Evans Electric IPO vs White Organic Retail IPO

Comparison between Evans Electric IPO and White Organic Retail IPO.

IPO Details

Evans Electric IPO is a SME Fixed Price IPO proposed to list at BSE SME while White Organic Retail IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Evans Electric IPO is up to ₹1.83 Cr whereas the issue size of the White Organic Retail IPO is up to ₹14.68 Cr. The final issue price of Evans Electric IPO is ₹52.00 per share and of White Organic Retail IPO is ₹63.00 per share.

 Evans Electric IPOWhite Organic Retail IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹52.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size3,52,000 shares23,30,000 shares
Fresh Issue Size (Amount)up to ₹1.83 Crup to ₹14.68 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,52,000 shares23,30,000 shares
Issue Size Total (Amount)up to ₹1.83 Crup to ₹14.68 Cr

IPO Timetable

Evans Electric IPO opens on Apr 30, 2019, while White Organic Retail IPO opens on Apr 26, 2019. The closing date of Evans Electric IPO and White Organic Retail IPO is May 03, 2019, and May 02, 2019, respectively.

 Evans Electric IPOWhite Organic Retail IPO
Issue OpenApr 30, 2019Apr 26, 2019
Issue CloseMay 03, 2019May 02, 2019
Basis Of Allotment (Tentative)May 08, 2019May 07, 2019
Initiation of Refunds (Tentative)May 09, 2019May 08, 2019
Credit of Share (Tentative)May 10, 2019May 09, 2019
Listing date (Tentative)May 13, 2019May 10, 2019

Financials & KPIs

Evans Electric IPO P/E ratio is , as compared to White Organic Retail IPO P/E ratio of .

 Evans Electric IPOWhite Organic Retail IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 201831 Mar 201831 Mar 201731 Mar 2016
Assets8.738.409.495.60
Total Income4.005.8710.725.12
Profit After Tax0.580.462.370.41
EBITDA1.041.073.760.85
NET Worth7.657.076.674.43
Reserves and Surplus7.156.576.173.93
Total Borrowing0.480.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201831 Mar 201831 Mar 201731 Mar 2016
Assets60.2350.1714.4812.77
Total Income116.3584.002.551.07
Profit After Tax4.513.020.590.24
EBITDA6.254.380.860.35
NET Worth0.000.000.000.00
Reserves and Surplus20.374.481.460.87
Total Borrowing0.000.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)80%100%
Promoter Shareholding (Post-Issue)58.31%55.01%
Market Cap₹7.13 Cr.₹34.36 Cr.

Shares Offered

In the Evans Electric IPO Retail Individual Investors (RII) are offered 1,76,000 shares while in White Organic Retail IPO retail investors are offered 1,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Evans Electric IPO and in White Organic Retail IPO.

 Evans Electric IPOWhite Organic Retail IPO
Market Maker Reservation20,000 shares1,24,000 shares
NII1,76,000 shares11,64,000 shares
RII1,76,000 shares11,66,000 shares
Total3,52,000 shares23,30,000 shares

Bids Received (Subscription)

Evans Electric IPO subscribed 1.59x in total, whereas White Organic Retail IPO subscribed 1.36x.

 Evans Electric IPOWhite Organic Retail IPO
NII (times)2.62x2.03x
RII (times)0.56x0.70x
Total (times)1.59x1.36x

Compare with others

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Evans Electric IPO Vs White Organic Retail IPO