Brisk Technovision IPO vs Megatherm Induction IPO

Comparision between Brisk Technovision IPO and Megatherm Induction IPO.

IPO Details

Brisk Technovision IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Megatherm Induction IPO is a SME Book Built Issue proposed to list at NSE SME.

	Brisk Technovision IPO	Megatherm Induction IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Sun Capital Advisory Services (P) Ltd	Hem Securities Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Nnm Securities Private Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		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 Megatherm Induction IPO is up to ₹53.91 Cr. The final issue price of Brisk Technovision IPO is ₹156.00 per share and of Megatherm Induction IPO is ₹108.00 per share.

	Brisk Technovision IPO	Megatherm Induction IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹100.00 per share
Issue Price (Upper)		₹108.00 per share
Issue Price (Final)	₹156.00 per share	₹108.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1200 shares
Fresh Issue Size		49,92,000 shares
Fresh Issue Size (Amount)	up to ₹0.00 Cr	up to ₹53.91 Cr
OFS Issue Size	8,00,000 shares
OFS Issue Size (Amount)	up to ₹12.48 Cr
Issue Size Total	8,00,000 shares	49,92,000 shares
Issue Size Total (Amount)	up to ₹12.48 Cr	up to ₹53.91 Cr

IPO Timetable

Brisk Technovision IPO opens on Jan 23, 2024, while Megatherm Induction IPO opens on Jan 29, 2024. The closing date of Brisk Technovision IPO and Megatherm Induction IPO is Jan 25, 2024, and Jan 31, 2024, respectively.

	Brisk Technovision IPO	Megatherm Induction IPO
Anchor Bid Date		Jan 25, 2024
Issue Open	Jan 23, 2024	Jan 29, 2024
Issue Close	Jan 25, 2024	Jan 31, 2024
Basis Of Allotment (Tentative)	Jan 29, 2024	Feb 01, 2024
Initiation of Refunds (Tentative)	Jan 30, 2024	Feb 02, 2024
Credit of Share (Tentative)	Jan 30, 2024	Feb 02, 2024
Listing date (Tentative)	Jan 31, 2024	Feb 05, 2024
Anchor Lockin End date 1	Feb 28, 2024	Mar 02, 2024
Anchor Lockin End date 2	Apr 28, 2024	May 01, 2024

Financials

Brisk Technovision IPO P/E ratio is 15.69, as compared to Megatherm Induction IPO P/E ratio of 10.68.

Brisk Technovision IPO

Megatherm Induction 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

Megatherm Induction Limited Financial Information (Restated)

Megatherm Induction Limited's revenue increased by 41.37% and profit after tax (PAT) rose by 1171.94% 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	21,040.28	19,197.87	17,262.76	14,645.06
Revenue	14,732.31	26,643.84	18,846.92	10,927.03
Profit After Tax	759.34	1,400.41	110.10	309.12
Net Worth	5,821.98	5,062.64	3,662.23	3,512.13
Reserves and Surplus	4,437.11	4,139.39	2,738.98	2,598.88
Total Borrowing	4,480.46	4,282.04	4,038.80	4,327.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

98.92%

Promoter Shareholding (Post-Issue)

59.99%

72.71%

P/E Ratio

15.69

10.68

Market Cap

₹31.20 Cr.

₹203.48 Cr.

ROE

41.56%%

27.66%%

ROCE

54.71%%

27.47%%

Debt/Equity

0.03

1.67

EPS

₹9.95

₹10.11

RoNW

41.56%%

27.66%%

Shares Offered

In the Brisk Technovision IPO retail investors (RII) are offered 3,80,000 shares while in Megatherm Induction IPO retail investors are offered 3,80,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Brisk Technovision IPO and 9,48,000 shares in Megatherm Induction IPO.

	Brisk Technovision IPO	Megatherm Induction IPO
Anchor Investor Reserveration		14,22,000 shares
Market Maker Reserveration	40,000 shares	2,50,800 shares
QIB	0 shares	9,48,000 shares
NII	3,80,000 shares	7,11,600 shares
RII	3,80,000 shares	16,59,600 shares
Employee	0 shares	0 shares
Others
Total	7,60,000 shares	33,19,200 shares

Bids Received (Subscription)

Brisk Technovision IPO subscribed 47.10x in total, whereas Megatherm Induction IPO subscribed 196.11x.

	Brisk Technovision IPO	Megatherm Induction IPO
QIB (times)		105.14x
NII (times)	58.14x	307.04x
Big NII (times)
Small NII (times)
RII (times)	35.87x	200.51x
Employee (times)
Other (times)
Total (times)	47.10x	196.11x

Compare with others

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