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.

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 (Final)₹156.00 per share₹143.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
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
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

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

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets14.236.806.625.63
Total Income15.7718.4022.0816.91
Profit After Tax1.521.991.100.15
NET Worth6.314.793.081.98
Reserves and Surplus4.312.791.081.97
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets22.3416.1812.8513.01
Total Income42.8547.2347.1835.97
Profit After Tax1.422.020.060.13
NET Worth4.102.680.660.60
Reserves and Surplus1.642.470.450.39
Total Borrowing6.077.176.897.95
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%82%
Promoter Shareholding (Post-Issue)59.99%58.3%
P/E Ratio15.6917.44
Market Cap₹31.20 Cr.₹49.48 Cr.
ROE41.56120.91
ROCE54.7178.52
Debt/Equity0.032.68
EPS₹9.95₹8.20
RoNW41.5675.36

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 0 shares in Brisk Technovision IPO and in Shree Marutinandan Tubes IPO.

 Brisk Technovision IPOShree Marutinandan Tubes IPO
Anchor Investor Reservation0 shares
Market Maker Reservation40,000 shares50,000 shares
QIB0 shares
NII3,80,000 shares4,75,000 shares
RII3,80,000 shares4,75,000 shares
Employee0 shares
Total7,60,000 shares9,50,000 shares

Bids Received (Subscription)

Brisk Technovision IPO subscribed 47.01x in total, whereas Shree Marutinandan Tubes IPO subscribed 46.19x.

 Brisk Technovision IPOShree Marutinandan Tubes IPO
NII (times)58.14x32.67x
RII (times)35.87x59.71x
Total (times)47.01x46.19x

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Brisk Technovision IPO Vs Shree Marutinandan Tubes IPO