Gala Precision Engineering IPO vs Tolins Tyres IPO

Comparision between Gala Precision Engineering IPO and Tolins Tyres IPO.

IPO Details

Gala Precision Engineering IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tolins Tyres IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Gala Precision Engineering IPO	Tolins Tyres 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	Saffron Capital Advisors Private Limited
Registrar	Link Intime India Private Ltd	Cameo Corporate Services Limited
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 Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of Gala Precision Engineering IPO is ₹529.00 per share and of Tolins Tyres IPO is ₹226.00 per share.

	Gala Precision Engineering IPO	Tolins Tyres IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹503.00 per share	₹215.00 per share
Issue Price (Upper)	₹529.00 per share	₹226.00 per share
Issue Price (Final)	₹529.00 per share	₹226.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	28 shares	66 shares
Fresh Issue Size	25,58,416 shares	88,49,558 shares
Fresh Issue Size (Amount)	up to ₹135.34 Cr	up to ₹200.00 Cr
OFS Issue Size	6,16,000 shares	13,27,434 shares
OFS Issue Size (Amount)	up to ₹32.59 Cr	up to ₹30.00 Cr
Issue Size Total	31,74,416 shares	1,01,76,992 shares
Issue Size Total (Amount)	up to ₹167.93 Cr	up to ₹230.00 Cr

IPO Timetable

Gala Precision Engineering IPO opens on Sep 02, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of Gala Precision Engineering IPO and Tolins Tyres IPO is Sep 04, 2024, and Sep 11, 2024, respectively.

	Gala Precision Engineering IPO	Tolins Tyres IPO
Anchor Bid Date	Aug 30, 2024	Sep 06, 2024
Issue Open	Sep 02, 2024	Sep 09, 2024
Issue Close	Sep 04, 2024	Sep 11, 2024
Basis Of Allotment (Tentative)	Sep 05, 2024	Sep 12, 2024
Initiation of Refunds (Tentative)	Sep 06, 2024	Sep 13, 2024
Credit of Share (Tentative)	Sep 06, 2024	Sep 13, 2024
Listing date (Tentative)	Sep 09, 2024	Sep 16, 2024
Anchor Lockin End date 1	Oct 04, 2024	Oct 12, 2024
Anchor Lockin End date 2	Dec 03, 2024	Dec 12, 2024

Financials

Gala Precision Engineering IPO P/E ratio is 23.95, as compared to Tolins Tyres IPO P/E ratio of 26.64.

Gala Precision Engineering IPO

Tolins Tyres 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

Tolins Tyres Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	221.6
Revenue	228.69
Profit After Tax	26.01
Net Worth	100.53
Reserves and Surplus	85.07
Total Borrowing	78.77
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

74.56%

92.64%

Promoter Shareholding (Post-Issue)

55.4%

68.53%

P/E Ratio

23.95

26.64

Market Cap

₹670.24 Cr.

₹892.90 Cr.

ROE

23.59%%

25.87%%

ROCE

19.91%%

36.08%%

Debt/Equity

0.53

0.78

EPS

₹22.09

₹8.48

RoNW

21.38%%

25.87%%

Shares Offered

In the Gala Precision Engineering IPO retail investors (RII) are offered 11,09,017 shares while in Tolins Tyres 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 20,35,398 shares in Tolins Tyres IPO.

	Gala Precision Engineering IPO	Tolins Tyres IPO
Anchor Investor Reserveration	9,50,586 shares	30,53,097 shares
Market Maker Reserveration
QIB	6,33,724 shares	20,35,398 shares
NII	4,75,293 shares	15,26,549 shares
RII	11,09,017 shares	35,61,947 shares
Employee	5,796 shares	0 shares
Others
Total	22,23,830 shares	71,23,894 shares

Bids Received (Subscription)

Gala Precision Engineering IPO subscribed 201.41x in total, whereas Tolins Tyres IPO subscribed 25.03x.

	Gala Precision Engineering IPO	Tolins Tyres IPO
QIB (times)	232.54x	26.72x
NII (times)	414.62x	28.80x
Big NII (times)	439.67x	26.39x
Small NII (times)	364.54x	33.63x
RII (times)	91.95x	22.45x
Employee (times)	258.95x
Other (times)
Total (times)	201.41x	25.03x

Compare with others

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

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