Comparison between Bhavik Enterprises IPO and SK Minerals IPO.
Bhavik Enterprises IPO is a SME Bookbuilding IPO proposed to list at BSE SME while SK Minerals IPO is a SME Bookbuilding proposed to list at BSE SME.
| Bhavik Enterprises IPO | SK Minerals IPO | |
|---|---|---|
| Logo |  | |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Khambatta Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bhavik Enterprises IPO is up to ₹73.08 Cr whereas the issue size of the SK Minerals IPO is up to ₹39.09 Cr. The final issue price of Bhavik Enterprises IPO is ₹140.00 per share and of SK Minerals IPO is ₹127.00 per share.
| Bhavik Enterprises IPO | SK Minerals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹120.00 per share | |
| Issue Price (Upper) | ₹127.00 per share | |
| Issue Price (Final) | ₹140.00 per share | ₹127.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1000 shares |
| Fresh Issue Size | 42,20,000 shares | 30,78,000 shares |
| Fresh Issue Size (Amount) | up to ₹59.08 Cr | up to ₹39.09 Cr |
| OFS Issue Size | 10,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹14.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 52,20,000 shares | 30,78,000 shares |
| Issue Size Total (Amount) | up to ₹73.08 Cr | up to ₹39.09 Cr |
Bhavik Enterprises IPO opens on Sep 25, 2025, while SK Minerals IPO opens on Oct 10, 2025. The closing date of Bhavik Enterprises IPO and SK Minerals IPO is Sep 30, 2025, and Oct 14, 2025, respectively.
| Bhavik Enterprises IPO | SK Minerals IPO | |
|---|---|---|
| Anchor Bid Date | Oct 09, 2025 | |
| Issue Open | Sep 25, 2025 | Oct 10, 2025 |
| Issue Close | Sep 30, 2025 | Oct 14, 2025 |
| Basis Of Allotment (Tentative) | Oct 01, 2025 | Oct 15, 2025 |
| Initiation of Refunds (Tentative) | Oct 03, 2025 | Oct 16, 2025 |
| Credit of Share (Tentative) | Oct 03, 2025 | Oct 16, 2025 |
| Listing date (Tentative) | Oct 06, 2025 | Oct 17, 2025 |
| Anchor Lockin End date 1 | Nov 14, 2025 | |
| Anchor Lockin End date 2 | Jan 13, 2026 |
Bhavik Enterprises IPO P/E ratio is 39.07, as compared to SK Minerals IPO P/E ratio of 10.45.
| Bhavik Enterprises IPO | SK Minerals IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Bhavik Enterprises Ltd.'s revenue increased by 6% and profit after tax (PAT) dropped by 28% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Standalone)SK Minerals & Additives Ltd.'s revenue increased by 95% and profit after tax (PAT) rose by 253% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.99 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.98 | 73.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 39.07 | 10.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹285.01 Cr. | ₹155.45 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.97% | 46.23% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 7.84% | 22.88% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.58 | ₹12.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.80% | 46.23% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bhavik Enterprises IPO Retail Individual Investors (RII) are offered 26,10,000 shares while in SK Minerals IPO retail investors are offered 26,10,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Bhavik Enterprises IPO and 6,15,000 shares in SK Minerals IPO.
| Bhavik Enterprises IPO | SK Minerals IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 9,23,000 shares |
| Market Maker Reservation | 2,80,000 shares | 1,62,000 shares |
| QIB | 0 shares | 6,15,000 shares |
| NII | 26,10,000 shares | 4,62,000 shares |
| RII | 26,10,000 shares | 10,78,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 52,20,000 shares | 30,78,000 shares |
Bhavik Enterprises IPO subscribed 1.07x in total, whereas SK Minerals IPO subscribed 3.52x.
| Bhavik Enterprises IPO | SK Minerals IPO | |
|---|---|---|
| QIB (times) | 1.01x | |
| NII (times) | 1.30x | 7.15x |
| Big NII (times) | 8.84x | |
| Small NII (times) | 3.79x | |
| RII (times) | 0.67x | 3.39x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.07x | 3.52x |
