Comparison between Accuracy Shipping IPO and Bright Solar IPO.
IPO Details
Accuracy Shipping IPO is a SME Fixed Price IPO proposed to list at NSE SME while Bright Solar IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Accuracy Shipping IPO is up to ₹33.94 Cr whereas the issue size of the Bright Solar IPO is up to ₹18.47 Cr. The final issue price of Accuracy Shipping IPO is ₹84.00 per share and of Bright Solar IPO is ₹36.00 per share.
IPO Timetable
Accuracy Shipping IPO opens on Jun 11, 2018, while Bright Solar IPO opens on Jun 26, 2018. The closing date of Accuracy Shipping IPO and Bright Solar IPO is Jun 14, 2018, and Jun 29, 2018, respectively.
| | Accuracy Shipping IPO | Bright Solar IPO |
|---|
| Anchor Bid Date | Jun 08, 2018 | |
| Issue Open | Jun 11, 2018 | Jun 26, 2018 |
| Issue Close | Jun 14, 2018 | Jun 29, 2018 |
| Basis Of Allotment (Tentative) | Jun 19, 2018 | Jul 04, 2018 |
| Initiation of Refunds (Tentative) | Jun 20, 2018 | Jul 06, 2018 |
| Credit of Share (Tentative) | Jun 21, 2018 | Jul 06, 2018 |
| Listing date (Tentative) | Jun 22, 2018 | Jul 09, 2018 |
| Anchor Lockin End date 1 | Jul 19, 2018 | |
Financials & KPIs
Accuracy Shipping IPO P/E ratio is , as compared to Bright Solar IPO P/E ratio of .
Shares Offered
In the Accuracy Shipping IPO Retail Individual Investors (RII) are offered 14,14,400 shares while in Bright Solar IPO retail investors are offered 14,14,400 shares. Qualified Institutional Buyers (QIB) are offered 8,28,800 shares in Accuracy Shipping IPO and 0 shares in Bright Solar IPO.
| | Accuracy Shipping IPO | Bright Solar IPO |
|---|
| Anchor Investor Reservation | 11,90,400 shares | 0 shares |
| Market Maker Reservation | 2,17,600 shares | 2,70,000 shares |
| QIB | 8,28,800 shares | 0 shares |
| NII | 6,06,400 shares | 25,65,000 shares |
| RII | 14,14,400 shares | 25,65,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 40,40,000 shares | 51,30,000 shares |
Bids Received (Subscription)
Accuracy Shipping IPO subscribed 1.06x in total, whereas Bright Solar IPO subscribed 1.85x.
