Comparison between Bright Solar IPO and Priti International IPO.
IPO Details
Bright Solar IPO is a SME Fixed Price IPO proposed to list at NSE SME while Priti International 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 Priti International IPO is up to ₹4.99 Cr. The final issue price of Bright Solar IPO is ₹36.00 per share and of Priti International IPO is ₹75.00 per share.
IPO Timetable
Bright Solar IPO opens on Jun 26, 2018, while Priti International IPO opens on Jun 11, 2018. The closing date of Bright Solar IPO and Priti International IPO is Jun 29, 2018, and Jun 13, 2018, respectively.
| | Bright Solar IPO | Priti International IPO |
|---|
| Issue Open | Jun 26, 2018 | Jun 11, 2018 |
| Issue Close | Jun 29, 2018 | Jun 13, 2018 |
| Basis Of Allotment (Tentative) | Jul 04, 2018 | Jun 18, 2018 |
| Initiation of Refunds (Tentative) | Jul 06, 2018 | Jun 19, 2018 |
| Credit of Share (Tentative) | Jul 06, 2018 | Jun 20, 2018 |
| Listing date (Tentative) | Jul 09, 2018 | Jun 21, 2018 |
Financials & KPIs
Bright Solar IPO P/E ratio is , as compared to Priti International IPO P/E ratio of .
Shares Offered
In the Bright Solar IPO Retail Individual Investors (RII) are offered 25,65,000 shares while in Priti International 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 Priti International IPO.
| | Bright Solar IPO | Priti International IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,70,000 shares | 35,200 shares |
| QIB | 0 shares | 0 shares |
| NII | 25,65,000 shares | 3,32,800 shares |
| RII | 25,65,000 shares | 3,32,800 shares |
| Employee | 0 shares | 0 shares |
| Total | 51,30,000 shares | 6,65,600 shares |
Bids Received (Subscription)
Bright Solar IPO subscribed 1.85x in total, whereas Priti International IPO subscribed 7.76x.
