Comparison between Bondada Engineering IPO and Zeal Global Services IPO.
IPO Details
Bondada Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Zeal Global Services IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Bondada Engineering IPO is up to ₹40.56 Cr whereas the issue size of the Zeal Global Services IPO is up to ₹34.63 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of Zeal Global Services IPO is ₹103.00 per share.
IPO Timetable
Bondada Engineering IPO opens on Aug 18, 2023, while Zeal Global Services IPO opens on Jul 28, 2023. The closing date of Bondada Engineering IPO and Zeal Global Services IPO is Aug 22, 2023, and Aug 01, 2023, respectively.
| | Bondada Engineering IPO | Zeal Global Services IPO |
|---|
| Issue Open | Aug 18, 2023 | Jul 28, 2023 |
| Issue Close | Aug 22, 2023 | Aug 01, 2023 |
| Basis Of Allotment (Tentative) | Aug 25, 2023 | Aug 04, 2023 |
| Initiation of Refunds (Tentative) | Aug 28, 2023 | Aug 07, 2023 |
| Credit of Share (Tentative) | Aug 29, 2023 | Aug 08, 2023 |
| Listing date (Tentative) | Aug 30, 2023 | Aug 09, 2023 |
Financials & KPIs
Bondada Engineering IPO P/E ratio is 6.56, as compared to Zeal Global Services IPO P/E ratio of 13.83.
Shares Offered
In the Bondada Engineering IPO Retail Individual Investors (RII) are offered 27,04,000 shares while in Zeal Global Services IPO retail investors are offered 27,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Bondada Engineering IPO and in Zeal Global Services IPO.
| | Bondada Engineering IPO | Zeal Global Services IPO |
|---|
| Market Maker Reservation | 2,88,000 shares | 1,77,600 shares |
| NII | 27,04,000 shares | 16,80,000 shares |
| RII | 27,04,000 shares | 16,82,400 shares |
| Total | 54,08,000 shares | 33,62,400 shares |
Bids Received (Subscription)
Bondada Engineering IPO subscribed 107.76x in total, whereas Zeal Global Services IPO subscribed 4.05x.
