Comparison between ASL Industries IPO and Dev Information Technology IPO.
ASL Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Dev Information Technology IPO is a SME Fixed Price proposed to list at NSE SME.
| ASL Industries IPO | Dev Information Technology IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Oneview Corporate Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Guiness Securities Ltd. | Hem Finlease 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 ASL Industries IPO is up to ₹9.30 Cr whereas the issue size of the Dev Information Technology IPO is up to ₹5.85 Cr. The final issue price of ASL Industries IPO is ₹35.00 per share and of Dev Information Technology IPO is ₹42.00 per share.
| ASL Industries IPO | Dev Information Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹35.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 26,56,000 shares | 13,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.30 Cr | up to ₹5.85 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 | 26,56,000 shares | 13,92,000 shares |
| Issue Size Total (Amount) | up to ₹9.30 Cr | up to ₹5.85 Cr |
ASL Industries IPO opens on Mar 31, 2017, while Dev Information Technology IPO opens on Mar 31, 2017. The closing date of ASL Industries IPO and Dev Information Technology IPO is Apr 07, 2017, and Apr 06, 2017, respectively.
| ASL Industries IPO | Dev Information Technology IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 31, 2017 | Mar 31, 2017 |
| Issue Close | Apr 07, 2017 | Apr 06, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 18, 2017 | Apr 17, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
ASL Industries IPO P/E ratio is , as compared to Dev Information Technology IPO P/E ratio of 10.
| ASL Industries IPO | Dev Information Technology IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | 10 | |||||
| Market Cap | ₹36.46 Cr. | ₹23.19 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the ASL Industries IPO Retail Individual Investors (RII) are offered 13,28,000 shares while in Dev Information Technology IPO retail investors are offered 13,28,000 shares. Qualified Institutional Buyers (QIB) are offered in ASL Industries IPO and in Dev Information Technology IPO.
| ASL Industries IPO | Dev Information Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,44,000 shares | 96,000 shares |
| QIB | ||
| NII | 13,28,000 shares | 6,96,000 shares |
| RII | 13,28,000 shares | 6,96,000 shares |
| Employee | ||
| Others | ||
| Total | 26,56,000 shares | 13,92,000 shares |
ASL Industries IPO subscribed 2.60x in total, whereas Dev Information Technology IPO subscribed 79.22x.
| ASL Industries IPO | Dev Information Technology IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.02x | 69.29x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.18x | 89.14x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.60x | 79.22x |
