Brisk Technovision IPO vs Qualitek Labs IPO

Comparision between Brisk Technovision IPO and Qualitek Labs IPO.

IPO Details

Brisk Technovision IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Qualitek Labs IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Brisk Technovision IPO	Qualitek Labs IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Sun Capital Advisory Services (P) Ltd	Oneview Corporate Advisors Private Limited
Registrar	Kfin Technologies Limited	Skyline Financial Services Private Ltd
Market Maker	Nnm Securities Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Brisk Technovision IPO is up to ₹12.48 Cr whereas the issue size of the Qualitek Labs IPO is up to ₹19.64 Cr. The final issue price of Brisk Technovision IPO is ₹156.00 per share and of Qualitek Labs IPO is ₹100.00 per share.

	Brisk Technovision IPO	Qualitek Labs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹156.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1200 shares
Fresh Issue Size		19,64,400 shares
Fresh Issue Size (Amount)	up to ₹0.00 Cr	up to ₹19.64 Cr
OFS Issue Size	8,00,000 shares
OFS Issue Size (Amount)	up to ₹12.48 Cr
Issue Size Total	8,00,000 shares	19,64,400 shares
Issue Size Total (Amount)	up to ₹12.48 Cr	up to ₹19.64 Cr

IPO Timetable

Brisk Technovision IPO opens on Jan 23, 2024, while Qualitek Labs IPO opens on Jan 18, 2024. The closing date of Brisk Technovision IPO and Qualitek Labs IPO is Jan 25, 2024, and Jan 23, 2024, respectively.

	Brisk Technovision IPO	Qualitek Labs IPO
Anchor Bid Date
Issue Open	Jan 23, 2024	Jan 18, 2024
Issue Close	Jan 25, 2024	Jan 23, 2024
Basis Of Allotment (Tentative)	Jan 29, 2024	Jan 24, 2024
Initiation of Refunds (Tentative)	Jan 30, 2024	Jan 25, 2024
Credit of Share (Tentative)	Jan 30, 2024	Jan 25, 2024
Listing date (Tentative)	Jan 31, 2024	Jan 29, 2024
Anchor Lockin End date 1	Feb 28, 2024	Feb 23, 2024
Anchor Lockin End date 2	Apr 28, 2024	Apr 23, 2024

Financials

Brisk Technovision IPO P/E ratio is 15.69, as compared to Qualitek Labs IPO P/E ratio of 18.21.

Brisk Technovision IPO

Qualitek Labs IPO

Financial

Brisk Technovision Limited Financial Information (Restated)

Brisk Technovision Limited's revenue decreased by -16.64% and profit after tax (PAT) rose by 81.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,423.40	679.73	661.82	562.52
Revenue	1,577.27	1,840.30	2,207.63	1,691.02
Profit After Tax	152.48	198.90	109.54	14.51
Net Worth	631.02	478.54	307.64	198.07
Reserves and Surplus	431.02	278.54	107.64	197.07
Amount in ₹ Lakhs

Qualitek Labs Limited Financial Information (Restated Standalone)

Qualitek Labs Limited's revenue increased by 61.03% and profit after tax (PAT) rose by 161.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,409.68	3,955.61	2,219.86	1,459.88
Revenue	1,250.74	1,935.13	1,201.73	637.44
Profit After Tax	200.93	296.91	113.57	46.11
Net Worth	1,187.46	986.52	189.61	-22.96
Reserves and Surplus	646.71	445.77	143.61	-23.96
Total Borrowing	2,499.59	2,344.67	1,728.68	1,121.82
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

Promoter Shareholding (Post-Issue)

59.99%

73.35%

P/E Ratio

15.69

18.21

Market Cap

₹31.20 Cr.

₹73.72 Cr.

ROE

41.56%%

50.49%%

ROCE

54.71%%

13.76%%

Debt/Equity

0.03

EPS

₹9.95

₹5.49

RoNW

41.56%%

30.10%%

Shares Offered

In the Brisk Technovision IPO retail investors (RII) are offered 3,80,000 shares while in Qualitek Labs IPO retail investors are offered 3,80,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Brisk Technovision IPO and 0 shares in Qualitek Labs IPO.

	Brisk Technovision IPO	Qualitek Labs IPO
Anchor Investor Reserveration
Market Maker Reserveration	40,000 shares	99,600 shares
QIB	0 shares	0 shares
NII	3,80,000 shares	9,32,400 shares
RII	3,80,000 shares	9,32,400 shares
Employee	0 shares	0 shares
Others
Total	7,60,000 shares	18,64,800 shares

Bids Received (Subscription)

Brisk Technovision IPO subscribed 47.10x in total, whereas Qualitek Labs IPO subscribed 58.95x.

	Brisk Technovision IPO	Qualitek Labs IPO
QIB (times)
NII (times)	58.14x	69.37x
Big NII (times)
Small NII (times)
RII (times)	35.87x	39.23x
Employee (times)
Other (times)
Total (times)	47.10x	58.95x

Compare with others

Brisk Technovision IPO	Qualitek Labs IPO
Harshdeep Hortico IPO	Megatherm Induction IPO
Megatherm Induction IPO	DelaPlex IPO
DelaPlex IPO	Baweja Studios IPO
Baweja Studios IPO	Fonebook IPO
Fonebook IPO	Brisk Technovision IPO
Qualitek Labs IPO	Euphoria Infotech India IPO
Euphoria Infotech India IPO	Konstelec Engineers IPO
Konstelec Engineers IPO	Maxposure IPO
Maxposure IPO	Shree Marutinandan Tubes IPO
Shree Marutinandan Tubes IPO	Australian Premium Solar (India) IPO

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