Comparison between DRS Dilip Roadlines IPO and IRIS Clothings IPO.
IPO Details
DRS Dilip Roadlines IPO is a SME Fixed Price IPO proposed to list at NSE SME while IRIS Clothings IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of DRS Dilip Roadlines IPO is up to ₹29.81 Cr whereas the issue size of the IRIS Clothings IPO is up to ₹10.51 Cr. The final issue price of DRS Dilip Roadlines IPO is ₹75.00 per share and of IRIS Clothings IPO is ₹90.00 per share.
IPO Timetable
DRS Dilip Roadlines IPO opens on Nov 27, 2018, while IRIS Clothings IPO opens on Oct 10, 2018. The closing date of DRS Dilip Roadlines IPO and IRIS Clothings IPO is Nov 30, 2018, and Oct 12, 2018, respectively.
| | DRS Dilip Roadlines IPO | IRIS Clothings IPO |
|---|
| Issue Open | Nov 27, 2018 | Oct 10, 2018 |
| Issue Close | Nov 30, 2018 | Oct 12, 2018 |
| Basis Of Allotment (Tentative) | Dec 05, 2018 | Oct 17, 2018 |
| Initiation of Refunds (Tentative) | | Oct 17, 2018 |
| Credit of Share (Tentative) | | Oct 19, 2018 |
| Listing date (Tentative) | Dec 10, 2018 | Oct 23, 2018 |
Financials & KPIs
DRS Dilip Roadlines IPO P/E ratio is , as compared to IRIS Clothings IPO P/E ratio of .
Shares Offered
In the DRS Dilip Roadlines IPO Retail Individual Investors (RII) are offered 19,87,200 shares while in IRIS Clothings IPO retail investors are offered 19,87,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in DRS Dilip Roadlines IPO and in IRIS Clothings IPO.
| | DRS Dilip Roadlines IPO | IRIS Clothings IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 2,25,600 shares | 62,400 shares |
| QIB | 0 shares | |
| NII | 19,87,200 shares | 5,84,000 shares |
| RII | 19,87,200 shares | 5,84,000 shares |
| Employee | 0 shares | |
| Total | 39,74,400 shares | 11,68,000 shares |
Bids Received (Subscription)
DRS Dilip Roadlines IPO subscribed 1.14x in total, whereas IRIS Clothings IPO subscribed 1.14x.
