Comparison between Brainbees Solutions IPO and Sanstar IPO.
Brainbees Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sanstar IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Brainbees Solutions IPO is up to ₹4,193.73 Cr whereas the issue size of the Sanstar IPO is up to ₹510.15 Cr. The final issue price of Brainbees Solutions IPO is ₹465.00 per share and of Sanstar IPO is ₹95.00 per share.
| Brainbees Solutions IPO | Sanstar IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹440.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹465.00 per share | ₹95.00 per share |
| Issue Price (Final) | ₹465.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹44.00 per share | |
| Market Lot Size | 32 shares | 150 shares |
| Fresh Issue Size | 3,58,34,699 shares | 4,18,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹1,666.19 Cr | up to ₹397.10 Cr |
| OFS Issue Size | 5,43,59,733 shares | 1,19,00,000 shares |
| OFS Issue Size (Amount) | up to ₹2,527.54 Cr | up to ₹113.05 Cr |
| Issue Size Total | 9,01,94,432 shares | 5,37,00,000 shares |
| Issue Size Total (Amount) | up to ₹4,193.73 Cr | up to ₹510.15 Cr |
Brainbees Solutions IPO opens on Aug 06, 2024, while Sanstar IPO opens on Jul 19, 2024. The closing date of Brainbees Solutions IPO and Sanstar IPO is Aug 08, 2024, and Jul 23, 2024, respectively.
| Brainbees Solutions IPO | Sanstar IPO | |
|---|---|---|
| Anchor Bid Date | Aug 05, 2024 | Jul 18, 2024 |
| Issue Open | Aug 06, 2024 | Jul 19, 2024 |
| Issue Close | Aug 08, 2024 | Jul 23, 2024 |
| Basis Of Allotment (Tentative) | Aug 09, 2024 | Jul 24, 2024 |
| Initiation of Refunds (Tentative) | Aug 12, 2024 | Jul 25, 2024 |
| Credit of Share (Tentative) | Aug 12, 2024 | Jul 25, 2024 |
| Listing date (Tentative) | Aug 13, 2024 | Jul 26, 2024 |
| Anchor Lockin End date 1 | Sep 08, 2024 | Aug 23, 2024 |
| Anchor Lockin End date 2 | Nov 07, 2024 | Oct 22, 2024 |
Brainbees Solutions IPO P/E ratio is -69.91, as compared to Sanstar IPO P/E ratio of 19.98.
| Brainbees Solutions IPO | Sanstar IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -69.91 | 19.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹24141.75 Cr. | ₹1731.32 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.92% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.43% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-6.65 | ₹4.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -8.65% | 30.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Brainbees Solutions IPO Retail Individual Investors (RII) are offered 90,12,317 shares while in Sanstar IPO retail investors are offered 90,12,317 shares. Qualified Institutional Buyers (QIB) are offered 2,70,36,953 shares in Brainbees Solutions IPO and 1,07,40,000 shares in Sanstar IPO.
| Brainbees Solutions IPO | Sanstar IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,05,55,428 shares | 1,61,10,000 shares |
| Market Maker Reservation | ||
| QIB | 2,70,36,953 shares | 1,07,40,000 shares |
| NII | 1,35,18,476 shares | 80,55,000 shares |
| RII | 90,12,317 shares | 1,87,95,000 shares |
| Employee | 71,258 shares | |
| Others | ||
| Total | 9,01,94,432 shares | 5,37,00,000 shares |
Brainbees Solutions IPO subscribed 12.22x in total, whereas Sanstar IPO subscribed 82.99x.
| Brainbees Solutions IPO | Sanstar IPO | |
|---|---|---|
| QIB (times) | 19.30x | 145.68x |
| NII (times) | 4.68x | 136.49x |
| Big NII (times) | 5.32x | 149.44x |
| Small NII (times) | 3.39x | 110.61x |
| RII (times) | 2.31x | 24.23x |
| Employee (times) | 6.57x | |
| Other (times) | ||
| Total (times) | 12.22x | 82.99x |
