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.
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 IPO | Empyrean Cashews IPO |
|---|
| Issue Open | Mar 14, 2022 | Mar 21, 2022 |
| Issue Close | Mar 16, 2022 | Mar 23, 2022 |
| Basis Of Allotment (Tentative) | Mar 21, 2022 | Mar 28, 2022 |
| Initiation of Refunds (Tentative) | | Mar 30, 2022 |
| Credit of Share (Tentative) | | Mar 30, 2022 |
| Listing date (Tentative) | Mar 24, 2022 | Mar 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.
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 IPO | Empyrean Cashews IPO |
|---|
| Market Maker Reservation | 2,64,000 shares | 2,64,000 shares |
| NII | 23,68,000 shares | 24,91,500 shares |
| RII | 23,68,000 shares | 24,91,500 shares |
| Total | 47,36,000 shares | 49,83,000 shares |
Bids Received (Subscription)
Bhatia Colour Chem IPO subscribed 1.43x in total, whereas Empyrean Cashews IPO subscribed 2.28x.