Brainbees Solutions IPO vs ECOS Mobility IPO

Comparison between Brainbees Solutions IPO and ECOS Mobility IPO.

IPO Details

Brainbees Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while ECOS Mobility 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 ECOS Mobility IPO is up to ₹601.20 Cr. The final issue price of Brainbees Solutions IPO is ₹465.00 per share and of ECOS Mobility IPO is ₹334.00 per share.

 Brainbees Solutions IPOECOS Mobility IPO
Face Value₹2 per share₹2 per share
Issue Price (Lower)₹440.00 per share₹318.00 per share
Issue Price (Upper)₹465.00 per share₹334.00 per share
Issue Price (Final)₹465.00 per share₹334.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹44.00 per share
Market Lot Size32 shares44 shares
Fresh Issue Size3,58,34,699 shares0 shares
Fresh Issue Size (Amount)up to ₹1,666.19 Crup to ₹0.00 Cr
OFS Issue Size5,43,59,733 shares1,80,00,000 shares
OFS Issue Size (Amount)up to ₹2,527.54 Crup to ₹601.20 Cr
Issue Size Total9,01,94,432 shares1,80,00,000 shares
Issue Size Total (Amount)up to ₹4,193.73 Crup to ₹601.20 Cr

IPO Timetable

Brainbees Solutions IPO opens on Aug 06, 2024, while ECOS Mobility IPO opens on Aug 28, 2024. The closing date of Brainbees Solutions IPO and ECOS Mobility IPO is Aug 08, 2024, and Aug 30, 2024, respectively.

 Brainbees Solutions IPOECOS Mobility IPO
Anchor Bid DateAug 05, 2024Aug 27, 2024
Issue OpenAug 06, 2024Aug 28, 2024
Issue CloseAug 08, 2024Aug 30, 2024
Basis Of Allotment (Tentative)Aug 09, 2024Sep 02, 2024
Initiation of Refunds (Tentative)Aug 12, 2024Sep 03, 2024
Credit of Share (Tentative)Aug 12, 2024Sep 03, 2024
Listing date (Tentative)Aug 13, 2024Sep 04, 2024
Anchor Lockin End date 1Sep 08, 2024Oct 01, 2024
Anchor Lockin End date 2Nov 07, 2024Nov 30, 2024

Financials & KPIs

Brainbees Solutions IPO P/E ratio is -69.91, as compared to ECOS Mobility IPO P/E ratio of 32.05.

 Brainbees Solutions IPOECOS Mobility 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
Assets296.66229.71112.38
Total Income568.21425.43151.55
Profit After Tax62.5343.599.87
NET Worth177.41115.1371.56
Reserves and Surplus165.41115.0771.50
Total Borrowing21.7232.953.34
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.75
Promoter Shareholding (Post-Issue)67.75
P/E Ratio-69.9132.05
Market Cap₹24141.75 Cr.₹2004.00 Cr.
ROE42.75%
ROCE42.88%
Debt/Equity0.12
EPS₹-6.65₹10.42
RoNW-8.65%42.75%

Shares Offered

In the Brainbees Solutions IPO Retail Individual Investors (RII) are offered 90,12,317 shares while in ECOS Mobility 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 36,00,000 shares in ECOS Mobility IPO.

 Brainbees Solutions IPOECOS Mobility IPO
Anchor Investor Reservation4,05,55,428 shares54,00,000 shares
Market Maker Reservation
QIB2,70,36,953 shares36,00,000 shares
NII1,35,18,476 shares27,00,000 shares
RII90,12,317 shares63,00,000 shares
Employee71,258 shares
Others
Total9,01,94,432 shares1,80,00,000 shares

Bids Received (Subscription)

Brainbees Solutions IPO subscribed 12.22x in total, whereas ECOS Mobility IPO subscribed 64.18x.

 Brainbees Solutions IPOECOS Mobility IPO
QIB (times)19.30x136.85x
NII (times)4.68x71.17x
Big NII (times)5.32x74.66x
Small NII (times)3.39x64.19x
RII (times)2.31x19.66x
Employee (times)6.57x
Other (times)
Total (times)12.22x64.18x

Compare with others

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Brainbees Solutions IPO Vs ECOS Mobility IPO