Comparison between Bright Solar IPO and Supreme Engineering IPO.
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 IPO | Supreme Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swastika Investmart Ltd. | CKP Financial Services Pvt.Ltd. |
| Registrar | Alankit Assignments Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Rikhav Securities 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 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 IPO | Supreme 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 Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 51,30,000 shares | 62,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹18.47 Cr | up to ₹16.86 Cr |
| OFS Issue Size | 0 shares | 8,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.02 Cr |
| Issue Size Total | 51,30,000 shares | 62,52,000 shares |
| Issue Size Total (Amount) | up to ₹18.47 Cr | up to ₹16.88 Cr |
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 IPO | Supreme Engineering IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 26, 2018 | Aug 24, 2018 |
| Issue Close | Jun 29, 2018 | Aug 29, 2018 |
| Basis Of Allotment (Tentative) | Jul 04, 2018 | Sep 03, 2018 |
| Initiation of Refunds (Tentative) | Jul 06, 2018 | Sep 04, 2018 |
| Credit of Share (Tentative) | Jul 06, 2018 | Sep 05, 2018 |
| Listing date (Tentative) | Jul 09, 2018 | Sep 06, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bright Solar IPO P/E ratio is , as compared to Supreme Engineering IPO P/E ratio of .
| Bright Solar IPO | Supreme Engineering IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹73.44 Cr. | ₹67.49 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Supreme Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,70,000 shares | 3,32,000 shares |
| QIB | ||
| NII | 25,65,000 shares | 31,24,000 shares |
| RII | 25,65,000 shares | 31,28,000 shares |
| Employee | ||
| Others | ||
| Total | 51,30,000 shares | 62,52,000 shares |
Bright Solar IPO subscribed 1.85x in total, whereas Supreme Engineering IPO subscribed 1.20x.
| Bright Solar IPO | Supreme Engineering IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.21x | 1.40x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.49x | 1.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.85x | 1.20x |
