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Brace Port Logistics IPO vs Ideal Technoplast IPO

Comparison between Brace Port Logistics IPO and Ideal Technoplast IPO.

IPO Details

Brace Port Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ideal Technoplast IPO is a SME Fixed Price proposed to list at NSE SME.

 Brace Port Logistics IPOIdeal Technoplast IPO
LogoBrace Port Logistics IPO LogoIdeal Technoplast IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHolani Consultants Pvt.Ltd.Swastika Investmart Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHolani Consultants Pvt.Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Brace Port Logistics IPO is up to ₹23.17 Cr whereas the issue size of the Ideal Technoplast IPO is up to ₹15.22 Cr. The final issue price of Brace Port Logistics IPO is ₹80.00 per share and of Ideal Technoplast IPO is ₹121.00 per share.

 Brace Port Logistics IPOIdeal Technoplast IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹76.00 per share
Issue Price (Upper)₹80.00 per share
Issue Price (Final)₹80.00 per share₹121.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size28,96,000 shares12,58,000 shares
Fresh Issue Size (Amount)up to ₹23.17 Crup to ₹15.22 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,96,000 shares12,58,000 shares
Issue Size Total (Amount)up to ₹23.17 Crup to ₹15.22 Cr

IPO Timetable

Brace Port Logistics IPO opens on Aug 19, 2024, while Ideal Technoplast IPO opens on Aug 21, 2024. The closing date of Brace Port Logistics IPO and Ideal Technoplast IPO is Aug 21, 2024, and Aug 23, 2024, respectively.

 Brace Port Logistics IPOIdeal Technoplast IPO
Anchor Bid DateAug 16, 2024
Issue OpenAug 19, 2024Aug 21, 2024
Issue CloseAug 21, 2024Aug 23, 2024
Basis Of Allotment (Tentative)Aug 22, 2024Aug 26, 2024
Initiation of Refunds (Tentative)Aug 23, 2024Aug 27, 2024
Credit of Share (Tentative)Aug 23, 2024Aug 27, 2024
Listing date (Tentative)Aug 26, 2024Aug 28, 2024
Anchor Lockin End date 1Sep 21, 2024
Anchor Lockin End date 2Nov 20, 2024

Financials & KPIs

Brace Port Logistics IPO P/E ratio is 13.49, as compared to Ideal Technoplast IPO P/E ratio of 12.47.

 Brace Port Logistics IPOIdeal Technoplast IPO
Financials

Brace Port Logistics Limited Financial Information (Restated Standalone)

Brace Port Logistics Limited's revenue decreased by -22% and profit after tax (PAT) dropped by -21% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets2,783.291,310.781,179.14409.61
Total Income5,524.597,093.665,419.57706.25
Profit After Tax489.13618.09322.3922.57
Net Worth1,377.18888.05419.9697.57
Reserves and Surplus552.18813.05344.9622.57
Total Borrowing48.9759.165.62
Amount in ₹ Lakhs

Ideal Technoplast Industries Limited Financial Information (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets1,508.51978356.78300.86
Total Income2,424.111,199.79568.13569.47
Profit After Tax326.6150.6210.539.82
Net Worth743.07188.6137.98127.45
Reserves and Surplus375.5748.95-1.67-12.19
Total Borrowing456.89586.04146.56118.62
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)96.04100.00
Promoter Shareholding (Post-Issue)73.50
P/E Ratio13.4912.47
Market Cap₹90.41 Cr.₹60.50 Cr.
ROE43.19%43.95
ROCE47.05%32.95
Debt/Equity0.04
EPS₹5.93₹9.70
RoNW35.52%43.95

Shares Offered

In the Brace Port Logistics IPO Retail Individual Investors (RII) are offered 12,00,000 shares while in Ideal Technoplast IPO retail investors are offered 12,00,000 shares. Qualified Institutional Buyers (QIB) are offered 3,58,400 shares in Brace Port Logistics IPO and in Ideal Technoplast IPO.

 Brace Port Logistics IPOIdeal Technoplast IPO
Anchor Investor Reserveration5,37,600 shares
Market Maker Reserveration1,55,200 shares67,000 shares
QIB3,58,400 shares
NII8,00,000 shares6,27,000 shares
RII12,00,000 shares6,31,000 shares
Employee
Others
Total28,96,000 shares12,58,000 shares

Bids Received (Subscription)

Brace Port Logistics IPO subscribed 657.81x in total, whereas Ideal Technoplast IPO subscribed 116.75x.

 Brace Port Logistics IPOIdeal Technoplast IPO
QIB (times)450.04x
NII (times)854.49x108.49x
Big NII (times)
Small NII (times)
RII (times)588.74x115.57x
Employee (times)
Other (times)
Total (times)657.81x116.75x