Comparison between Bhadora Industries IPO and NAPS Global IPO.
Bhadora Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while NAPS Global IPO is a SME Fixed Price proposed to list at BSE SME.
| Bhadora Industries IPO | NAPS Global IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Unistone Capital Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bhadora Industries IPO is up to ₹52.80 Cr whereas the issue size of the NAPS Global IPO is up to ₹11.23 Cr. The final issue price of Bhadora Industries IPO is ₹103.00 per share and of NAPS Global IPO is ₹90.00 per share.
| Bhadora Industries IPO | NAPS Global IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹97.00 per share | |
| Issue Price (Upper) | ₹103.00 per share | |
| Issue Price (Final) | ₹103.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 51,26,400 shares | 12,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹52.80 Cr | up to ₹11.23 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 51,26,400 shares | 12,48,000 shares |
| Issue Size Total (Amount) | up to ₹52.80 Cr | up to ₹11.23 Cr |
Bhadora Industries IPO opens on Aug 04, 2025, while NAPS Global IPO opens on Mar 04, 2025. The closing date of Bhadora Industries IPO and NAPS Global IPO is Aug 06, 2025, and Mar 06, 2025, respectively.
| Bhadora Industries IPO | NAPS Global IPO | |
|---|---|---|
| Anchor Bid Date | Aug 01, 2025 | |
| Issue Open | Aug 04, 2025 | Mar 04, 2025 |
| Issue Close | Aug 06, 2025 | Mar 06, 2025 |
| Basis Of Allotment (Tentative) | Aug 07, 2025 | Mar 07, 2025 |
| Initiation of Refunds (Tentative) | Aug 08, 2025 | Mar 10, 2025 |
| Credit of Share (Tentative) | Aug 08, 2025 | Mar 10, 2025 |
| Listing date (Tentative) | Aug 11, 2025 | Mar 11, 2025 |
| Anchor Lockin End date 1 | Sep 06, 2025 | |
| Anchor Lockin End date 2 | Nov 05, 2025 |
Bhadora Industries IPO P/E ratio is 12.6, as compared to NAPS Global IPO P/E ratio of 19.27.
| Bhadora Industries IPO | NAPS Global IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Bhadora Industries Ltd.'s revenue increased by 33% and profit after tax (PAT) rose by 118% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.42 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.59 | 70.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.6 | 19.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹191.58 Cr. | ₹39.87 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 51.51 | 59.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 42.41 | 47.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.17 | ₹4.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 51.51 | 38.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bhadora Industries IPO Retail Individual Investors (RII) are offered 17,95,200 shares while in NAPS Global IPO retail investors are offered 17,95,200 shares. Qualified Institutional Buyers (QIB) are offered 10,22,400 shares in Bhadora Industries IPO and 0 shares in NAPS Global IPO.
| Bhadora Industries IPO | NAPS Global IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,31,200 shares | 0 shares |
| Market Maker Reservation | 2,73,600 shares | 72,000 shares |
| QIB | 10,22,400 shares | 0 shares |
| NII | 7,77,600 shares | 4,19,200 shares |
| RII | 17,95,200 shares | 8,28,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 51,26,400 shares | 12,48,000 shares |
Bhadora Industries IPO subscribed 0.96x in total, whereas NAPS Global IPO subscribed 1.19x.
| Bhadora Industries IPO | NAPS Global IPO | |
|---|---|---|
| QIB (times) | 0.68x | |
| NII (times) | 1.28x | 0.78x |
| Big NII (times) | 1.18x | |
| Small NII (times) | 1.49x | |
| RII (times) | 0.98x | 1.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.96x | 1.19x |
