Gala Precision Engineering IPO vs Interarch Building Products IPO

Comparision between Gala Precision Engineering IPO and Interarch Building Products IPO.

IPO Details

Gala Precision Engineering IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Interarch Building Products IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Gala Precision Engineering IPO	Interarch Building Products 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	PL Capital Markets Private Limited	Ambit Private Limited Axis Capital 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 Gala Precision Engineering IPO is up to ₹167.93 Cr whereas the issue size of the Interarch Building Products IPO is up to ₹600.29 Cr. The final issue price of Gala Precision Engineering IPO is ₹529.00 per share and of Interarch Building Products IPO is ₹900.00 per share.

	Gala Precision Engineering IPO	Interarch Building Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹503.00 per share	₹850.00 per share
Issue Price (Upper)	₹529.00 per share	₹900.00 per share
Issue Price (Final)	₹529.00 per share	₹900.00 per share
Discount (Retail)
Discount (Employee)		₹85.00 per share
Market Lot Size	28 shares	16 shares
Fresh Issue Size	25,58,416 shares	22,22,222 shares
Fresh Issue Size (Amount)	up to ₹135.34 Cr	up to ₹200.00 Cr
OFS Issue Size	6,16,000 shares	44,47,630 shares
OFS Issue Size (Amount)	up to ₹32.59 Cr	up to ₹400.29 Cr
Issue Size Total	31,74,416 shares	66,69,852 shares
Issue Size Total (Amount)	up to ₹167.93 Cr	up to ₹600.29 Cr

IPO Timetable

Gala Precision Engineering IPO opens on Sep 02, 2024, while Interarch Building Products IPO opens on Aug 19, 2024. The closing date of Gala Precision Engineering IPO and Interarch Building Products IPO is Sep 04, 2024, and Aug 21, 2024, respectively.

	Gala Precision Engineering IPO	Interarch Building Products IPO
Anchor Bid Date	Aug 30, 2024	Aug 16, 2024
Issue Open	Sep 02, 2024	Aug 19, 2024
Issue Close	Sep 04, 2024	Aug 21, 2024
Basis Of Allotment (Tentative)	Sep 05, 2024	Aug 22, 2024
Initiation of Refunds (Tentative)	Sep 06, 2024	Aug 23, 2024
Credit of Share (Tentative)	Sep 06, 2024	Aug 23, 2024
Listing date (Tentative)	Sep 09, 2024	Aug 26, 2024
Anchor Lockin End date 1	Oct 04, 2024	Sep 20, 2024
Anchor Lockin End date 2	Dec 03, 2024	Nov 19, 2024

Financials

Gala Precision Engineering IPO P/E ratio is 23.95, as compared to Interarch Building Products IPO P/E ratio of 15.04.

Gala Precision Engineering IPO

Interarch Building Products IPO

Financial

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

Interarch Building Products Limited Financial Information (Restated)

Interarch Building Products Limited's revenue increased by 15% and profit after tax (PAT) rose by 6% 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	755.01	675.03	543.75
Revenue	1,306.32	1,136.39	840.86
Profit After Tax	86.26	81.46	17.13
Net Worth	262.65	343.8	262.65
Total Borrowing	3.36	11.38	3.36
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

74.56%

87.53%

Promoter Shareholding (Post-Issue)

55.4%

59.9%

P/E Ratio

23.95

15.04

Market Cap

₹670.24 Cr.

₹1497.43 Cr.

ROE

23.59%%

19.40%%

ROCE

19.91%%

25.79%%

Debt/Equity

0.53

-0.11

EPS

₹22.09

₹59.84

RoNW

21.38%%

22.26%%

Shares Offered

In the Gala Precision Engineering IPO retail investors (RII) are offered 11,09,017 shares while in Interarch Building Products 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 13,29,526 shares in Interarch Building Products IPO.

	Gala Precision Engineering IPO	Interarch Building Products IPO
Anchor Investor Reserveration	9,50,586 shares	19,94,288 shares
Market Maker Reserveration
QIB	6,33,724 shares	13,29,526 shares
NII	4,75,293 shares	9,97,145 shares
RII	11,09,017 shares	23,26,671 shares
Employee	5,796 shares	24,539 shares
Others
Total	22,23,830 shares	46,77,881 shares

Bids Received (Subscription)

Gala Precision Engineering IPO subscribed 201.41x in total, whereas Interarch Building Products IPO subscribed 93.79x.

	Gala Precision Engineering IPO	Interarch Building Products IPO
QIB (times)	232.54x	197.29x
NII (times)	414.62x	130.91x
Big NII (times)	439.67x	148.31x
Small NII (times)	364.54x	96.11x
RII (times)	91.95x	19.46x
Employee (times)	258.95x	25.75x
Other (times)
Total (times)	201.41x	93.79x

Compare with others

Gala Precision Engineering IPO	Interarch Building Products IPO
Western Carriers (India) IPO	Gala Precision Engineering IPO
P N Gadgil Jewellers IPO	Baazar Style Retail IPO
Kross IPO	Bajaj Housing Finance IPO
Tolins Tyres IPO	ECO Mobility IPO
Shree Tirupati Balajee IPO	Premier Energies IPO
Baazar Style Retail IPO	Orient Technologies IPO
Bajaj Housing Finance IPO	Unicommerce eSolutions IPO
ECO Mobility IPO	Brainbees Solutions (Firstcry) IPO
Premier Energies IPO	Ceigall India IPO
Interarch Building Products IPO	Akums Drugs and Pharmaceuticals IPO

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