Comparison between Bondada Engineering IPO and Sungarner Energies IPO.
Bondada Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sungarner Energies IPO is a SME Fixed Price proposed to list at NSE SME.
| Bondada Engineering IPO | Sungarner Energies 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. | Novus Capital Advisors Private Limited |
| Registrar | Kfin Technologies Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bondada Engineering IPO is up to ₹40.56 Cr whereas the issue size of the Sungarner Energies IPO is up to ₹4.83 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of Sungarner Energies IPO is ₹83.00 per share.
| Bondada Engineering IPO | Sungarner Energies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹75.00 per share | ₹83.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 54,08,000 shares | 5,82,400 shares |
| Fresh Issue Size (Amount) | up to ₹40.56 Cr | up to ₹4.83 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 | 5,82,400 shares |
| Issue Size Total (Amount) | up to ₹40.56 Cr | up to ₹4.83 Cr |
Bondada Engineering IPO opens on Aug 18, 2023, while Sungarner Energies IPO opens on Aug 21, 2023. The closing date of Bondada Engineering IPO and Sungarner Energies IPO is Aug 22, 2023, and Aug 23, 2023, respectively.
| Bondada Engineering IPO | Sungarner Energies IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 18, 2023 | Aug 21, 2023 |
| Issue Close | Aug 22, 2023 | Aug 23, 2023 |
| Basis Of Allotment (Tentative) | Aug 25, 2023 | Aug 28, 2023 |
| Initiation of Refunds (Tentative) | Aug 28, 2023 | Aug 29, 2023 |
| Credit of Share (Tentative) | Aug 29, 2023 | Aug 30, 2023 |
| Listing date (Tentative) | Aug 30, 2023 | Aug 31, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bondada Engineering IPO P/E ratio is 6.56, as compared to Sungarner Energies IPO P/E ratio of 13.07.
| Bondada Engineering IPO | Sungarner Energies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.00 | 84.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.33 | 61.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.56 | 13.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹162.02 Cr. | ₹19.25 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.77% | 31.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.63% | 25.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.07 | 1.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.43 | ₹6.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.77% | 23.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bondada Engineering IPO Retail Individual Investors (RII) are offered 27,04,000 shares while in Sungarner Energies IPO retail investors are offered 27,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Bondada Engineering IPO and in Sungarner Energies IPO.
| Bondada Engineering IPO | Sungarner Energies IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,88,000 shares | 57,600 shares |
| QIB | ||
| NII | 27,04,000 shares | 2,91,200 shares |
| RII | 27,04,000 shares | 2,91,200 shares |
| Employee | ||
| Others | ||
| Total | 54,08,000 shares | 5,82,400 shares |
Bondada Engineering IPO subscribed 112.28x in total, whereas Sungarner Energies IPO subscribed 152.40x.
| Bondada Engineering IPO | Sungarner Energies IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 115.46x | 110.59x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 100.05x | 192.93x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 112.28x | 152.40x |
