Comparison between DEE Development Engineers IPO and Vraj Iron IPO.
DEE Development Engineers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vraj Iron IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of DEE Development Engineers IPO is up to ₹418.01 Cr whereas the issue size of the Vraj Iron IPO is up to ₹171.00 Cr. The final issue price of DEE Development Engineers IPO is ₹203.00 per share and of Vraj Iron IPO is ₹207.00 per share.
| DEE Development Engineers IPO | Vraj Iron IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹193.00 per share | ₹195.00 per share |
| Issue Price (Upper) | ₹203.00 per share | ₹207.00 per share |
| Issue Price (Final) | ₹203.00 per share | ₹207.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹19.00 per share | |
| Market Lot Size | 73 shares | 72 shares |
| Fresh Issue Size | 1,60,14,938 shares | 82,60,869 shares |
| Fresh Issue Size (Amount) | up to ₹325.02 Cr | up to ₹171.00 Cr |
| OFS Issue Size | 45,82,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹92.99 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,05,96,938 shares | 82,60,869 shares |
| Issue Size Total (Amount) | up to ₹418.01 Cr | up to ₹171.00 Cr |
DEE Development Engineers IPO opens on Jun 19, 2024, while Vraj Iron IPO opens on Jun 26, 2024. The closing date of DEE Development Engineers IPO and Vraj Iron IPO is Jun 21, 2024, and Jun 28, 2024, respectively.
| DEE Development Engineers IPO | Vraj Iron IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | Jun 25, 2024 |
| Issue Open | Jun 19, 2024 | Jun 26, 2024 |
| Issue Close | Jun 21, 2024 | Jun 28, 2024 |
| Basis Of Allotment (Tentative) | Jun 24, 2024 | Jul 01, 2024 |
| Initiation of Refunds (Tentative) | Jun 25, 2024 | Jul 02, 2024 |
| Credit of Share (Tentative) | Jun 25, 2024 | Jul 02, 2024 |
| Listing date (Tentative) | Jun 26, 2024 | Jul 03, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | Jul 31, 2024 |
| Anchor Lockin End date 2 | Sep 22, 2024 | Sep 29, 2024 |
DEE Development Engineers IPO P/E ratio is 83, as compared to Vraj Iron IPO P/E ratio of 9.48.
| DEE Development Engineers IPO | Vraj Iron IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 83 | 9.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1401.69 Cr. | ₹682.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.78% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 3.91% | 25.34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.85 | 0.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.45 | ₹21.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.35% | 23.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the DEE Development Engineers IPO Retail Individual Investors (RII) are offered 71,89,907 shares while in Vraj Iron IPO retail investors are offered 71,89,907 shares. Qualified Institutional Buyers (QIB) are offered 41,08,518 shares in DEE Development Engineers IPO and 16,52,174 shares in Vraj Iron IPO.
| DEE Development Engineers IPO | Vraj Iron IPO | |
|---|---|---|
| Anchor Investor Reservation | 61,62,777 shares | 24,78,259 shares |
| Market Maker Reservation | ||
| QIB | 41,08,518 shares | 16,52,174 shares |
| NII | 30,81,389 shares | 12,39,131 shares |
| RII | 71,89,907 shares | 28,91,305 shares |
| Employee | 54,347 shares | |
| Others | ||
| Total | 2,05,96,938 shares | 82,60,869 shares |
DEE Development Engineers IPO subscribed 103.03x in total, whereas Vraj Iron IPO subscribed 126.36x.
| DEE Development Engineers IPO | Vraj Iron IPO | |
|---|---|---|
| QIB (times) | 206.54x | 173.99x |
| NII (times) | 149.38x | 221.66x |
| Big NII (times) | 165.71x | 217.50x |
| Small NII (times) | 116.73x | 229.99x |
| RII (times) | 23.66x | 58.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 103.03x | 126.36x |
