Comparison between Danish Power IPO and Freshara Agro Exports IPO.
Danish Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Freshara Agro Exports IPO is a SME Bookbuilding proposed to list at NSE SME.
| Danish Power IPO | Freshara Agro Exports IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Danish Power IPO is up to ₹188.00 Cr whereas the issue size of the Freshara Agro Exports IPO is up to ₹68.21 Cr. The final issue price of Danish Power IPO is ₹380.00 per share and of Freshara Agro Exports IPO is ₹116.00 per share.
| Danish Power IPO | Freshara Agro Exports IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹360.00 per share | ₹110.00 per share |
| Issue Price (Upper) | ₹380.00 per share | ₹116.00 per share |
| Issue Price (Final) | ₹380.00 per share | ₹116.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 300 shares | 1200 shares |
| Fresh Issue Size | 49,47,300 shares | 58,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹188.00 Cr | up to ₹68.21 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 | 49,47,300 shares | 58,80,000 shares |
| Issue Size Total (Amount) | up to ₹188.00 Cr | up to ₹68.21 Cr |
Danish Power IPO opens on Oct 22, 2024, while Freshara Agro Exports IPO opens on Oct 17, 2024. The closing date of Danish Power IPO and Freshara Agro Exports IPO is Oct 24, 2024, and Oct 21, 2024, respectively.
| Danish Power IPO | Freshara Agro Exports IPO | |
|---|---|---|
| Anchor Bid Date | Oct 21, 2024 | Oct 16, 2024 |
| Issue Open | Oct 22, 2024 | Oct 17, 2024 |
| Issue Close | Oct 24, 2024 | Oct 21, 2024 |
| Basis Of Allotment (Tentative) | Oct 25, 2024 | Oct 22, 2024 |
| Initiation of Refunds (Tentative) | Oct 28, 2024 | Oct 23, 2024 |
| Credit of Share (Tentative) | Oct 28, 2024 | Oct 23, 2024 |
| Listing date (Tentative) | Oct 29, 2024 | Oct 24, 2024 |
| Anchor Lockin End date 1 | Nov 24, 2024 | Nov 21, 2024 |
| Anchor Lockin End date 2 | Jan 23, 2025 | Jan 20, 2025 |
Danish Power IPO P/E ratio is 14.46, as compared to Freshara Agro Exports IPO P/E ratio of 9.04.
| Danish Power IPO | Freshara Agro Exports IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Danish Power Limited Financial Information (Restated Consolidated)
| Freshara Agro Exports Limited Financial Information (Restated)Freshara Agro Exports Limited's revenue increased by 56% and profit after tax (PAT) rose by 140% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 86.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.46 | 9.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹748.28 Cr. | ₹272.59 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 11.94% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.30% | 12.31% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 2.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹26.29 | ₹12.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.85 | 29.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Danish Power IPO Retail Individual Investors (RII) are offered 17,09,400 shares while in Freshara Agro Exports IPO retail investors are offered 17,09,400 shares. Qualified Institutional Buyers (QIB) are offered 9,76,500 shares in Danish Power IPO and 11,76,000 shares in Freshara Agro Exports IPO.
| Danish Power IPO | Freshara Agro Exports IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,64,000 shares | 17,61,600 shares |
| Market Maker Reserveration | 2,60,700 shares | 6,19,200 shares |
| QIB | 9,76,500 shares | 11,76,000 shares |
| NII | 7,32,900 shares | 8,83,200 shares |
| RII | 17,09,400 shares | 20,59,200 shares |
| Employee | 64,500 shares | |
| Others | ||
| Total | 49,47,300 shares | 58,80,000 shares |
Danish Power IPO subscribed 126.65x in total, whereas Freshara Agro Exports IPO subscribed 236.80x.
| Danish Power IPO | Freshara Agro Exports IPO | |
|---|---|---|
| QIB (times) | 104.79x | 129.22x |
| NII (times) | 275.92x | 510.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 79.88x | 180.80x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 126.65x | 236.80x |
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