B-Right Realestate IPO vs Upsurge Seeds of Agriculture IPO

Comparison between B-Right Realestate IPO and Upsurge Seeds of Agriculture IPO.

IPO Details

B-Right Realestate IPO is a SME Fixed Price IPO proposed to list at BSE SME while Upsurge Seeds of Agriculture IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of B-Right Realestate IPO is up to ₹42.13 Cr whereas the issue size of the Upsurge Seeds of Agriculture IPO is up to ₹21.66 Cr. The final issue price of B-Right Realestate IPO is ₹153.00 per share and of Upsurge Seeds of Agriculture IPO is ₹120.00 per share.

 B-Right Realestate IPOUpsurge Seeds of Agriculture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹153.00 per share₹120.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares1200 shares
Fresh Issue Size27,53,600 shares18,04,800 shares
Fresh Issue Size (Amount)up to ₹42.13 Crup to ₹21.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,53,600 shares18,04,800 shares
Issue Size Total (Amount)up to ₹42.13 Crup to ₹21.66 Cr

IPO Timetable

B-Right Realestate IPO opens on Jun 30, 2022, while Upsurge Seeds of Agriculture IPO opens on Jul 29, 2022. The closing date of B-Right Realestate IPO and Upsurge Seeds of Agriculture IPO is Jul 05, 2022, and Aug 02, 2022, respectively.

Financials & KPIs

B-Right Realestate IPO P/E ratio is 164.52, as compared to Upsurge Seeds of Agriculture IPO P/E ratio of 21.35.

 B-Right Realestate IPOUpsurge Seeds of Agriculture IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 2020
Assets155.18134.42117.60
Total Income1.161.191.47
Profit After Tax0.720.580.87
NET Worth90.5389.8135.23
Reserves and Surplus89.6088.8834.60
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets40.8718.128.35
Total Income75.7762.9017.64
Profit After Tax3.960.850.22
NET Worth11.193.240.92
Reserves and Surplus6.031.270.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9896.92
Promoter Shareholding (Post-Issue)71.9270.82
P/E Ratio164.5221.35
Market Cap₹158.07 Cr.₹84.72 Cr.
ROE35.42
ROCE36.45
Debt/Equity0.290.16
EPS₹9.28₹9.79
RoNW0.6535.42

Shares Offered

In the B-Right Realestate IPO Retail Individual Investors (RII) are offered 13,76,800 shares while in Upsurge Seeds of Agriculture IPO retail investors are offered 13,76,800 shares. Qualified Institutional Buyers (QIB) are offered in B-Right Realestate IPO and in Upsurge Seeds of Agriculture IPO.

 B-Right Realestate IPOUpsurge Seeds of Agriculture IPO
Anchor Investor Reservation
Market Maker Reservation1,45,600 shares96,000 shares
QIB
NII13,76,800 shares9,02,400 shares
RII13,76,800 shares9,02,400 shares
Employee
Others
Total27,53,600 shares18,04,800 shares

Bids Received (Subscription)

B-Right Realestate IPO subscribed 1.21x in total, whereas Upsurge Seeds of Agriculture IPO subscribed 80.50x.

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B-Right Realestate IPO Vs Upsurge Seeds of Agriculture IPO