Comparison between Ambani Organics IPO and Bright Solar IPO.
IPO Details
Ambani Organics 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 Ambani Organics IPO is up to ₹8.55 Cr whereas the issue size of the Bright Solar IPO is up to ₹18.47 Cr. The final issue price of Ambani Organics IPO is ₹66.00 per share and of Bright Solar IPO is ₹36.00 per share.
| | Ambani Organics IPO | Bright Solar IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹66.00 per share | ₹36.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 11,96,000 shares | 51,30,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.89 Cr | up to ₹18.47 Cr |
| OFS Issue Size | 1,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.66 Cr | up to ₹0.00 Cr |
| Issue Size Total | 12,96,000 shares | 51,30,000 shares |
| Issue Size Total (Amount) | up to ₹8.55 Cr | up to ₹18.47 Cr |
IPO Timetable
Ambani Organics IPO opens on Jul 06, 2018, while Bright Solar IPO opens on Jun 26, 2018. The closing date of Ambani Organics IPO and Bright Solar IPO is Jul 10, 2018, and Jun 29, 2018, respectively.
| | Ambani Organics IPO | Bright Solar IPO |
|---|
| Issue Open | Jul 06, 2018 | Jun 26, 2018 |
| Issue Close | Jul 10, 2018 | Jun 29, 2018 |
| Basis Of Allotment (Tentative) | Jul 13, 2018 | Jul 04, 2018 |
| Initiation of Refunds (Tentative) | | Jul 06, 2018 |
| Credit of Share (Tentative) | | Jul 06, 2018 |
| Listing date (Tentative) | Jul 18, 2018 | Jul 09, 2018 |
Financials & KPIs
Ambani Organics IPO P/E ratio is , as compared to Bright Solar IPO P/E ratio of .
Shares Offered
In the Ambani Organics IPO Retail Individual Investors (RII) are offered 6,48,000 shares while in Bright Solar IPO retail investors are offered 6,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ambani Organics IPO and 0 shares in Bright Solar IPO.
| | Ambani Organics IPO | Bright Solar IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 72,000 shares | 2,70,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 6,48,000 shares | 25,65,000 shares |
| RII | 6,48,000 shares | 25,65,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 12,96,000 shares | 51,30,000 shares |
Bids Received (Subscription)
Ambani Organics IPO subscribed 1.44x in total, whereas Bright Solar IPO subscribed 1.85x.
