Comparison between Bright Solar IPO and Rajnish Wellness IPO.
Bright Solar IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rajnish Wellness IPO is a SME Fixed Price proposed to list at BSE SME.
| Bright Solar IPO | Rajnish Wellness IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swastika Investmart Ltd. | Navigant Corporate Advisors Ltd. |
| Registrar | Alankit Assignments Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Monarch Networth Capital Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bright Solar IPO is up to ₹18.47 Cr whereas the issue size of the Rajnish Wellness IPO is up to ₹11.38 Cr. The final issue price of Bright Solar IPO is ₹36.00 per share and of Rajnish Wellness IPO is ₹95.00 per share.
| Bright Solar IPO | Rajnish Wellness IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹36.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 51,30,000 shares | 11,97,600 shares |
| Fresh Issue Size (Amount) | up to ₹18.47 Cr | up to ₹11.38 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 51,30,000 shares | 11,97,600 shares |
| Issue Size Total (Amount) | up to ₹18.47 Cr | up to ₹11.38 Cr |
Bright Solar IPO opens on Jun 26, 2018, while Rajnish Wellness IPO opens on Jun 25, 2018. The closing date of Bright Solar IPO and Rajnish Wellness IPO is Jun 29, 2018, and Jun 29, 2018, respectively.
| Bright Solar IPO | Rajnish Wellness IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 26, 2018 | Jun 25, 2018 |
| Issue Close | Jun 29, 2018 | Jun 29, 2018 |
| Basis Of Allotment (Tentative) | Jul 04, 2018 | |
| Initiation of Refunds (Tentative) | Jul 06, 2018 | |
| Credit of Share (Tentative) | Jul 06, 2018 | |
| Listing date (Tentative) | Jul 09, 2018 | Jul 09, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bright Solar IPO P/E ratio is , as compared to Rajnish Wellness IPO P/E ratio of .
| Bright Solar IPO | Rajnish Wellness IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹73.44 Cr. | ₹44.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Bright Solar IPO Retail Individual Investors (RII) are offered 25,65,000 shares while in Rajnish Wellness IPO retail investors are offered 25,65,000 shares. Qualified Institutional Buyers (QIB) are offered in Bright Solar IPO and in Rajnish Wellness IPO.
| Bright Solar IPO | Rajnish Wellness IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,70,000 shares | 63,600 shares |
| QIB | ||
| NII | 25,65,000 shares | 5,98,800 shares |
| RII | 25,65,000 shares | 5,98,800 shares |
| Employee | ||
| Others | ||
| Total | 51,30,000 shares | 11,97,600 shares |
Bright Solar IPO subscribed 1.85x in total, whereas Rajnish Wellness IPO subscribed 1.13x.
| Bright Solar IPO | Rajnish Wellness IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.21x | 2.02x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.49x | 0.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.85x | 1.13x |
