Comparison between Bonlon Industries IPO and Suratwwala Business Group IPO.
IPO Details
Bonlon Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Suratwwala Business Group IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Bonlon Industries IPO is up to ₹9.99 Cr whereas the issue size of the Suratwwala Business Group IPO is up to ₹6.54 Cr. The final issue price of Bonlon Industries IPO is ₹28.00 per share and of Suratwwala Business Group IPO is ₹15.00 per share.
IPO Timetable
Bonlon Industries IPO opens on Jun 30, 2020, while Suratwwala Business Group IPO opens on Aug 03, 2020. The closing date of Bonlon Industries IPO and Suratwwala Business Group IPO is Jul 03, 2020, and Aug 05, 2020, respectively.
| | Bonlon Industries IPO | Suratwwala Business Group IPO |
|---|
| Issue Open | Jun 30, 2020 | Aug 03, 2020 |
| Issue Close | Jul 03, 2020 | Aug 05, 2020 |
| Basis Of Allotment (Tentative) | Jul 08, 2020 | Aug 10, 2020 |
| Initiation of Refunds (Tentative) | | Aug 11, 2020 |
| Credit of Share (Tentative) | | Aug 12, 2020 |
| Listing date (Tentative) | Jul 13, 2020 | Aug 13, 2020 |
Financials & KPIs
Bonlon Industries IPO P/E ratio is 7.39, as compared to Suratwwala Business Group IPO P/E ratio of 83.
Shares Offered
In the Bonlon Industries IPO Retail Individual Investors (RII) are offered 17,84,000 shares while in Suratwwala Business Group IPO retail investors are offered 17,84,000 shares. Qualified Institutional Buyers (QIB) are offered in Bonlon Industries IPO and in Suratwwala Business Group IPO.
| | Bonlon Industries IPO | Suratwwala Business Group IPO |
|---|
| Market Maker Reservation | 1,88,000 shares | 2,40,000 shares |
| NII | 17,84,000 shares | 21,76,000 shares |
| RII | 17,84,000 shares | 21,84,000 shares |
| Total | 35,68,000 shares | 43,60,000 shares |
Bids Received (Subscription)
Bonlon Industries IPO subscribed 1.36x in total, whereas Suratwwala Business Group IPO subscribed 1.31x.
