Comparison between Bhavik Enterprises IPO and True Colors IPO.
IPO Details
Bhavik Enterprises IPO is a SME Bookbuilding IPO proposed to list at BSE SME while True Colors IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Bhavik Enterprises IPO is up to ₹73.08 Cr whereas the issue size of the True Colors IPO is up to ₹121.54 Cr. The final issue price of Bhavik Enterprises IPO is ₹140.00 per share and of True Colors IPO is ₹191.00 per share.
| | Bhavik Enterprises IPO | True Colors IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹181.00 per share |
| Issue Price (Upper) | | ₹191.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹191.00 per share |
| Discount (Retail) | | |
| Discount (Employee) | | |
| Market Lot Size | 1000 shares | 600 shares |
| Fresh Issue Size | 42,20,000 shares | 53,63,600 shares |
| Fresh Issue Size (Amount) | up to ₹59.08 Cr | up to ₹102.44 Cr |
| OFS Issue Size | 10,00,000 shares | 10,00,000 shares |
| OFS Issue Size (Amount) | up to ₹14.00 Cr | up to ₹19.10 Cr |
| Issue Size Total | 52,20,000 shares | 63,63,600 shares |
| Issue Size Total (Amount) | up to ₹73.08 Cr | up to ₹121.54 Cr |
IPO Timetable
Bhavik Enterprises IPO opens on Sep 25, 2025, while True Colors IPO opens on Sep 23, 2025. The closing date of Bhavik Enterprises IPO and True Colors IPO is Sep 30, 2025, and Sep 25, 2025, respectively.
| | Bhavik Enterprises IPO | True Colors IPO |
|---|
| Anchor Bid Date | | Sep 22, 2025 |
| Issue Open | Sep 25, 2025 | Sep 23, 2025 |
| Issue Close | Sep 30, 2025 | Sep 25, 2025 |
| Basis Of Allotment (Tentative) | Oct 01, 2025 | Sep 26, 2025 |
| Initiation of Refunds (Tentative) | Oct 03, 2025 | Sep 29, 2025 |
| Credit of Share (Tentative) | Oct 03, 2025 | Sep 29, 2025 |
| Listing date (Tentative) | Oct 06, 2025 | Sep 30, 2025 |
| Anchor Lockin End date 1 | | Oct 25, 2025 |
| Anchor Lockin End date 2 | | Dec 24, 2025 |
Financials & KPIs
Bhavik Enterprises IPO P/E ratio is 39.07, as compared to True Colors IPO P/E ratio of 14.66.
Shares Offered
In the Bhavik Enterprises IPO Retail Individual Investors (RII) are offered 26,10,000 shares while in True Colors IPO retail investors are offered 26,10,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Bhavik Enterprises IPO and 12,70,800 shares in True Colors IPO.
| | Bhavik Enterprises IPO | True Colors IPO |
|---|
| Anchor Investor Reservation | 0 shares | 19,05,600 shares |
| Market Maker Reservation | 2,80,000 shares | 3,36,000 shares |
| QIB | 0 shares | 12,70,800 shares |
| NII | 26,10,000 shares | 9,57,600 shares |
| RII | 26,10,000 shares | 22,29,600 shares |
| Employee | 0 shares | 0 shares |
| Others | | |
| Total | 52,20,000 shares | 63,63,600 shares |
Bids Received (Subscription)
Bhavik Enterprises IPO subscribed 0.98x in total, whereas True Colors IPO subscribed 31.84x.
