Deem Roll Tech IPO vs Esconet Technologies IPO

Comparison between Deem Roll Tech IPO and Esconet Technologies IPO.

IPO Details

Deem Roll Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Esconet Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Deem Roll Tech IPO is up to ₹27.79 Cr whereas the issue size of the Esconet Technologies IPO is up to ₹26.75 Cr. The final issue price of Deem Roll Tech IPO is ₹129.00 per share and of Esconet Technologies IPO is ₹84.00 per share.

 Deem Roll Tech IPOEsconet Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share
Issue Price (Upper)₹84.00 per share
Issue Price (Final)₹129.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1600 shares
Fresh Issue Size21,54,000 shares31,84,000 shares
Fresh Issue Size (Amount)up to ₹27.79 Crup to ₹26.75 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,54,000 shares31,84,000 shares
Issue Size Total (Amount)up to ₹27.79 Crup to ₹26.75 Cr

IPO Timetable

Deem Roll Tech IPO opens on Feb 20, 2024, while Esconet Technologies IPO opens on Feb 16, 2024. The closing date of Deem Roll Tech IPO and Esconet Technologies IPO is Feb 22, 2024, and Feb 20, 2024, respectively.

 Deem Roll Tech IPOEsconet Technologies IPO
Anchor Bid DateFeb 15, 2024
Issue OpenFeb 20, 2024Feb 16, 2024
Issue CloseFeb 22, 2024Feb 20, 2024
Basis Of Allotment (Tentative)Feb 23, 2024Feb 21, 2024
Initiation of Refunds (Tentative)Feb 26, 2024Feb 22, 2024
Credit of Share (Tentative)Feb 26, 2024Feb 22, 2024
Listing date (Tentative)Feb 27, 2024Feb 23, 2024
Anchor Lockin End date 1Mar 22, 2024
Anchor Lockin End date 2May 21, 2024

Financials & KPIs

Deem Roll Tech IPO P/E ratio is 11.31, as compared to Esconet Technologies IPO P/E ratio of 24.87.

 Deem Roll Tech IPOEsconet Technologies IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets98.2692.5182.6378.99
Total Income50.28104.4992.1264.62
Profit After Tax3.726.924.102.98
NET Worth37.8034.0827.1623.06
Reserves and Surplus42.4643.1936.2732.18
Total Borrowing20.6220.8116.3718.02
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 2023
Assets42.6027.98
Total Income71.4796.91
Profit After Tax3.053.04
NET Worth9.035.54
Reserves and Surplus8.254.77
Total Borrowing10.0911.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.1889.18
Promoter Shareholding (Post-Issue)67.1264.94
P/E Ratio11.3124.87
Market Cap₹107.55 Cr.₹103.82 Cr.
ROE16.83%75.54%
ROCE20.26%59.11%
Debt/Equity0.471.99
EPS₹11.40₹39.63
RoNW20.31%54.83%

Shares Offered

In the Deem Roll Tech IPO Retail Individual Investors (RII) are offered 10,77,000 shares while in Esconet Technologies IPO retail investors are offered 10,77,000 shares. Qualified Institutional Buyers (QIB) are offered in Deem Roll Tech IPO and 6,36,800 shares in Esconet Technologies IPO.

 Deem Roll Tech IPOEsconet Technologies IPO
Anchor Investor Reservation9,53,600 shares
Market Maker Reservation1,14,000 shares1,76,000 shares
QIB6,36,800 shares
NII10,77,000 shares4,78,400 shares
RII10,77,000 shares11,15,200 shares
Employee
Others
Total21,54,000 shares31,84,000 shares

Bids Received (Subscription)

Deem Roll Tech IPO subscribed 256.55x in total, whereas Esconet Technologies IPO subscribed 507.24x.

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Deem Roll Tech IPO Vs Esconet Technologies IPO