Comparison between Bhanderi Infracon IPO and SPS Finquest IPO.
Bhanderi Infracon IPO is a SME Fixed Price IPO proposed to list at BSE SME while SPS Finquest IPO is a SME Fixed Price proposed to list at BSE SME.
| Bhanderi Infracon IPO | SPS Finquest IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Choice Capital Advisors Pvt.Ltd. | Monarch Networth Capital Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Universal Capital Securities Pvt.Ltd. |
| Market Maker | Joindre Capital Services Ltd. | Wellworth Share & Stock Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bhanderi Infracon IPO is up to ₹6.26 Cr whereas the issue size of the SPS Finquest IPO is up to ₹19.97 Cr. The final issue price of Bhanderi Infracon IPO is ₹120.00 per share and of SPS Finquest IPO is ₹75.00 per share.
| Bhanderi Infracon IPO | SPS Finquest IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹120.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 5,22,000 shares | 26,62,400 shares |
| Fresh Issue Size (Amount) | up to ₹6.26 Cr | up to ₹19.97 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 | 5,22,000 shares | 26,62,400 shares |
| Issue Size Total (Amount) | up to ₹6.26 Cr | up to ₹19.97 Cr |
Bhanderi Infracon IPO opens on Jul 22, 2014, while SPS Finquest IPO opens on May 21, 2014. The closing date of Bhanderi Infracon IPO and SPS Finquest IPO is Jul 25, 2014, and May 23, 2014, respectively.
| Bhanderi Infracon IPO | SPS Finquest IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 22, 2014 | May 21, 2014 |
| Issue Close | Jul 25, 2014 | May 23, 2014 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 08, 2014 | Jun 03, 2014 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bhanderi Infracon IPO P/E ratio is , as compared to SPS Finquest IPO P/E ratio of .
| Bhanderi Infracon IPO | SPS Finquest IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.97 | 99.95 | ||||
| Promoter Shareholding (Post-Issue) | 73.25 | 37.18 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹24.24 Cr. | ₹33.78 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 7.66 | 0.04 |
In the Bhanderi Infracon IPO Retail Individual Investors (RII) are offered 2,56,200 shares while in SPS Finquest IPO retail investors are offered 2,56,200 shares. Qualified Institutional Buyers (QIB) are offered in Bhanderi Infracon IPO and in SPS Finquest IPO.
| Bhanderi Infracon IPO | SPS Finquest IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 27,600 shares | 1,68,000 shares |
| QIB | ||
| NII | 2,56,200 shares | 13,30,400 shares |
| RII | 2,56,200 shares | 13,30,400 shares |
| Employee | ||
| Others | ||
| Total | 5,12,400 shares | 26,60,800 shares |
Bhanderi Infracon IPO subscribed 1.15x in total, whereas SPS Finquest IPO subscribed 1.09x.
| Bhanderi Infracon IPO | SPS Finquest IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.98x | 1.94x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.32x | 0.25x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.15x | 1.09x |
