Billwin Industries IPO vs Cospower Engineering IPO

Comparison between Billwin Industries IPO and Cospower Engineering IPO.

IPO Details

Billwin Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Cospower Engineering IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Billwin Industries IPO is up to ₹2.33 Cr whereas the issue size of the Cospower Engineering IPO is up to ₹1.92 Cr. The final issue price of Billwin Industries IPO is ₹37.00 per share and of Cospower Engineering IPO is ₹51.00 per share.

 Billwin Industries IPOCospower Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹37.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size6,30,000 shares3,76,000 shares
Fresh Issue Size (Amount)up to ₹2.33 Crup to ₹1.92 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total6,30,000 shares3,76,000 shares
Issue Size Total (Amount)up to ₹2.33 Crup to ₹1.92 Cr

IPO Timetable

Billwin Industries IPO opens on Jun 18, 2020, while Cospower Engineering IPO opens on Mar 17, 2020. The closing date of Billwin Industries IPO and Cospower Engineering IPO is Jun 22, 2020, and Mar 19, 2020, respectively.

 Billwin Industries IPOCospower Engineering IPO
Issue OpenJun 18, 2020Mar 17, 2020
Issue CloseJun 22, 2020Mar 19, 2020
Basis Of Allotment (Tentative)Jun 25, 2020
Listing date (Tentative)Jun 30, 2020Mar 30, 2020

Financials & KPIs

Billwin Industries IPO P/E ratio is 264, as compared to Cospower Engineering IPO P/E ratio of 23.

 Billwin Industries IPOCospower Engineering IPO
Financials

Company Financials (Restated)

Period Ended05 Mar 202031 Mar 201931 Mar 201831 Mar 2017
Assets7.330.342.170.12
Total Income0.380.611.850.46
Profit After Tax0.030.110.110.00
EBITDA0.070.160.160.01
NET Worth2.740.160.130.01
Reserves and Surplus2.010.100.120.00
Total Borrowing3.530.010.090.10
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201931 Mar 201931 Mar 201831 Mar 2017
Assets8.778.358.878.02
Total Income7.4913.038.619.57
Profit After Tax0.250.520.190.28
EBITDA0.631.040.640.88
NET Worth1.831.581.070.87
Reserves and Surplus0.831.430.920.72
Total Borrowing4.042.524.404.13
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)68.74%73.33%
P/E Ratio26423
Market Cap₹7.88 Cr.₹7.65 Cr.

Shares Offered

In the Billwin Industries IPO Retail Individual Investors (RII) are offered 3,15,000 shares while in Cospower Engineering IPO retail investors are offered 3,15,000 shares. Qualified Institutional Buyers (QIB) are offered in Billwin Industries IPO and in Cospower Engineering IPO.

 Billwin Industries IPOCospower Engineering IPO
Market Maker Reservation36,000 shares24,000 shares
NII3,15,000 shares1,88,000 shares
RII3,15,000 shares1,88,000 shares
Total6,30,000 shares3,76,000 shares

Bids Received (Subscription)

Billwin Industries IPO subscribed 1.37x in total, whereas Cospower Engineering IPO subscribed 1.53x.

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Billwin Industries IPO Vs Cospower Engineering IPO