Comparison between Bondada Engineering IPO and Shelter Pharma IPO.
IPO Details
Bondada Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shelter Pharma IPO is a SME Fixed Price proposed to list at BSE 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 Shelter Pharma IPO is up to ₹15.22 Cr. The final issue price of Bondada Engineering IPO is ₹75.00 per share and of Shelter Pharma IPO is ₹42.00 per share.
IPO Timetable
Bondada Engineering IPO opens on Aug 18, 2023, while Shelter Pharma IPO opens on Aug 10, 2023. The closing date of Bondada Engineering IPO and Shelter Pharma IPO is Aug 22, 2023, and Aug 14, 2023, respectively.
| | Bondada Engineering IPO | Shelter Pharma IPO |
|---|
| Issue Open | Aug 18, 2023 | Aug 10, 2023 |
| Issue Close | Aug 22, 2023 | Aug 14, 2023 |
| Basis Of Allotment (Tentative) | Aug 25, 2023 | Aug 18, 2023 |
| Initiation of Refunds (Tentative) | Aug 28, 2023 | Aug 21, 2023 |
| Credit of Share (Tentative) | Aug 29, 2023 | Aug 22, 2023 |
| Listing date (Tentative) | Aug 30, 2023 | Aug 23, 2023 |
Financials & KPIs
Bondada Engineering IPO P/E ratio is 6.56, as compared to Shelter Pharma IPO P/E ratio of 5.62.
Shares Offered
In the Bondada Engineering IPO Retail Individual Investors (RII) are offered 27,04,000 shares while in Shelter Pharma IPO retail investors are offered 27,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Bondada Engineering IPO and in Shelter Pharma IPO.
| | Bondada Engineering IPO | Shelter Pharma IPO |
|---|
| Market Maker Reservation | 2,88,000 shares | 1,92,000 shares |
| NII | 27,04,000 shares | 18,12,000 shares |
| RII | 27,04,000 shares | 18,12,000 shares |
| Total | 54,08,000 shares | 36,24,000 shares |
Bids Received (Subscription)
Bondada Engineering IPO subscribed 107.76x in total, whereas Shelter Pharma IPO subscribed 14.43x.