Aprameya Engineering IPO vs Bulkcorp International IPO

Comparison between Aprameya Engineering IPO and Bulkcorp International IPO.

IPO Details

Aprameya Engineering IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Bulkcorp International IPO is a SME Bookbuilding proposed to list at NSE SME.

	Aprameya Engineering IPO	Bulkcorp International IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	Swastika Investmart Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Kfin Technologies Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Sunflower Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aprameya Engineering IPO is up to ₹27.76 Cr whereas the issue size of the Bulkcorp International IPO is up to ₹19.73 Cr. The final issue price of Aprameya Engineering IPO is ₹58.00 per share and of Bulkcorp International IPO is ₹105.00 per share.

	Aprameya Engineering IPO	Bulkcorp International IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹56.00 per share	₹100.00 per share
Issue Price (Upper)	₹58.00 per share	₹105.00 per share
Issue Price (Final)	₹58.00 per share	₹105.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	47,86,000 shares	18,79,200 shares
Fresh Issue Size (Amount)	up to ₹27.76 Cr	up to ₹19.73 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	47,86,000 shares	18,79,200 shares
Issue Size Total (Amount)	up to ₹27.76 Cr	up to ₹19.73 Cr

IPO Timetable

Aprameya Engineering IPO opens on Jul 25, 2024, while Bulkcorp International IPO opens on Jul 30, 2024. The closing date of Aprameya Engineering IPO and Bulkcorp International IPO is Jul 29, 2024, and Aug 01, 2024, respectively.

	Aprameya Engineering IPO	Bulkcorp International IPO
Anchor Bid Date	Jul 24, 2024	Jul 29, 2024
Issue Open	Jul 25, 2024	Jul 30, 2024
Issue Close	Jul 29, 2024	Aug 01, 2024
Basis Of Allotment (Tentative)	Jul 30, 2024	Aug 02, 2024
Initiation of Refunds (Tentative)	Jul 31, 2024	Aug 05, 2024
Credit of Share (Tentative)	Jul 31, 2024	Aug 05, 2024
Listing date (Tentative)	Aug 01, 2024	Aug 06, 2024
Anchor Lockin End date 1	Aug 29, 2024	Sep 01, 2024
Anchor Lockin End date 2	Oct 28, 2024	Oct 31, 2024

Financials & KPIs

Aprameya Engineering IPO P/E ratio is 23.49, as compared to Bulkcorp International IPO P/E ratio of 16.33.

Aprameya Engineering IPO

Bulkcorp International IPO

Financials

Aprameya Engineering Limited Financial Information (Restated)

Aprameya Engineering Limited's revenue decreased by -16.23% and profit after tax (PAT) dropped by -35.62% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,560.42	6,189.03	4,870.84
Total Income	6,562.22	7,833.35	20,026.16
Profit After Tax	345.67	536.92	1,661.91
Net Worth	2,336.76	1,992.49	1,452.94
Reserves and Surplus	936.76	592.49	752.94
Total Borrowing	4,204.83	2,873.95	1,368.28
Amount in ₹ Lakhs

Bulk Corp International Limited Financial Information (Restated)

Bulk Corp International Limited's revenue increased by 19.37% and profit after tax (PAT) rose by 193.6% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,236.39	1,765.18	2,177.10	1,975.97
Total Income	4,650.45	3,895.71	4,919.90	3,176.36
Profit After Tax	355.90	121.22	172.56	63.53
Net Worth	934.06	478.16	356.95	188.26
Reserves and Surplus	380.54	297.16	175.95	7.26
Total Borrowing	634.23	542.28	889.24	648.89
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

98.10`

Promoter Shareholding (Post-Issue)

73.53

72.26

P/E Ratio

23.49

16.33

Market Cap

₹110.43 Cr.

₹78.90 Cr.

ROE

15.97%

50.40%

ROCE

9.60%

40.25%

Debt/Equity

1.80

0.68

EPS

₹2.47

₹6.43

RoNW

14.79%

38.10%

Shares Offered

In the Aprameya Engineering IPO Retail Individual Investors (RII) are offered 16,76,000 shares while in Bulkcorp International IPO retail investors are offered 16,76,000 shares. Qualified Institutional Buyers (QIB) are offered 9,58,000 shares in Aprameya Engineering IPO and 3,75,600 shares in Bulkcorp International IPO.

	Aprameya Engineering IPO	Bulkcorp International IPO
Anchor Investor Reserveration	14,34,000 shares	5,62,800 shares
Market Maker Reserveration	2,54,000 shares	99,600 shares
QIB	9,58,000 shares	3,75,600 shares
NII	7,18,000 shares	2,82,000 shares
RII	16,76,000 shares	6,58,800 shares
Employee
Others
Total	47,86,000 shares	18,79,200 shares

Bids Received (Subscription)

Aprameya Engineering IPO subscribed 192.57x in total, whereas Bulkcorp International IPO subscribed 264.90x.

	Aprameya Engineering IPO	Bulkcorp International IPO
QIB (times)	90.29x	104.42x
NII (times)	339.99x	251.39x
Big NII (times)
Small NII (times)
RII (times)	187.88x	362.17x
Employee (times)
Other (times)
Total (times)	192.57x	264.90x

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