Comparison between Advait Infratech IPO and Billwin Industries IPO.
IPO Details
Advait Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Billwin Industries IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Advait Infratech IPO is up to ₹6.54 Cr whereas the issue size of the Billwin Industries IPO is up to ₹2.33 Cr. The final issue price of Advait Infratech IPO is ₹51.00 per share and of Billwin Industries IPO is ₹37.00 per share.
IPO Timetable
Advait Infratech IPO opens on Sep 15, 2020, while Billwin Industries IPO opens on Jun 18, 2020. The closing date of Advait Infratech IPO and Billwin Industries IPO is Sep 18, 2020, and Jun 22, 2020, respectively.
| | Advait Infratech IPO | Billwin Industries IPO |
|---|
| Issue Open | Sep 15, 2020 | Jun 18, 2020 |
| Issue Close | Sep 18, 2020 | Jun 22, 2020 |
| Basis Of Allotment (Tentative) | Sep 25, 2020 | Jun 25, 2020 |
| Initiation of Refunds (Tentative) | Sep 28, 2020 | |
| Credit of Share (Tentative) | Sep 29, 2020 | |
| Listing date (Tentative) | Sep 28, 2020 | Jun 30, 2020 |
Financials & KPIs
Advait Infratech IPO P/E ratio is , as compared to Billwin Industries IPO P/E ratio of 264.
Shares Offered
In the Advait Infratech IPO Retail Individual Investors (RII) are offered 6,41,000 shares while in Billwin Industries IPO retail investors are offered 6,41,000 shares. Qualified Institutional Buyers (QIB) are offered in Advait Infratech IPO and in Billwin Industries IPO.
| | Advait Infratech IPO | Billwin Industries IPO |
|---|
| Market Maker Reservation | 68,000 shares | 36,000 shares |
| NII | 6,41,000 shares | 3,15,000 shares |
| RII | 6,41,000 shares | 3,15,000 shares |
| Total | 12,82,000 shares | 6,30,000 shares |
Bids Received (Subscription)
Advait Infratech IPO subscribed 2.02x in total, whereas Billwin Industries IPO subscribed 1.37x.
