Bondada Engineering IPO vs Crop Life Science IPO

Comparison between Bondada Engineering IPO and Crop Life Science IPO.

IPO Details

Bondada Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Crop Life Science IPO is a SME Fixed Price proposed to list at NSE SME.

	Bondada Engineering IPO	Crop Life Science IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	BSE SME	NSE SME
Lead Managers	Vivro Financial Services Pvt.Ltd.	Interactive Financial Services Ltd.
Registrar	Kfin Technologies Ltd.	Purva Sharegistry (India) Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Nikunj Stock Brokers Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Bondada Engineering IPO is up to ₹40.56 Cr whereas the issue size of the Crop Life Science IPO is up to ₹25.38 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of Crop Life Science IPO is ₹52.00 per share.

	Bondada Engineering IPO	Crop Life Science IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹75.00 per share	₹52.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	54,08,000 shares	48,80,000 shares
Fresh Issue Size (Amount)	up to ₹40.56 Cr	up to ₹25.38 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	54,08,000 shares	48,80,000 shares
Issue Size Total (Amount)	up to ₹40.56 Cr	up to ₹25.38 Cr

IPO Timetable

Bondada Engineering IPO opens on Aug 18, 2023, while Crop Life Science IPO opens on Aug 18, 2023. The closing date of Bondada Engineering IPO and Crop Life Science IPO is Aug 22, 2023, and Aug 22, 2023, respectively.

	Bondada Engineering IPO	Crop Life Science IPO
Anchor Bid Date
Issue Open	Aug 18, 2023	Aug 18, 2023
Issue Close	Aug 22, 2023	Aug 22, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Aug 25, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Aug 28, 2023
Credit of Share (Tentative)	Aug 29, 2023	Aug 29, 2023
Listing date (Tentative)	Aug 30, 2023	Aug 30, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Bondada Engineering IPO P/E ratio is 6.56, as compared to Crop Life Science IPO P/E ratio of 14.29.

Bondada Engineering IPO

Crop Life Science IPO

Financials

Bondada Engineering IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	17,091.69	15,761.73	25,115.46
Total Income	28,832.29	33,420.96	37,095.77
Profit After Tax	920.55	1,013.53	1,825.19
Net Worth	4,775.88	5,789.41	7,837.54
Reserves and Surplus	4,693.88	5,707.41	6,246.93
Total Borrowing	4,667.31	3,803.23	8,422.65

Amount in ₹ Lakhs

Crop Life Science IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	7,645.16	8,630.18	9,457.75	10,471.64
Total Income	13,531.18	11,950.18	10,238.92	12,323.43
Profit After Tax	323.00	370.46	281.41	436.66
Net Worth	2,925.61	3,287.06	3,526.33	4,038.51
Reserves and Surplus	1,770.01	2,114.88	2,401.86	2,838.51
Total Borrowing	1,594.40	1,747.29	2,093.03	2,682.32

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.00

100.00

Promoter Shareholding (Post-Issue)

63.33

70.01

P/E Ratio

6.56

14.29

Market Cap

₹162.02 Cr.

ROE

22.77%

11.54%

ROCE

35.63%

18.63

Debt/Equity

1.07

0.68

EPS

₹11.43

₹3.64

RoNW

22.77%

10.81%

Shares Offered

In the Bondada Engineering IPO Retail Individual Investors (RII) are offered 27,04,000 shares while in Crop Life Science IPO retail investors are offered 27,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Bondada Engineering IPO and in Crop Life Science IPO.

	Bondada Engineering IPO	Crop Life Science IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,88,000 shares	2,60,000 shares
QIB
NII	27,04,000 shares	24,40,000 shares
RII	27,04,000 shares	24,40,000 shares
Employee
Others
Total	54,08,000 shares	48,80,000 shares

Bids Received (Subscription)

Bondada Engineering IPO subscribed 112.28x in total, whereas Crop Life Science IPO subscribed 4.36x.

	Bondada Engineering IPO	Crop Life Science IPO
QIB (times)
NII (times)	115.46x	1.56x
Big NII (times)
Small NII (times)
RII (times)	100.05x	7.15x
Employee (times)
Other (times)
Total (times)	112.28x	4.36x

Compare with others

Bondada Engineering IPO	Crop Life Science IPO
C P S Shapers IPO	Mono Pharmacare IPO
Mono Pharmacare IPO	Sungarner Energies IPO
Sungarner Energies IPO	Sahaj Fashions IPO
Sahaj Fashions IPO	Shoora Designs IPO
Shoora Designs IPO	Bondada Engineering IPO
Crop Life Science IPO	Shelter Pharma IPO
Shelter Pharma IPO	Sangani Hospitals IPO
Sangani Hospitals IPO	Yudiz Solutions IPO
Yudiz Solutions IPO	Zeal Global Services IPO
Zeal Global Services IPO	Oriana Power IPO