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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
Final ProspectusFinal Prospectus Final Prospectus
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 (Final)₹36.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
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
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

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

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

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets60.7058.4459.5450.44
Total Income53.7677.0377.2389.17
Profit After Tax2.115.106.686.41
EBITDA4.129.0210.6210.74
NET Worth21.8619.9716.5812.11
Reserves and Surplus18.8917.0013.619.15
Total Borrowing21.3321.7817.1814.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.75%92.15%
Promoter Shareholding (Post-Issue)68.93%67.39%
Market Cap₹73.44 Cr.₹73.15 Cr.

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 0 shares in Bright Solar IPO and 0 shares in Jakharia Fabric IPO.

 Bright Solar IPOJakharia Fabric IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,70,000 shares60,000 shares
QIB0 shares0 shares
NII25,65,000 shares5,16,000 shares
RII25,65,000 shares5,16,000 shares
Employee0 shares0 shares
Total51,30,000 shares10,32,000 shares

Bids Received (Subscription)

Bright Solar IPO subscribed 1.85x in total, whereas Jakharia Fabric IPO subscribed 1.22x.

 Bright Solar IPOJakharia Fabric IPO
NII (times)2.21x1.72x
RII (times)1.49x0.60x
Total (times)1.85x1.22x

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Compare:

Bright Solar IPO Vs Jakharia Fabric IPO