Comparison between Bondada Engineering IPO and Shoora Designs IPO.
Bondada Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shoora Designs IPO is a SME Fixed Price proposed to list at BSE SME.
| Bondada Engineering IPO | Shoora Designs IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rikhav Securities Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bondada Engineering IPO is up to ₹40.56 Cr whereas the issue size of the Shoora Designs IPO is up to ₹1.90 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of Shoora Designs IPO is ₹48.00 per share.
| Bondada Engineering IPO | Shoora Designs IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹75.00 per share | ₹48.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 54,08,000 shares | 3,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹40.56 Cr | up to ₹1.90 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 | 54,08,000 shares | 3,96,000 shares |
| Issue Size Total (Amount) | up to ₹40.56 Cr | up to ₹1.90 Cr |
Bondada Engineering IPO opens on Aug 18, 2023, while Shoora Designs IPO opens on Aug 17, 2023. The closing date of Bondada Engineering IPO and Shoora Designs IPO is Aug 22, 2023, and Aug 21, 2023, respectively.
| Bondada Engineering IPO | Shoora Designs IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 18, 2023 | Aug 17, 2023 |
| Issue Close | Aug 22, 2023 | Aug 21, 2023 |
| Basis Of Allotment (Tentative) | Aug 25, 2023 | Aug 24, 2023 |
| Initiation of Refunds (Tentative) | Aug 28, 2023 | Aug 25, 2023 |
| Credit of Share (Tentative) | Aug 29, 2023 | Aug 28, 2023 |
| Listing date (Tentative) | Aug 30, 2023 | Aug 29, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bondada Engineering IPO P/E ratio is 6.56, as compared to Shoora Designs IPO P/E ratio of 35.82.
| Bondada Engineering IPO | Shoora Designs IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.33 | 71.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.56 | 35.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹162.02 Cr. | ₹7.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.77% | 14.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.63% | 9.89% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.43 | ₹1.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.77% | 7.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bondada Engineering IPO Retail Individual Investors (RII) are offered 27,04,000 shares while in Shoora Designs IPO retail investors are offered 27,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Bondada Engineering IPO and in Shoora Designs IPO.
| Bondada Engineering IPO | Shoora Designs IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,88,000 shares | 27,000 shares |
| QIB | ||
| NII | 27,04,000 shares | 1,98,000 shares |
| RII | 27,04,000 shares | 1,98,000 shares |
| Employee | ||
| Others | ||
| Total | 54,08,000 shares | 3,96,000 shares |
Bondada Engineering IPO subscribed 112.28x in total, whereas Shoora Designs IPO subscribed 64.52x.
| Bondada Engineering IPO | Shoora Designs IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 115.46x | 34.68x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 100.05x | 93.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 112.28x | 64.52x |
