Brace Port Logistics IPO vs QVC Exports IPO

Comparision between Brace Port Logistics IPO and QVC Exports IPO.

IPO Details

Brace Port Logistics IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while QVC Exports IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Brace Port Logistics IPO	QVC Exports 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	Khandwala Securities Limited
Registrar	Link Intime India Private Ltd	Cameo Corporate Services Limited
Market Maker	Holani Consultants Private Limited	Aftertrade Broking Pvt Ltd
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 QVC Exports IPO is up to ₹24.07 Cr. The final issue price of Brace Port Logistics IPO is ₹80.00 per share and of QVC Exports IPO is ₹86.00 per share.

	Brace Port Logistics IPO	QVC Exports 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	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	30,51,200 shares	20,49,600 shares
Fresh Issue Size (Amount)	up to ₹24.41 Cr	up to ₹17.63 Cr
OFS Issue Size		7,48,800 shares
OFS Issue Size (Amount)		up to ₹6.44 Cr
Issue Size Total	30,51,200 shares	27,98,400 shares
Issue Size Total (Amount)	up to ₹24.41 Cr	up to ₹24.07 Cr

IPO Timetable

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

	Brace Port Logistics IPO	QVC Exports 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 QVC Exports IPO P/E ratio of 18.4.

Brace Port Logistics IPO

QVC Exports 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

QVC Exports Limited Financial Information (Restated Consolidated)

QVC Exports Limited's revenue increased by 112% and profit after tax (PAT) rose by 129% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	9,386.23	6,489.81	5,461.44
Revenue	45,462.68	21,471.14	12,782.5
Profit After Tax	392.76	171.48	90.54
Net Worth	3,407.9	2,802.99	2,668.09
Reserves and Surplus	2,567.73	2,382.91	2,208.79
Total Borrowing	4,981.73	3,227.57	2,159.43
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.04%

99.98%

Promoter Shareholding (Post-Issue)

73.22%

P/E Ratio

13.49

18.4

Market Cap

₹90.41 Cr.

₹89.88 Cr.

ROE

43.19%%

7.20%%

ROCE

47.05%%

34.22%%

Debt/Equity

0.04

1.46

EPS

₹5.93

₹4.67

RoNW

35.52%%

17.75%%

Shares Offered

In the Brace Port Logistics IPO retail investors (RII) are offered 12,00,000 shares while in QVC Exports 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 QVC Exports IPO.

	Brace Port Logistics IPO	QVC Exports IPO
Anchor Investor Reserveration	5,37,600 shares
Market Maker Reserveration	1,55,200 shares	1,40,800 shares
QIB	3,58,400 shares	0 shares
NII	8,00,000 shares	13,28,000 shares
RII	12,00,000 shares	13,29,600 shares
Employee	0 shares	0 shares
Others
Total	23,58,400 shares	26,57,600 shares

Bids Received (Subscription)

Brace Port Logistics IPO subscribed 657.81x in total, whereas QVC Exports IPO subscribed 535.00x.

	Brace Port Logistics IPO	QVC Exports IPO
QIB (times)	450.04x
NII (times)	854.49x	596.57x
Big NII (times)
Small NII (times)
RII (times)	588.74x	418.64x
Employee (times)
Other (times)
Total (times)	657.81x	535.00x

Compare with others

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

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