Active Clothing IPO vs Benara Bearings IPO

Comparison between Active Clothing IPO and Benara Bearings IPO.

IPO Details

Active Clothing IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Benara Bearings IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Active Clothing IPO is up to ₹25.22 Cr whereas the issue size of the Benara Bearings IPO is up to ₹31.78 Cr. The final issue price of Active Clothing IPO is ₹65.00 per share and of Benara Bearings IPO is ₹63.00 per share.

 Active Clothing IPOBenara Bearings IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹65.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size38,80,000 shares50,44,000 shares
Fresh Issue Size (Amount)up to ₹25.22 Crup to ₹31.78 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,80,000 shares50,44,000 shares
Issue Size Total (Amount)up to ₹25.22 Crup to ₹31.78 Cr

IPO Timetable

Active Clothing IPO opens on Mar 12, 2018, while Benara Bearings IPO opens on Mar 20, 2018. The closing date of Active Clothing IPO and Benara Bearings IPO is Mar 16, 2018, and Mar 22, 2018, respectively.

 Active Clothing IPOBenara Bearings IPO
Issue OpenMar 12, 2018Mar 20, 2018
Issue CloseMar 16, 2018Mar 22, 2018
Basis Of Allotment (Tentative)Mar 21, 2018Mar 28, 2018
Listing date (Tentative)Mar 26, 2018Apr 03, 2018

Financials & KPIs

Active Clothing IPO P/E ratio is , as compared to Benara Bearings IPO P/E ratio of .

 Active Clothing IPOBenara Bearings IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets118.95109.9898.3784.88
Total Income99.12120.05112.09110.68
Profit After Tax1.871.861.531.54
NET Worth31.1129.4927.6226.01
Reserves and Surplus30.9229.3127.4325.82
Total Borrowing71.9861.5357.3745.13
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets70.9461.1951.5243.84
Total Income46.14104.3880.2471.81
Profit After Tax2.584.550.760.46
NET Worth22.6020.0115.4611.70
Reserves and Surplus19.5016.9212.369.20
Total Borrowing37.8733.8627.1123.15
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.89%99.91%
Promoter Shareholding (Post-Issue)73.58%69.91%
Market Cap₹100.83 Cr.₹111.56 Cr.

Shares Offered

In the Active Clothing IPO Retail Individual Investors (RII) are offered 19,40,000 shares while in Benara Bearings IPO retail investors are offered 19,40,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Active Clothing IPO and 0 shares in Benara Bearings IPO.

 Active Clothing IPOBenara Bearings IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,06,000 shares2,72,000 shares
QIB0 shares0 shares
NII19,40,000 shares24,84,000 shares
RII19,40,000 shares24,84,000 shares
Employee0 shares76,000 shares
Total38,80,000 shares50,44,000 shares

Bids Received (Subscription)

Active Clothing IPO subscribed 1.17x in total, whereas Benara Bearings IPO subscribed 1.91x.

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Active Clothing IPO Vs Benara Bearings IPO