Ambani Organics IPO vs Bright Solar IPO

Comparison between Ambani Organics IPO and Bright Solar IPO.

IPO Details

Ambani Organics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Bright Solar IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Ambani Organics IPO is up to ₹8.55 Cr whereas the issue size of the Bright Solar IPO is up to ₹18.47 Cr. The final issue price of Ambani Organics IPO is ₹66.00 per share and of Bright Solar IPO is ₹36.00 per share.

 Ambani Organics IPOBright Solar IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹66.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size11,96,000 shares51,30,000 shares
Fresh Issue Size (Amount)up to ₹7.89 Crup to ₹18.47 Cr
OFS Issue Size1,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹0.66 Crup to ₹0.00 Cr
Issue Size Total12,96,000 shares51,30,000 shares
Issue Size Total (Amount)up to ₹8.55 Crup to ₹18.47 Cr

IPO Timetable

Ambani Organics IPO opens on Jul 06, 2018, while Bright Solar IPO opens on Jun 26, 2018. The closing date of Ambani Organics IPO and Bright Solar IPO is Jul 10, 2018, and Jun 29, 2018, respectively.

 Ambani Organics IPOBright Solar IPO
Issue OpenJul 06, 2018Jun 26, 2018
Issue CloseJul 10, 2018Jun 29, 2018
Basis Of Allotment (Tentative)Jul 13, 2018Jul 04, 2018
Initiation of Refunds (Tentative)Jul 06, 2018
Credit of Share (Tentative)Jul 06, 2018
Listing date (Tentative)Jul 18, 2018Jul 09, 2018

Financials & KPIs

Ambani Organics IPO P/E ratio is , as compared to Bright Solar IPO P/E ratio of .

 Ambani Organics IPOBright Solar IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets47.7838.3130.04
Total Income65.5852.9032.91
Profit After Tax1.820.83-0.39
NET Worth5.974.143.34
Reserves and Surplus2.160.33-0.47
Total Borrowing15.3411.8812.34
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Jan 201831 Mar 201731 Mar 201631 Mar 2015
Assets55.7333.0922.1238.92
Total Income28.2718.1315.4747.84
Profit After Tax5.351.710.711.97
NET Worth15.5310.198.664.12
Reserves and Surplus14.038.697.163.06
Total Borrowing1.893.143.346.16
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.18%93.75%
Promoter Shareholding (Post-Issue)72.45%68.93%
Market Cap₹33.52 Cr.₹73.44 Cr.

Shares Offered

In the Ambani Organics IPO Retail Individual Investors (RII) are offered 6,48,000 shares while in Bright Solar IPO retail investors are offered 6,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ambani Organics IPO and 0 shares in Bright Solar IPO.

 Ambani Organics IPOBright Solar IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation72,000 shares2,70,000 shares
QIB0 shares0 shares
NII6,48,000 shares25,65,000 shares
RII6,48,000 shares25,65,000 shares
Employee0 shares0 shares
Total12,96,000 shares51,30,000 shares

Bids Received (Subscription)

Ambani Organics IPO subscribed 1.44x in total, whereas Bright Solar IPO subscribed 1.85x.

 Ambani Organics IPOBright Solar IPO
NII (times)1.91x2.21x
RII (times)0.97x1.49x
Total (times)1.44x1.85x

Compare with others

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Ambani Organics IPO Vs Bright Solar IPO