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Brace Port Logistics IPO vs Picturepost Studios IPO

Comparison between Brace Port Logistics IPO and Picturepost Studios IPO.

IPO Details

Brace Port Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Picturepost Studios IPO is a SME Bookbuilding proposed to list at NSE SME.

 Brace Port Logistics IPOPicturepost Studios IPO
LogoBrace Port Logistics IPO LogoPicturepost Studios IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHolani Consultants Pvt.Ltd.Shreni Shares Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHolani Consultants Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Brace Port Logistics IPO is up to ₹23.17 Cr whereas the issue size of the Picturepost Studios IPO is up to ₹17.77 Cr. The final issue price of Brace Port Logistics IPO is ₹80.00 per share and of Picturepost Studios IPO is ₹24.00 per share.

 Brace Port Logistics IPOPicturepost Studios IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹76.00 per share₹22.00 per share
Issue Price (Upper)₹80.00 per share₹24.00 per share
Issue Price (Final)₹80.00 per share₹24.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares6000 shares
Fresh Issue Size28,96,000 shares74,04,000 shares
Fresh Issue Size (Amount)up to ₹23.17 Crup to ₹17.77 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,96,000 shares74,04,000 shares
Issue Size Total (Amount)up to ₹23.17 Crup to ₹17.77 Cr

IPO Timetable

Brace Port Logistics IPO opens on Aug 19, 2024, while Picturepost Studios IPO opens on Aug 02, 2024. The closing date of Brace Port Logistics IPO and Picturepost Studios IPO is Aug 21, 2024, and Aug 06, 2024, respectively.

 Brace Port Logistics IPOPicturepost Studios IPO
Anchor Bid DateAug 16, 2024Aug 01, 2024
Issue OpenAug 19, 2024Aug 02, 2024
Issue CloseAug 21, 2024Aug 06, 2024
Basis Of Allotment (Tentative)Aug 22, 2024Aug 07, 2024
Initiation of Refunds (Tentative)Aug 23, 2024Aug 08, 2024
Credit of Share (Tentative)Aug 23, 2024Aug 08, 2024
Listing date (Tentative)Aug 26, 2024Aug 09, 2024
Anchor Lockin End date 1Sep 21, 2024Sep 06, 2024
Anchor Lockin End date 2Nov 20, 2024Nov 05, 2024

Financials & KPIs

Brace Port Logistics IPO P/E ratio is 13.49, as compared to Picturepost Studios IPO P/E ratio of 15.02.

 Brace Port Logistics IPOPicturepost Studios IPO
Financials

Brace Port Logistics Limited Financial Information (Restated Standalone)

Brace Port Logistics Limited's revenue decreased by -22% and profit after tax (PAT) dropped by -21% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets2,783.291,310.781,179.14409.61
Total Income5,524.597,093.665,419.57706.25
Profit After Tax489.13618.09322.3922.57
Net Worth1,377.18888.05419.9697.57
Reserves and Surplus552.18813.05344.9622.57
Total Borrowing48.9759.165.62
Amount in ₹ Lakhs

Picture Post Studios Limited Financial Information (Restated)

Picture Post Studios Limited's revenue increased by 144.6% and profit after tax (PAT) rose by 472.89% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,832.99843.801.95
Total Income2,654.741,085.3529.00
Profit After Tax343.5659.9721.69
Net Worth858.89113.011.45
Reserves and Surplus485.01
Total Borrowing817.69273.40
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)96.0493.02
Promoter Shareholding (Post-Issue)68.27
P/E Ratio13.4915.02
Market Cap₹90.41 Cr.₹70.32 Cr.
ROE43.19%68.03%
ROCE47.05%26.75%
Debt/Equity0.040.79
EPS₹5.93₹1.60
RoNW35.52%55.64%

Shares Offered

In the Brace Port Logistics IPO Retail Individual Investors (RII) are offered 12,00,000 shares while in Picturepost Studios IPO retail investors are offered 12,00,000 shares. Qualified Institutional Buyers (QIB) are offered 3,58,400 shares in Brace Port Logistics IPO and 14,82,000 shares in Picturepost Studios IPO.

 Brace Port Logistics IPOPicturepost Studios IPO
Anchor Investor Reserveration5,37,600 shares22,08,000 shares
Market Maker Reserveration1,55,200 shares3,96,000 shares
QIB3,58,400 shares14,82,000 shares
NII8,00,000 shares11,16,000 shares
RII12,00,000 shares25,98,000 shares
Employee
Others
Total28,96,000 shares74,04,000 shares

Bids Received (Subscription)

Brace Port Logistics IPO subscribed 657.81x in total, whereas Picturepost Studios IPO subscribed 266.60x.

 Brace Port Logistics IPOPicturepost Studios IPO
QIB (times)450.04x101.19x
NII (times)854.49x389.67x
Big NII (times)
Small NII (times)
RII (times)588.74x308.09x
Employee (times)
Other (times)
Total (times)657.81x266.60x