BLS E-Services IPO vs R K SWAMY IPO

Comparison between BLS E-Services IPO and R K SWAMY IPO.

IPO Details

BLS E-Services IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while R K SWAMY IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of BLS E-Services IPO is up to ₹309.29 Cr whereas the issue size of the R K SWAMY IPO is up to ₹423.56 Cr. The final issue price of BLS E-Services IPO is ₹135.00 per share and of R K SWAMY IPO is ₹288.00 per share.

 BLS E-Services IPOR K SWAMY IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹129.00 per share₹270.00 per share
Issue Price (Upper)₹135.00 per share₹288.00 per share
Issue Price (Final)₹135.00 per share₹288.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹27.00 per share
Market Lot Size108 shares50 shares
Fresh Issue Size2,30,30,000 shares60,28,239 shares
Fresh Issue Size (Amount)up to ₹309.29 Crup to ₹173.46 Cr
OFS Issue Size0 shares86,91,862 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹250.10 Cr
Issue Size Total2,30,30,000 shares1,47,20,101 shares
Issue Size Total (Amount)up to ₹309.29 Crup to ₹423.56 Cr

IPO Timetable

BLS E-Services IPO opens on Jan 30, 2024, while R K SWAMY IPO opens on Mar 04, 2024. The closing date of BLS E-Services IPO and R K SWAMY IPO is Feb 01, 2024, and Mar 06, 2024, respectively.

 BLS E-Services IPOR K SWAMY IPO
Anchor Bid DateJan 29, 2024Mar 01, 2024
Issue OpenJan 30, 2024Mar 04, 2024
Issue CloseFeb 01, 2024Mar 06, 2024
Basis Of Allotment (Tentative)Feb 02, 2024Mar 07, 2024
Initiation of Refunds (Tentative)Feb 05, 2024Mar 11, 2024
Credit of Share (Tentative)Feb 05, 2024Mar 11, 2024
Listing date (Tentative)Feb 06, 2024Mar 12, 2024
Anchor Lockin End date 1Mar 03, 2024Apr 06, 2024
Anchor Lockin End date 2May 02, 2024Jun 05, 2024

Financials & KPIs

BLS E-Services IPO P/E ratio is 44.31, as compared to R K SWAMY IPO P/E ratio of 40.96.

 BLS E-Services IPOR K SWAMY IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets213.77179.4755.9340.59
Total Income158.05246.2998.4065.23
Profit After Tax14.6820.335.383.15
NET Worth120.37106.9415.079.68
Total Borrowing0.000.008.7611.02
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets252.23313.65406.44390.06
Total Income142.55299.91244.97183.22
Profit After Tax7.9331.2619.263.08
NET Worth146.66140.81111.9398.22
Reserves and Surplus28.8540.7912.27-0.43
Total Borrowing51.054.5128.7345.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.8083.03
Promoter Shareholding (Post-Issue)68.90
P/E Ratio44.3140.96
Market Cap₹1226.56 Cr.₹1453.37 Cr.
ROE33.33%16.47%
ROCE30.62%6.29%
Debt/Equity0.051.50
EPS₹3.05₹7.03
RoNW16.46%5.41%

Shares Offered

In the BLS E-Services IPO Retail Individual Investors (RII) are offered 20,72,700 shares while in R K SWAMY IPO retail investors are offered 20,72,700 shares. Qualified Institutional Buyers (QIB) are offered 62,18,154 shares in BLS E-Services IPO and 43,33,959 shares in R K SWAMY IPO.

 BLS E-Services IPOR K SWAMY IPO
Anchor Investor Reservation93,27,096 shares65,00,937 shares
Market Maker Reservation0 shares
QIB62,18,154 shares43,33,959 shares
NII31,09,050 shares21,66,979 shares
RII20,72,700 shares14,44,652 shares
Employee0 shares2,87,356 shares
Others
Total2,30,30,000 shares1,47,33,883 shares

Bids Received (Subscription)

BLS E-Services IPO subscribed 162.38x in total, whereas R K SWAMY IPO subscribed 25.78x.

 BLS E-Services IPOR K SWAMY IPO
QIB (times)123.30x20.58x
NII (times)300.05x34.24x
Big NII (times)305.27x35.73x
Small NII (times)289.59x31.27x
RII (times)236.53x33.31x
Employee (times)2.46x
Other (times)15.30x
Total (times)162.38x25.78x

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BLS E-Services IPO Vs R K SWAMY IPO