Comparison between Dar Credit IPO and Essex Marine IPO.
IPO Details
Dar Credit IPO is a SME Fixed Price IPO proposed to list at NSE SME while Essex Marine IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Dar Credit IPO is up to ₹24.36 Cr whereas the issue size of the Essex Marine IPO is up to ₹21.86 Cr. The final issue price of Dar Credit IPO is ₹60.00 per share and of Essex Marine IPO is ₹54.00 per share.
IPO Timetable
Dar Credit IPO opens on May 21, 2025, while Essex Marine IPO opens on Aug 04, 2025. The closing date of Dar Credit IPO and Essex Marine IPO is May 23, 2025, and Aug 06, 2025, respectively.
| | Dar Credit IPO | Essex Marine IPO |
|---|
| Anchor Bid Date | May 20, 2025 | |
| Issue Open | May 21, 2025 | Aug 04, 2025 |
| Issue Close | May 23, 2025 | Aug 06, 2025 |
| Basis Of Allotment (Tentative) | May 26, 2025 | Aug 07, 2025 |
| Initiation of Refunds (Tentative) | May 27, 2025 | Aug 08, 2025 |
| Credit of Share (Tentative) | May 27, 2025 | Aug 08, 2025 |
| Listing date (Tentative) | May 28, 2025 | Aug 11, 2025 |
| Anchor Lockin End date 1 | Jun 25, 2025 | |
| Anchor Lockin End date 2 | Aug 24, 2025 | |
Financials & KPIs
Dar Credit IPO P/E ratio is 15.12, as compared to Essex Marine IPO P/E ratio of 12.73.
Shares Offered
In the Dar Credit IPO Retail Individual Investors (RII) are offered 14,22,000 shares while in Essex Marine IPO retail investors are offered 14,22,000 shares. Qualified Institutional Buyers (QIB) are offered 8,12,000 shares in Dar Credit IPO and 0 shares in Essex Marine IPO.
| | Dar Credit IPO | Essex Marine IPO |
|---|
| Anchor Investor Reservation | 12,16,000 shares | |
| Market Maker Reservation | 2,16,000 shares | 2,14,000 shares |
| QIB | 8,12,000 shares | 0 shares |
| NII | 6,10,000 shares | 20,24,000 shares |
| RII | 14,22,000 shares | 20,24,000 shares |
| Employee | 0 shares | 0 shares |
| Others | | |
| Total | 40,60,000 shares | 40,48,000 shares |
Bids Received (Subscription)
Dar Credit IPO subscribed 74.31x in total, whereas Essex Marine IPO subscribed 2.91x.
