Comparison between Arunaya Organics IPO and Bhavik Enterprises IPO.
Arunaya Organics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Bhavik Enterprises IPO is a SME Fixed Price proposed to list at BSE SME.
| Arunaya Organics IPO | Bhavik Enterprises IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Unistone Capital Pvt.Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | R.K.Stock Holding Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arunaya Organics IPO is up to ₹32.27 Cr whereas the issue size of the Bhavik Enterprises IPO is up to ₹73.08 Cr. The final issue price of Arunaya Organics IPO is ₹58.00 per share and of Bhavik Enterprises IPO is ₹140.00 per share.
| Arunaya Organics IPO | Bhavik Enterprises IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹55.00 per share | |
| Issue Price (Upper) | ₹58.00 per share | |
| Issue Price (Final) | ₹58.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 49,64,000 shares | 42,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹28.79 Cr | up to ₹59.08 Cr |
| OFS Issue Size | 6,00,000 shares | 10,00,000 shares |
| OFS Issue Size (Amount) | up to ₹3.48 Cr | up to ₹14.00 Cr |
| Issue Size Total | 55,64,000 shares | 52,20,000 shares |
| Issue Size Total (Amount) | up to ₹32.27 Cr | up to ₹73.08 Cr |
Arunaya Organics IPO opens on Apr 29, 2025, while Bhavik Enterprises IPO opens on Sep 25, 2025. The closing date of Arunaya Organics IPO and Bhavik Enterprises IPO is May 02, 2025, and Sep 30, 2025, respectively.
| Arunaya Organics IPO | Bhavik Enterprises IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 29, 2025 | Sep 25, 2025 |
| Issue Close | May 02, 2025 | Sep 30, 2025 |
| Basis Of Allotment (Tentative) | May 05, 2025 | Oct 01, 2025 |
| Initiation of Refunds (Tentative) | May 06, 2025 | Oct 03, 2025 |
| Credit of Share (Tentative) | May 06, 2025 | Oct 03, 2025 |
| Listing date (Tentative) | May 07, 2025 | Oct 06, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arunaya Organics IPO P/E ratio is 17.55, as compared to Bhavik Enterprises IPO P/E ratio of 39.07.
| Arunaya Organics IPO | Bhavik Enterprises IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)Bhavik Enterprises Ltd.'s revenue increased by 6% and profit after tax (PAT) dropped by 28% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.72 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.79 | 72.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.55 | 39.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹101.72 Cr. | ₹285.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44.15% | 5.97% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 55.71% | 7.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.30 | ₹3.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.27% | 5.80% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arunaya Organics IPO Retail Individual Investors (RII) are offered 22,26,000 shares while in Bhavik Enterprises IPO retail investors are offered 22,26,000 shares. Qualified Institutional Buyers (QIB) are offered 11,12,000 shares in Arunaya Organics IPO and 0 shares in Bhavik Enterprises IPO.
| Arunaya Organics IPO | Bhavik Enterprises IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 2,96,000 shares | 2,80,000 shares |
| QIB | 11,12,000 shares | 0 shares |
| NII | 22,26,000 shares | 26,10,000 shares |
| RII | 22,26,000 shares | 26,10,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 55,64,000 shares | 52,20,000 shares |
Arunaya Organics IPO subscribed 2.53x in total, whereas Bhavik Enterprises IPO subscribed 1.07x.
| Arunaya Organics IPO | Bhavik Enterprises IPO | |
|---|---|---|
| QIB (times) | 1.01x | |
| NII (times) | 1.49x | 1.30x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.33x | 0.67x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.53x | 1.07x |
