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Bright Solar IPO vs Jakharia Fabric IPO

Comparison between Bright Solar IPO and Jakharia Fabric IPO.

IPO Details

Bright Solar IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jakharia Fabric IPO is a SME Fixed Price proposed to list at NSE SME.

 Bright Solar IPOJakharia Fabric IPO
LogoBright Solar IPO LogoJakharia Fabric IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersSwastika Investmart Ltd.Aryaman Financial Services Ltd.
RegistrarAlankit Assignments Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Bright Solar IPO is up to ₹18.47 Cr whereas the issue size of the Jakharia Fabric IPO is up to ₹18.58 Cr. The final issue price of Bright Solar IPO is ₹36.00 per share and of Jakharia Fabric IPO is ₹180.00 per share.

 Bright Solar IPOJakharia Fabric IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹36.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares800 shares
Fresh Issue Size51,30,000 shares10,32,000 shares
Fresh Issue Size (Amount)up to ₹18.47 Crup to ₹18.58 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total51,30,000 shares10,32,000 shares
Issue Size Total (Amount)up to ₹18.47 Crup to ₹18.58 Cr

IPO Timetable

Bright Solar IPO opens on Jun 26, 2018, while Jakharia Fabric IPO opens on Jun 29, 2018. The closing date of Bright Solar IPO and Jakharia Fabric IPO is Jun 29, 2018, and Jul 03, 2018, respectively.

 Bright Solar IPOJakharia Fabric IPO
Anchor Bid Date
Issue OpenJun 26, 2018Jun 29, 2018
Issue CloseJun 29, 2018Jul 03, 2018
Basis Of Allotment (Tentative)Jul 04, 2018Jul 06, 2018
Initiation of Refunds (Tentative)Jul 06, 2018Jul 09, 2018
Credit of Share (Tentative)Jul 06, 2018Jul 10, 2018
Listing date (Tentative)Jul 09, 2018Jul 11, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Bright Solar IPO P/E ratio is , as compared to Jakharia Fabric IPO P/E ratio of .

 Bright Solar IPOJakharia Fabric IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,309.49 2,212.31 3,892.34 818.82 1,978.49
Total Revenue 1,812.99 1,547.06 4,784.25 2,846.13 2,239.93
Profit After Tax 171.11 70.53 196.87 54.29 38.02
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 5,843.80 5,954.17 5,044.23 4,468.05 3,884.99
Total Revenue 7,702.84 7,723.49 8,917.25 7,582.72 4,787.43
Profit After Tax 338.82 446.17 432.86 356.66 80.94
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Bright Solar IPO Retail Individual Investors (RII) are offered 25,65,000 shares while in Jakharia Fabric IPO retail investors are offered 25,65,000 shares. Qualified Institutional Buyers (QIB) are offered in Bright Solar IPO and in Jakharia Fabric IPO.

 Bright Solar IPOJakharia Fabric IPO
Anchor Investor Reserveration
Market Maker Reserveration2,70,000 shares60,000 shares
QIB
NII25,65,000 shares5,16,000 shares
RII25,65,000 shares5,16,000 shares
Employee
Others
Total51,30,000 shares10,32,000 shares

Bids Received (Subscription)

Bright Solar IPO subscribed 1.85x in total, whereas Jakharia Fabric IPO subscribed 1.21x.

 Bright Solar IPOJakharia Fabric IPO
QIB (times)
NII (times)2.21x1.82x
Big NII (times)
Small NII (times)
RII (times)1.49x0.60x
Employee (times)
Other (times)1.00x
Total (times)1.85x1.21x