Comparison between Darshan Orna IPO and Shanti Educational IPO.
Darshan Orna IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shanti Educational IPO is a SME Fixed Price proposed to list at BSE SME.
| Darshan Orna IPO | Shanti Educational 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. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Guiness Securities Ltd. | Guiness Securities 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 Shanti Educational IPO is up to ₹37.44 Cr. The final issue price of Darshan Orna IPO is ₹60.00 per share and of Shanti Educational IPO is ₹90.00 per share.
| Darshan Orna IPO | Shanti Educational IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹60.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 11,92,000 shares | 5,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.15 Cr | up to ₹5.04 Cr |
| OFS Issue Size | 0 shares | 36,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹32.40 Cr |
| Issue Size Total | 11,92,000 shares | 41,60,000 shares |
| Issue Size Total (Amount) | up to ₹7.15 Cr | up to ₹37.44 Cr |
Darshan Orna IPO opens on May 02, 2016, while Shanti Educational IPO opens on Jun 01, 2016. The closing date of Darshan Orna IPO and Shanti Educational IPO is May 11, 2016, and Jun 06, 2016, respectively.
| Darshan Orna IPO | Shanti Educational IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 02, 2016 | Jun 01, 2016 |
| Issue Close | May 11, 2016 | Jun 06, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 19, 2016 | Jun 14, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Darshan Orna IPO P/E ratio is , as compared to Shanti Educational IPO P/E ratio of .
| Darshan Orna IPO | Shanti Educational IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 66.65 | 91.45 | ||||
| Promoter Shareholding (Post-Issue) | 49.09 | 64.55 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹28.59 Cr. | ₹144.90 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.76 | 2.88 |
In the Darshan Orna IPO Retail Individual Investors (RII) are offered 5,96,000 shares while in Shanti Educational IPO retail investors are offered 5,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Darshan Orna IPO and in Shanti Educational IPO.
| Darshan Orna IPO | Shanti Educational IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 64,000 shares | 2,40,000 shares |
| QIB | ||
| NII | 5,96,000 shares | 20,80,000 shares |
| RII | 5,96,000 shares | 20,80,000 shares |
| Employee | ||
| Others | ||
| Total | 11,92,000 shares | 41,60,000 shares |
Darshan Orna IPO subscribed 1.14x in total, whereas Shanti Educational IPO subscribed 1.55x.
| Darshan Orna IPO | Shanti Educational IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.79x | 2.84x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.49x | 0.27x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.14x | 1.55x |
