Comparison between Bondada Engineering IPO and Shoora Designs IPO.
IPO Details
Bondada Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shoora Designs IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Bondada Engineering IPO is up to ₹40.56 Cr whereas the issue size of the Shoora Designs IPO is up to ₹1.90 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of Shoora Designs IPO is ₹48.00 per share.
IPO Timetable
Bondada Engineering IPO opens on Aug 18, 2023, while Shoora Designs IPO opens on Aug 17, 2023. The closing date of Bondada Engineering IPO and Shoora Designs IPO is Aug 22, 2023, and Aug 21, 2023, respectively.
| | Bondada Engineering IPO | Shoora Designs IPO |
|---|
| Issue Open | Aug 18, 2023 | Aug 17, 2023 |
| Issue Close | Aug 22, 2023 | Aug 21, 2023 |
| Basis Of Allotment (Tentative) | Aug 25, 2023 | Aug 24, 2023 |
| Initiation of Refunds (Tentative) | Aug 28, 2023 | Aug 25, 2023 |
| Credit of Share (Tentative) | Aug 29, 2023 | Aug 28, 2023 |
| Listing date (Tentative) | Aug 30, 2023 | Aug 29, 2023 |
Financials & KPIs
Bondada Engineering IPO P/E ratio is 6.56, as compared to Shoora Designs IPO P/E ratio of 35.82.
Shares Offered
In the Bondada Engineering IPO Retail Individual Investors (RII) are offered 27,04,000 shares while in Shoora Designs IPO retail investors are offered 27,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Bondada Engineering IPO and in Shoora Designs IPO.
| | Bondada Engineering IPO | Shoora Designs IPO |
|---|
| Market Maker Reservation | 2,88,000 shares | 27,000 shares |
| NII | 27,04,000 shares | 1,98,000 shares |
| RII | 27,04,000 shares | 1,98,000 shares |
| Total | 54,08,000 shares | 3,96,000 shares |
Bids Received (Subscription)
Bondada Engineering IPO subscribed 107.76x in total, whereas Shoora Designs IPO subscribed 64.20x.
