Comparison between Archean Chemical Industries IPO and Dharmaj Crop Guard IPO.
Archean Chemical Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Dharmaj Crop Guard IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Archean Chemical Industries IPO is up to ₹1,462.30 Cr whereas the issue size of the Dharmaj Crop Guard IPO is up to ₹251.09 Cr. The final issue price of Archean Chemical Industries IPO is ₹407.00 per share and of Dharmaj Crop Guard IPO is ₹237.00 per share.
| Archean Chemical Industries IPO | Dharmaj Crop Guard IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹386.00 per share | ₹216.00 per share |
| Issue Price (Upper) | ₹407.00 per share | ₹237.00 per share |
| Issue Price (Final) | ₹407.00 per share | ₹237.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 36 shares | 60 shares |
| Fresh Issue Size | 1,97,78,869 shares | 91,13,924 shares |
| Fresh Issue Size (Amount) | up to ₹805.00 Cr | up to ₹215.95 Cr |
| OFS Issue Size | 1,61,50,000 shares | 14,83,000 shares |
| OFS Issue Size (Amount) | up to ₹657.31 Cr | up to ₹35.14 Cr |
| Issue Size Total | 3,59,28,869 shares | 1,05,96,924 shares |
| Issue Size Total (Amount) | up to ₹1,462.30 Cr | up to ₹251.09 Cr |
Archean Chemical Industries IPO opens on Nov 09, 2022, while Dharmaj Crop Guard IPO opens on Nov 28, 2022. The closing date of Archean Chemical Industries IPO and Dharmaj Crop Guard IPO is Nov 11, 2022, and Nov 30, 2022, respectively.
| Archean Chemical Industries IPO | Dharmaj Crop Guard IPO | |
|---|---|---|
| Anchor Bid Date | Nov 07, 2022 | Nov 25, 2022 |
| Issue Open | Nov 09, 2022 | Nov 28, 2022 |
| Issue Close | Nov 11, 2022 | Nov 30, 2022 |
| Basis Of Allotment (Tentative) | Nov 16, 2022 | Dec 05, 2022 |
| Initiation of Refunds (Tentative) | Nov 17, 2022 | Dec 06, 2022 |
| Credit of Share (Tentative) | Nov 18, 2022 | Dec 06, 2022 |
| Listing date (Tentative) | Nov 21, 2022 | Dec 08, 2022 |
| Anchor Lockin End date 1 | Dec 16, 2022 | Jan 04, 2023 |
| Anchor Lockin End date 2 | Feb 14, 2023 | Mar 05, 2023 |
Archean Chemical Industries IPO P/E ratio is 16.78, as compared to Dharmaj Crop Guard IPO P/E ratio of 14.55.
| Archean Chemical Industries IPO | Dharmaj Crop Guard IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 65.58 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.41 | 68.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.78 | 14.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5665.56 Cr. | ₹801.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 113.11 | 34.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.62 | 32.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.53 | 0.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.26 | ₹11.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 72.24 | 34.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Archean Chemical Industries IPO Retail Individual Investors (RII) are offered 35,92,886 shares while in Dharmaj Crop Guard IPO retail investors are offered 35,92,886 shares. Qualified Institutional Buyers (QIB) are offered 1,07,78,662 shares in Archean Chemical Industries IPO and 21,08,421 shares in Dharmaj Crop Guard IPO.
| Archean Chemical Industries IPO | Dharmaj Crop Guard IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,61,67,991 shares | 31,62,540 shares |
| Market Maker Reservation | ||
| QIB | 1,07,78,662 shares | 21,08,421 shares |
| NII | 53,89,330 shares | 15,81,289 shares |
| RII | 35,92,886 shares | 36,89,674 shares |
| Employee | 55,000 shares | |
| Others | ||
| Total | 3,59,28,869 shares | 1,05,96,924 shares |
Archean Chemical Industries IPO subscribed 32.23x in total, whereas Dharmaj Crop Guard IPO subscribed 35.49x.
| Archean Chemical Industries IPO | Dharmaj Crop Guard IPO | |
|---|---|---|
| QIB (times) | 48.91x | 48.21x |
| NII (times) | 14.90x | 52.29x |
| Big NII (times) | 16.90x | 52.97x |
| Small NII (times) | 10.92x | 50.93x |
| RII (times) | 9.96x | 21.53x |
| Employee (times) | 7.48x | |
| Other (times) | ||
| Total (times) | 32.23x | 35.49x |
