Gabriel Pet Straps IPO vs Megatherm Induction IPO

Comparision between Gabriel Pet Straps IPO and Megatherm Induction IPO.

IPO Details

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

	Gabriel Pet Straps IPO	Megatherm Induction 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	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Shreni Shares Limited	Hem Finlease Private 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 Megatherm Induction IPO is up to ₹53.91 Cr. The final issue price of Gabriel Pet Straps IPO is ₹101.00 per share and of Megatherm Induction IPO is ₹108.00 per share.

	Gabriel Pet Straps IPO	Megatherm Induction IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹100.00 per share
Issue Price (Upper)		₹108.00 per share
Issue Price (Final)	₹101.00 per share	₹108.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	7,98,000 shares	49,92,000 shares
Fresh Issue Size (Amount)	up to ₹8.06 Cr	up to ₹53.91 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,98,000 shares	49,92,000 shares
Issue Size Total (Amount)	up to ₹8.06 Cr	up to ₹53.91 Cr

IPO Timetable

Gabriel Pet Straps IPO opens on Jan 31, 2024, while Megatherm Induction IPO opens on Jan 29, 2024. The closing date of Gabriel Pet Straps IPO and Megatherm Induction IPO is Feb 02, 2024, and Jan 31, 2024, respectively.

	Gabriel Pet Straps IPO	Megatherm Induction IPO
Anchor Bid Date		Jan 25, 2024
Issue Open	Jan 31, 2024	Jan 29, 2024
Issue Close	Feb 02, 2024	Jan 31, 2024
Basis Of Allotment (Tentative)	Feb 05, 2024	Feb 01, 2024
Initiation of Refunds (Tentative)	Feb 06, 2024	Feb 02, 2024
Credit of Share (Tentative)	Feb 06, 2024	Feb 02, 2024
Listing date (Tentative)	Feb 07, 2024	Feb 05, 2024
Anchor Lockin End date 1	Mar 06, 2024	Mar 02, 2024
Anchor Lockin End date 2	May 05, 2024	May 01, 2024

Financials

Gabriel Pet Straps IPO P/E ratio is 35.94, as compared to Megatherm Induction IPO P/E ratio of 10.68.

Gabriel Pet Straps IPO

Megatherm Induction 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

Megatherm Induction Limited Financial Information (Restated)

Megatherm Induction Limited's revenue increased by 41.37% and profit after tax (PAT) rose by 1171.94% 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	21,040.28	19,197.87	17,262.76	14,645.06
Revenue	14,732.31	26,643.84	18,846.92	10,927.03
Profit After Tax	759.34	1,400.41	110.10	309.12
Net Worth	5,821.98	5,062.64	3,662.23	3,512.13
Reserves and Surplus	4,437.11	4,139.39	2,738.98	2,598.88
Total Borrowing	4,480.46	4,282.04	4,038.80	4,327.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

98.92%

Promoter Shareholding (Post-Issue)

69.84%

72.71%

P/E Ratio

35.94

10.68

Market Cap

₹26.73 Cr.

₹203.48 Cr.

ROE

23.99%%

27.66%%

ROCE

46.89%%

27.47%%

Debt/Equity

1.19

1.67

EPS

₹2.81

₹10.11

RoNW

20.83%%

27.66%%

Shares Offered

In the Gabriel Pet Straps IPO retail investors (RII) are offered 3,76,800 shares while in Megatherm Induction IPO retail investors are offered 3,76,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Gabriel Pet Straps IPO and 9,48,000 shares in Megatherm Induction IPO.

	Gabriel Pet Straps IPO	Megatherm Induction IPO
Anchor Investor Reserveration		14,22,000 shares
Market Maker Reserveration	44,400 shares	2,50,800 shares
QIB	0 shares	9,48,000 shares
NII	3,76,800 shares	7,11,600 shares
RII	3,76,800 shares	16,59,600 shares
Employee	0 shares	0 shares
Others
Total	7,53,600 shares	33,19,200 shares

Bids Received (Subscription)

Gabriel Pet Straps IPO subscribed 246.20x in total, whereas Megatherm Induction IPO subscribed 196.11x.

	Gabriel Pet Straps IPO	Megatherm Induction IPO
QIB (times)		105.14x
NII (times)	361.56x	307.04x
Big NII (times)
Small NII (times)
RII (times)	122.92x	200.51x
Employee (times)
Other (times)
Total (times)	246.20x	196.11x

Compare with others

Gabriel Pet Straps IPO	Megatherm Induction IPO
Polysil Irrigation Systems IPO	Italian Edibles IPO
Rudra Gas Enterprise IPO	Gabriel Pet Straps IPO
WTI Cabs IPO	Mayank Cattle Food IPO
Alpex Solar IPO	Docmode Health Technologies IPO
Italian Edibles IPO	Harshdeep Hortico IPO
Mayank Cattle Food IPO	DelaPlex IPO
Docmode Health Technologies IPO	Baweja Studios IPO
Harshdeep Hortico IPO	Fonebook IPO
Megatherm Induction IPO	Brisk Technovision IPO
DelaPlex IPO	Qualitek Labs IPO

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