B Right Realestate IPO vs Upsurge Seeds of Agriculture IPO

Comparision between B Right Realestate IPO and Upsurge Seeds of Agriculture IPO.

IPO Details

B Right Realestate IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Upsurge Seeds of Agriculture IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	B Right Realestate IPO	Upsurge Seeds of Agriculture IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Finshore Management Services Limited
Registrar	Purva Sharegistry India Pvt Ltd	Link Intime India Private Ltd
Market Maker
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 B Right Realestate IPO is up to ₹44.36 Cr whereas the issue size of the Upsurge Seeds of Agriculture IPO is up to ₹22.81 Cr. The final issue price of B Right Realestate IPO is ₹153.00 per share and of Upsurge Seeds of Agriculture IPO is ₹120.00 per share.

	B Right Realestate IPO	Upsurge Seeds of Agriculture IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹153.00 per share	₹120.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1200 shares
Fresh Issue Size	28,99,200 shares	19,00,800 shares
Fresh Issue Size (Amount)	up to ₹44.36 Cr	up to ₹22.81 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,99,200 shares	19,00,800 shares
Issue Size Total (Amount)	up to ₹44.36 Cr	up to ₹22.81 Cr

IPO Timetable

B Right Realestate IPO opens on Jun 30, 2022, while Upsurge Seeds of Agriculture IPO opens on Jul 29, 2022. The closing date of B Right Realestate IPO and Upsurge Seeds of Agriculture IPO is Jul 05, 2022, and Aug 02, 2022, respectively.

	B Right Realestate IPO	Upsurge Seeds of Agriculture IPO
Anchor Bid Date
Issue Open	Jun 30, 2022	Jul 29, 2022
Issue Close	Jul 05, 2022	Aug 02, 2022
Basis Of Allotment (Tentative)	Jul 08, 2022	Aug 05, 2022
Initiation of Refunds (Tentative)	Jul 11, 2022	Aug 08, 2022
Credit of Share (Tentative)	Jul 12, 2022	Aug 10, 2022
Listing date (Tentative)	Jul 13, 2022	Aug 11, 2022
Anchor Lockin End date 1	Aug 07, 2022	Sep 04, 2022
Anchor Lockin End date 2	Oct 06, 2022	Nov 03, 2022

Financials

B Right Realestate IPO P/E ratio is 164.52, as compared to Upsurge Seeds of Agriculture IPO P/E ratio of 21.35.

B Right Realestate IPO

Upsurge Seeds of Agriculture IPO

Financial

B Right Realestate Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	11759.76	147.04	86.57	3522.69	3459.79
31-Mar-21	13441.76	118.77	58.44	8981.07	8888.17
31-Dec-21	15518.34	115.95	72.3	9053.34	8960.44
Amount in ₹ Lakhs

Upsurge Seeds of Agriculture Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	835.39	1763.73	21.92	92.14	42.14
31-Mar-21	1811.8	6290.31	85.31	324.45	127.45
31-Mar-22	4087.49	7577.15	396.44	1119.3	603.4
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.98%

96.92%

Promoter Shareholding (Post-Issue)

71.92%

70.82%

P/E Ratio

164.52

21.35

Market Cap

₹158.07 Cr.

₹84.72 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the B Right Realestate IPO retail investors (RII) are offered 13,76,800 shares while in Upsurge Seeds of Agriculture IPO retail investors are offered 13,76,800 shares. Qualified institutional buyers (QIB) are offered in B Right Realestate IPO and in Upsurge Seeds of Agriculture IPO.

	B Right Realestate IPO	Upsurge Seeds of Agriculture IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,45,600 shares	96,000 shares
QIB
NII	13,76,800 shares	9,02,400 shares
RII	13,76,800 shares	9,02,400 shares
Employee
Others
Total	27,53,600 shares	18,04,800 shares

Bids Received (Subscription)

B Right Realestate IPO subscribed 1.21x in total, whereas Upsurge Seeds of Agriculture IPO subscribed 80.50x.

	B Right Realestate IPO	Upsurge Seeds of Agriculture IPO
QIB (times)
NII (times)	1.82x	101.70x
Big NII (times)
Small NII (times)
RII (times)	0.60x	59.29x
Employee (times)
Other (times)
Total (times)	1.21x	80.50x

Compare with others

B Right Realestate IPO	Upsurge Seeds of Agriculture IPO
Veekayem Fashion and Apparels IPO	Naturo Indiabull IPO
Upsurge Seeds of Agriculture IPO	Rhetan TMT IPO
Agni Green Power IPO	JFL Life Sciences IPO
Healthy Life Agritec IPO	Olatech Solutions IPO
Kesar India IPO	Veekayem Fashion and Apparels IPO
Jayant Infratech IPO	Agni Green Power IPO
SKP Bearing Industries IPO	Healthy Life Agritec IPO
Veerkrupa Jewellers IPO	Kesar India IPO
Sailani Tours N Travels IPO	B Right Realestate IPO
Mangalam Worldwide IPO	Jayant Infratech IPO

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