Bondada Engineering IPO vs C P S Shapers IPO

Comparison between Bondada Engineering IPO and C P S Shapers IPO.

IPO Details

Bondada Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while C P S Shapers IPO is a SME Fixed Price proposed to list at NSE SME.

	Bondada Engineering IPO	C P S Shapers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	BSE SME	NSE SME
Lead Managers	Vivro Financial Services Pvt.Ltd.	Shreni Shares Ltd.
Registrar	Kfin Technologies Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Shreni Shares Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Bondada Engineering IPO is up to ₹40.56 Cr whereas the issue size of the C P S Shapers IPO is up to ₹10.52 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of C P S Shapers IPO is ₹185.00 per share.

	Bondada Engineering IPO	C P S Shapers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹75.00 per share	₹185.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	600 shares
Fresh Issue Size	54,08,000 shares	5,68,800 shares
Fresh Issue Size (Amount)	up to ₹40.56 Cr	up to ₹10.52 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	54,08,000 shares	5,68,800 shares
Issue Size Total (Amount)	up to ₹40.56 Cr	up to ₹10.52 Cr

IPO Timetable

Bondada Engineering IPO opens on Aug 18, 2023, while C P S Shapers IPO opens on Aug 29, 2023. The closing date of Bondada Engineering IPO and C P S Shapers IPO is Aug 22, 2023, and Aug 31, 2023, respectively.

	Bondada Engineering IPO	C P S Shapers IPO
Anchor Bid Date
Issue Open	Aug 18, 2023	Aug 29, 2023
Issue Close	Aug 22, 2023	Aug 31, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Sep 05, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Sep 06, 2023
Credit of Share (Tentative)	Aug 29, 2023	Sep 07, 2023
Listing date (Tentative)	Aug 30, 2023	Sep 07, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Bondada Engineering IPO P/E ratio is 6.56, as compared to C P S Shapers IPO P/E ratio of 11.28.

Bondada Engineering IPO

C P S Shapers IPO

Financials

Bondada Engineering IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	17,091.69	15,761.73	25,115.46
Total Income	28,832.29	33,420.96	37,095.77
Profit After Tax	920.55	1,013.53	1,825.19
Net Worth	4,775.88	5,789.41	7,837.54
Reserves and Surplus	4,693.88	5,707.41	6,246.93
Total Borrowing	4,667.31	3,803.23	8,422.65

Amount in ₹ Lakhs

C P S Shapers IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,102.02	1,275.48	1,751.20
Total Income	1,441.71	2,668.84	3,696.16
Profit After Tax	38.05	157.06	246.09
Net Worth	-228.03	-70.97	175.12
Reserves and Surplus	-278.03	-120.97	125.12
Total Borrowing	947.57	935.57	1,043.66

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.00

99.80

Promoter Shareholding (Post-Issue)

63.33

P/E Ratio

6.56

11.28

Market Cap

₹162.02 Cr.

₹38.85 Cr.

ROE

22.77%

4.73%

ROCE

35.63%

0.28%

Debt/Equity

1.07

5.96

EPS

₹11.43

₹16.41

RoNW

22.77%

140.53%

Shares Offered

In the Bondada Engineering IPO Retail Individual Investors (RII) are offered 27,04,000 shares while in C P S Shapers IPO retail investors are offered 27,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Bondada Engineering IPO and in C P S Shapers IPO.

	Bondada Engineering IPO	C P S Shapers IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,88,000 shares	31,200 shares
QIB
NII	27,04,000 shares	2,84,400 shares
RII	27,04,000 shares	2,84,400 shares
Employee
Others
Total	54,08,000 shares	5,68,800 shares

Bids Received (Subscription)

Bondada Engineering IPO subscribed 112.28x in total, whereas C P S Shapers IPO subscribed 253.97x.

	Bondada Engineering IPO	C P S Shapers IPO
QIB (times)
NII (times)	115.46x	198.17x
Big NII (times)
Small NII (times)
RII (times)	100.05x	301.03x
Employee (times)
Other (times)
Total (times)	112.28x	253.97x

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