Bonlon Industries IPO vs Cospower Engineering IPO

Comparison between Bonlon Industries IPO and Cospower Engineering IPO.

IPO Details

Bonlon Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Cospower Engineering IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Bonlon Industries IPO is up to ₹9.99 Cr whereas the issue size of the Cospower Engineering IPO is up to ₹1.92 Cr. The final issue price of Bonlon Industries IPO is ₹28.00 per share and of Cospower Engineering IPO is ₹51.00 per share.

 Bonlon Industries IPOCospower Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹28.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size35,68,000 shares3,76,000 shares
Fresh Issue Size (Amount)up to ₹9.99 Crup to ₹1.92 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,68,000 shares3,76,000 shares
Issue Size Total (Amount)up to ₹9.99 Crup to ₹1.92 Cr

IPO Timetable

Bonlon Industries IPO opens on Jun 30, 2020, while Cospower Engineering IPO opens on Mar 17, 2020. The closing date of Bonlon Industries IPO and Cospower Engineering IPO is Jul 03, 2020, and Mar 19, 2020, respectively.

 Bonlon Industries IPOCospower Engineering IPO
Issue OpenJun 30, 2020Mar 17, 2020
Issue CloseJul 03, 2020Mar 19, 2020
Basis Of Allotment (Tentative)Jul 08, 2020
Listing date (Tentative)Jul 13, 2020Mar 30, 2020

Financials & KPIs

Bonlon Industries IPO P/E ratio is 7.39, as compared to Cospower Engineering IPO P/E ratio of 23.

 Bonlon Industries IPOCospower Engineering IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 201931 Mar 201931 Mar 201831 Mar 2017
Assets150.6463.0439.1347.82
Total Income186.99217.44243.13238.81
Profit After Tax13.882.820.28-1.23
NET Worth60.8546.9811.6011.32
Reserves and Surplus50.4336.558.608.32
Total Borrowing3.120.016.57
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201931 Mar 201931 Mar 201831 Mar 2017
Assets8.778.358.878.02
Total Income7.4913.038.619.57
Profit After Tax0.250.520.190.28
EBITDA0.631.040.640.88
NET Worth1.831.581.070.87
Reserves and Surplus0.831.430.920.72
Total Borrowing4.042.524.404.13
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.61%100%
Promoter Shareholding (Post-Issue)67.35%73.33%
P/E Ratio7.3923
Market Cap₹39.71 Cr.₹7.65 Cr.

Shares Offered

In the Bonlon Industries IPO Retail Individual Investors (RII) are offered 17,84,000 shares while in Cospower Engineering IPO retail investors are offered 17,84,000 shares. Qualified Institutional Buyers (QIB) are offered in Bonlon Industries IPO and in Cospower Engineering IPO.

 Bonlon Industries IPOCospower Engineering IPO
Market Maker Reservation1,88,000 shares24,000 shares
NII17,84,000 shares1,88,000 shares
RII17,84,000 shares1,88,000 shares
Total35,68,000 shares3,76,000 shares

Bids Received (Subscription)

Bonlon Industries IPO subscribed 1.36x in total, whereas Cospower Engineering IPO subscribed 1.53x.

 Bonlon Industries IPOCospower Engineering IPO
NII (times)2.51x2.36x
RII (times)0.21x0.69x
Total (times)1.36x1.53x

Compare with others

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Bonlon Industries IPO Vs Cospower Engineering IPO