Brisk Technovision IPO vs Maxposure IPO

Comparison between Brisk Technovision IPO and Maxposure IPO.

IPO Details

Brisk Technovision IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Maxposure IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Brisk Technovision IPO is up to ₹11.86 Cr whereas the issue size of the Maxposure IPO is up to ₹19.03 Cr. The final issue price of Brisk Technovision IPO is ₹156.00 per share and of Maxposure IPO is ₹33.00 per share.

 Brisk Technovision IPOMaxposure IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹31.00 per share
Issue Price (Upper)₹33.00 per share
Issue Price (Final)₹156.00 per share₹33.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares4000 shares
Fresh Issue Size0 shares57,68,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹19.03 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 shares57,68,000 shares
Issue Size Total (Amount)up to ₹11.86 Crup to ₹19.03 Cr

IPO Timetable

Brisk Technovision IPO opens on Jan 23, 2024, while Maxposure IPO opens on Jan 15, 2024. The closing date of Brisk Technovision IPO and Maxposure IPO is Jan 25, 2024, and Jan 17, 2024, respectively.

 Brisk Technovision IPOMaxposure IPO
Anchor Bid DateJan 12, 2024
Issue OpenJan 23, 2024Jan 15, 2024
Issue CloseJan 25, 2024Jan 17, 2024
Basis Of Allotment (Tentative)Jan 29, 2024Jan 18, 2024
Initiation of Refunds (Tentative)Jan 30, 2024Jan 19, 2024
Credit of Share (Tentative)Jan 30, 2024Jan 19, 2024
Listing date (Tentative)Jan 31, 2024Jan 23, 2024
Anchor Lockin End date 1Feb 17, 2024
Anchor Lockin End date 2Apr 17, 2024

Financials & KPIs

Brisk Technovision IPO P/E ratio is 15.69, as compared to Maxposure IPO P/E ratio of 12.42.

 Brisk Technovision IPOMaxposure IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets14.236.806.625.63
Total Income15.7718.4022.0816.91
Profit After Tax1.521.991.100.15
NET Worth6.314.793.081.98
Reserves and Surplus4.312.791.081.97
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets53.5548.7944.8540.10
Total Income20.5933.5633.2122.47
Profit After Tax3.714.410.350.36
NET Worth34.7831.1426.6626.31
Reserves and Surplus31.4627.7523.3422.99
Total Borrowing4.623.342.944.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9984.35
Promoter Shareholding (Post-Issue)59.9961.58
P/E Ratio15.6912.42
Market Cap₹31.20 Cr.₹75.05 Cr.
ROE41.56%14.39%
ROCE54.71%19.55%
Debt/Equity0.030.03
EPS₹9.95₹2.66
RoNW41.56%14.20%

Shares Offered

In the Brisk Technovision IPO Retail Individual Investors (RII) are offered 3,80,000 shares while in Maxposure IPO retail investors are offered 3,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Brisk Technovision IPO and 11,40,000 shares in Maxposure IPO.

 Brisk Technovision IPOMaxposure IPO
Anchor Investor Reservation17,00,000 shares
Market Maker Reservation40,000 shares3,72,000 shares
QIB11,40,000 shares
NII3,80,000 shares8,80,000 shares
RII3,80,000 shares20,48,000 shares
Employee
Others
Total7,60,000 shares57,68,000 shares

Bids Received (Subscription)

Brisk Technovision IPO subscribed 47.10x in total, whereas Maxposure IPO subscribed 987.47x.

 Brisk Technovision IPOMaxposure IPO
QIB (times)162.35x
NII (times)58.14x1,947.55x
Big NII (times)
Small NII (times)
RII (times)35.87x1,034.23x
Employee (times)
Other (times)
Total (times)47.10x987.47x

Compare with others

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Brisk Technovision IPO Vs Maxposure IPO