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.

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

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 Standalone)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets39.8931.1919.5915.90
Total Income18.8322.7018.0024.18
Profit After Tax7.284.021.342.20
NET Worth34.4727.1915.1613.83
Reserves and Surplus29.2822.009.988.64
Total Borrowing-0.34-0.041.19-0.44
Amount in ₹ Crore
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 Reservation17,88,000 shares
Market Maker Reservation1,14,000 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.

Compare with others

Compare:

Deem Roll Tech IPO Vs Trust Fintech IPO