Command Polymers IPO vs Dev Labtech Venture IPO

Comparison between Command Polymers IPO and Dev Labtech Venture IPO.

IPO Details

Command Polymers IPO is a SME Fixed Price IPO proposed to list at BSE SME while Dev Labtech Venture IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Command Polymers IPO is up to ₹6.72 Cr whereas the issue size of the Dev Labtech Venture IPO is up to ₹10.65 Cr. The final issue price of Command Polymers IPO is ₹28.00 per share and of Dev Labtech Venture IPO is ₹51.00 per share.

 Command Polymers IPODev Labtech Venture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹28.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares2000 shares
Fresh Issue Size24,00,000 shares20,88,000 shares
Fresh Issue Size (Amount)up to ₹6.72 Crup to ₹10.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total24,00,000 shares20,88,000 shares
Issue Size Total (Amount)up to ₹6.72 Crup to ₹10.65 Cr

IPO Timetable

Command Polymers IPO opens on Mar 17, 2023, while Dev Labtech Venture IPO opens on Mar 17, 2023. The closing date of Command Polymers IPO and Dev Labtech Venture IPO is Mar 21, 2023, and Mar 21, 2023, respectively.

Financials & KPIs

Command Polymers IPO P/E ratio is 121.74, as compared to Dev Labtech Venture IPO P/E ratio of 32.9.

 Command Polymers IPODev Labtech Venture IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets22.2518.8922.5216.40
Total Income14.6019.4916.3710.90
Profit After Tax0.160.300.200.09
NET Worth9.799.629.329.21
Reserves and Surplus2.942.782.482.37
Total Borrowing6.616.855.142.39
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets11.678.887.147.11
Total Income9.6626.9812.2811.79
Profit After Tax0.640.440.040.00
NET Worth7.181.921.481.45
Reserves and Surplus2.320.661.281.24
Total Borrowing1.151.231.781.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)52.6092.66
Promoter Shareholding (Post-Issue)38.3968.01
P/E Ratio121.7432.9
Market Cap₹26.26 Cr.₹42.18 Cr.
ROE3.1729.68
ROCE6.140.22
Debt/Equity0.64
EPS₹0.44₹0.84
RoNW3.1222.71

Shares Offered

In the Command Polymers IPO Retail Individual Investors (RII) are offered 12,00,000 shares while in Dev Labtech Venture IPO retail investors are offered 12,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Command Polymers IPO and in Dev Labtech Venture IPO.

 Command Polymers IPODev Labtech Venture IPO
Anchor Investor Reservation
Market Maker Reservation1,32,000 shares1,12,000 shares
QIB
NII12,00,000 shares10,44,000 shares
RII12,00,000 shares10,44,000 shares
Employee
Others
Total24,00,000 shares20,88,000 shares

Bids Received (Subscription)

Command Polymers IPO subscribed 1.39x in total, whereas Dev Labtech Venture IPO subscribed 5.47x.

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