Comparison between Bikaji Foods International IPO and Dharmaj Crop Guard IPO.
Bikaji Foods International 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 Bikaji Foods International IPO is up to ₹880.86 Cr whereas the issue size of the Dharmaj Crop Guard IPO is up to ₹251.09 Cr. The final issue price of Bikaji Foods International IPO is ₹300.00 per share and of Dharmaj Crop Guard IPO is ₹237.00 per share.
| Bikaji Foods International IPO | Dharmaj Crop Guard IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹285.00 per share | ₹216.00 per share |
| Issue Price (Upper) | ₹300.00 per share | ₹237.00 per share |
| Issue Price (Final) | ₹300.00 per share | ₹237.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | ₹10.00 per share |
| Market Lot Size | 50 shares | 60 shares |
| Fresh Issue Size | 0 shares | 91,13,924 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹215.95 Cr |
| OFS Issue Size | 2,93,73,984 shares | 14,83,000 shares |
| OFS Issue Size (Amount) | up to ₹880.86 Cr | up to ₹35.14 Cr |
| Issue Size Total | 2,93,73,984 shares | 1,05,96,924 shares |
| Issue Size Total (Amount) | up to ₹880.86 Cr | up to ₹251.09 Cr |
Bikaji Foods International IPO opens on Nov 03, 2022, while Dharmaj Crop Guard IPO opens on Nov 28, 2022. The closing date of Bikaji Foods International IPO and Dharmaj Crop Guard IPO is Nov 07, 2022, and Nov 30, 2022, respectively.
| Bikaji Foods International IPO | Dharmaj Crop Guard IPO | |
|---|---|---|
| Anchor Bid Date | Nov 02, 2022 | Nov 25, 2022 |
| Issue Open | Nov 03, 2022 | Nov 28, 2022 |
| Issue Close | Nov 07, 2022 | Nov 30, 2022 |
| Basis Of Allotment (Tentative) | Nov 11, 2022 | Dec 05, 2022 |
| Initiation of Refunds (Tentative) | Nov 14, 2022 | Dec 06, 2022 |
| Credit of Share (Tentative) | Nov 15, 2022 | Dec 06, 2022 |
| Listing date (Tentative) | Nov 16, 2022 | Dec 08, 2022 |
| Anchor Lockin End date 1 | Dec 11, 2022 | Jan 04, 2023 |
| Anchor Lockin End date 2 | Feb 09, 2023 | Mar 05, 2023 |
Bikaji Foods International IPO P/E ratio is 119.05, as compared to Dharmaj Crop Guard IPO P/E ratio of 14.55.
| Bikaji Foods International IPO | Dharmaj Crop Guard IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 77.97 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 75.96 | 68.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 119.05 | 14.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7485.30 Cr. | ₹801.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.5 | 34.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.89 | 32.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.17 | 0.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.15 | ₹11.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.51 | 34.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bikaji Foods International IPO Retail Individual Investors (RII) are offered 1,01,93,395 shares while in Dharmaj Crop Guard IPO retail investors are offered 1,01,93,395 shares. Qualified Institutional Buyers (QIB) are offered 58,24,797 shares in Bikaji Foods International IPO and 21,08,421 shares in Dharmaj Crop Guard IPO.
| Bikaji Foods International IPO | Dharmaj Crop Guard IPO | |
|---|---|---|
| Anchor Investor Reservation | 87,37,194 shares | 31,62,540 shares |
| Market Maker Reservation | ||
| QIB | 58,24,797 shares | 21,08,421 shares |
| NII | 43,68,598 shares | 15,81,289 shares |
| RII | 1,01,93,395 shares | 36,89,674 shares |
| Employee | 2,50,000 shares | 55,000 shares |
| Others | ||
| Total | 2,93,73,984 shares | 1,05,96,924 shares |
Bikaji Foods International IPO subscribed 26.67x in total, whereas Dharmaj Crop Guard IPO subscribed 35.49x.
| Bikaji Foods International IPO | Dharmaj Crop Guard IPO | |
|---|---|---|
| QIB (times) | 80.63x | 48.21x |
| NII (times) | 7.10x | 52.29x |
| Big NII (times) | 7.47x | 52.97x |
| Small NII (times) | 6.34x | 50.93x |
| RII (times) | 4.77x | 21.53x |
| Employee (times) | 4.38x | 7.48x |
| Other (times) | ||
| Total (times) | 26.67x | 35.49x |
