Comparison between BCB Finance IPO and Max Alert Systems IPO.
BCB Finance IPO is a SME Fixed Price IPO proposed to list at BSE SME while Max Alert Systems IPO is a SME Fixed Price proposed to list at BSE SME.
| BCB Finance IPO | Max Alert Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Comfort Securities Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Sharepro Services Pvt.Ltd. |
| Market Maker | IKAB Securities & Investment Ltd. | Comfort Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of BCB Finance IPO is up to ₹7.25 Cr whereas the issue size of the Max Alert Systems IPO is up to ₹6.80 Cr. The final issue price of BCB Finance IPO is ₹25.00 per share and of Max Alert Systems IPO is ₹20.00 per share.
| BCB Finance IPO | Max Alert Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹25.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 6000 shares |
| Fresh Issue Size | 29,00,000 shares | 34,02,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.25 Cr | up to ₹6.80 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 29,00,000 shares | 34,02,000 shares |
| Issue Size Total (Amount) | up to ₹7.25 Cr | up to ₹6.80 Cr |
BCB Finance IPO opens on Feb 23, 2012, while Max Alert Systems IPO opens on Jun 28, 2012. The closing date of BCB Finance IPO and Max Alert Systems IPO is Feb 27, 2012, and Jul 02, 2012, respectively.
| BCB Finance IPO | Max Alert Systems IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 23, 2012 | Jun 28, 2012 |
| Issue Close | Feb 27, 2012 | Jul 02, 2012 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 13, 2012 | Jul 13, 2012 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
BCB Finance IPO P/E ratio is , as compared to Max Alert Systems IPO P/E ratio of .
| BCB Finance IPO | Max Alert Systems IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.95 | ||||
| Promoter Shareholding (Post-Issue) | 69.22 | 56.48 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹28.76 Cr. | ₹18.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 2.06 | 32.05 |
In the BCB Finance IPO Retail Individual Investors (RII) are offered 14,50,000 shares while in Max Alert Systems IPO retail investors are offered 14,50,000 shares. Qualified Institutional Buyers (QIB) are offered in BCB Finance IPO and in Max Alert Systems IPO.
| BCB Finance IPO | Max Alert Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 6,40,000 shares | 6,00,000 shares |
| QIB | ||
| NII | 14,50,000 shares | 17,00,000 shares |
| RII | 14,50,000 shares | 17,00,000 shares |
| Employee | ||
| Others | ||
| Total | 29,00,000 shares | 34,00,000 shares |
BCB Finance IPO subscribed 1.11x in total, whereas Max Alert Systems IPO subscribed 1.28x.
| BCB Finance IPO | Max Alert Systems IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.55x | 2.40x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.68x | 0.17x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.11x | 1.28x |
