Comparison between De Neers Tools IPO and Sancode Technologies IPO.
De Neers Tools IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sancode Technologies IPO is a SME Fixed Price proposed to list at BSE SME.
| De Neers Tools IPO | Sancode Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. Khambatta Securities Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Shreni Shares 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 De Neers Tools IPO is up to ₹21.83 Cr whereas the issue size of the Sancode Technologies IPO is up to ₹4.88 Cr. The final issue price of De Neers Tools IPO is ₹101.00 per share and of Sancode Technologies IPO is ₹47.00 per share.
| De Neers Tools IPO | Sancode Technologies 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 | ₹47.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 21,61,200 shares | 10,38,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.83 Cr | up to ₹4.88 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 | 21,61,200 shares | 10,38,000 shares |
| Issue Size Total (Amount) | up to ₹21.83 Cr | up to ₹4.88 Cr |
De Neers Tools IPO opens on Apr 28, 2023, while Sancode Technologies IPO opens on Mar 31, 2023. The closing date of De Neers Tools IPO and Sancode Technologies IPO is May 03, 2023, and Apr 06, 2023, respectively.
| De Neers Tools IPO | Sancode Technologies IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 28, 2023 | Mar 31, 2023 |
| Issue Close | May 03, 2023 | Apr 06, 2023 |
| Basis Of Allotment (Tentative) | May 08, 2023 | Apr 12, 2023 |
| Initiation of Refunds (Tentative) | May 09, 2023 | Apr 13, 2023 |
| Credit of Share (Tentative) | May 10, 2023 | Apr 17, 2023 |
| Listing date (Tentative) | May 11, 2023 | Apr 18, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
De Neers Tools IPO P/E ratio is , as compared to Sancode Technologies IPO P/E ratio of 10.71.
| De Neers Tools IPO | Sancode Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.14 | 97.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹86.92 Cr. | ₹19.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.97 | ₹2.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.17 | 21.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the De Neers Tools IPO Retail Individual Investors (RII) are offered 7,57,200 shares while in Sancode Technologies 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 Sancode Technologies IPO.
| De Neers Tools IPO | Sancode Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,15,200 shares | 57,000 shares |
| QIB | 10,78,800 shares | |
| NII | 3,25,200 shares | 5,19,000 shares |
| RII | 7,57,200 shares | 5,19,000 shares |
| Employee | ||
| Others | ||
| Total | 21,61,200 shares | 10,38,000 shares |
De Neers Tools IPO subscribed 15.04x in total, whereas Sancode Technologies IPO subscribed 3.68x.
| De Neers Tools IPO | Sancode Technologies IPO | |
|---|---|---|
| QIB (times) | 3.72x | |
| NII (times) | 60.16x | 3.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.88x | 3.39x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.04x | 3.68x |
