BCPL Railway Infrastructure IPO vs IRIS Clothings IPO

Comparison between BCPL Railway Infrastructure IPO and IRIS Clothings IPO.

IPO Details

BCPL Railway Infrastructure IPO is a SME Fixed Price IPO proposed to list at BSE SME while IRIS Clothings IPO is a SME Fixed Price proposed to list at NSE SME.

	BCPL Railway Infrastructure IPO	IRIS Clothings IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Ltd.	VC Corporate Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Cameo Corporate Services Ltd.
Market Maker	Gretex Share Broking Pvt.Ltd.	Choice Equity Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of BCPL Railway Infrastructure IPO is up to ₹16.13 Cr whereas the issue size of the IRIS Clothings IPO is up to ₹10.51 Cr. The final issue price of BCPL Railway Infrastructure IPO is ₹35.00 per share and of IRIS Clothings IPO is ₹90.00 per share.

	BCPL Railway Infrastructure IPO	IRIS Clothings IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹35.00 per share	₹90.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	4000 shares	1600 shares
Fresh Issue Size	39,48,000 shares	11,68,000 shares
Fresh Issue Size (Amount)	up to ₹13.82 Cr	up to ₹10.51 Cr
OFS Issue Size	6,60,000 shares	0 shares
OFS Issue Size (Amount)	up to ₹2.31 Cr	up to ₹0.00 Cr
Issue Size Total	46,08,000 shares	11,68,000 shares
Issue Size Total (Amount)	up to ₹16.13 Cr	up to ₹10.51 Cr

IPO Timetable

BCPL Railway Infrastructure IPO opens on Oct 05, 2018, while IRIS Clothings IPO opens on Oct 10, 2018. The closing date of BCPL Railway Infrastructure IPO and IRIS Clothings IPO is Oct 19, 2018, and Oct 12, 2018, respectively.

	BCPL Railway Infrastructure IPO	IRIS Clothings IPO
Anchor Bid Date
Issue Open	Oct 05, 2018	Oct 10, 2018
Issue Close	Oct 19, 2018	Oct 12, 2018
Basis Of Allotment (Tentative)		Oct 17, 2018
Initiation of Refunds (Tentative)		Oct 17, 2018
Credit of Share (Tentative)		Oct 19, 2018
Listing date (Tentative)	Oct 29, 2018	Oct 23, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

BCPL Railway Infrastructure IPO P/E ratio is , as compared to IRIS Clothings IPO P/E ratio of .

BCPL Railway Infrastructure IPO

IRIS Clothings IPO

Financials

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	5,148.71	4,837.37	5,205.26	4,821.54	4,330.37
Total Revenue	5,063.59	3,498.76	2,573.92	5,552.78	3,208.67
Profit After Tax	404.55	127.20	96.11	326.91	206.83

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Jun-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	4,042.83	3,978.58	3,182.40	2,661.01	2,968.46	2,893.88
Total Revenue	1,484.70	5,310.12	4,689.14	3,699.20	3,009.49	2,498.51
Profit After Tax	117.08	337.90	159.73	64.61	24.23	68.08

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the BCPL Railway Infrastructure IPO Retail Individual Investors (RII) are offered 23,04,000 shares while in IRIS Clothings IPO retail investors are offered 23,04,000 shares. Qualified Institutional Buyers (QIB) are offered in BCPL Railway Infrastructure IPO and in IRIS Clothings IPO.

	BCPL Railway Infrastructure IPO	IRIS Clothings IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,52,000 shares	62,400 shares
QIB
NII	23,04,000 shares	5,84,000 shares
RII	23,04,000 shares	5,84,000 shares
Employee
Others
Total	46,08,000 shares	11,68,000 shares

Bids Received (Subscription)

BCPL Railway Infrastructure IPO subscribed 1.32x in total, whereas IRIS Clothings IPO subscribed 1.14x.

	BCPL Railway Infrastructure IPO	IRIS Clothings IPO
QIB (times)
NII (times)	2.16x	2.01x
Big NII (times)
Small NII (times)
RII (times)	0.48x	0.27x
Employee (times)
Other (times)
Total (times)	1.32x	1.14x

Compare with others

BCPL Railway Infrastructure IPO	IRIS Clothings IPO
Shree Krishna Infrastructure IPO	DRS Dilip Roadlines IPO
Roni Households IPO	Shree Krishna Infrastructure IPO
Shubhlaxmi Jewel Art IPO	Roni Households IPO
Ultra Wiring Connectivity IPO	Shubhlaxmi Jewel Art IPO
IRIS Clothings IPO	Ultra Wiring Connectivity IPO
S.M.Gold IPO	BCPL Railway Infrastructure IPO
AKI India IPO	S.M.Gold IPO
Veeram Infra Engineering IPO	AKI India IPO
B&B Triplewall Containers IPO	Veeram Infra Engineering IPO
Sun Retail IPO	B&B Triplewall Containers IPO