Advait Infratech IPO vs Billwin Industries IPO

Comparison between Advait Infratech IPO and Billwin Industries IPO.

IPO Details

Advait Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Billwin Industries IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Advait Infratech IPO is up to ₹6.54 Cr whereas the issue size of the Billwin Industries IPO is up to ₹2.33 Cr. The final issue price of Advait Infratech IPO is ₹51.00 per share and of Billwin Industries IPO is ₹37.00 per share.

 Advait Infratech IPOBillwin Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹37.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size12,82,000 shares6,30,000 shares
Fresh Issue Size (Amount)up to ₹6.54 Crup to ₹2.33 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,82,000 shares6,30,000 shares
Issue Size Total (Amount)up to ₹6.54 Crup to ₹2.33 Cr

IPO Timetable

Advait Infratech IPO opens on Sep 15, 2020, while Billwin Industries IPO opens on Jun 18, 2020. The closing date of Advait Infratech IPO and Billwin Industries IPO is Sep 18, 2020, and Jun 22, 2020, respectively.

 Advait Infratech IPOBillwin Industries IPO
Issue OpenSep 15, 2020Jun 18, 2020
Issue CloseSep 18, 2020Jun 22, 2020
Basis Of Allotment (Tentative)Sep 25, 2020Jun 25, 2020
Initiation of Refunds (Tentative)Sep 28, 2020
Credit of Share (Tentative)Sep 29, 2020
Listing date (Tentative)Sep 28, 2020Jun 30, 2020

Financials & KPIs

Advait Infratech IPO P/E ratio is , as compared to Billwin Industries IPO P/E ratio of 264.

 Advait Infratech IPOBillwin Industries IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets51.5644.3733.16
Total Income45.8128.5245.32
Profit After Tax0.542.496.21
NET Worth19.3718.8716.31
Reserves and Surplus15.6215.0816.30
Total Borrowing9.895.950.69
Amount in ₹ Crore

Company Financials (Restated)

Period Ended05 Mar 202031 Mar 201931 Mar 201831 Mar 2017
Assets7.330.342.170.12
Total Income0.380.611.850.46
Profit After Tax0.030.110.110.00
EBITDA0.070.160.160.01
NET Worth2.740.160.130.01
Reserves and Surplus2.010.100.120.00
Total Borrowing3.530.010.090.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%100%
Promoter Shareholding (Post-Issue)73.51%68.74%
P/E Ratio264
Market Cap₹26.01 Cr.₹7.88 Cr.

Shares Offered

In the Advait Infratech IPO Retail Individual Investors (RII) are offered 6,41,000 shares while in Billwin Industries IPO retail investors are offered 6,41,000 shares. Qualified Institutional Buyers (QIB) are offered in Advait Infratech IPO and in Billwin Industries IPO.

 Advait Infratech IPOBillwin Industries IPO
Market Maker Reservation68,000 shares36,000 shares
NII6,41,000 shares3,15,000 shares
RII6,41,000 shares3,15,000 shares
Total12,82,000 shares6,30,000 shares

Bids Received (Subscription)

Advait Infratech IPO subscribed 2.02x in total, whereas Billwin Industries IPO subscribed 1.37x.

 Advait Infratech IPOBillwin Industries IPO
NII (times)1.61x2.15x
RII (times)2.44x0.58x
Total (times)2.02x1.37x

Compare with others

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Advait Infratech IPO Vs Billwin Industries IPO