Comparison between Advait Infratech IPO and Bonlon Industries IPO.
IPO Details
Advait Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Bonlon Industries IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Advait Infratech IPO is up to ₹6.54 Cr whereas the issue size of the Bonlon Industries IPO is up to ₹9.99 Cr. The final issue price of Advait Infratech IPO is ₹51.00 per share and of Bonlon Industries IPO is ₹28.00 per share.
IPO Timetable
Advait Infratech IPO opens on Sep 15, 2020, while Bonlon Industries IPO opens on Jun 30, 2020. The closing date of Advait Infratech IPO and Bonlon Industries IPO is Sep 18, 2020, and Jul 03, 2020, respectively.
| | Advait Infratech IPO | Bonlon Industries IPO |
|---|
| Issue Open | Sep 15, 2020 | Jun 30, 2020 |
| Issue Close | Sep 18, 2020 | Jul 03, 2020 |
| Basis Of Allotment (Tentative) | Sep 25, 2020 | Jul 08, 2020 |
| Initiation of Refunds (Tentative) | Sep 28, 2020 | |
| Credit of Share (Tentative) | Sep 29, 2020 | |
| Listing date (Tentative) | Sep 28, 2020 | Jul 13, 2020 |
Financials & KPIs
Advait Infratech IPO P/E ratio is , as compared to Bonlon Industries IPO P/E ratio of 7.39.
Shares Offered
In the Advait Infratech IPO Retail Individual Investors (RII) are offered 6,41,000 shares while in Bonlon Industries IPO retail investors are offered 6,41,000 shares. Qualified Institutional Buyers (QIB) are offered in Advait Infratech IPO and in Bonlon Industries IPO.
| | Advait Infratech IPO | Bonlon Industries IPO |
|---|
| Market Maker Reservation | 68,000 shares | 1,88,000 shares |
| NII | 6,41,000 shares | 17,84,000 shares |
| RII | 6,41,000 shares | 17,84,000 shares |
| Total | 12,82,000 shares | 35,68,000 shares |
Bids Received (Subscription)
Advait Infratech IPO subscribed 2.02x in total, whereas Bonlon Industries IPO subscribed 1.36x.