Bhatia Colour Chem IPO vs Evoq Remedies IPO

Comparison between Bhatia Colour Chem IPO and Evoq Remedies IPO.

IPO Details

Bhatia Colour Chem IPO is a SME Fixed Price IPO proposed to list at BSE SME while Evoq Remedies IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Bhatia Colour Chem IPO is up to ₹37.89 Cr whereas the issue size of the Evoq Remedies IPO is up to ₹9.23 Cr. The final issue price of Bhatia Colour Chem IPO is ₹80.00 per share and of Evoq Remedies IPO is ₹27.00 per share.

 Bhatia Colour Chem IPOEvoq Remedies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹80.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares4000 shares
Fresh Issue Size47,36,000 shares34,20,000 shares
Fresh Issue Size (Amount)up to ₹37.89 Crup to ₹9.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,36,000 shares34,20,000 shares
Issue Size Total (Amount)up to ₹37.89 Crup to ₹9.23 Cr

IPO Timetable

Bhatia Colour Chem IPO opens on Mar 14, 2022, while Evoq Remedies IPO opens on Mar 17, 2022. The closing date of Bhatia Colour Chem IPO and Evoq Remedies IPO is Mar 16, 2022, and Mar 22, 2022, respectively.

 Bhatia Colour Chem IPOEvoq Remedies IPO
Issue OpenMar 14, 2022Mar 17, 2022
Issue CloseMar 16, 2022Mar 22, 2022
Basis Of Allotment (Tentative)Mar 21, 2022Mar 25, 2022
Initiation of Refunds (Tentative)Mar 28, 2022
Credit of Share (Tentative)Mar 29, 2022
Listing date (Tentative)Mar 24, 2022Mar 30, 2022

Financials & KPIs

Bhatia Colour Chem IPO P/E ratio is 166, as compared to Evoq Remedies IPO P/E ratio of 33.75.

 Bhatia Colour Chem IPOEvoq Remedies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended18 Feb 2022
Assets37.28
Total Income5.32
Profit After Tax0.35
EBITDA0.54
NET Worth16.67
Reserves and Surplus9.44
Total Borrowing0.16
Amount in ₹ Crore

Company Financials (Restated)

Period Ended10 Feb 202231 Mar 202131 Mar 202031 Mar 2019
Assets26.618.055.652.15
Total Income10.5710.029.073.25
Profit After Tax0.940.710.000.01
EBITDA1.250.950.000.02
NET Worth13.280.740.020.02
Reserves and Surplus3.280.730.010.01
Total Borrowing5.730.010.010.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74.65%99.99%
Promoter Shareholding (Post-Issue)44.14%73.53%
P/E Ratio16633.75
Market Cap₹97.87 Cr.₹36.72 Cr.
EPS₹10.05
RoNW96.94

Shares Offered

In the Bhatia Colour Chem IPO Retail Individual Investors (RII) are offered 23,68,000 shares while in Evoq Remedies IPO retail investors are offered 23,68,000 shares. Qualified Institutional Buyers (QIB) are offered in Bhatia Colour Chem IPO and in Evoq Remedies IPO.

 Bhatia Colour Chem IPOEvoq Remedies IPO
Market Maker Reservation2,64,000 shares1,80,000 shares
NII23,68,000 shares17,10,000 shares
RII23,68,000 shares17,10,000 shares
Total47,36,000 shares34,20,000 shares

Bids Received (Subscription)

Bhatia Colour Chem IPO subscribed 1.43x in total, whereas Evoq Remedies IPO subscribed 1.67x.

 Bhatia Colour Chem IPOEvoq Remedies IPO
NII (times)2.69x0.30x
RII (times)0.18x3.03x
Total (times)1.43x1.67x

Compare with others

Compare:

Bhatia Colour Chem IPO Vs Evoq Remedies IPO