Benara Bearings IPO vs Inflame Appliances IPO

Comparison between Benara Bearings IPO and Inflame Appliances IPO.

IPO Details

Benara Bearings IPO is a SME Fixed Price IPO proposed to list at BSE SME while Inflame Appliances IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Benara Bearings IPO is up to ₹31.78 Cr whereas the issue size of the Inflame Appliances IPO is up to ₹6.13 Cr. The final issue price of Benara Bearings IPO is ₹63.00 per share and of Inflame Appliances IPO is ₹54.00 per share.

 Benara Bearings IPOInflame Appliances IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹63.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size50,44,000 shares11,36,000 shares
Fresh Issue Size (Amount)up to ₹31.78 Crup to ₹6.13 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total50,44,000 shares11,36,000 shares
Issue Size Total (Amount)up to ₹31.78 Crup to ₹6.13 Cr

IPO Timetable

Benara Bearings IPO opens on Mar 20, 2018, while Inflame Appliances IPO opens on Mar 06, 2018. The closing date of Benara Bearings IPO and Inflame Appliances IPO is Mar 22, 2018, and Mar 08, 2018, respectively.

 Benara Bearings IPOInflame Appliances IPO
Issue OpenMar 20, 2018Mar 06, 2018
Issue CloseMar 22, 2018Mar 08, 2018
Basis Of Allotment (Tentative)Mar 28, 2018Mar 13, 2018
Listing date (Tentative)Apr 03, 2018Mar 16, 2018

Financials & KPIs

Benara Bearings IPO P/E ratio is , as compared to Inflame Appliances IPO P/E ratio of .

 Benara Bearings IPOInflame Appliances IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets70.9461.1951.5243.84
Total Income46.14104.3880.2471.81
Profit After Tax2.584.550.760.46
NET Worth22.6020.0115.4611.70
Reserves and Surplus19.5016.9212.369.20
Total Borrowing37.8733.8627.1123.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended20 Jan 201831 Mar 201731 Mar 201631 Mar 2015
Assets10.695.761.700.02
Total Income25.4218.063.92
Profit After Tax0.800.460.06-0.01
NET Worth3.190.790.290.01
Reserves and Surplus0.44
Total Borrowing0.840.720.15
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.91%100.00%
Promoter Shareholding (Post-Issue)69.91%70.00%
Market Cap₹111.56 Cr.₹21.60 Cr.

Shares Offered

In the Benara Bearings IPO Retail Individual Investors (RII) are offered 24,84,000 shares while in Inflame Appliances IPO retail investors are offered 24,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Benara Bearings IPO and 0 shares in Inflame Appliances IPO.

 Benara Bearings IPOInflame Appliances IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,72,000 shares64,000 shares
QIB0 shares0 shares
NII24,84,000 shares5,68,000 shares
RII24,84,000 shares5,68,000 shares
Employee76,000 shares0 shares
Total50,44,000 shares11,36,000 shares

Bids Received (Subscription)

Benara Bearings IPO subscribed 1.91x in total, whereas Inflame Appliances IPO subscribed 2.35x.

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Benara Bearings IPO Vs Inflame Appliances IPO