Gopal Namkeen IPO vs Popular Vehicles & Services IPO

Comparision between Gopal Namkeen IPO and Popular Vehicles & Services IPO.

IPO Details

Gopal Namkeen IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Popular Vehicles & Services IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Gopal Namkeen IPO	Popular Vehicles & Services 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	Intensive Fiscal Services Private Limited Axis Capital Limited Jm Financial Limited	ICICI Securities Limited Nuvama Wealth Management Limited Centrum 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 Gopal Namkeen IPO is up to ₹650.00 Cr whereas the issue size of the Popular Vehicles & Services IPO is up to ₹601.55 Cr. The final issue price of Gopal Namkeen IPO is ₹401.00 per share and of Popular Vehicles & Services IPO is ₹295.00 per share.

	Gopal Namkeen IPO	Popular Vehicles & Services IPO
Face Value	₹1 per share	₹2 per share
Issue Price (Lower)	₹381.00 per share	₹280.00 per share
Issue Price (Upper)	₹401.00 per share	₹295.00 per share
Issue Price (Final)	₹401.00 per share	₹295.00 per share
Discount (Retail)
Discount (Employee)	₹38.00 per share	₹28.00 per share
Market Lot Size	37 shares	50 shares
Fresh Issue Size		84,78,130 shares
Fresh Issue Size (Amount)		up to ₹250.00 Cr
OFS Issue Size	1,62,18,612 shares	1,19,17,075 shares
OFS Issue Size (Amount)	up to ₹650.00 Cr	up to ₹351.55 Cr
Issue Size Total	1,62,18,612 shares	2,03,95,205 shares
Issue Size Total (Amount)	up to ₹650.00 Cr	up to ₹601.55 Cr

IPO Timetable

Gopal Namkeen IPO opens on Mar 06, 2024, while Popular Vehicles & Services IPO opens on Mar 12, 2024. The closing date of Gopal Namkeen IPO and Popular Vehicles & Services IPO is Mar 11, 2024, and Mar 14, 2024, respectively.

	Gopal Namkeen IPO	Popular Vehicles & Services IPO
Anchor Bid Date	Mar 05, 2024	Mar 11, 2024
Issue Open	Mar 06, 2024	Mar 12, 2024
Issue Close	Mar 11, 2024	Mar 14, 2024
Basis Of Allotment (Tentative)	Mar 12, 2024	Mar 15, 2024
Initiation of Refunds (Tentative)	Mar 13, 2024	Mar 18, 2024
Credit of Share (Tentative)	Mar 13, 2024	Mar 18, 2024
Listing date (Tentative)	Mar 14, 2024	Mar 19, 2024
Anchor Lockin End date 1	Apr 11, 2024	Apr 14, 2024
Anchor Lockin End date 2	Jun 10, 2024	Jun 13, 2024

Financials

Gopal Namkeen IPO P/E ratio is 44.47, as compared to Popular Vehicles & Services IPO P/E ratio of 28.88.

Gopal Namkeen IPO

Popular Vehicles & Services IPO

Financial

Gopal Snacks Limited Financial Information (Restated)

Gopal Snacks Limited's revenue increased by 3.1% and profit after tax (PAT) rose by 170.52% 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	434.54	461.28	399.72	341.89
Revenue	677.97	1,398.54	1,356.48	1,129.84
Profit After Tax	55.57	112.37	41.54	21.12
Net Worth	346.10	290.88	177.66	135.74
Reserves and Surplus	333.17	277.60	176.56	135.03
Total Borrowing	26.05	106.37	164.12	138.99
Amount in ₹ Crore

Popular Vehicles & Services Limited Financial Information (Restated Consolidated)

Popular Vehicles & Services Limited's revenue increased by 40.42% and profit after tax (PAT) rose by 90.31% 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	1,941.78	1,503.78	1,263.29	1,118.94
Revenue	2,848.21	4,892.63	3,484.20	2,919.25
Profit After Tax	40.04	64.07	33.67	32.46
Net Worth	384.21	343.04	279.89	246.00
Reserves and Surplus	371.67	330.50	267.34	233.46
Total Borrowing	764.61	505.01	371.91	353.04
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

93.50%

69.45%

Promoter Shareholding (Post-Issue)

81.49%

61.17%

P/E Ratio

44.47

28.88

Market Cap

₹4996.64 Cr.

₹2100.28 Cr.

ROE

16.05%%

10.42%%

ROCE

20.83%%

8.83%%

Debt/Equity

0.08

1.99

EPS

₹9.02

₹10.22

RoNW

16.05%%

10.42%%

Shares Offered

In the Gopal Namkeen IPO retail investors (RII) are offered 56,42,768 shares while in Popular Vehicles & Services IPO retail investors are offered 56,42,768 shares. Qualified institutional buyers (QIB) are offered 32,24,439 shares in Gopal Namkeen IPO and 40,71,551 shares in Popular Vehicles & Services IPO.

	Gopal Namkeen IPO	Popular Vehicles & Services IPO
Anchor Investor Reserveration	48,36,657 shares	61,07,325 shares
Market Maker Reserveration
QIB	32,24,439 shares	40,71,551 shares
NII	24,18,329 shares	30,53,663 shares
RII	56,42,768 shares	71,25,213 shares
Employee	96,419 shares	37,453 shares
Others
Total	1,13,81,955 shares	1,42,87,880 shares

Bids Received (Subscription)

Gopal Namkeen IPO subscribed 9.50x in total, whereas Popular Vehicles & Services IPO subscribed 1.25x.

	Gopal Namkeen IPO	Popular Vehicles & Services IPO
QIB (times)	18.42x	1.92x
NII (times)	10.00x	0.67x
Big NII (times)	10.72x	0.67x
Small NII (times)	8.12x	0.68x
RII (times)	4.22x	1.07x
Employee (times)	7.27x	8.04x
Other (times)
Total (times)	9.50x	1.25x

Compare with others

Gopal Namkeen IPO	Popular Vehicles & Services IPO
JNK India IPO	Indegene IPO
VI FPO	JNK India IPO
Bharti Hexacom IPO	VI FPO
SRM Contractors IPO	Bharti Hexacom IPO
Popular Vehicles & Services IPO	SRM Contractors IPO
Krystal Integrated Services IPO	Gopal Namkeen IPO
JG Chemicals IPO	Krystal Integrated Services IPO
Bharat Highways InvIT	JG Chemicals IPO
GPT Healthcare IPO	Bharat Highways InvIT
Juniper Hotels IPO	GPT Healthcare IPO

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