Comparison between Bright Solar IPO and Ushanti Colour Chem IPO.
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 IPO | Ushanti Colour Chem IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swastika Investmart Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Alankit Assignments Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Pantomath Stock Brokers Pvt.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 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 IPO | Ushanti 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 Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 51,30,000 shares | 18,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹18.47 Cr | up to ₹10.97 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 | 18,28,000 shares |
| Issue Size Total (Amount) | up to ₹18.47 Cr | up to ₹10.97 Cr |
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 IPO | Ushanti Colour Chem IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 26, 2018 | Jul 23, 2018 |
| Issue Close | Jun 29, 2018 | Jul 25, 2018 |
| Basis Of Allotment (Tentative) | Jul 04, 2018 | Jul 30, 2018 |
| Initiation of Refunds (Tentative) | Jul 06, 2018 | Jul 31, 2018 |
| Credit of Share (Tentative) | Jul 06, 2018 | Aug 01, 2018 |
| Listing date (Tentative) | Jul 09, 2018 | Aug 02, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bright Solar IPO P/E ratio is , as compared to Ushanti Colour Chem IPO P/E ratio of .
| Bright Solar IPO | Ushanti Colour Chem IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹73.44 Cr. | ₹43.81 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Ushanti Colour Chem IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,70,000 shares | 98,000 shares |
| QIB | ||
| NII | 25,65,000 shares | 9,14,000 shares |
| RII | 25,65,000 shares | 9,14,000 shares |
| Employee | ||
| Others | ||
| Total | 51,30,000 shares | 18,28,000 shares |
Bright Solar IPO subscribed 1.85x in total, whereas Ushanti Colour Chem IPO subscribed 6.22x.
| Bright Solar IPO | Ushanti Colour Chem IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.21x | 5.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.49x | 6.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.85x | 6.22x |
