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Brisk Technovision IPO vs Shree Marutinandan Tubes IPO

Comparison between Brisk Technovision IPO and Shree Marutinandan Tubes IPO.

IPO Details

Brisk Technovision IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shree Marutinandan Tubes IPO is a SME Fixed Price proposed to list at BSE SME.

 Brisk Technovision IPOShree Marutinandan Tubes IPO
LogoBrisk Technovision IPO LogoShree Marutinandan Tubes IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersSun Capital Advisory Services Pvt.Ltd.Swastika Investmart Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Swastika Investmart Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Brisk Technovision IPO is up to ₹11.86 Cr whereas the issue size of the Shree Marutinandan Tubes IPO is up to ₹13.59 Cr. The final issue price of Brisk Technovision IPO is ₹156.00 per share and of Shree Marutinandan Tubes IPO is ₹143.00 per share.

 Brisk Technovision IPOShree Marutinandan Tubes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹156.00 per share₹143.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares1000 shares
Fresh Issue Size0 shares9,50,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹13.59 Cr
OFS Issue Size7,60,000 shares0 shares
OFS Issue Size (Amount)up to ₹11.86 Crup to ₹0.00 Cr
Issue Size Total7,60,000 shares9,50,000 shares
Issue Size Total (Amount)up to ₹11.86 Crup to ₹13.59 Cr

IPO Timetable

Brisk Technovision IPO opens on Jan 23, 2024, while Shree Marutinandan Tubes IPO opens on Jan 12, 2024. The closing date of Brisk Technovision IPO and Shree Marutinandan Tubes IPO is Jan 25, 2024, and Jan 16, 2024, respectively.

 Brisk Technovision IPOShree Marutinandan Tubes IPO
Anchor Bid Date
Issue OpenJan 23, 2024Jan 12, 2024
Issue CloseJan 25, 2024Jan 16, 2024
Basis Of Allotment (Tentative)Jan 29, 2024Jan 17, 2024
Initiation of Refunds (Tentative)Jan 30, 2024Jan 18, 2024
Credit of Share (Tentative)Jan 30, 2024Jan 18, 2024
Listing date (Tentative)Jan 31, 2024Jan 19, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Brisk Technovision IPO P/E ratio is 15.69, as compared to Shree Marutinandan Tubes IPO P/E ratio of 17.44.

 Brisk Technovision IPOShree Marutinandan Tubes IPO
Financials

Brisk Technovision Limited Financial Information (Restated)

Brisk Technovision Limited's revenue decreased by -16.64% and profit after tax (PAT) rose by 81.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,423.40679.73661.82562.52
Total Income1,577.271,840.302,207.631,691.02
Profit After Tax152.48198.90109.5414.51
Net Worth631.02478.54307.64198.07
Reserves and Surplus431.02278.54107.64197.07
Amount in ₹ Lakhs

Shree Marutinandan Tubes Limited Financial Information (Restated)

Shree Marutinandan Tubes Limited's revenue increased by 0.09% and profit after tax (PAT) rose by 3257.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,234.291,617.601,284.831,301.03
Total Income4,284.644,722.584,718.493,597.28
Profit After Tax141.99201.766.0113.30
Net Worth409.70267.7465.9859.98
Reserves and Surplus163.73247.2445.4839.48
Total Borrowing607.28716.90688.89795.31
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9982.00
Promoter Shareholding (Post-Issue)59.9958.30
P/E Ratio15.6917.44
Market Cap₹31.20 Cr.₹49.48 Cr.
ROE41.56%120.91%
ROCE54.71%78.52%
Debt/Equity0.032.68
EPS₹9.95₹8.20
RoNW41.56%75.36%

Shares Offered

In the Brisk Technovision IPO Retail Individual Investors (RII) are offered 3,80,000 shares while in Shree Marutinandan Tubes IPO retail investors are offered 3,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Brisk Technovision IPO and in Shree Marutinandan Tubes IPO.

 Brisk Technovision IPOShree Marutinandan Tubes IPO
Anchor Investor Reserveration
Market Maker Reserveration40,000 shares50,000 shares
QIB
NII3,80,000 shares4,75,000 shares
RII3,80,000 shares4,75,000 shares
Employee
Others
Total7,60,000 shares9,50,000 shares

Bids Received (Subscription)

Brisk Technovision IPO subscribed 47.10x in total, whereas Shree Marutinandan Tubes IPO subscribed 47.16x.

 Brisk Technovision IPOShree Marutinandan Tubes IPO
QIB (times)
NII (times)58.14x32.67x
Big NII (times)
Small NII (times)
RII (times)35.87x59.71x
Employee (times)
Other (times)
Total (times)47.10x47.16x