Comparison between Banka BioLoo IPO and Bhatia Communications IPO.
IPO Details
Banka BioLoo IPO is a SME Fixed Price IPO proposed to list at NSE SME while Bhatia Communications IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Banka BioLoo IPO is up to ₹11.95 Cr whereas the issue size of the Bhatia Communications IPO is up to ₹23.49 Cr. The final issue price of Banka BioLoo IPO is ₹115.00 per share and of Bhatia Communications IPO is ₹150.00 per share.
| | Banka BioLoo IPO | Bhatia Communications IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹115.00 per share | ₹150.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1200 shares | 1000 shares |
| Fresh Issue Size | 10,39,200 shares | 13,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.95 Cr | up to ₹19.74 Cr |
| OFS Issue Size | 0 shares | 2,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹3.75 Cr |
| Issue Size Total | 10,39,200 shares | 15,66,000 shares |
| Issue Size Total (Amount) | up to ₹11.95 Cr | up to ₹23.49 Cr |
IPO Timetable
Banka BioLoo IPO opens on Feb 05, 2018, while Bhatia Communications IPO opens on Feb 08, 2018. The closing date of Banka BioLoo IPO and Bhatia Communications IPO is Feb 16, 2018, and Feb 12, 2018, respectively.
| | Banka BioLoo IPO | Bhatia Communications IPO |
|---|
| Issue Open | Feb 05, 2018 | Feb 08, 2018 |
| Issue Close | Feb 16, 2018 | Feb 12, 2018 |
| Basis Of Allotment (Tentative) | Feb 12, 2018 | Feb 16, 2018 |
| Initiation of Refunds (Tentative) | Feb 14, 2018 | |
| Credit of Share (Tentative) | Feb 15, 2018 | |
| Listing date (Tentative) | Feb 27, 2018 | Feb 20, 2018 |
Financials & KPIs
Banka BioLoo IPO P/E ratio is , as compared to Bhatia Communications IPO P/E ratio of .
Shares Offered
In the Banka BioLoo IPO Retail Individual Investors (RII) are offered 5,19,600 shares while in Bhatia Communications IPO retail investors are offered 5,19,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Banka BioLoo IPO and 0 shares in Bhatia Communications IPO.
| | Banka BioLoo IPO | Bhatia Communications IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 58,800 shares | 84,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 5,19,600 shares | 7,83,000 shares |
| RII | 5,19,600 shares | 7,83,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 10,39,200 shares | 15,66,000 shares |
Bids Received (Subscription)
Banka BioLoo IPO subscribed 1.03x in total, whereas Bhatia Communications IPO subscribed 1.36x.