Abha Power and Steel IPO vs Ganesh Infraworld IPO

Comparision between Abha Power and Steel IPO and Ganesh Infraworld IPO.

IPO Details

Abha Power and Steel IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Ganesh Infraworld IPO is a SME Book Built Issue proposed to list at NSE SME.

	Abha Power and Steel IPO	Ganesh Infraworld IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Horizon Management Private Limited	Vivro Financial Services Private Limited
Registrar	Skyline Financial Services Private Ltd	Link Intime India Private Ltd
Market Maker	Giriraj Stock Broking Private Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Abha Power and Steel IPO is up to ₹38.54 Cr whereas the issue size of the Ganesh Infraworld IPO is up to ₹98.58 Cr. The final issue price of Abha Power and Steel IPO is ₹75.00 per share and of Ganesh Infraworld IPO is .

	Abha Power and Steel IPO	Ganesh Infraworld IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)		₹78.00 per share
Issue Price (Upper)		₹83.00 per share
Issue Price (Final)	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	41,39,200 shares	1,18,76,800 shares
Fresh Issue Size (Amount)	up to ₹31.04 Cr	up to ₹98.58 Cr
OFS Issue Size	10,00,000 shares
OFS Issue Size (Amount)	up to ₹7.50 Cr
Issue Size Total	51,39,200 shares	1,18,76,800 shares
Issue Size Total (Amount)	up to ₹38.54 Cr	up to ₹98.58 Cr

IPO Timetable

Abha Power and Steel IPO opens on Nov 27, 2024, while Ganesh Infraworld IPO opens on Nov 29, 2024. The closing date of Abha Power and Steel IPO and Ganesh Infraworld IPO is Nov 29, 2024, and Dec 03, 2024, respectively.

	Abha Power and Steel IPO	Ganesh Infraworld IPO
Anchor Bid Date		Nov 28, 2024
Issue Open	Nov 27, 2024	Nov 29, 2024
Issue Close	Nov 29, 2024	Dec 03, 2024
Basis Of Allotment (Tentative)	Dec 02, 2024	Dec 04, 2024
Initiation of Refunds (Tentative)	Dec 03, 2024	Dec 05, 2024
Credit of Share (Tentative)	Dec 03, 2024	Dec 05, 2024
Listing date (Tentative)	Dec 04, 2024	Dec 06, 2024
Anchor Lockin End date 1		Jan 03, 2025
Anchor Lockin End date 2		Mar 04, 2025

Financials

Abha Power and Steel IPO P/E ratio is 28.65, as compared to Ganesh Infraworld IPO P/E ratio of 16.47.

Abha Power and Steel IPO

Ganesh Infraworld IPO

Financial

Abha Power and Steel Limited Financial Information (Restated)

Abha Power and Steel Limited's revenue decreased by -6% and profit after tax (PAT) rose by 170% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	15 Oct 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	5,135.61	4,735.9	4,476.89	3,536.87
Revenue	3,754.92	5,182.68	5,511.82	5,498.4
Profit After Tax	361.97	378.19	140.14	-71.53
Net Worth	2,115.63	1,753.66	1,375.47	1,120.07
Reserves and Surplus	670.76	308.8	893.85	678.47
Total Borrowing	2,177.34	2,373.22	2,393.34	1,765.62
Amount in ₹ Lakhs

Ganesh Infraworld Limited Financial Information (Restated)

Ganesh Infraworld Limited's revenue increased by 116% and profit after tax (PAT) rose by 198% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Aug 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	12,006.17	17,725.32	4,266.89	2,529.77
Revenue	21,232.86	29,181.12	13,504.85	8,115.46
Profit After Tax	1,537.2	1,554.47	520.92	188.75
Net Worth	6,617.24	3,720.04	1,515.22	819.44
Reserves and Surplus	5,075.01	2,622.26
Total Borrowing	1,033.02	3,072.42	708.96	304.99
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

81.84%

Promoter Shareholding (Post-Issue)

72.35%

P/E Ratio

28.65

16.47

Market Cap

₹139.41 Cr.

₹354.59 Cr.

ROE

24.17%%

29.74%

ROCE

23.64%%

35.17%

Debt/Equity

1.35

0.16

EPS

₹2.62

₹5.04

RoNW

24.17%%

29.74%

Shares Offered

In the Abha Power and Steel IPO retail investors (RII) are offered while in Ganesh Infraworld IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Abha Power and Steel IPO and in Ganesh Infraworld IPO.

	Abha Power and Steel IPO	Ganesh Infraworld IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,62,400 shares	11,87,200 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Abha Power and Steel IPO subscribed in total, whereas Ganesh Infraworld IPO subscribed .

	Abha Power and Steel IPO	Ganesh Infraworld IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

Compare with others

Abha Power and Steel IPO	Ganesh Infraworld IPO
Ganesh Infraworld IPO	Abha Power and Steel IPO
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Apex Ecotech IPO	Apex Ecotech IPO
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Rajesh Power Services IPO	Rajesh Power Services IPO
	C2C Advanced Systems IPO

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