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.
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.
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 IPO | Jakharia Fabric IPO |
|---|
| Issue Open | Jun 26, 2018 | Jun 29, 2018 |
| Issue Close | Jun 29, 2018 | Jul 03, 2018 |
| Basis Of Allotment (Tentative) | Jul 04, 2018 | Jul 06, 2018 |
| Initiation of Refunds (Tentative) | Jul 06, 2018 | Jul 09, 2018 |
| Credit of Share (Tentative) | Jul 06, 2018 | Jul 10, 2018 |
| Listing date (Tentative) | Jul 09, 2018 | Jul 11, 2018 |
Financials & KPIs
Bright Solar IPO P/E ratio is , as compared to Jakharia Fabric IPO P/E ratio of .
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 IPO | Jakharia Fabric IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,70,000 shares | 60,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 25,65,000 shares | 5,16,000 shares |
| RII | 25,65,000 shares | 5,16,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 51,30,000 shares | 10,32,000 shares |
Bids Received (Subscription)
Bright Solar IPO subscribed 1.85x in total, whereas Jakharia Fabric IPO subscribed 1.22x.
