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Brace Port Logistics IPO vs Positron Energy IPO

Comparison between Brace Port Logistics IPO and Positron Energy IPO.

IPO Details

Brace Port Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Positron Energy IPO is a SME Bookbuilding proposed to list at NSE SME.

 Brace Port Logistics IPOPositron Energy IPO
LogoBrace Port Logistics IPO LogoPositron Energy IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHolani Consultants Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerHolani Consultants Pvt.Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor 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 Positron Energy IPO is up to ₹48.65 Cr. The final issue price of Brace Port Logistics IPO is ₹80.00 per share and of Positron Energy IPO is ₹250.00 per share.

 Brace Port Logistics IPOPositron Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹76.00 per share₹238.00 per share
Issue Price (Upper)₹80.00 per share₹250.00 per share
Issue Price (Final)₹80.00 per share₹250.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares600 shares
Fresh Issue Size28,96,000 shares19,45,800 shares
Fresh Issue Size (Amount)up to ₹23.17 Crup to ₹48.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,96,000 shares19,45,800 shares
Issue Size Total (Amount)up to ₹23.17 Crup to ₹48.65 Cr

IPO Timetable

Brace Port Logistics IPO opens on Aug 19, 2024, while Positron Energy IPO opens on Aug 12, 2024. The closing date of Brace Port Logistics IPO and Positron Energy IPO is Aug 21, 2024, and Aug 14, 2024, respectively.

 Brace Port Logistics IPOPositron Energy IPO
Anchor Bid DateAug 16, 2024Aug 09, 2024
Issue OpenAug 19, 2024Aug 12, 2024
Issue CloseAug 21, 2024Aug 14, 2024
Basis Of Allotment (Tentative)Aug 22, 2024Aug 16, 2024
Initiation of Refunds (Tentative)Aug 23, 2024Aug 19, 2024
Credit of Share (Tentative)Aug 23, 2024Aug 19, 2024
Listing date (Tentative)Aug 26, 2024Aug 20, 2024
Anchor Lockin End date 1Sep 21, 2024Sep 15, 2024
Anchor Lockin End date 2Nov 20, 2024Nov 14, 2024

Financials & KPIs

Brace Port Logistics IPO P/E ratio is 13.49, as compared to Positron Energy IPO P/E ratio of 15.79.

 Brace Port Logistics IPOPositron Energy 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

Positron Energy Limited Financial Information (Restated Consolidated)

Positron Energy Limited's revenue increased by 160.29% and profit after tax (PAT) rose by 312.96% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,789.022,476.25938.90
Total Income13,541.765,202.61896.85
Profit After Tax878.78212.8057.98
Net Worth1,489.26566.87354.45
Reserves and Surplus934.06532.17319.75
Total Borrowing1,027.90741.81368.33
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)96.0498.56
Promoter Shareholding (Post-Issue)72.00
P/E Ratio13.4915.79
Market Cap₹90.41 Cr.₹190.01 Cr.
ROE43.19%0.85%
ROCE47.05%0.62%
Debt/Equity0.040.69
EPS₹5.93₹15.83
RoNW35.52%59.01%

Shares Offered

In the Brace Port Logistics IPO Retail Individual Investors (RII) are offered 12,00,000 shares while in Positron Energy 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 3,88,800 shares in Positron Energy IPO.

 Brace Port Logistics IPOPositron Energy IPO
Anchor Investor Reserveration5,37,600 shares5,83,200 shares
Market Maker Reserveration1,55,200 shares1,02,600 shares
QIB3,58,400 shares3,88,800 shares
NII8,00,000 shares2,92,200 shares
RII12,00,000 shares6,81,600 shares
Employee
Others
Total28,96,000 shares19,45,800 shares

Bids Received (Subscription)

Brace Port Logistics IPO subscribed 657.81x in total, whereas Positron Energy IPO subscribed 414.86x.

 Brace Port Logistics IPOPositron Energy IPO
QIB (times)450.04x231.41x
NII (times)854.49x805.84x
Big NII (times)
Small NII (times)
RII (times)588.74x351.90x
Employee (times)
Other (times)
Total (times)657.81x414.86x