Bhatia Colour Chem IPO vs Krishna Defence IPO

Comparison between Bhatia Colour Chem IPO and Krishna Defence IPO.

IPO Details

Bhatia Colour Chem IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Krishna Defence IPO is a SME Bookbuilding proposed to list at NSE 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 Krishna Defence IPO is up to ₹11.28 Cr. The final issue price of Bhatia Colour Chem IPO is ₹80.00 per share and of Krishna Defence IPO is ₹39.00 per share.

 Bhatia Colour Chem IPOKrishna Defence IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹37.00 per share
Issue Price (Upper)₹39.00 per share
Issue Price (Final)₹80.00 per share₹39.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size47,36,000 shares28,92,000 shares
Fresh Issue Size (Amount)up to ₹37.89 Crup to ₹11.28 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,36,000 shares28,92,000 shares
Issue Size Total (Amount)up to ₹37.89 Crup to ₹11.28 Cr

IPO Timetable

Bhatia Colour Chem IPO opens on Mar 14, 2022, while Krishna Defence IPO opens on Mar 25, 2022. The closing date of Bhatia Colour Chem IPO and Krishna Defence IPO is Mar 16, 2022, and Mar 29, 2022, respectively.

 Bhatia Colour Chem IPOKrishna Defence IPO
Anchor Bid DateMar 24, 2022
Issue OpenMar 14, 2022Mar 25, 2022
Issue CloseMar 16, 2022Mar 29, 2022
Basis Of Allotment (Tentative)Mar 21, 2022Apr 01, 2022
Initiation of Refunds (Tentative)Apr 04, 2022
Credit of Share (Tentative)Apr 05, 2022
Listing date (Tentative)Mar 24, 2022Apr 06, 2022
Anchor Lockin End date 1May 01, 2022

Financials & KPIs

Bhatia Colour Chem IPO P/E ratio is 166, as compared to Krishna Defence IPO P/E ratio of 18.

 Bhatia Colour Chem IPOKrishna Defence 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 Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets58.0456.2061.4166.00
Total Income20.9836.1925.7258.91
Profit After Tax1.221.940.752.06
EBITDA2.984.583.495.42
NET Worth19.2518.0316.0915.35
Reserves and Surplus10.8513.8311.8911.15
Total Borrowing23.5725.5725.6827.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74.65%100%
Promoter Shareholding (Post-Issue)44.14%73.38%
P/E Ratio16618
Market Cap₹97.87 Cr.₹44.65 Cr.
ROE10.74
ROCE10.87
Debt/Equity0.82
EPS₹2.31
RoNW10.74

Shares Offered

In the Bhatia Colour Chem IPO Retail Individual Investors (RII) are offered 23,68,000 shares while in Krishna Defence IPO retail investors are offered 23,68,000 shares. Qualified Institutional Buyers (QIB) are offered in Bhatia Colour Chem IPO and 5,79,000 shares in Krishna Defence IPO.

 Bhatia Colour Chem IPOKrishna Defence IPO
Anchor Investor Reservation8,64,000 shares
Market Maker Reservation2,64,000 shares1,56,000 shares
QIB5,79,000 shares
NII23,68,000 shares4,35,000 shares
RII23,68,000 shares10,14,000 shares
Total47,36,000 shares28,92,000 shares

Bids Received (Subscription)

Bhatia Colour Chem IPO subscribed 1.43x in total, whereas Krishna Defence IPO subscribed 74.84x.

 Bhatia Colour Chem IPOKrishna Defence IPO
QIB (times)22.04x
NII (times)2.69x159.90x
RII (times)0.18x132.28x
Total (times)1.43x74.84x

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Bhatia Colour Chem IPO Vs Krishna Defence IPO