Bondada Engineering IPO vs Yudiz Solutions IPO

Comparison between Bondada Engineering IPO and Yudiz Solutions IPO.

IPO Details

Bondada Engineering IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Yudiz Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.

	Bondada Engineering IPO	Yudiz Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	BSE SME	NSE SME
Lead Managers	Vivro Financial Services Pvt.Ltd.	Narnolia Financial Services Ltd.
Registrar	Kfin Technologies Ltd.	MAS Services Ltd.
Market Maker	Rikhav Securities Ltd.	Kantilal Chhaganlal Securities Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		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 Yudiz Solutions IPO is up to ₹42.58 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of Yudiz Solutions IPO is ₹165.00 per share.

	Bondada Engineering IPO	Yudiz Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹162.00 per share
Issue Price (Upper)		₹165.00 per share
Issue Price (Final)	₹75.00 per share	₹165.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	800 shares
Fresh Issue Size	54,08,000 shares	25,80,800 shares
Fresh Issue Size (Amount)	up to ₹40.56 Cr	up to ₹42.58 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	25,80,800 shares
Issue Size Total (Amount)	up to ₹40.56 Cr	up to ₹42.58 Cr

IPO Timetable

Bondada Engineering IPO opens on Aug 18, 2023, while Yudiz Solutions IPO opens on Aug 04, 2023. The closing date of Bondada Engineering IPO and Yudiz Solutions IPO is Aug 22, 2023, and Aug 08, 2023, respectively.

	Bondada Engineering IPO	Yudiz Solutions IPO
Anchor Bid Date		Aug 03, 2023
Issue Open	Aug 18, 2023	Aug 04, 2023
Issue Close	Aug 22, 2023	Aug 08, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Aug 11, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Aug 14, 2023
Credit of Share (Tentative)	Aug 29, 2023	Aug 17, 2023
Listing date (Tentative)	Aug 30, 2023	Aug 17, 2023
Anchor Lockin End date 1		Sep 10, 2023
Anchor Lockin End date 2		Nov 09, 2023

Financials & KPIs

Bondada Engineering IPO P/E ratio is 6.56, as compared to Yudiz Solutions IPO P/E ratio of 61.8.

Bondada Engineering IPO

Yudiz Solutions 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

Yudiz Solutions IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	759.86	958.58	1,701.80
Total Income	1,305.41	1,881.55	2,744.75
Profit After Tax	80.76	74.07	275.17
Net Worth	539.99	669.03	1,089.21
Reserves and Surplus
Total Borrowing

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.00

100.00

Promoter Shareholding (Post-Issue)

63.33

73.66

P/E Ratio

6.56

61.8

Market Cap

₹162.02 Cr.

₹170.27 Cr.

ROE

22.77%

25.26%

ROCE

35.63%

14.02

Debt/Equity

1.07

EPS

₹11.43

₹7.47

RoNW

22.77%

25.26%

Shares Offered

In the Bondada Engineering IPO Retail Individual Investors (RII) are offered 27,04,000 shares while in Yudiz Solutions IPO retail investors are offered 27,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Bondada Engineering IPO and 5,20,000 shares in Yudiz Solutions IPO.

	Bondada Engineering IPO	Yudiz Solutions IPO
Anchor Investor Reserveration		7,60,000 shares
Market Maker Reserveration	2,88,000 shares	1,36,800 shares
QIB		5,20,000 shares
NII	27,04,000 shares	3,92,800 shares
RII	27,04,000 shares	9,08,000 shares
Employee
Others
Total	54,08,000 shares	25,80,800 shares

Bids Received (Subscription)

Bondada Engineering IPO subscribed 112.28x in total, whereas Yudiz Solutions IPO subscribed 5.03x.

	Bondada Engineering IPO	Yudiz Solutions IPO
QIB (times)		2.81x
NII (times)	115.46x	4.77x
Big NII (times)
Small NII (times)
RII (times)	100.05x	6.41x
Employee (times)
Other (times)
Total (times)	112.28x	5.03x

Compare with others

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Crop Life Science IPO	Zeal Global Services IPO
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Yudiz Solutions IPO	Shri Techtex IPO
Zeal Global Services IPO	Vinsys IT IPO