Bhakti Gems IPO vs Vadivarhe Speciality Chemicals IPO

Comparison between Bhakti Gems IPO and Vadivarhe Speciality Chemicals IPO.

IPO Details

Bhakti Gems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vadivarhe Speciality Chemicals IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Bhakti Gems IPO is up to ₹3.72 Cr whereas the issue size of the Vadivarhe Speciality Chemicals IPO is up to ₹13.71 Cr. The final issue price of Bhakti Gems IPO is ₹20.00 per share and of Vadivarhe Speciality Chemicals IPO is ₹42.00 per share.

 Bhakti Gems IPOVadivarhe Speciality Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹42.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares3000 shares
Fresh Issue Size18,60,000 shares5,09,000 shares
Fresh Issue Size (Amount)up to ₹3.72 Crup to ₹2.14 Cr
OFS Issue Size0 shares27,55,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹11.57 Cr
Issue Size Total18,60,000 shares32,64,000 shares
Issue Size Total (Amount)up to ₹3.72 Crup to ₹13.71 Cr

IPO Timetable

Bhakti Gems IPO opens on May 17, 2017, while Vadivarhe Speciality Chemicals IPO opens on May 22, 2017. The closing date of Bhakti Gems IPO and Vadivarhe Speciality Chemicals IPO is May 22, 2017, and May 25, 2017, respectively.

 Bhakti Gems IPOVadivarhe Speciality Chemicals IPO
Issue OpenMay 17, 2017May 22, 2017
Issue CloseMay 22, 2017May 25, 2017
Basis Of Allotment (Tentative)May 25, 2017May 30, 2017
Listing date (Tentative)May 30, 2017Jun 02, 2017

Financials & KPIs

Bhakti Gems IPO P/E ratio is , as compared to Vadivarhe Speciality Chemicals IPO P/E ratio of .

 Bhakti Gems IPOVadivarhe Speciality Chemicals IPO
Financials

Company Financials (Restated)

Period Ended28 Feb 201731 Mar 201631 Mar 201531 Mar 2014
Assets8.624.943.663.51
Total Income20.6319.3018.4111.22
Profit After Tax0.490.010.010.00
NET Worth6.432.811.241.22
Reserves and Surplus1.662.250.990.97
Total Borrowing1.632.130.79
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets45.4134.0529.43
Total Income35.3726.4319.13
Profit After Tax5.793.383.98
NET Worth23.6917.9014.52
Reserves and Surplus11.5913.069.68
Total Borrowing11.208.5711.24
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.69%99.81%
Promoter Shareholding (Post-Issue)63.86%72.88%
Market Cap₹13.63 Cr.₹53.69 Cr.

Shares Offered

In the Bhakti Gems IPO Retail Individual Investors (RII) are offered 9,30,000 shares while in Vadivarhe Speciality Chemicals IPO retail investors are offered 9,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Bhakti Gems IPO and 0 shares in Vadivarhe Speciality Chemicals IPO.

 Bhakti Gems IPOVadivarhe Speciality Chemicals IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,02,000 shares1,80,000 shares
QIB0 shares
NII9,30,000 shares16,32,000 shares
RII9,30,000 shares16,32,000 shares
Employee0 shares
Total18,60,000 shares32,64,000 shares

Bids Received (Subscription)

Bhakti Gems IPO subscribed 2.82x in total, whereas Vadivarhe Speciality Chemicals IPO subscribed 42.89x.

 Bhakti Gems IPOVadivarhe Speciality Chemicals IPO
NII (times)0.00x49.11x
RII (times)0.00x36.67x
Total (times)2.82x42.89x

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Bhakti Gems IPO Vs Vadivarhe Speciality Chemicals IPO