DRS Dilip Roadlines IPO vs Axita Cotton IPO

Comparison between DRS Dilip Roadlines IPO and Axita Cotton IPO.

IPO Details

DRS Dilip Roadlines IPO is a SME Fixed Price IPO proposed to list at NSE SME while Axita Cotton IPO is a SME Fixed Price proposed to list at BSE 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 Axita Cotton IPO is up to ₹9.96 Cr. The final issue price of DRS Dilip Roadlines IPO is ₹75.00 per share and of Axita Cotton IPO is ₹60.00 per share.

 DRS Dilip Roadlines IPOAxita Cotton IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹75.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares2000 shares
Fresh Issue Size39,74,400 shares16,60,000 shares
Fresh Issue Size (Amount)up to ₹29.81 Crup to ₹9.96 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,74,400 shares16,60,000 shares
Issue Size Total (Amount)up to ₹29.81 Crup to ₹9.96 Cr

IPO Timetable

DRS Dilip Roadlines IPO opens on Nov 27, 2018, while Axita Cotton IPO opens on Dec 27, 2018. The closing date of DRS Dilip Roadlines IPO and Axita Cotton IPO is Nov 30, 2018, and Jan 02, 2019, respectively.

 DRS Dilip Roadlines IPOAxita Cotton IPO
Issue OpenNov 27, 2018Dec 27, 2018
Issue CloseNov 30, 2018Jan 02, 2019
Basis Of Allotment (Tentative)Dec 05, 2018Jan 07, 2019
Initiation of Refunds (Tentative)Jan 08, 2019
Credit of Share (Tentative)Jan 09, 2019
Listing date (Tentative)Dec 10, 2018Jan 10, 2019

Financials & KPIs

DRS Dilip Roadlines IPO P/E ratio is , as compared to Axita Cotton IPO P/E ratio of .

 DRS Dilip Roadlines IPOAxita Cotton IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets83.6482.9978.1552.99
Total Income42.14142.62141.91153.08
Profit After Tax1.393.451.080.50
NET Worth10.188.8014.064.96
Reserves and Surplus3.181.797.051.96
Total Borrowing40.2841.6929.9223.17
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets25.5622.2917.5113.87
Total Income21.22123.9291.5268.76
Profit After Tax0.330.820.030.12
EBITDA1.093.441.751.98
NET Worth3.503.162.352.30
Reserves and Surplus1.060.73-0.07-0.10
Total Borrowing16.6216.9614.9111.20
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.11%73.26%
Market Cap₹112.97 Cr.₹39.31 Cr.

Shares Offered

In the DRS Dilip Roadlines IPO Retail Individual Investors (RII) are offered 19,87,200 shares while in Axita Cotton IPO retail investors are offered 19,87,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in DRS Dilip Roadlines IPO and 0 shares in Axita Cotton IPO.

 DRS Dilip Roadlines IPOAxita Cotton IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,25,600 shares92,000 shares
QIB0 shares0 shares
NII19,87,200 shares8,30,000 shares
RII19,87,200 shares8,30,000 shares
Employee0 shares0 shares
Total39,74,400 shares16,60,000 shares

Bids Received (Subscription)

DRS Dilip Roadlines IPO subscribed 1.14x in total, whereas Axita Cotton IPO subscribed 1.98x.

 DRS Dilip Roadlines IPOAxita Cotton IPO
NII (times)2.03x2.40x
RII (times)0.26x1.55x
Total (times)1.14x1.98x

Compare with others

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DRS Dilip Roadlines IPO Vs Axita Cotton IPO