Brace Port Logistics IPO vs Positron Energy IPO

Comparision between Brace Port Logistics IPO and Positron Energy IPO.

IPO Details

Brace Port Logistics IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Positron Energy IPO is a SME Book Built Issue proposed to list at NSE SME.

	Brace Port Logistics IPO	Positron Energy IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Holani Consultants Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker	Holani Consultants Private Limited	Spread X Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	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 Positron Energy IPO is up to ₹51.21 Cr. The final issue price of Brace Port Logistics IPO is ₹80.00 per share and of Positron Energy IPO is ₹250.00 per share.

	Brace Port Logistics IPO	Positron Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹76.00 per share	₹238.00 per share
Issue Price (Upper)	₹80.00 per share	₹250.00 per share
Issue Price (Final)	₹80.00 per share	₹250.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	600 shares
Fresh Issue Size	30,51,200 shares	20,48,400 shares
Fresh Issue Size (Amount)	up to ₹24.41 Cr	up to ₹51.21 Cr
OFS Issue Size
OFS Issue Size (Amount)		up to ₹0.00 Cr
Issue Size Total	30,51,200 shares	20,48,400 shares
Issue Size Total (Amount)	up to ₹24.41 Cr	up to ₹51.21 Cr

IPO Timetable

Brace Port Logistics IPO opens on Aug 19, 2024, while Positron Energy IPO opens on Aug 12, 2024. The closing date of Brace Port Logistics IPO and Positron Energy IPO is Aug 21, 2024, and Aug 14, 2024, respectively.

	Brace Port Logistics IPO	Positron Energy IPO
Anchor Bid Date	Aug 16, 2024	Aug 09, 2024
Issue Open	Aug 19, 2024	Aug 12, 2024
Issue Close	Aug 21, 2024	Aug 14, 2024
Basis Of Allotment (Tentative)	Aug 22, 2024	Aug 16, 2024
Initiation of Refunds (Tentative)	Aug 23, 2024	Aug 19, 2024
Credit of Share (Tentative)	Aug 23, 2024	Aug 19, 2024
Listing date (Tentative)	Aug 26, 2024	Aug 20, 2024
Anchor Lockin End date 1	Sep 21, 2024	Sep 15, 2024
Anchor Lockin End date 2	Nov 20, 2024	Nov 14, 2024

Financials

Brace Port Logistics IPO P/E ratio is 13.49, as compared to Positron Energy IPO P/E ratio of 15.79.

Brace Port Logistics IPO

Positron Energy 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

Positron Energy Limited Financial Information (Restated Consolidated)

Positron Energy Limited's revenue increased by 160.29% and profit after tax (PAT) rose by 312.96% 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	3,789.02	2,476.25	938.90
Revenue	13,541.76	5,202.61	896.85
Profit After Tax	878.78	212.80	57.98
Net Worth	1,489.26	566.87	354.45
Reserves and Surplus	934.06	532.17	319.75
Total Borrowing	1,027.90	741.81	368.33
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.04%

98.56%

Promoter Shareholding (Post-Issue)

72.00%

P/E Ratio

13.49

15.79

Market Cap

₹90.41 Cr.

₹190.01 Cr.

ROE

43.19%%

0.85%%

ROCE

47.05%%

0.62%%

Debt/Equity

0.04

0.69

EPS

₹5.93

₹15.83

RoNW

35.52%%

59.01%%

Shares Offered

In the Brace Port Logistics IPO retail investors (RII) are offered 12,00,000 shares while in Positron Energy 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 3,88,800 shares in Positron Energy IPO.

	Brace Port Logistics IPO	Positron Energy IPO
Anchor Investor Reserveration	5,37,600 shares	5,83,200 shares
Market Maker Reserveration	1,55,200 shares	1,02,600 shares
QIB	3,58,400 shares	3,88,800 shares
NII	8,00,000 shares	2,92,200 shares
RII	12,00,000 shares	6,81,600 shares
Employee	0 shares	0 shares
Others
Total	23,58,400 shares	13,62,600 shares

Bids Received (Subscription)

Brace Port Logistics IPO subscribed 657.81x in total, whereas Positron Energy IPO subscribed 414.86x.

	Brace Port Logistics IPO	Positron Energy IPO
QIB (times)	450.04x	231.41x
NII (times)	854.49x	805.84x
Big NII (times)
Small NII (times)
RII (times)	588.74x	351.90x
Employee (times)
Other (times)
Total (times)	657.81x	414.86x

Compare with others

Brace Port Logistics IPO	Positron Energy IPO
Ideal Technoplast Industries IPO	Forcas Studio IPO
QVC Exports IPO	Solve Plastic Products IPO
Forcas Studio IPO	Broach Lifecare Hospital IPO
Solve Plastic Products IPO	Brace Port Logistics IPO
Broach Lifecare Hospital IPO	Sunlite Recycling Industries IPO
Sunlite Recycling Industries IPO	Aesthetik Engineers IPO
Positron Energy IPO	Picture Post Studios IPO
Aesthetik Engineers IPO	Afcom Holdings IPO
Picture Post Studios IPO	Dhariwalcorp IPO
Afcom Holdings IPO	Utssav Cz Gold Jewels IPO

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