Billwin Industries IPO vs RO Jewels IPO

Comparison between Billwin Industries IPO and RO Jewels IPO.

IPO Details

Billwin Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while RO Jewels 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 RO Jewels IPO is up to ₹4.67 Cr. The final issue price of Billwin Industries IPO is ₹37.00 per share and of RO Jewels IPO is ₹36.00 per share.

 Billwin Industries IPORO Jewels IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹37.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size6,30,000 shares12,96,000 shares
Fresh Issue Size (Amount)up to ₹2.33 Crup to ₹4.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total6,30,000 shares12,96,000 shares
Issue Size Total (Amount)up to ₹2.33 Crup to ₹4.67 Cr

IPO Timetable

Billwin Industries IPO opens on Jun 18, 2020, while RO Jewels IPO opens on Mar 12, 2020. The closing date of Billwin Industries IPO and RO Jewels IPO is Jun 22, 2020, and Mar 17, 2020, respectively.

 Billwin Industries IPORO Jewels IPO
Issue OpenJun 18, 2020Mar 12, 2020
Issue CloseJun 22, 2020Mar 17, 2020
Basis Of Allotment (Tentative)Jun 25, 2020Mar 20, 2020
Initiation of Refunds (Tentative)Mar 23, 2020
Credit of Share (Tentative)Mar 24, 2020
Listing date (Tentative)Jun 30, 2020Mar 25, 2020

Financials & KPIs

Billwin Industries IPO P/E ratio is 264, as compared to RO Jewels IPO P/E ratio of 34.

 Billwin Industries IPORO Jewels 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 Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets5.801.792.301.56
Total Income10.474.249.765.74
Profit After Tax0.150.010.070.06
NET Worth5.171.78
Reserves and Surplus2.221.260.010.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%87.38%
Promoter Shareholding (Post-Issue)68.74%45.26%
P/E Ratio26434
Market Cap₹7.88 Cr.₹10.20 Cr.

Shares Offered

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

 Billwin Industries IPORO Jewels IPO
Market Maker Reservation36,000 shares69,000 shares
NII3,15,000 shares6,48,000 shares
RII3,15,000 shares6,48,000 shares
Total6,30,000 shares12,96,000 shares

Bids Received (Subscription)

Billwin Industries IPO subscribed 1.37x in total, whereas RO Jewels IPO subscribed 1.19x.

 Billwin Industries IPORO Jewels IPO
NII (times)2.15x1.95x
RII (times)0.58x0.43x
Total (times)1.37x1.19x

Compare with others

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Billwin Industries IPO Vs RO Jewels IPO