Comparison between Billwin Industries IPO and Suratwwala Business Group IPO.
IPO Details
Billwin Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Suratwwala Business Group 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 Suratwwala Business Group IPO is up to ₹6.54 Cr. The final issue price of Billwin Industries IPO is ₹37.00 per share and of Suratwwala Business Group IPO is ₹15.00 per share.
IPO Timetable
Billwin Industries IPO opens on Jun 18, 2020, while Suratwwala Business Group IPO opens on Aug 03, 2020. The closing date of Billwin Industries IPO and Suratwwala Business Group IPO is Jun 22, 2020, and Aug 05, 2020, respectively.
| | Billwin Industries IPO | Suratwwala Business Group IPO |
|---|
| Issue Open | Jun 18, 2020 | Aug 03, 2020 |
| Issue Close | Jun 22, 2020 | Aug 05, 2020 |
| Basis Of Allotment (Tentative) | Jun 25, 2020 | Aug 10, 2020 |
| Initiation of Refunds (Tentative) | | Aug 11, 2020 |
| Credit of Share (Tentative) | | Aug 12, 2020 |
| Listing date (Tentative) | Jun 30, 2020 | Aug 13, 2020 |
Financials & KPIs
Billwin Industries IPO P/E ratio is 264, as compared to Suratwwala Business Group IPO P/E ratio of 83.
Shares Offered
In the Billwin Industries IPO Retail Individual Investors (RII) are offered 3,15,000 shares while in Suratwwala Business Group IPO retail investors are offered 3,15,000 shares. Qualified Institutional Buyers (QIB) are offered in Billwin Industries IPO and in Suratwwala Business Group IPO.
| | Billwin Industries IPO | Suratwwala Business Group IPO |
|---|
| Market Maker Reservation | 36,000 shares | 2,40,000 shares |
| NII | 3,15,000 shares | 21,76,000 shares |
| RII | 3,15,000 shares | 21,84,000 shares |
| Total | 6,30,000 shares | 43,60,000 shares |
Bids Received (Subscription)
Billwin Industries IPO subscribed 1.37x in total, whereas Suratwwala Business Group IPO subscribed 1.31x.
