De Neers Tools IPO vs Retina Paints IPO

Comparison between De Neers Tools IPO and Retina Paints IPO.

IPO Details

De Neers Tools IPO is a SME Fixed Price IPO proposed to list at NSE SME while Retina Paints IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of De Neers Tools IPO is up to ₹21.83 Cr whereas the issue size of the Retina Paints IPO is up to ₹10.54 Cr. The final issue price of De Neers Tools IPO is ₹101.00 per share and of Retina Paints IPO is ₹30.00 per share.

 De Neers Tools IPORetina Paints IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share
Issue Price (Upper)₹101.00 per share
Issue Price (Final)₹101.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares4000 shares
Fresh Issue Size21,61,200 shares35,12,000 shares
Fresh Issue Size (Amount)up to ₹21.83 Crup to ₹10.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,61,200 shares35,12,000 shares
Issue Size Total (Amount)up to ₹21.83 Crup to ₹10.54 Cr

IPO Timetable

De Neers Tools IPO opens on Apr 28, 2023, while Retina Paints IPO opens on Apr 19, 2023. The closing date of De Neers Tools IPO and Retina Paints IPO is May 03, 2023, and Apr 24, 2023, respectively.

 De Neers Tools IPORetina Paints IPO
Issue OpenApr 28, 2023Apr 19, 2023
Issue CloseMay 03, 2023Apr 24, 2023
Basis Of Allotment (Tentative)May 08, 2023Apr 27, 2023
Initiation of Refunds (Tentative)May 09, 2023Apr 28, 2023
Credit of Share (Tentative)May 10, 2023May 02, 2023
Listing date (Tentative)May 11, 2023May 03, 2023

Financials & KPIs

De Neers Tools IPO P/E ratio is , as compared to Retina Paints IPO P/E ratio of .

 De Neers Tools IPORetina Paints IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 202231 Mar 202231 Mar 202131 Mar 2020
Assets125.5899.3461.1155.70
Total Income56.0380.0962.1273.50
Profit After Tax3.875.040.660.44
NET Worth30.4423.823.207.04
Reserves and Surplus4.116.543.177.13
Total Borrowing24.0624.3611.484.85
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 202231 Mar 202231 Mar 202131 Mar 2020
Assets20.7511.639.876.70
Total Income5.346.476.866.81
Profit After Tax0.400.110.050.05
NET Worth12.412.200.950.91
Reserves and Surplus7.290.350.230.19
Total Borrowing4.335.886.143.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.14%80.7%
Promoter Shareholding (Post-Issue)67.03%59.28%
Market Cap₹86.92 Cr.₹41.82 Cr.
EPS₹7.97
RoNW21.17

Shares Offered

In the De Neers Tools IPO Retail Individual Investors (RII) are offered 7,57,200 shares while in Retina Paints IPO retail investors are offered 7,57,200 shares. Qualified Institutional Buyers (QIB) are offered 10,78,800 shares in De Neers Tools IPO and in Retina Paints IPO.

 De Neers Tools IPORetina Paints IPO
Market Maker Reservation1,15,200 shares1,88,000 shares
QIB10,78,800 shares
NII3,25,200 shares17,56,000 shares
RII7,57,200 shares17,56,000 shares
Total21,61,200 shares35,12,000 shares

Bids Received (Subscription)

De Neers Tools IPO subscribed 15.84x in total, whereas Retina Paints IPO subscribed 8.70x.

 De Neers Tools IPORetina Paints IPO
QIB (times)3.92x
NII (times)63.17x6.43x
RII (times)12.50x10.97x
Total (times)15.84x8.70x

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