BLS E-Services IPO vs EPACK Durable IPO

Comparison between BLS E-Services IPO and EPACK Durable IPO.

IPO Details

BLS E-Services IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while EPACK Durable IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of BLS E-Services IPO is up to ₹309.29 Cr whereas the issue size of the EPACK Durable IPO is up to ₹640.05 Cr. The final issue price of BLS E-Services IPO is ₹135.00 per share and of EPACK Durable IPO is ₹230.00 per share.

 BLS E-Services IPOEPACK Durable IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹129.00 per share₹218.00 per share
Issue Price (Upper)₹135.00 per share₹230.00 per share
Issue Price (Final)₹135.00 per share₹230.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size108 shares65 shares
Fresh Issue Size2,30,30,000 shares1,73,91,304 shares
Fresh Issue Size (Amount)up to ₹309.29 Crup to ₹400.00 Cr
OFS Issue Size0 shares1,04,37,047 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹240.05 Cr
Issue Size Total2,30,30,000 shares2,78,28,351 shares
Issue Size Total (Amount)up to ₹309.29 Crup to ₹640.05 Cr

IPO Timetable

BLS E-Services IPO opens on Jan 30, 2024, while EPACK Durable IPO opens on Jan 19, 2024. The closing date of BLS E-Services IPO and EPACK Durable IPO is Feb 01, 2024, and Jan 24, 2024, respectively.

 BLS E-Services IPOEPACK Durable IPO
Anchor Bid DateJan 29, 2024Jan 18, 2024
Issue OpenJan 30, 2024Jan 19, 2024
Issue CloseFeb 01, 2024Jan 24, 2024
Basis Of Allotment (Tentative)Feb 02, 2024Jan 25, 2024
Initiation of Refunds (Tentative)Feb 05, 2024Jan 29, 2024
Credit of Share (Tentative)Feb 05, 2024Jan 29, 2024
Listing date (Tentative)Feb 06, 2024Jan 30, 2024
Anchor Lockin End date 1Mar 03, 2024Feb 24, 2024
Anchor Lockin End date 2May 02, 2024Apr 24, 2024

Financials & KPIs

BLS E-Services IPO P/E ratio is 44.31, as compared to EPACK Durable IPO P/E ratio of 56.4.

 BLS E-Services IPOEPACK Durable IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets213.77179.4755.9340.59
Total Income158.05246.2998.4065.23
Profit After Tax14.6820.335.383.15
NET Worth120.37106.9415.079.68
Total Borrowing0.000.008.7611.02
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,071.451,464.161,076.68520.37
Total Income616.321,540.25927.34739.66
Profit After Tax2.6531.9717.437.80
NET Worth478.31313.62121.8768.91
Total Borrowing369.57492.45383.98238.56
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.8085.49
Promoter Shareholding (Post-Issue)68.9065.36
P/E Ratio44.3156.4
Market Cap₹1226.56 Cr.₹2203.37 Cr.
ROE33.33%14.68%
ROCE30.62%11.85%
Debt/Equity0.051.58
EPS₹3.05₹4.08
RoNW16.46%14.68%

Shares Offered

In the BLS E-Services IPO Retail Individual Investors (RII) are offered 20,72,700 shares while in EPACK Durable IPO retail investors are offered 20,72,700 shares. Qualified Institutional Buyers (QIB) are offered 62,18,154 shares in BLS E-Services IPO and 55,65,671 shares in EPACK Durable IPO.

 BLS E-Services IPOEPACK Durable IPO
Anchor Investor Reservation93,27,096 shares83,48,504 shares
Market Maker Reservation0 shares
QIB62,18,154 shares55,65,671 shares
NII31,09,050 shares41,74,253 shares
RII20,72,700 shares97,39,923 shares
Employee0 shares
Others
Total2,30,30,000 shares2,78,28,351 shares

Bids Received (Subscription)

BLS E-Services IPO subscribed 162.38x in total, whereas EPACK Durable IPO subscribed 16.79x.

 BLS E-Services IPOEPACK Durable IPO
QIB (times)123.30x25.59x
NII (times)300.05x29.07x
Big NII (times)305.27x31.60x
Small NII (times)289.59x21.74x
RII (times)236.53x6.50x
Employee (times)
Other (times)15.30x
Total (times)162.38x16.79x

Compare with others

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BLS E-Services IPO Vs EPACK Durable IPO