Brace Port Logistics IPO vs Ideal Technoplast Industries IPO

Comparision between Brace Port Logistics IPO and Ideal Technoplast Industries IPO.

IPO Details

Brace Port Logistics IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Ideal Technoplast Industries IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Brace Port Logistics IPO	Ideal Technoplast Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Holani Consultants Private Limited	Swastika Investmart Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Holani Consultants Private Limited	Sunflower Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Brace Port Logistics IPO is up to ₹24.41 Cr whereas the issue size of the Ideal Technoplast Industries IPO is up to ₹16.03 Cr. The final issue price of Brace Port Logistics IPO is ₹80.00 per share and of Ideal Technoplast Industries IPO is ₹121.00 per share.

	Brace Port Logistics IPO	Ideal Technoplast Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹76.00 per share
Issue Price (Upper)	₹80.00 per share
Issue Price (Final)	₹80.00 per share	₹121.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	30,51,200 shares	13,25,000 shares
Fresh Issue Size (Amount)	up to ₹24.41 Cr	up to ₹16.03 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	30,51,200 shares	13,25,000 shares
Issue Size Total (Amount)	up to ₹24.41 Cr	up to ₹16.03 Cr

IPO Timetable

Brace Port Logistics IPO opens on Aug 19, 2024, while Ideal Technoplast Industries IPO opens on Aug 21, 2024. The closing date of Brace Port Logistics IPO and Ideal Technoplast Industries IPO is Aug 21, 2024, and Aug 23, 2024, respectively.

	Brace Port Logistics IPO	Ideal Technoplast Industries IPO
Anchor Bid Date	Aug 16, 2024
Issue Open	Aug 19, 2024	Aug 21, 2024
Issue Close	Aug 21, 2024	Aug 23, 2024
Basis Of Allotment (Tentative)	Aug 22, 2024	Aug 26, 2024
Initiation of Refunds (Tentative)	Aug 23, 2024	Aug 27, 2024
Credit of Share (Tentative)	Aug 23, 2024	Aug 27, 2024
Listing date (Tentative)	Aug 26, 2024	Aug 28, 2024
Anchor Lockin End date 1	Sep 21, 2024
Anchor Lockin End date 2	Nov 20, 2024

Financials

Brace Port Logistics IPO P/E ratio is 13.49, as compared to Ideal Technoplast Industries IPO P/E ratio of 12.47.

Brace Port Logistics IPO

Ideal Technoplast Industries IPO

Financial

Brace Port Logistics Limited Financial Information (Restated Standalone)

Brace Port Logistics Limited's revenue decreased by -22% and profit after tax (PAT) dropped by -21% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,783.29	1,310.78	1,179.14	409.61
Revenue	5,524.59	7,093.66	5,419.57	706.25
Profit After Tax	489.13	618.09	322.39	22.57
Net Worth	1,377.18	888.05	419.96	97.57
Reserves and Surplus	552.18	813.05	344.96	22.57
Total Borrowing	48.97	59.1		65.62
Amount in ₹ Lakhs

Ideal Technoplast Industries Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,508.51	978	356.78	300.86
Revenue	2,424.11	1,199.79	568.13	569.47
Profit After Tax	326.61	50.62	10.53	9.82
Net Worth	743.07	188.6	137.98	127.45
Reserves and Surplus	375.57	48.95	-1.67	-12.19
Total Borrowing	456.89	586.04	146.56	118.62
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.04%

100.00%

Promoter Shareholding (Post-Issue)

73.50%

P/E Ratio

13.49

12.47

Market Cap

₹90.41 Cr.

₹60.50 Cr.

ROE

43.19%%

43.95%

ROCE

47.05%%

32.95%

Debt/Equity

0.04

EPS

₹5.93

₹9.70

RoNW

35.52%%

43.95%

Shares Offered

In the Brace Port Logistics IPO retail investors (RII) are offered 12,00,000 shares while in Ideal Technoplast Industries IPO retail investors are offered 12,00,000 shares. Qualified institutional buyers (QIB) are offered 3,58,400 shares in Brace Port Logistics IPO and 0 shares in Ideal Technoplast Industries IPO.

	Brace Port Logistics IPO	Ideal Technoplast Industries IPO
Anchor Investor Reserveration	5,37,600 shares
Market Maker Reserveration	1,55,200 shares	67,000 shares
QIB	3,58,400 shares	0 shares
NII	8,00,000 shares	6,29,000 shares
RII	12,00,000 shares	6,29,000 shares
Employee	0 shares	0 shares
Others
Total	23,58,400 shares	12,58,000 shares

Bids Received (Subscription)

Brace Port Logistics IPO subscribed 657.81x in total, whereas Ideal Technoplast Industries IPO subscribed 116.75x.

	Brace Port Logistics IPO	Ideal Technoplast Industries IPO
QIB (times)	450.04x
NII (times)	854.49x	108.49x
Big NII (times)
Small NII (times)
RII (times)	588.74x	115.57x
Employee (times)
Other (times)
Total (times)	657.81x	116.75x

Compare with others

Brace Port Logistics IPO	Ideal Technoplast Industries IPO
Ideal Technoplast Industries IPO	Paramatrix Technologies IPO
QVC Exports IPO	Jay Bee Laminations IPO
Forcas Studio IPO	Rapid Multimodal Logistics IPO
Solve Plastic Products IPO	Indian Phosphate IPO
Broach Lifecare Hospital IPO	Resourceful Automobile IPO
Sunlite Recycling Industries IPO	QVC Exports IPO
Positron Energy IPO	Forcas Studio IPO
Aesthetik Engineers IPO	Solve Plastic Products IPO
Picture Post Studios IPO	Broach Lifecare Hospital IPO
Afcom Holdings IPO	Brace Port Logistics IPO

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