO Mobility IPO
Interarch Building Products IPO	Premier Energies IPO
Orient Technologies IPO	Interarch Building Products IPO

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