Comparison between Bright Solar IPO and Supreme Engineering IPO.
IPO Details
Bright Solar IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Supreme Engineering IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Bright Solar IPO is up to ₹18.47 Cr whereas the issue size of the Supreme Engineering IPO is up to ₹16.88 Cr. The final issue price of Bright Solar IPO is ₹36.00 per share and of Supreme Engineering IPO is ₹27.00 per share.
IPO Timetable
Bright Solar IPO opens on Jun 26, 2018, while Supreme Engineering IPO opens on Aug 24, 2018. The closing date of Bright Solar IPO and Supreme Engineering IPO is Jun 29, 2018, and Aug 29, 2018, respectively.
| | Bright Solar IPO | Supreme Engineering IPO |
|---|
| Issue Open | Jun 26, 2018 | Aug 24, 2018 |
| Issue Close | Jun 29, 2018 | Aug 29, 2018 |
| Basis Of Allotment (Tentative) | Jul 04, 2018 | Sep 03, 2018 |
| Initiation of Refunds (Tentative) | Jul 06, 2018 | Sep 04, 2018 |
| Credit of Share (Tentative) | Jul 06, 2018 | Sep 05, 2018 |
| Listing date (Tentative) | Jul 09, 2018 | Sep 06, 2018 |
Financials & KPIs
Bright Solar IPO P/E ratio is , as compared to Supreme Engineering IPO P/E ratio of .
Shares Offered
In the Bright Solar IPO Retail Individual Investors (RII) are offered 25,65,000 shares while in Supreme Engineering IPO retail investors are offered 25,65,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Bright Solar IPO and 0 shares in Supreme Engineering IPO.
| | Bright Solar IPO | Supreme Engineering IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,70,000 shares | 3,32,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 25,65,000 shares | 31,24,000 shares |
| RII | 25,65,000 shares | 31,28,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 51,30,000 shares | 62,52,000 shares |
Bids Received (Subscription)
Bright Solar IPO subscribed 1.85x in total, whereas Supreme Engineering IPO subscribed 1.20x.
