Comparison between Bright Solar IPO and Ushanti Colour Chem IPO.
IPO Details
Bright Solar IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ushanti Colour Chem IPO is a SME Fixed Price 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 Ushanti Colour Chem IPO is up to ₹10.97 Cr. The final issue price of Bright Solar IPO is ₹36.00 per share and of Ushanti Colour Chem IPO is ₹60.00 per share.
IPO Timetable
Bright Solar IPO opens on Jun 26, 2018, while Ushanti Colour Chem IPO opens on Jul 23, 2018. The closing date of Bright Solar IPO and Ushanti Colour Chem IPO is Jun 29, 2018, and Jul 25, 2018, respectively.
| | Bright Solar IPO | Ushanti Colour Chem IPO |
|---|
| Issue Open | Jun 26, 2018 | Jul 23, 2018 |
| Issue Close | Jun 29, 2018 | Jul 25, 2018 |
| Basis Of Allotment (Tentative) | Jul 04, 2018 | Jul 30, 2018 |
| Initiation of Refunds (Tentative) | Jul 06, 2018 | Jul 31, 2018 |
| Credit of Share (Tentative) | Jul 06, 2018 | Aug 01, 2018 |
| Listing date (Tentative) | Jul 09, 2018 | Aug 02, 2018 |
Financials & KPIs
Bright Solar IPO P/E ratio is , as compared to Ushanti Colour Chem IPO P/E ratio of .
Shares Offered
In the Bright Solar IPO Retail Individual Investors (RII) are offered 25,65,000 shares while in Ushanti Colour Chem 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 Ushanti Colour Chem IPO.
| | Bright Solar IPO | Ushanti Colour Chem IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,70,000 shares | 98,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 25,65,000 shares | 9,14,000 shares |
| RII | 25,65,000 shares | 9,14,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 51,30,000 shares | 18,28,000 shares |
Bids Received (Subscription)
Bright Solar IPO subscribed 1.85x in total, whereas Ushanti Colour Chem IPO subscribed 6.22x.
