Bhatia Colour Chem IPO vs Empyrean Cashews IPO

Comparison between Bhatia Colour Chem IPO and Empyrean Cashews IPO.

IPO Details

Bhatia Colour Chem IPO is a SME Fixed Price IPO proposed to list at BSE SME while Empyrean Cashews IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Bhatia Colour Chem IPO is up to ₹37.89 Cr whereas the issue size of the Empyrean Cashews IPO is up to ₹18.44 Cr. The final issue price of Bhatia Colour Chem IPO is ₹80.00 per share and of Empyrean Cashews IPO is ₹37.00 per share.

 Bhatia Colour Chem IPOEmpyrean Cashews IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹80.00 per share₹37.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size47,36,000 shares49,83,000 shares
Fresh Issue Size (Amount)up to ₹37.89 Crup to ₹18.44 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,36,000 shares49,83,000 shares
Issue Size Total (Amount)up to ₹37.89 Crup to ₹18.44 Cr

IPO Timetable

Bhatia Colour Chem IPO opens on Mar 14, 2022, while Empyrean Cashews IPO opens on Mar 21, 2022. The closing date of Bhatia Colour Chem IPO and Empyrean Cashews IPO is Mar 16, 2022, and Mar 23, 2022, respectively.

 Bhatia Colour Chem IPOEmpyrean Cashews IPO
Issue OpenMar 14, 2022Mar 21, 2022
Issue CloseMar 16, 2022Mar 23, 2022
Basis Of Allotment (Tentative)Mar 21, 2022Mar 28, 2022
Initiation of Refunds (Tentative)Mar 30, 2022
Credit of Share (Tentative)Mar 30, 2022
Listing date (Tentative)Mar 24, 2022Mar 31, 2022

Financials & KPIs

Bhatia Colour Chem IPO P/E ratio is 166, as compared to Empyrean Cashews IPO P/E ratio of 25.69.

 Bhatia Colour Chem IPOEmpyrean Cashews IPO
Financials

Company Financials (Restated Consolidated)

Period Ended18 Feb 2022
Assets37.28
Total Income5.32
Profit After Tax0.35
EBITDA0.54
NET Worth16.67
Reserves and Surplus9.44
Total Borrowing0.16
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets71.8463.7052.7655.05
Total Income30.53115.5794.28121.06
Profit After Tax3.323.880.761.33
EBITDA5.7410.105.677.61
NET Worth25.2221.8317.9517.21
Reserves and Surplus17.6219.1715.2914.55
Total Borrowing38.7636.0829.1133.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74.65%48.5%
Promoter Shareholding (Post-Issue)44.14%34.91%
P/E Ratio16625.69
Market Cap₹97.87 Cr.₹73.24 Cr.
EPS₹0.46
RoNW3.44

Shares Offered

In the Bhatia Colour Chem IPO Retail Individual Investors (RII) are offered 23,68,000 shares while in Empyrean Cashews IPO retail investors are offered 23,68,000 shares. Qualified Institutional Buyers (QIB) are offered in Bhatia Colour Chem IPO and in Empyrean Cashews IPO.

 Bhatia Colour Chem IPOEmpyrean Cashews IPO
Market Maker Reservation2,64,000 shares2,64,000 shares
NII23,68,000 shares24,91,500 shares
RII23,68,000 shares24,91,500 shares
Total47,36,000 shares49,83,000 shares

Bids Received (Subscription)

Bhatia Colour Chem IPO subscribed 1.43x in total, whereas Empyrean Cashews IPO subscribed 2.28x.

 Bhatia Colour Chem IPOEmpyrean Cashews IPO
NII (times)2.69x2.92x
RII (times)0.18x1.63x
Total (times)1.43x2.28x

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