Comparison between DRS Dilip Roadlines IPO and Surani Steel Tubes IPO.
DRS Dilip Roadlines IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Surani Steel Tubes IPO is a SME Bookbuilding proposed to list at NSE SME.
| DRS Dilip Roadlines IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of DRS Dilip Roadlines IPO is up to ₹29.81 Cr whereas the issue size of the Surani Steel Tubes IPO is up to ₹12.26 Cr. The final issue price of DRS Dilip Roadlines IPO is ₹75.00 per share and of Surani Steel Tubes IPO is ₹52.00 per share.
| DRS Dilip Roadlines IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | |
| Issue Price (Upper) | ₹52.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹52.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 39,74,400 shares | 23,58,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.81 Cr | up to ₹12.26 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 39,74,400 shares | 23,58,000 shares |
| Issue Size Total (Amount) | up to ₹29.81 Cr | up to ₹12.26 Cr |
DRS Dilip Roadlines IPO opens on Nov 27, 2018, while Surani Steel Tubes IPO opens on Jan 25, 2019. The closing date of DRS Dilip Roadlines IPO and Surani Steel Tubes IPO is Nov 30, 2018, and Jan 29, 2019, respectively.
| DRS Dilip Roadlines IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 27, 2018 | Jan 25, 2019 |
| Issue Close | Nov 30, 2018 | Jan 29, 2019 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 10, 2018 | Feb 06, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
DRS Dilip Roadlines IPO P/E ratio is , as compared to Surani Steel Tubes IPO P/E ratio of .
| DRS Dilip Roadlines IPO | Surani Steel Tubes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 20,95,000 Shares (36.12) | |||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹112.97 Cr. | ₹43.08 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the DRS Dilip Roadlines IPO Retail Individual Investors (RII) are offered 19,87,200 shares while in Surani Steel Tubes IPO retail investors are offered 19,87,200 shares. Qualified Institutional Buyers (QIB) are offered in DRS Dilip Roadlines IPO and in Surani Steel Tubes IPO.
| DRS Dilip Roadlines IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,25,600 shares | 1,26,000 shares |
| QIB | ||
| NII | 19,87,200 shares | 11,78,000 shares |
| RII | 19,87,200 shares | 11,80,000 shares |
| Employee | ||
| Others | ||
| Total | 39,74,400 shares | 23,58,000 shares |
DRS Dilip Roadlines IPO subscribed 1.14x in total, whereas Surani Steel Tubes IPO subscribed 1.55x.
| DRS Dilip Roadlines IPO | Surani Steel Tubes IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.03x | 1.80x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.26x | 1.29x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.14x | 1.55x |
