Comparison between DCX Systems IPO and Syrma SGS Technology IPO.
DCX Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Syrma SGS Technology IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of DCX Systems IPO is up to ₹500.00 Cr whereas the issue size of the Syrma SGS Technology IPO is up to ₹840.13 Cr. The final issue price of DCX Systems IPO is ₹207.00 per share and of Syrma SGS Technology IPO is ₹220.00 per share.
| DCX Systems IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹197.00 per share | ₹209.00 per share |
| Issue Price (Upper) | ₹207.00 per share | ₹220.00 per share |
| Issue Price (Final) | ₹207.00 per share | ₹220.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 72 shares | 68 shares |
| Fresh Issue Size | 1,93,23,671 shares | 3,48,18,181 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹766.00 Cr |
| OFS Issue Size | 48,30,916 shares | 33,69,360 shares |
| OFS Issue Size (Amount) | up to ₹100.00 Cr | up to ₹74.13 Cr |
| Issue Size Total | 2,41,54,587 shares | 3,81,87,541 shares |
| Issue Size Total (Amount) | up to ₹500.00 Cr | up to ₹840.13 Cr |
DCX Systems IPO opens on Oct 31, 2022, while Syrma SGS Technology IPO opens on Aug 12, 2022. The closing date of DCX Systems IPO and Syrma SGS Technology IPO is Nov 02, 2022, and Aug 18, 2022, respectively.
| DCX Systems IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Bid Date | Oct 28, 2022 | Aug 11, 2022 |
| Issue Open | Oct 31, 2022 | Aug 12, 2022 |
| Issue Close | Nov 02, 2022 | Aug 18, 2022 |
| Basis Of Allotment (Tentative) | Nov 07, 2022 | Aug 23, 2022 |
| Initiation of Refunds (Tentative) | Nov 09, 2022 | Aug 24, 2022 |
| Credit of Share (Tentative) | Nov 10, 2022 | Aug 25, 2022 |
| Listing date (Tentative) | Nov 11, 2022 | Aug 26, 2022 |
| Anchor Lockin End date 1 | Dec 07, 2022 | Sep 22, 2022 |
| Anchor Lockin End date 2 | Feb 05, 2023 | Nov 21, 2022 |
DCX Systems IPO P/E ratio is 90, as compared to Syrma SGS Technology IPO P/E ratio of 50.69.
| DCX Systems IPO | Syrma SGS Technology IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 90 | 50.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2002.18 Cr. | ₹3877.04 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 55.8 | 7.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.15 | 18.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 4.27 | 0.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.19 | ₹2.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 55.79 | 7.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
In the DCX Systems IPO Retail Individual Investors (RII) are offered 24,15,458 shares while in Syrma SGS Technology IPO retail investors are offered 24,15,458 shares. Qualified Institutional Buyers (QIB) are offered 72,46,377 shares in DCX Systems IPO and 76,37,508 shares in Syrma SGS Technology IPO.
| DCX Systems IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,08,69,564 shares | 1,14,56,261 shares |
| Market Maker Reservation | ||
| QIB | 72,46,377 shares | 76,37,508 shares |
| NII | 36,23,188 shares | 57,28,132 shares |
| RII | 24,15,458 shares | 1,33,65,640 shares |
| Employee | ||
| Others | ||
| Total | 2,41,54,587 shares | 3,81,87,541 shares |
DCX Systems IPO subscribed 69.79x in total, whereas Syrma SGS Technology IPO subscribed 32.61x.
| DCX Systems IPO | Syrma SGS Technology IPO | |
|---|---|---|
| QIB (times) | 84.32x | 87.56x |
| NII (times) | 43.97x | 17.50x |
| Big NII (times) | 45.44x | 19.01x |
| Small NII (times) | 41.05x | 14.47x |
| RII (times) | 61.77x | 5.53x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 69.79x | 32.61x |
