Comparison between Bhakti Gems IPO and Shri Ram Switchgears IPO.
Bhakti Gems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shri Ram Switchgears IPO is a SME Fixed Price proposed to list at NSE SME.
| Bhakti Gems IPO | Shri Ram Switchgears IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Oneview Corporate Advisors Pvt.Ltd. | Sarthi Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Guiness Securities Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bhakti Gems IPO is up to ₹3.72 Cr whereas the issue size of the Shri Ram Switchgears IPO is up to ₹4.81 Cr. The final issue price of Bhakti Gems IPO is ₹20.00 per share and of Shri Ram Switchgears IPO is ₹19.00 per share.
| Bhakti Gems IPO | Shri Ram Switchgears IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹20.00 per share | ₹19.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 6000 shares | 6000 shares |
| Fresh Issue Size | 18,60,000 shares | 25,32,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.72 Cr | up to ₹4.81 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 | 18,60,000 shares | 25,32,000 shares |
| Issue Size Total (Amount) | up to ₹3.72 Cr | up to ₹4.81 Cr |
Bhakti Gems IPO opens on May 17, 2017, while Shri Ram Switchgears IPO opens on May 25, 2017. The closing date of Bhakti Gems IPO and Shri Ram Switchgears IPO is May 22, 2017, and May 30, 2017, respectively.
| Bhakti Gems IPO | Shri Ram Switchgears IPO | |
|---|---|---|
| Issue Open | May 17, 2017 | May 25, 2017 |
| Issue Close | May 22, 2017 | May 30, 2017 |
| Basis Of Allotment (Tentative) | May 25, 2017 | Jun 02, 2017 |
| Listing date (Tentative) | May 30, 2017 | Jun 07, 2017 |
Bhakti Gems IPO P/E ratio is , as compared to Shri Ram Switchgears IPO P/E ratio of .
| Bhakti Gems IPO | Shri Ram Switchgears IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.69% | 82.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.86% | 60.81% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13.63 Cr. | ₹19.02 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bhakti Gems IPO Retail Individual Investors (RII) are offered 9,30,000 shares while in Shri Ram Switchgears IPO retail investors are offered 9,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Bhakti Gems IPO and in Shri Ram Switchgears IPO.
| Bhakti Gems IPO | Shri Ram Switchgears IPO | |
|---|---|---|
| Market Maker Reservation | 1,02,000 shares | 1,38,000 shares |
| NII | 9,30,000 shares | 12,66,000 shares |
| RII | 9,30,000 shares | 12,66,000 shares |
| Total | 18,60,000 shares | 25,32,000 shares |
Bhakti Gems IPO subscribed 2.82x in total, whereas Shri Ram Switchgears IPO subscribed 72.49x.
| Bhakti Gems IPO | Shri Ram Switchgears IPO | |
|---|---|---|
| NII (times) | 0.00x | 56.72x |
| RII (times) | 0.00x | 88.27x |
| Total (times) | 2.82x | 72.49x |
