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Deem Roll Tech IPO vs Trust Fintech IPO

Comparison between Deem Roll Tech IPO and Trust Fintech IPO.

IPO Details

Deem Roll Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trust Fintech IPO is a SME Bookbuilding proposed to list at NSE SME.

 Deem Roll Tech IPOTrust Fintech IPO
LogoDeem Roll Tech IPO LogoTrust Fintech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersFedex Securities Pvt.Ltd.Corporate Capitalventures Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSS Corporate Securities Ltd.SS Corporate Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Trust Fintech IPO is up to ₹60.24 Cr. The final issue price of Deem Roll Tech IPO is ₹129.00 per share and of Trust Fintech IPO is ₹101.00 per share.

 Deem Roll Tech IPOTrust Fintech 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)₹129.00 per share₹101.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size21,54,000 shares59,64,000 shares
Fresh Issue Size (Amount)up to ₹27.79 Crup to ₹60.24 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,54,000 shares59,64,000 shares
Issue Size Total (Amount)up to ₹27.79 Crup to ₹60.24 Cr

IPO Timetable

Deem Roll Tech IPO opens on Feb 20, 2024, while Trust Fintech IPO opens on Mar 26, 2024. The closing date of Deem Roll Tech IPO and Trust Fintech IPO is Feb 22, 2024, and Mar 28, 2024, respectively.

 Deem Roll Tech IPOTrust Fintech IPO
Anchor Bid DateMar 22, 2024
Issue OpenFeb 20, 2024Mar 26, 2024
Issue CloseFeb 22, 2024Mar 28, 2024
Basis Of Allotment (Tentative)Feb 23, 2024Apr 02, 2024
Initiation of Refunds (Tentative)Feb 26, 2024Apr 03, 2024
Credit of Share (Tentative)Feb 26, 2024Apr 03, 2024
Listing date (Tentative)Feb 27, 2024Apr 04, 2024
Anchor Lockin End date 1May 02, 2024
Anchor Lockin End date 2Jul 01, 2024

Financials & KPIs

Deem Roll Tech IPO P/E ratio is 11.31, as compared to Trust Fintech IPO P/E ratio of 44.05.

 Deem Roll Tech IPOTrust Fintech IPO
Financials

Deem Roll Tech Limited Financial Information (Restated)

Deem Roll Tech Limited's revenue increased by 13.42% and profit after tax (PAT) rose by 68.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets9,825.859,251.448,263.027,898.93
Total Income5,027.5510,448.579,212.126,461.96
Profit After Tax371.83692.05409.78298.24
Net Worth3,780.023,408.192,716.162,306.35
Reserves and Surplus4,245.864,319.433,627.383,217.60
Total Borrowing2,062.472,080.881,636.651,802.25
Amount in ₹ Lakhs

Trust Fintech Limited Financial Information (Restated Standalone)

Trust Fintech Limited's revenue increased by 26.12% and profit after tax (PAT) rose by 200.92% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,989.433,118.891,958.721,590.01
Total Income1,883.132,270.191,800.002,417.94
Profit After Tax727.95402.21133.66219.66
Net Worth3,446.552,718.601,516.391,382.73
Reserves and Surplus2,928.062,200.11997.90864.25
Total Borrowing-34.32-3.80118.69-44.34
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)92.1893.51
Promoter Shareholding (Post-Issue)67.1268.85
P/E Ratio11.3144.05
Market Cap₹107.55 Cr.₹240.63 Cr.
ROE16.83%23.61%
ROCE20.26%28.54%
Debt/Equity0.47
EPS₹11.40₹2.29
RoNW20.31%27.51%

Shares Offered

In the Deem Roll Tech IPO Retail Individual Investors (RII) are offered 10,77,000 shares while in Trust Fintech IPO retail investors are offered 10,77,000 shares. Qualified Institutional Buyers (QIB) are offered in Deem Roll Tech IPO and 11,92,800 shares in Trust Fintech IPO.

 Deem Roll Tech IPOTrust Fintech IPO
Anchor Investor Reserveration17,88,000 shares
Market Maker Reserveration1,14,000 shares3,18,000 shares
QIB11,92,800 shares
NII10,77,000 shares8,95,200 shares
RII10,77,000 shares20,88,000 shares
Employee
Others
Total21,54,000 shares59,64,000 shares

Bids Received (Subscription)

Deem Roll Tech IPO subscribed 256.55x in total, whereas Trust Fintech IPO subscribed 108.63x.

 Deem Roll Tech IPOTrust Fintech IPO
QIB (times)65.38x
NII (times)311.95x244.48x
Big NII (times)
Small NII (times)
RII (times)180.50x75.10x
Employee (times)
Other (times)
Total (times)256.55x108.63x