Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Bright Solar IPO vs Ushanti Colour Chem IPO

Comparison between Bright Solar IPO and Ushanti Colour Chem IPO.

IPO Details

Bright Solar IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ushanti Colour Chem IPO is a SME Fixed Price proposed to list at NSE SME.

 Bright Solar IPOUshanti Colour Chem IPO
LogoBright Solar IPO LogoUshanti Colour Chem IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersSwastika Investmart Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarAlankit Assignments Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Pantomath Stock Brokers Pvt.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 Ushanti Colour Chem IPO is up to ₹10.97 Cr. The final issue price of Bright Solar IPO is ₹36.00 per share and of Ushanti Colour Chem IPO is ₹60.00 per share.

 Bright Solar IPOUshanti Colour Chem IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹36.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size51,30,000 shares18,28,000 shares
Fresh Issue Size (Amount)up to ₹18.47 Crup to ₹10.97 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total51,30,000 shares18,28,000 shares
Issue Size Total (Amount)up to ₹18.47 Crup to ₹10.97 Cr

IPO Timetable

Bright Solar IPO opens on Jun 26, 2018, while Ushanti Colour Chem IPO opens on Jul 23, 2018. The closing date of Bright Solar IPO and Ushanti Colour Chem IPO is Jun 29, 2018, and Jul 25, 2018, respectively.

 Bright Solar IPOUshanti Colour Chem IPO
Anchor Bid Date
Issue OpenJun 26, 2018Jul 23, 2018
Issue CloseJun 29, 2018Jul 25, 2018
Basis Of Allotment (Tentative)Jul 04, 2018Jul 30, 2018
Initiation of Refunds (Tentative)Jul 06, 2018Jul 31, 2018
Credit of Share (Tentative)Jul 06, 2018Aug 01, 2018
Listing date (Tentative)Jul 09, 2018Aug 02, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Bright Solar IPO P/E ratio is , as compared to Ushanti Colour Chem IPO P/E ratio of .

 Bright Solar IPOUshanti Colour Chem 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-Dec-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 2,702.27 2,273.94 2,238.70 2,022.31 1,889.78 1315.76
Total Revenue 2742.60 2,962.10 2,511.31 2,970.96 3,541.98 2,414.66
Profit After Tax 245.00 137.78 37.97 28.36 222.00 51.01
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 Ushanti Colour Chem IPO retail investors are offered 25,65,000 shares. Qualified Institutional Buyers (QIB) are offered in Bright Solar IPO and in Ushanti Colour Chem IPO.

 Bright Solar IPOUshanti Colour Chem IPO
Anchor Investor Reserveration
Market Maker Reserveration2,70,000 shares98,000 shares
QIB
NII25,65,000 shares9,14,000 shares
RII25,65,000 shares9,14,000 shares
Employee
Others
Total51,30,000 shares18,28,000 shares

Bids Received (Subscription)

Bright Solar IPO subscribed 1.85x in total, whereas Ushanti Colour Chem IPO subscribed 6.24x.

 Bright Solar IPOUshanti Colour Chem IPO
QIB (times)
NII (times)2.21x5.71x
Big NII (times)
Small NII (times)
RII (times)1.49x6.73x
Employee (times)
Other (times)
Total (times)1.85x6.24x