Comparison between Bharat Highways InvIT InvIT and SRM Contractors IPO.
Bharat Highways InvIT InvIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SRM Contractors IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bharat Highways InvIT InvIT is up to ₹2,500.00 Cr whereas the issue size of the SRM Contractors IPO is up to ₹130.20 Cr. The final issue price of Bharat Highways InvIT InvIT is ₹100.00 per share and of SRM Contractors IPO is ₹210.00 per share.
| Bharat Highways InvIT InvIT | SRM Contractors IPO | |
|---|---|---|
| Face Value | ₹10 per share | |
| Issue Price (Lower) | ₹98.00 per share | ₹200.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹210.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹210.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 150 shares | 70 shares |
| Fresh Issue Size | 24,99,99,900 shares | 62,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹2,500.00 Cr | up to ₹130.20 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 | 24,99,99,900 shares | 62,00,000 shares |
| Issue Size Total (Amount) | up to ₹2,500.00 Cr | up to ₹130.20 Cr |
Bharat Highways InvIT InvIT opens on Feb 28, 2024, while SRM Contractors IPO opens on Mar 26, 2024. The closing date of Bharat Highways InvIT InvIT and SRM Contractors IPO is Mar 01, 2024, and Mar 28, 2024, respectively.
| Bharat Highways InvIT InvIT | SRM Contractors IPO | |
|---|---|---|
| Anchor Bid Date | Feb 27, 2024 | Mar 22, 2024 |
| Issue Open | Feb 28, 2024 | Mar 26, 2024 |
| Issue Close | Mar 01, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Mar 06, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Mar 07, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Mar 07, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Mar 12, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | Apr 05, 2024 | May 01, 2024 |
| Anchor Lockin End date 2 | Jun 04, 2024 | Jun 30, 2024 |
Bharat Highways InvIT InvIT P/E ratio is , as compared to SRM Contractors IPO P/E ratio of 18.76.
| Bharat Highways InvIT InvIT | SRM Contractors IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹481.83 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bharat Highways InvIT InvIT Retail Individual Investors (RII) are offered 0 shares while in SRM Contractors IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 5,50,65,000 shares in Bharat Highways InvIT InvIT and 12,40,100 shares in SRM Contractors IPO.
| Bharat Highways InvIT InvIT | SRM Contractors IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,25,97,350 shares | 18,59,900 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 5,50,65,000 shares | 12,40,100 shares |
| NII | 4,58,87,550 shares | 9,30,000 shares |
| RII | 0 shares | 21,70,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 24,99,99,900 shares | 62,00,000 shares |
Bharat Highways InvIT InvIT subscribed 6.74x in total, whereas SRM Contractors IPO subscribed 86.57x.
| Bharat Highways InvIT InvIT | SRM Contractors IPO | |
|---|---|---|
| QIB (times) | 6.59x | 59.59x |
| NII (times) | 214.94x | |
| Big NII (times) | 220.57x | |
| Small NII (times) | 203.67x | |
| RII (times) | 46.97x | |
| Employee (times) | ||
| Other (times) | 6.93x | |
| Total (times) | 6.74x | 86.57x |
