Brainbees Solutions IPO vs Ceigall India IPO

Comparison between Brainbees Solutions IPO and Ceigall India IPO.

IPO Details

Brainbees Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Ceigall India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Brainbees Solutions IPO is up to ₹4,193.73 Cr whereas the issue size of the Ceigall India IPO is up to ₹1,252.66 Cr. The final issue price of Brainbees Solutions IPO is ₹465.00 per share and of Ceigall India IPO is ₹401.00 per share.

 Brainbees Solutions IPOCeigall India IPO
Face Value₹2 per share₹5 per share
Issue Price (Lower)₹440.00 per share₹380.00 per share
Issue Price (Upper)₹465.00 per share₹401.00 per share
Issue Price (Final)₹465.00 per share₹401.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹44.00 per share₹38.00 per share
Market Lot Size32 shares37 shares
Fresh Issue Size3,58,34,699 shares1,70,68,861 shares
Fresh Issue Size (Amount)up to ₹1,666.19 Crup to ₹684.35 Cr
OFS Issue Size5,43,59,733 shares1,41,74,840 shares
OFS Issue Size (Amount)up to ₹2,527.54 Crup to ₹568.32 Cr
Issue Size Total9,01,94,432 shares3,12,43,701 shares
Issue Size Total (Amount)up to ₹4,193.73 Crup to ₹1,252.66 Cr

IPO Timetable

Brainbees Solutions IPO opens on Aug 06, 2024, while Ceigall India IPO opens on Aug 01, 2024. The closing date of Brainbees Solutions IPO and Ceigall India IPO is Aug 08, 2024, and Aug 05, 2024, respectively.

 Brainbees Solutions IPOCeigall India IPO
Anchor Bid DateAug 05, 2024Jul 31, 2024
Issue OpenAug 06, 2024Aug 01, 2024
Issue CloseAug 08, 2024Aug 05, 2024
Basis Of Allotment (Tentative)Aug 09, 2024Aug 06, 2024
Initiation of Refunds (Tentative)Aug 12, 2024Aug 07, 2024
Credit of Share (Tentative)Aug 12, 2024Aug 07, 2024
Listing date (Tentative)Aug 13, 2024Aug 08, 2024
Anchor Lockin End date 1Sep 08, 2024Sep 04, 2024
Anchor Lockin End date 2Nov 07, 2024Nov 03, 2024

Financials & KPIs

Brainbees Solutions IPO P/E ratio is -69.91, as compared to Ceigall India IPO P/E ratio of 20.67.

 Brainbees Solutions IPOCeigall India IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets7,510.387,119.836,197.16
Total Income6,575.085,731.282,516.92
Profit After Tax-321.51-486.06-78.69
NET Worth3,170.743,456.263,527.94
Reserves and Surplus3,081.743,367.213,439.17
Total Borrowing462.72176.4790.16
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,592.191,827.82959.14
Total Income3,066.192,087.041,146.50
Profit After Tax304.91167.70126.43
NET Worth906.41593.06431.25
Total Borrowing1,811.021,252.58652.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99
Promoter Shareholding (Post-Issue)82.06
P/E Ratio-69.9120.67
Market Cap₹24141.75 Cr.₹6985.41 Cr.
ROE33.57%
ROCE31.98%
Debt/Equity1.17
EPS₹-6.65₹19.40
RoNW-8.65%33.57%

Shares Offered

In the Brainbees Solutions IPO Retail Individual Investors (RII) are offered 90,12,317 shares while in Ceigall India IPO retail investors are offered 90,12,317 shares. Qualified Institutional Buyers (QIB) are offered 2,70,36,953 shares in Brainbees Solutions IPO and 62,37,721 shares in Ceigall India IPO.

 Brainbees Solutions IPOCeigall India IPO
Anchor Investor Reservation4,05,55,428 shares93,56,581 shares
Market Maker Reservation
QIB2,70,36,953 shares62,37,721 shares
NII1,35,18,476 shares46,78,291 shares
RII90,12,317 shares1,09,16,012 shares
Employee71,258 shares55,096 shares
Others
Total9,01,94,432 shares3,12,43,701 shares

Bids Received (Subscription)

Brainbees Solutions IPO subscribed 12.22x in total, whereas Ceigall India IPO subscribed 14.01x.

 Brainbees Solutions IPOCeigall India IPO
QIB (times)19.30x31.26x
NII (times)4.68x14.83x
Big NII (times)5.32x16.28x
Small NII (times)3.39x11.92x
RII (times)2.31x3.82x
Employee (times)6.57x11.84x
Other (times)
Total (times)12.22x14.01x

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Brainbees Solutions IPO Vs Ceigall India IPO