Comparison between Abha Power IPO and Ganesh Infraworld IPO.
IPO Details
Abha Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ganesh Infraworld IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Abha Power IPO is up to ₹36.58 Cr whereas the issue size of the Ganesh Infraworld IPO is up to ₹88.72 Cr. The final issue price of Abha Power IPO is ₹75.00 per share and of Ganesh Infraworld IPO is ₹83.00 per share.
| | Abha Power 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 | ₹83.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 38,76,800 shares | 1,06,89,600 shares |
| Fresh Issue Size (Amount) | up to ₹29.08 Cr | up to ₹88.72 Cr |
| OFS Issue Size | 10,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.50 Cr | up to ₹0.00 Cr |
| Issue Size Total | 48,76,800 shares | 1,06,89,600 shares |
| Issue Size Total (Amount) | up to ₹36.58 Cr | up to ₹88.72 Cr |
IPO Timetable
Abha Power IPO opens on Nov 27, 2024, while Ganesh Infraworld IPO opens on Nov 29, 2024. The closing date of Abha Power IPO and Ganesh Infraworld IPO is Nov 29, 2024, and Dec 03, 2024, respectively.
| | Abha Power 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 & KPIs
Abha Power IPO P/E ratio is 28.65, as compared to Ganesh Infraworld IPO P/E ratio of 16.47.
Shares Offered
In the Abha Power IPO Retail Individual Investors (RII) are offered 24,38,400 shares while in Ganesh Infraworld IPO retail investors are offered 24,38,400 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Abha Power IPO and 21,37,600 shares in Ganesh Infraworld IPO.
| | Abha Power IPO | Ganesh Infraworld IPO |
|---|
| Anchor Investor Reservation | 0 shares | 32,03,200 shares |
| Market Maker Reservation | 2,62,400 shares | 11,87,200 shares |
| QIB | 0 shares | 21,37,600 shares |
| NII | 24,38,400 shares | 16,04,800 shares |
| RII | 24,38,400 shares | 37,44,000 shares |
| Employee | 0 shares | |
| Others | | |
| Total | 48,76,800 shares | 1,06,89,600 shares |
Bids Received (Subscription)
Abha Power IPO subscribed 17.50x in total, whereas Ganesh Infraworld IPO subscribed 258.82x.