Comparison between DCX Systems IPO and Tamilnad Mercantile Bank IPO.
DCX Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tamilnad Mercantile Bank 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 Tamilnad Mercantile Bank IPO is up to ₹807.84 Cr. The final issue price of DCX Systems IPO is ₹207.00 per share and of Tamilnad Mercantile Bank IPO is ₹510.00 per share.
| DCX Systems IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹197.00 per share | ₹500.00 per share |
| Issue Price (Upper) | ₹207.00 per share | ₹525.00 per share |
| Issue Price (Final) | ₹207.00 per share | ₹510.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 72 shares | 28 shares |
| Fresh Issue Size | 1,93,23,671 shares | 1,58,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹807.84 Cr |
| OFS Issue Size | 48,30,916 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹100.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,41,54,587 shares | 1,58,40,000 shares |
| Issue Size Total (Amount) | up to ₹500.00 Cr | up to ₹807.84 Cr |
DCX Systems IPO opens on Oct 31, 2022, while Tamilnad Mercantile Bank IPO opens on Sep 05, 2022. The closing date of DCX Systems IPO and Tamilnad Mercantile Bank IPO is Nov 02, 2022, and Sep 07, 2022, respectively.
| DCX Systems IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Anchor Bid Date | Oct 28, 2022 | Sep 02, 2022 |
| Issue Open | Oct 31, 2022 | Sep 05, 2022 |
| Issue Close | Nov 02, 2022 | Sep 07, 2022 |
| Basis Of Allotment (Tentative) | Nov 07, 2022 | Sep 12, 2022 |
| Initiation of Refunds (Tentative) | Nov 09, 2022 | Sep 13, 2022 |
| Credit of Share (Tentative) | Nov 10, 2022 | Sep 14, 2022 |
| Listing date (Tentative) | Nov 11, 2022 | Sep 15, 2022 |
| Anchor Lockin End date 1 | Dec 07, 2022 | Oct 12, 2022 |
| Anchor Lockin End date 2 | Feb 05, 2023 | Dec 11, 2022 |
DCX Systems IPO P/E ratio is 90, as compared to Tamilnad Mercantile Bank IPO P/E ratio of 9.22.
| DCX Systems IPO | Tamilnad Mercantile Bank IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 90 | 9.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2002.18 Cr. | ₹8313.45 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 55.8 | 16.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 4.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.19 | ₹57.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 55.79 | 15.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the DCX Systems IPO Retail Individual Investors (RII) are offered 24,15,458 shares while in Tamilnad Mercantile Bank IPO retail investors are offered 24,15,458 shares. Qualified Institutional Buyers (QIB) are offered 72,46,377 shares in DCX Systems IPO and 47,52,000 shares in Tamilnad Mercantile Bank IPO.
| DCX Systems IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,08,69,564 shares | 71,28,000 shares |
| Market Maker Reservation | ||
| QIB | 72,46,377 shares | 47,52,000 shares |
| NII | 36,23,188 shares | 23,76,000 shares |
| RII | 24,15,458 shares | 15,84,000 shares |
| Employee | ||
| Others | ||
| Total | 2,41,54,587 shares | 1,58,40,000 shares |
DCX Systems IPO subscribed 69.79x in total, whereas Tamilnad Mercantile Bank IPO subscribed 2.86x.
| DCX Systems IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| QIB (times) | 84.32x | 1.62x |
| NII (times) | 43.97x | 2.94x |
| Big NII (times) | 45.44x | 3.10x |
| Small NII (times) | 41.05x | 2.63x |
| RII (times) | 61.77x | 6.48x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 69.79x | 2.86x |
