Bhakti Gems IPO vs InfoBeans Technologies IPO

Comparison between Bhakti Gems IPO and InfoBeans Technologies IPO.

IPO Details

Bhakti Gems IPO is a SME Fixed Price IPO proposed to list at BSE SME while InfoBeans Technologies IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Bhakti Gems IPO is up to ₹3.72 Cr whereas the issue size of the InfoBeans Technologies IPO is up to ₹34.94 Cr. The final issue price of Bhakti Gems IPO is ₹20.00 per share and of InfoBeans Technologies IPO is ₹58.00 per share.

 Bhakti Gems IPOInfoBeans Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹58.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size18,60,000 shares60,24,000 shares
Fresh Issue Size (Amount)up to ₹3.72 Crup to ₹34.94 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,60,000 shares60,24,000 shares
Issue Size Total (Amount)up to ₹3.72 Crup to ₹34.94 Cr

IPO Timetable

Bhakti Gems IPO opens on May 17, 2017, while InfoBeans Technologies IPO opens on Apr 18, 2017. The closing date of Bhakti Gems IPO and InfoBeans Technologies IPO is May 22, 2017, and Apr 21, 2017, respectively.

 Bhakti Gems IPOInfoBeans Technologies IPO
Issue OpenMay 17, 2017Apr 18, 2017
Issue CloseMay 22, 2017Apr 21, 2017
Basis Of Allotment (Tentative)May 25, 2017Apr 26, 2017
Listing date (Tentative)May 30, 2017May 02, 2017

Financials & KPIs

Bhakti Gems IPO P/E ratio is , as compared to InfoBeans Technologies IPO P/E ratio of .

 Bhakti Gems IPOInfoBeans Technologies IPO
Financials

Company Financials (Restated)

Period Ended28 Feb 201731 Mar 201631 Mar 201531 Mar 2014
Assets8.624.943.663.51
Total Income20.6319.3018.4111.22
Profit After Tax0.490.010.010.00
NET Worth6.432.811.241.22
Reserves and Surplus1.662.250.990.97
Total Borrowing1.632.130.79
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Dec 201631 Mar 201631 Mar 201531 Mar 2014
Assets55.2246.8931.0826.26
Total Income50.6862.0635.3533.11
Profit After Tax7.1613.425.439.14
NET Worth48.2441.0827.7522.01
Reserves and Surplus43.1936.0322.7017.11
Total Borrowing2.650.070.031.06
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.69%100%
Promoter Shareholding (Post-Issue)63.86%73.59%
Market Cap₹13.63 Cr.₹139.29 Cr.

Shares Offered

In the Bhakti Gems IPO Retail Individual Investors (RII) are offered 9,30,000 shares while in InfoBeans Technologies IPO retail investors are offered 9,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Bhakti Gems IPO and 24,06,000 shares in InfoBeans Technologies IPO.

 Bhakti Gems IPOInfoBeans Technologies IPO
Market Maker Reservation1,02,000 shares3,18,000 shares
QIB24,06,000 shares
NII9,30,000 shares6,06,000 shares
RII9,30,000 shares30,12,000 shares
Employee0 shares
Total18,60,000 shares60,24,000 shares

Bids Received (Subscription)

Bhakti Gems IPO subscribed 2.82x in total, whereas InfoBeans Technologies IPO subscribed 32.95x.

 Bhakti Gems IPOInfoBeans Technologies IPO
QIB (times)1.75x
NII (times)0.00x189.60x
RII (times)0.00x26.36x
Total (times)2.82x32.95x

Compare with others

Compare:

Bhakti Gems IPO Vs InfoBeans Technologies IPO