Bikewo Green Tech IPO vs SD Retail IPO

Comparison between Bikewo Green Tech IPO and SD Retail IPO.

IPO Details

Bikewo Green Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while SD Retail IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Bikewo Green Tech IPO is up to ₹22.88 Cr whereas the issue size of the SD Retail IPO is up to ₹61.70 Cr. The final issue price of Bikewo Green Tech IPO is ₹62.00 per share and of SD Retail IPO is ₹131.00 per share.

 Bikewo Green Tech IPOSD Retail IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹59.00 per share₹124.00 per share
Issue Price (Upper)₹62.00 per share₹131.00 per share
Issue Price (Final)₹62.00 per share₹131.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size36,90,000 shares47,10,000 shares
Fresh Issue Size (Amount)up to ₹22.88 Crup to ₹61.70 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,90,000 shares47,10,000 shares
Issue Size Total (Amount)up to ₹22.88 Crup to ₹61.70 Cr

IPO Timetable

Bikewo Green Tech IPO opens on Sep 20, 2024, while SD Retail IPO opens on Sep 20, 2024. The closing date of Bikewo Green Tech IPO and SD Retail IPO is Sep 24, 2024, and Sep 24, 2024, respectively.

 Bikewo Green Tech IPOSD Retail IPO
Anchor Bid DateSep 19, 2024
Issue OpenSep 20, 2024Sep 20, 2024
Issue CloseSep 24, 2024Sep 24, 2024
Basis Of Allotment (Tentative)Sep 25, 2024Sep 25, 2024
Initiation of Refunds (Tentative)Sep 26, 2024Sep 26, 2024
Credit of Share (Tentative)Sep 26, 2024Sep 26, 2024
Listing date (Tentative)Sep 27, 2024Sep 27, 2024
Anchor Lockin End date 1Oct 24, 2024
Anchor Lockin End date 2Dec 23, 2024

Financials & KPIs

Bikewo Green Tech IPO P/E ratio is 33.95, as compared to SD Retail IPO P/E ratio of 23.73.

 Bikewo Green Tech IPOSD Retail IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets31.5119.6214.97
Total Income25.1420.6213.92
Profit After Tax1.670.100.15
NET Worth16.777.237.13
Total Borrowing14.1912.397.84
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets122.2688.3677.60
Total Income163.28135.69128.74
Profit After Tax7.604.3010.11
NET Worth41.8034.2029.90
Reserves and Surplus40.5533.5829.27
Total Borrowing43.5520.5118.44
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)8988.82
Promoter Shareholding (Post-Issue)62.4865.29
P/E Ratio33.9523.73
Market Cap₹80.87 Cr.₹245.26 Cr.
ROE13.946.29
ROCE10.8715.61
Debt/Equity1.04
EPS₹1.83₹5.52
RoNW13.9418.18

Shares Offered

In the Bikewo Green Tech IPO Retail Individual Investors (RII) are offered 17,52,000 shares while in SD Retail IPO retail investors are offered 17,52,000 shares. Qualified Institutional Buyers (QIB) are offered 1,86,000 shares in Bikewo Green Tech IPO and 9,42,000 shares in SD Retail IPO.

 Bikewo Green Tech IPOSD Retail IPO
Anchor Investor Reservation14,12,000 shares
Market Maker Reservation1,96,000 shares2,50,000 shares
QIB1,86,000 shares9,42,000 shares
NII17,52,000 shares7,07,000 shares
RII17,52,000 shares16,49,000 shares
Employee
Others
Total36,90,000 shares47,10,000 shares

Bids Received (Subscription)

Bikewo Green Tech IPO subscribed 41.82x in total, whereas SD Retail IPO subscribed 97.08x.

 Bikewo Green Tech IPOSD Retail IPO
QIB (times)43.03x69.84x
NII (times)22.48x207.62x
Big NII (times)
Small NII (times)
RII (times)61.04x65.25x
Employee (times)
Other (times)
Total (times)41.82x97.08x

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