D P Wires IPO vs Innovative Tyres IPO

Comparison between D P Wires IPO and Innovative Tyres IPO.

IPO Details

D P Wires IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Innovative Tyres IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of D P Wires IPO is up to ₹25.51 Cr whereas the issue size of the Innovative Tyres IPO is up to ₹26.87 Cr. The final issue price of D P Wires IPO is ₹75.00 per share and of Innovative Tyres IPO is ₹45.00 per share.

 D P Wires IPOInnovative Tyres IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹42.00 per share
Issue Price (Upper)₹45.00 per share
Issue Price (Final)₹75.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size34,01,600 shares59,70,000 shares
Fresh Issue Size (Amount)up to ₹25.51 Crup to ₹26.87 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total34,01,600 shares59,70,000 shares
Issue Size Total (Amount)up to ₹25.51 Crup to ₹26.87 Cr

IPO Timetable

D P Wires IPO opens on Sep 21, 2017, while Innovative Tyres IPO opens on Sep 22, 2017. The closing date of D P Wires IPO and Innovative Tyres IPO is Sep 26, 2017, and Sep 26, 2017, respectively.

 D P Wires IPOInnovative Tyres IPO
Issue OpenSep 21, 2017Sep 22, 2017
Issue CloseSep 26, 2017Sep 26, 2017
Basis Of Allotment (Tentative)Sep 29, 2017
Listing date (Tentative)Oct 05, 2017Oct 05, 2017

Financials & KPIs

D P Wires IPO P/E ratio is , as compared to Innovative Tyres IPO P/E ratio of .

 D P Wires IPOInnovative Tyres IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets81.3668.4850.27
Total Income196.83160.06139.13
Profit After Tax5.002.191.67
Reserves and Surplus25.3420.3418.16
Total Borrowing30.3523.717.78
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets131.38125.59135.88
Total Income132.54125.90130.52
Profit After Tax4.081.894.12
NET Worth45.8737.9332.29
Reserves and Surplus28.9224.8422.95
Total Borrowing19.2817.0618.95
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.09%37.42%
Promoter Shareholding (Post-Issue)69.23%24.32%
Market Cap₹101.76 Cr.₹80.96 Cr.

Shares Offered

In the D P Wires IPO Retail Individual Investors (RII) are offered 17,00,800 shares while in Innovative Tyres IPO retail investors are offered 17,00,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in D P Wires IPO and 0 shares in Innovative Tyres IPO.

 D P Wires IPOInnovative Tyres IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,82,400 shares3,27,000 shares
QIB0 shares0 shares
NII17,00,800 shares25,50,000 shares
RII17,00,800 shares25,50,000 shares
Employee0 shares8,70,000 shares
Total34,01,600 shares59,70,000 shares

Bids Received (Subscription)

D P Wires IPO subscribed 1.58x in total, whereas Innovative Tyres IPO subscribed 8.03x.

 D P Wires IPOInnovative Tyres IPO
NII (times)2.45x4.07x
RII (times)0.71x14.36x
Employee (times)0.91x
Total (times)1.58x8.03x

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D P Wires IPO Vs Innovative Tyres IPO