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Brisk Technovision IPO vs Harshdeep Hortico IPO

Comparison between Brisk Technovision IPO and Harshdeep Hortico IPO.

IPO Details

Brisk Technovision IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Harshdeep Hortico IPO is a SME Bookbuilding proposed to list at BSE SME.

 Brisk Technovision IPOHarshdeep Hortico IPO
LogoBrisk Technovision IPO LogoHarshdeep Hortico IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersSun Capital Advisory Services Pvt.Ltd.Hem Securities Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Brisk Technovision IPO is up to ₹11.86 Cr whereas the issue size of the Harshdeep Hortico IPO is up to ₹18.12 Cr. The final issue price of Brisk Technovision IPO is ₹156.00 per share and of Harshdeep Hortico IPO is ₹45.00 per share.

 Brisk Technovision IPOHarshdeep Hortico IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹42.00 per share
Issue Price (Upper)₹45.00 per share
Issue Price (Final)₹156.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares3000 shares
Fresh Issue Size0 shares40,26,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹18.12 Cr
OFS Issue Size7,60,000 shares0 shares
OFS Issue Size (Amount)up to ₹11.86 Crup to ₹0.00 Cr
Issue Size Total7,60,000 shares40,26,000 shares
Issue Size Total (Amount)up to ₹11.86 Crup to ₹18.12 Cr

IPO Timetable

Brisk Technovision IPO opens on Jan 23, 2024, while Harshdeep Hortico IPO opens on Jan 29, 2024. The closing date of Brisk Technovision IPO and Harshdeep Hortico IPO is Jan 25, 2024, and Jan 31, 2024, respectively.

 Brisk Technovision IPOHarshdeep Hortico IPO
Anchor Bid DateJan 25, 2024
Issue OpenJan 23, 2024Jan 29, 2024
Issue CloseJan 25, 2024Jan 31, 2024
Basis Of Allotment (Tentative)Jan 29, 2024Feb 01, 2024
Initiation of Refunds (Tentative)Jan 30, 2024Feb 02, 2024
Credit of Share (Tentative)Jan 30, 2024Feb 02, 2024
Listing date (Tentative)Jan 31, 2024Feb 05, 2024
Anchor Lockin End date 1Mar 02, 2024
Anchor Lockin End date 2May 01, 2024

Financials & KPIs

Brisk Technovision IPO P/E ratio is 15.69, as compared to Harshdeep Hortico IPO P/E ratio of 0.

 Brisk Technovision IPOHarshdeep Hortico IPO
Financials

Brisk Technovision Limited Financial Information (Restated)

Brisk Technovision Limited's revenue decreased by -16.64% and profit after tax (PAT) rose by 81.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,423.40679.73661.82562.52
Total Income1,577.271,840.302,207.631,691.02
Profit After Tax152.48198.90109.5414.51
Net Worth631.02478.54307.64198.07
Reserves and Surplus431.02278.54107.64197.07
Amount in ₹ Lakhs

Harshdeep Hortico Limited Financial Information (Restated)

Period Ended31 Jul 202331 Mar 2023
Assets3,059.494.89
Total Income1,482.84
Profit After Tax177.24-0.27
Net Worth1,325.824.73
Reserves and Surplus1,318.85-0.27
Total Borrowing636.82
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9997.38
Promoter Shareholding (Post-Issue)59.9971.72
P/E Ratio15.690
Market Cap₹31.20 Cr.₹72.42 Cr.
ROE41.56%
ROCE54.71%
Debt/Equity0.03
EPS₹9.95₹0.00
RoNW41.56%

Shares Offered

In the Brisk Technovision IPO Retail Individual Investors (RII) are offered 3,80,000 shares while in Harshdeep Hortico IPO retail investors are offered 3,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Brisk Technovision IPO and 8,04,000 shares in Harshdeep Hortico IPO.

 Brisk Technovision IPOHarshdeep Hortico IPO
Anchor Investor Reserveration12,06,000 shares
Market Maker Reserveration40,000 shares2,16,000 shares
QIB8,04,000 shares
NII3,80,000 shares6,06,000 shares
RII3,80,000 shares14,10,000 shares
Employee
Others
Total7,60,000 shares40,26,000 shares

Bids Received (Subscription)

Brisk Technovision IPO subscribed 47.10x in total, whereas Harshdeep Hortico IPO subscribed 131.69x.

 Brisk Technovision IPOHarshdeep Hortico IPO
QIB (times)213.53x
NII (times)58.14x181.95x
Big NII (times)
Small NII (times)
RII (times)35.87x98.25x
Employee (times)
Other (times)
Total (times)47.10x131.69x