Bansal Multiflex IPO vs Shrenik IPO

Comparison between Bansal Multiflex IPO and Shrenik IPO.

IPO Details

Bansal Multiflex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shrenik IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Bansal Multiflex IPO is up to ₹5.88 Cr whereas the issue size of the Shrenik IPO is up to ₹20.45 Cr. The final issue price of Bansal Multiflex IPO is ₹31.00 per share and of Shrenik IPO is ₹40.00 per share.

 Bansal Multiflex IPOShrenik IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹31.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size18,96,000 shares51,12,000 shares
Fresh Issue Size (Amount)up to ₹5.88 Crup to ₹20.45 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,96,000 shares51,12,000 shares
Issue Size Total (Amount)up to ₹5.88 Crup to ₹20.45 Cr

IPO Timetable

Bansal Multiflex IPO opens on Jun 30, 2017, while Shrenik IPO opens on Jul 06, 2017. The closing date of Bansal Multiflex IPO and Shrenik IPO is Jul 04, 2017, and Jul 10, 2017, respectively.

 Bansal Multiflex IPOShrenik IPO
Issue OpenJun 30, 2017Jul 06, 2017
Issue CloseJul 04, 2017Jul 10, 2017
Basis Of Allotment (Tentative)Jul 07, 2017Jul 13, 2017
Listing date (Tentative)Jul 12, 2017Jul 18, 2017

Financials & KPIs

Bansal Multiflex IPO P/E ratio is , as compared to Shrenik IPO P/E ratio of .

 Bansal Multiflex IPOShrenik IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets19.820.590.18
Total Income11.772.131.77
Profit After Tax0.380.020.01
NET Worth5.830.050.03
Reserves and Surplus0.420.040.02
Total Borrowing6.310.190.12
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets144.64113.4180.24
Total Income428.09329.47265.86
Profit After Tax4.192.941.03
NET Worth27.8223.638.09
Reserves and Surplus12.828.632.09
Total Borrowing87.4561.3359.48
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.01%73.52%
Market Cap₹22.97 Cr.₹81.60 Cr.

Shares Offered

In the Bansal Multiflex IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in Shrenik IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Bansal Multiflex IPO and 0 shares in Shrenik IPO.

 Bansal Multiflex IPOShrenik IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,04,000 shares2,88,000 shares
QIB0 shares0 shares
NII9,48,000 shares25,56,000 shares
RII9,48,000 shares25,56,000 shares
Employee0 shares0 shares
Total18,96,000 shares51,12,000 shares

Bids Received (Subscription)

Bansal Multiflex IPO subscribed 4.53x in total, whereas Shrenik IPO subscribed 3.13x.

 Bansal Multiflex IPOShrenik IPO
NII (times)2.39x2.69x
RII (times)6.67x3.56x
Total (times)4.53x3.13x

Compare with others

Compare:

Bansal Multiflex IPO Vs Shrenik IPO