Comparison between Darshan Orna IPO and Ghushine Fintrrade Ocean IPO.
Darshan Orna IPO is a SME Fixed Price IPO proposed to list at BSE SME while Ghushine Fintrrade Ocean IPO is a SME Fixed Price proposed to list at BSE SME.
| Darshan Orna IPO | Ghushine Fintrrade Ocean IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | First Overseas Capital Ltd. | First Overseas Capital Ltd. |
| Registrar | Kfin Technologies Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Guiness Securities Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Darshan Orna IPO is up to ₹7.15 Cr whereas the issue size of the Ghushine Fintrrade Ocean IPO is up to ₹2.46 Cr. The final issue price of Darshan Orna IPO is ₹60.00 per share and of Ghushine Fintrrade Ocean IPO is ₹10.00 per share.
| Darshan Orna IPO | Ghushine Fintrrade Ocean IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹60.00 per share | ₹10.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 10000 shares |
| Fresh Issue Size | 11,92,000 shares | 24,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.15 Cr | up to ₹2.46 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 | 11,92,000 shares | 24,60,000 shares |
| Issue Size Total (Amount) | up to ₹7.15 Cr | up to ₹2.46 Cr |
Darshan Orna IPO opens on May 02, 2016, while Ghushine Fintrrade Ocean IPO opens on Apr 25, 2016. The closing date of Darshan Orna IPO and Ghushine Fintrrade Ocean IPO is May 11, 2016, and Apr 27, 2016, respectively.
| Darshan Orna IPO | Ghushine Fintrrade Ocean IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 02, 2016 | Apr 25, 2016 |
| Issue Close | May 11, 2016 | Apr 27, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 19, 2016 | May 05, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Darshan Orna IPO P/E ratio is , as compared to Ghushine Fintrrade Ocean IPO P/E ratio of .
| Darshan Orna IPO | Ghushine Fintrrade Ocean IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 66.65 | 99.99 | ||||
| Promoter Shareholding (Post-Issue) | 49.09 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹28.59 Cr. | ₹4.94 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.76 | 0.28 |
In the Darshan Orna IPO Retail Individual Investors (RII) are offered 5,96,000 shares while in Ghushine Fintrrade Ocean IPO retail investors are offered 5,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Darshan Orna IPO and in Ghushine Fintrrade Ocean IPO.
| Darshan Orna IPO | Ghushine Fintrrade Ocean IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 64,000 shares | 1,40,000 shares |
| QIB | ||
| NII | 5,96,000 shares | 12,30,000 shares |
| RII | 5,96,000 shares | 12,30,000 shares |
| Employee | ||
| Others | ||
| Total | 11,92,000 shares | 24,60,000 shares |
Darshan Orna IPO subscribed 1.14x in total, whereas Ghushine Fintrrade Ocean IPO subscribed 2.61x.
| Darshan Orna IPO | Ghushine Fintrrade Ocean IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.79x | 2.39x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.49x | 2.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.14x | 2.61x |
