Comparison between Belrise Industries IPO and Indogulf Cropsciences IPO.
Belrise Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Indogulf Cropsciences IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Belrise Industries IPO is up to ₹2,150.00 Cr whereas the issue size of the Indogulf Cropsciences IPO is up to ₹200.00 Cr. The final issue price of Belrise Industries IPO is ₹90.00 per share and of Indogulf Cropsciences IPO is ₹111.00 per share.
| Belrise Industries IPO | Indogulf Cropsciences IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹85.00 per share | ₹105.00 per share |
| Issue Price (Upper) | ₹90.00 per share | ₹111.00 per share |
| Issue Price (Final) | ₹90.00 per share | ₹111.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹11.00 per share | |
| Market Lot Size | 166 shares | 135 shares |
| Fresh Issue Size | 23,88,88,888 shares | 1,44,36,541 shares |
| Fresh Issue Size (Amount) | up to ₹2,150.00 Cr | up to ₹160.05 Cr |
| OFS Issue Size | 0 shares | 36,03,603 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹39.95 Cr |
| Issue Size Total | 23,88,88,888 shares | 1,80,40,144 shares |
| Issue Size Total (Amount) | up to ₹2,150.00 Cr | up to ₹200.00 Cr |
Belrise Industries IPO opens on May 21, 2025, while Indogulf Cropsciences IPO opens on Jun 26, 2025. The closing date of Belrise Industries IPO and Indogulf Cropsciences IPO is May 23, 2025, and Jun 30, 2025, respectively.
| Belrise Industries IPO | Indogulf Cropsciences IPO | |
|---|---|---|
| Anchor Bid Date | May 20, 2025 | Jun 25, 2025 |
| Issue Open | May 21, 2025 | Jun 26, 2025 |
| Issue Close | May 23, 2025 | Jun 30, 2025 |
| Basis Of Allotment (Tentative) | May 26, 2025 | Jul 01, 2025 |
| Initiation of Refunds (Tentative) | May 27, 2025 | Jul 02, 2025 |
| Credit of Share (Tentative) | May 27, 2025 | Jul 02, 2025 |
| Listing date (Tentative) | May 28, 2025 | Jul 03, 2025 |
| Anchor Lockin End date 1 | Jun 25, 2025 | Jul 31, 2025 |
| Anchor Lockin End date 2 | Aug 24, 2025 | Sep 29, 2025 |
Belrise Industries IPO P/E ratio is 16.61, as compared to Indogulf Cropsciences IPO P/E ratio of 19.18.
| Belrise Industries IPO | Indogulf Cropsciences IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.81 | 96.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.01 | 68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.61 | 19.18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹8008.91 Cr. | ₹701.54 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.2% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.83% | 11.93% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.97 | 0.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.42 | ₹5.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.33% | 12.19% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Belrise Industries IPO Retail Individual Investors (RII) are offered 8,36,11,111 shares while in Indogulf Cropsciences IPO retail investors are offered 8,36,11,111 shares. Qualified Institutional Buyers (QIB) are offered 4,77,77,778 shares in Belrise Industries IPO and 34,95,495 shares in Indogulf Cropsciences IPO.
| Belrise Industries IPO | Indogulf Cropsciences IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,16,66,665 shares | 52,43,242 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 4,77,77,778 shares | 34,95,495 shares |
| NII | 3,58,33,334 shares | 26,21,622 shares |
| RII | 8,36,11,111 shares | 61,17,117 shares |
| Employee | 0 shares | 6,00,000 shares |
| Others | ||
| Total | 23,88,88,888 shares | 1,80,77,476 shares |
Belrise Industries IPO subscribed 43.14x in total, whereas Indogulf Cropsciences IPO subscribed 27.17x.
| Belrise Industries IPO | Indogulf Cropsciences IPO | |
|---|---|---|
| QIB (times) | 112.63x | 31.73x |
| NII (times) | 40.58x | 49.06x |
| Big NII (times) | 48.00x | 52.13x |
| Small NII (times) | 25.76x | 42.91x |
| RII (times) | 4.52x | 14.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 43.14x | 27.17x |
