Comparison between Bondada Engineering IPO and Sungarner Energies IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Bondada Engineering IPO P/E ratio is 6.56, as compared to Sungarner Energies IPO P/E ratio of 13.07.
Shares Offered
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 |
|---|
| Market Maker Reservation | 2,88,000 shares | 57,600 shares |
| NII | 27,04,000 shares | 2,91,200 shares |
| RII | 27,04,000 shares | 2,91,200 shares |
| Total | 54,08,000 shares | 5,82,400 shares |
Bids Received (Subscription)
Bondada Engineering IPO subscribed 107.76x in total, whereas Sungarner Energies IPO subscribed 151.76x.
