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Bright Solar IPO vs Supreme Engineering IPO

Comparison between Bright Solar IPO and Supreme Engineering IPO.

IPO Details

Bright Solar IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Supreme Engineering IPO is a SME Bookbuilding proposed to list at NSE SME.

 Bright Solar IPOSupreme Engineering IPO
LogoBright Solar IPO LogoSupreme Engineering IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersSwastika Investmart Ltd.CKP Financial Services Pvt.Ltd.
RegistrarAlankit Assignments Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Rikhav Securities 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 Supreme Engineering IPO is up to ₹16.88 Cr. The final issue price of Bright Solar IPO is ₹36.00 per share and of Supreme Engineering IPO is ₹27.00 per share.

 Bright Solar IPOSupreme Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹27.00 per share
Issue Price (Upper)₹32.00 per share
Issue Price (Final)₹36.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares4000 shares
Fresh Issue Size51,30,000 shares62,44,000 shares
Fresh Issue Size (Amount)up to ₹18.47 Crup to ₹16.86 Cr
OFS Issue Size0 shares8,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.02 Cr
Issue Size Total51,30,000 shares62,52,000 shares
Issue Size Total (Amount)up to ₹18.47 Crup to ₹16.88 Cr

IPO Timetable

Bright Solar IPO opens on Jun 26, 2018, while Supreme Engineering IPO opens on Aug 24, 2018. The closing date of Bright Solar IPO and Supreme Engineering IPO is Jun 29, 2018, and Aug 29, 2018, respectively.

 Bright Solar IPOSupreme Engineering IPO
Anchor Bid Date
Issue OpenJun 26, 2018Aug 24, 2018
Issue CloseJun 29, 2018Aug 29, 2018
Basis Of Allotment (Tentative)Jul 04, 2018Sep 03, 2018
Initiation of Refunds (Tentative)Jul 06, 2018Sep 04, 2018
Credit of Share (Tentative)Jul 06, 2018Sep 05, 2018
Listing date (Tentative)Jul 09, 2018Sep 06, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Bright Solar IPO P/E ratio is , as compared to Supreme Engineering IPO P/E ratio of .

 Bright Solar IPOSupreme Engineering 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-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 17,564.51 14,174.01 11,356.75 12,410.33 10,494.81
Total Revenue 15,226.13 12,086.04 11,364.69 7,959.85 7,727.54
Profit After Tax 465.36 215.04 112.29 73.77 19.00
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 Supreme Engineering IPO retail investors are offered 25,65,000 shares. Qualified Institutional Buyers (QIB) are offered in Bright Solar IPO and in Supreme Engineering IPO.

 Bright Solar IPOSupreme Engineering IPO
Anchor Investor Reserveration
Market Maker Reserveration2,70,000 shares3,32,000 shares
QIB
NII25,65,000 shares31,24,000 shares
RII25,65,000 shares31,28,000 shares
Employee
Others
Total51,30,000 shares62,52,000 shares

Bids Received (Subscription)

Bright Solar IPO subscribed 1.85x in total, whereas Supreme Engineering IPO subscribed 1.20x.

 Bright Solar IPOSupreme Engineering IPO
QIB (times)
NII (times)2.21x1.40x
Big NII (times)
Small NII (times)
RII (times)1.49x1.00x
Employee (times)
Other (times)
Total (times)1.85x1.20x