Brisk Technovision IPO vs Shree Marutinandan Tubes IPO

Comparision between Brisk Technovision IPO and Shree Marutinandan Tubes IPO.

IPO Details

Brisk Technovision IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Shree Marutinandan Tubes IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Brisk Technovision IPO	Shree Marutinandan Tubes IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Sun Capital Advisory Services (P) Ltd	Swastika Investmart Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Nnm Securities Private Limited	Swastika Investmart Limited
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 Brisk Technovision IPO is up to ₹12.48 Cr whereas the issue size of the Shree Marutinandan Tubes IPO is up to ₹14.30 Cr. The final issue price of Brisk Technovision IPO is ₹156.00 per share and of Shree Marutinandan Tubes IPO is ₹143.00 per share.

	Brisk Technovision IPO	Shree Marutinandan Tubes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹156.00 per share	₹143.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1000 shares
Fresh Issue Size		10,00,000 shares
Fresh Issue Size (Amount)	up to ₹0.00 Cr	up to ₹14.30 Cr
OFS Issue Size	8,00,000 shares
OFS Issue Size (Amount)	up to ₹12.48 Cr
Issue Size Total	8,00,000 shares	10,00,000 shares
Issue Size Total (Amount)	up to ₹12.48 Cr	up to ₹14.30 Cr

IPO Timetable

Brisk Technovision IPO opens on Jan 23, 2024, while Shree Marutinandan Tubes IPO opens on Jan 12, 2024. The closing date of Brisk Technovision IPO and Shree Marutinandan Tubes IPO is Jan 25, 2024, and Jan 16, 2024, respectively.

	Brisk Technovision IPO	Shree Marutinandan Tubes IPO
Anchor Bid Date
Issue Open	Jan 23, 2024	Jan 12, 2024
Issue Close	Jan 25, 2024	Jan 16, 2024
Basis Of Allotment (Tentative)	Jan 29, 2024	Jan 17, 2024
Initiation of Refunds (Tentative)	Jan 30, 2024	Jan 18, 2024
Credit of Share (Tentative)	Jan 30, 2024	Jan 18, 2024
Listing date (Tentative)	Jan 31, 2024	Jan 19, 2024
Anchor Lockin End date 1	Feb 28, 2024	Feb 16, 2024
Anchor Lockin End date 2	Apr 28, 2024	Apr 16, 2024

Financials

Brisk Technovision IPO P/E ratio is 15.69, as compared to Shree Marutinandan Tubes IPO P/E ratio of 17.44.

Brisk Technovision IPO

Shree Marutinandan Tubes 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

Shree Marutinandan Tubes Limited Financial Information (Restated)

Shree Marutinandan Tubes Limited's revenue increased by 0.09% and profit after tax (PAT) rose by 3257.07% 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	2,234.29	1,617.60	1,284.83	1,301.03
Revenue	4,284.64	4,722.58	4,718.49	3,597.28
Profit After Tax	141.99	201.76	6.01	13.30
Net Worth	409.70	267.74	65.98	59.98
Reserves and Surplus	163.73	247.24	45.48	39.48
Total Borrowing	607.28	716.90	688.89	795.31
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

82.00%

Promoter Shareholding (Post-Issue)

59.99%

58.30%

P/E Ratio

15.69

17.44

Market Cap

₹31.20 Cr.

₹49.48 Cr.

ROE

41.56%%

120.91%%

ROCE

54.71%%

78.52%%

Debt/Equity

0.03

2.68

EPS

₹9.95

₹8.20

RoNW

41.56%%

75.36%%

Shares Offered

In the Brisk Technovision IPO retail investors (RII) are offered 3,80,000 shares while in Shree Marutinandan Tubes IPO retail investors are offered 3,80,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Brisk Technovision IPO and 0 shares in Shree Marutinandan Tubes IPO.

	Brisk Technovision IPO	Shree Marutinandan Tubes IPO
Anchor Investor Reserveration
Market Maker Reserveration	40,000 shares	50,000 shares
QIB	0 shares	0 shares
NII	3,80,000 shares	4,75,000 shares
RII	3,80,000 shares	4,75,000 shares
Employee	0 shares	0 shares
Others
Total	7,60,000 shares	9,50,000 shares

Bids Received (Subscription)

Brisk Technovision IPO subscribed 47.10x in total, whereas Shree Marutinandan Tubes IPO subscribed 47.16x.

	Brisk Technovision IPO	Shree Marutinandan Tubes IPO
QIB (times)
NII (times)	58.14x	32.67x
Big NII (times)
Small NII (times)
RII (times)	35.87x	59.71x
Employee (times)
Other (times)
Total (times)	47.10x	47.16x

Compare with others

Brisk Technovision IPO	Shree Marutinandan Tubes IPO
Harshdeep Hortico IPO	Brisk Technovision IPO
Megatherm Induction IPO	Qualitek Labs IPO
DelaPlex IPO	Euphoria Infotech India IPO
Baweja Studios IPO	Konstelec Engineers IPO
Fonebook IPO	Maxposure IPO
Qualitek Labs IPO	Australian Premium Solar (India) IPO
Euphoria Infotech India IPO	Lawsikho IPO
Konstelec Engineers IPO	IBL Finance IPO
Maxposure IPO	New Swan Multitech IPO
Shree Marutinandan Tubes IPO	Kaushalya Logistics IPO

Comments

Add a public comment...