Benara Bearings IPO vs Shreeshay Engineers IPO

Comparison between Benara Bearings IPO and Shreeshay Engineers IPO.

IPO Details

Benara Bearings IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shreeshay Engineers IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Benara Bearings IPO is up to ₹31.78 Cr whereas the issue size of the Shreeshay Engineers IPO is up to ₹5.11 Cr. The final issue price of Benara Bearings IPO is ₹63.00 per share and of Shreeshay Engineers IPO is ₹15.00 per share.

 Benara Bearings IPOShreeshay Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹63.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size2000 shares8000 shares
Fresh Issue Size50,44,000 shares34,08,000 shares
Fresh Issue Size (Amount)up to ₹31.78 Crup to ₹5.11 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total50,44,000 shares34,08,000 shares
Issue Size Total (Amount)up to ₹31.78 Crup to ₹5.11 Cr

IPO Timetable

Benara Bearings IPO opens on Mar 20, 2018, while Shreeshay Engineers IPO opens on Mar 09, 2018. The closing date of Benara Bearings IPO and Shreeshay Engineers IPO is Mar 22, 2018, and Mar 13, 2018, respectively.

 Benara Bearings IPOShreeshay Engineers IPO
Issue OpenMar 20, 2018Mar 09, 2018
Issue CloseMar 22, 2018Mar 13, 2018
Basis Of Allotment (Tentative)Mar 28, 2018Mar 16, 2018
Listing date (Tentative)Apr 03, 2018Mar 21, 2018

Financials & KPIs

Benara Bearings IPO P/E ratio is , as compared to Shreeshay Engineers IPO P/E ratio of .

 Benara Bearings IPOShreeshay Engineers IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets70.9461.1951.5243.84
Total Income46.14104.3880.2471.81
Profit After Tax2.584.550.760.46
NET Worth22.6020.0115.4611.70
Reserves and Surplus19.5016.9212.369.20
Total Borrowing37.8733.8627.1123.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 201731 Mar 201731 Mar 201631 Mar 2015
Assets14.861.401.281.25
Total Income0.290.220.100.10
Profit After Tax0.150.160.040.04
NET Worth14.331.311.151.11
Reserves and Surplus4.960.820.670.62
Total Borrowing0.240.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.91%100%
Promoter Shareholding (Post-Issue)69.91%72.73%
Market Cap₹111.56 Cr.₹19.81 Cr.

Shares Offered

In the Benara Bearings IPO Retail Individual Investors (RII) are offered 24,84,000 shares while in Shreeshay Engineers IPO retail investors are offered 24,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Benara Bearings IPO and in Shreeshay Engineers IPO.

 Benara Bearings IPOShreeshay Engineers IPO
Anchor Investor Reservation0 shares
Market Maker Reservation2,72,000 shares1,92,000 shares
QIB0 shares
NII24,84,000 shares17,04,000 shares
RII24,84,000 shares17,04,000 shares
Employee76,000 shares
Total50,44,000 shares34,08,000 shares

Bids Received (Subscription)

Benara Bearings IPO subscribed 1.91x in total, whereas Shreeshay Engineers IPO subscribed 1.11x.

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Benara Bearings IPO Vs Shreeshay Engineers IPO