Comparison between Bondada Engineering IPO and Zeal Global Services IPO.
Bondada Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Zeal Global Services IPO is a SME Fixed Price proposed to list at NSE SME.
| Bondada Engineering IPO | Zeal Global Services 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. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Rikhav Securities 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 Zeal Global Services IPO is up to ₹34.63 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of Zeal Global Services IPO is ₹103.00 per share.
| Bondada Engineering IPO | Zeal Global Services IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹75.00 per share | ₹103.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 54,08,000 shares | 33,62,400 shares |
| Fresh Issue Size (Amount) | up to ₹40.56 Cr | up to ₹34.63 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 | 33,62,400 shares |
| Issue Size Total (Amount) | up to ₹40.56 Cr | up to ₹34.63 Cr |
Bondada Engineering IPO opens on Aug 18, 2023, while Zeal Global Services IPO opens on Jul 28, 2023. The closing date of Bondada Engineering IPO and Zeal Global Services IPO is Aug 22, 2023, and Aug 01, 2023, respectively.
| Bondada Engineering IPO | Zeal Global Services IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 18, 2023 | Jul 28, 2023 |
| Issue Close | Aug 22, 2023 | Aug 01, 2023 |
| Basis Of Allotment (Tentative) | Aug 25, 2023 | Aug 04, 2023 |
| Initiation of Refunds (Tentative) | Aug 28, 2023 | Aug 07, 2023 |
| Credit of Share (Tentative) | Aug 29, 2023 | Aug 08, 2023 |
| Listing date (Tentative) | Aug 30, 2023 | Aug 09, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bondada Engineering IPO P/E ratio is 6.56, as compared to Zeal Global Services IPO P/E ratio of 13.83.
| Bondada Engineering IPO | Zeal Global Services IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.33 | 73.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.56 | 13.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹162.02 Cr. | ₹137.09 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.77 | 41.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.63 | 58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.07 | 0.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.43 | ₹8.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.77 | 56.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bondada Engineering IPO Retail Individual Investors (RII) are offered 27,04,000 shares while in Zeal Global Services IPO retail investors are offered 27,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Bondada Engineering IPO and in Zeal Global Services IPO.
| Bondada Engineering IPO | Zeal Global Services IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,88,000 shares | 1,77,600 shares |
| QIB | ||
| NII | 27,04,000 shares | 16,80,000 shares |
| RII | 27,04,000 shares | 16,82,400 shares |
| Employee | ||
| Others | ||
| Total | 54,08,000 shares | 33,62,400 shares |
Bondada Engineering IPO subscribed 112.28x in total, whereas Zeal Global Services IPO subscribed 4.06x.
| Bondada Engineering IPO | Zeal Global Services IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 115.46x | 4.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 100.05x | 3.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 112.28x | 4.06x |
