Benara Bearings IPO vs Lex Nimble Solutions IPO

Comparison between Benara Bearings IPO and Lex Nimble Solutions IPO.

IPO Details

Benara Bearings IPO is a SME Fixed Price IPO proposed to list at BSE SME while Lex Nimble Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Benara Bearings IPO is up to ₹31.78 Cr whereas the issue size of the Lex Nimble Solutions IPO is up to ₹6.02 Cr. The final issue price of Benara Bearings IPO is ₹63.00 per share and of Lex Nimble Solutions IPO is ₹57.00 per share.

 Benara Bearings IPOLex Nimble Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹63.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size50,44,000 shares10,56,000 shares
Fresh Issue Size (Amount)up to ₹31.78 Crup to ₹6.02 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total50,44,000 shares10,56,000 shares
Issue Size Total (Amount)up to ₹31.78 Crup to ₹6.02 Cr

IPO Timetable

Benara Bearings IPO opens on Mar 20, 2018, while Lex Nimble Solutions IPO opens on Mar 12, 2018. The closing date of Benara Bearings IPO and Lex Nimble Solutions IPO is Mar 22, 2018, and Mar 23, 2018, respectively.

 Benara Bearings IPOLex Nimble Solutions IPO
Issue OpenMar 20, 2018Mar 12, 2018
Issue CloseMar 22, 2018Mar 23, 2018
Basis Of Allotment (Tentative)Mar 28, 2018
Listing date (Tentative)Apr 03, 2018Apr 04, 2018

Financials & KPIs

Benara Bearings IPO P/E ratio is , as compared to Lex Nimble Solutions IPO P/E ratio of .

 Benara Bearings IPOLex Nimble Solutions IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets70.9461.1951.5243.84
Total Income46.14104.3880.2471.81
Profit After Tax2.584.550.760.46
NET Worth22.6020.0115.4611.70
Reserves and Surplus19.5016.9212.369.20
Total Borrowing37.8733.8627.1123.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 201731 Mar 201731 Mar 201631 Mar 2015
Assets5.225.014.815.06
Total Income1.011.741.431.42
Profit After Tax0.120.050.120.12
EBITDA0.200.160.220.23
NET Worth4.994.834.784.67
Reserves and Surplus0.650.530.480.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.91%99.99%
Promoter Shareholding (Post-Issue)69.91%73.45%
Market Cap₹111.56 Cr.₹23.88 Cr.

Shares Offered

In the Benara Bearings IPO Retail Individual Investors (RII) are offered 24,84,000 shares while in Lex Nimble Solutions IPO retail investors are offered 24,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Benara Bearings IPO and 0 shares in Lex Nimble Solutions IPO.

 Benara Bearings IPOLex Nimble Solutions IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,72,000 shares56,000 shares
QIB0 shares0 shares
NII24,84,000 shares5,28,000 shares
RII24,84,000 shares5,28,000 shares
Employee76,000 shares0 shares
Total50,44,000 shares10,56,000 shares

Bids Received (Subscription)

Benara Bearings IPO subscribed 1.91x in total, whereas Lex Nimble Solutions IPO subscribed 1.12x.

Compare with others

Compare:

Benara Bearings IPO Vs Lex Nimble Solutions IPO