Chandra Bhagat Pharma IPO vs ICL Organic Dairy Products IPO

Comparison between Chandra Bhagat Pharma IPO and ICL Organic Dairy Products IPO.

IPO Details

Chandra Bhagat Pharma IPO is a SME Fixed Price IPO proposed to list at BSE SME while ICL Organic Dairy Products IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Chandra Bhagat Pharma IPO is up to ₹9.69 Cr whereas the issue size of the ICL Organic Dairy Products IPO is up to ₹3.88 Cr. The final issue price of Chandra Bhagat Pharma IPO is ₹51.00 per share and of ICL Organic Dairy Products IPO is ₹20.00 per share.

 Chandra Bhagat Pharma IPOICL Organic Dairy Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares6000 shares
Fresh Issue Size19,00,000 shares19,38,000 shares
Fresh Issue Size (Amount)up to ₹9.69 Crup to ₹3.88 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,00,000 shares19,38,000 shares
Issue Size Total (Amount)up to ₹9.69 Crup to ₹3.88 Cr

IPO Timetable

Chandra Bhagat Pharma IPO opens on Jan 31, 2020, while ICL Organic Dairy Products IPO opens on Jan 31, 2020. The closing date of Chandra Bhagat Pharma IPO and ICL Organic Dairy Products IPO is Feb 06, 2020, and Feb 07, 2020, respectively.

 Chandra Bhagat Pharma IPOICL Organic Dairy Products IPO
Issue OpenJan 31, 2020Jan 31, 2020
Issue CloseFeb 06, 2020Feb 07, 2020
Basis Of Allotment (Tentative)Feb 11, 2020Feb 11, 2020
Initiation of Refunds (Tentative)Feb 13, 2020Feb 12, 2020
Credit of Share (Tentative)Feb 13, 2020Feb 13, 2020
Listing date (Tentative)Feb 14, 2020Feb 17, 2020

Financials & KPIs

Chandra Bhagat Pharma IPO P/E ratio is 51, as compared to ICL Organic Dairy Products IPO P/E ratio of 80.

 Chandra Bhagat Pharma IPOICL Organic Dairy Products IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 201931 Mar 201931 Mar 201831 Mar 2017
Assets85.9482.8658.0655.90
Total Income33.45106.7297.7390.28
Profit After Tax0.250.631.030.66
EBITDA1.474.674.754.39
NET Worth13.5313.288.017.41
Reserves and Surplus9.2613.708.036.99
Total Borrowing15.0117.6317.2210.62
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 201931 Mar 201931 Mar 201831 Mar 2017
Assets4.553.173.282.26
Total Income2.2315.7312.072.53
Profit After Tax0.050.280.350.05
EBITDA0.070.390.480.07
NET Worth3.002.950.450.10
Reserves and Surplus1.311.830.440.09
Total Borrowing1.402.582.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.82%72.71%
Promoter Shareholding (Post-Issue)70.42%47.99%
P/E Ratio5180
Market Cap₹38.48 Cr.₹12.00 Cr.

Shares Offered

In the Chandra Bhagat Pharma IPO Retail Individual Investors (RII) are offered 9,50,000 shares while in ICL Organic Dairy Products IPO retail investors are offered 9,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Chandra Bhagat Pharma IPO and in ICL Organic Dairy Products IPO.

 Chandra Bhagat Pharma IPOICL Organic Dairy Products IPO
Market Maker Reservation1,00,000 shares1,02,000 shares
NII9,50,000 shares9,66,000 shares
RII9,50,000 shares9,72,000 shares
Total19,00,000 shares19,38,000 shares

Bids Received (Subscription)

Chandra Bhagat Pharma IPO subscribed 1.65x in total, whereas ICL Organic Dairy Products IPO subscribed 3.08x.

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Chandra Bhagat Pharma IPO Vs ICL Organic Dairy Products IPO