Deepak Chemtex IPO vs Net Avenue Technologies IPO

Comparison between Deepak Chemtex IPO and Net Avenue Technologies IPO.

IPO Details

Deepak Chemtex IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Net Avenue Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Deepak Chemtex IPO is up to ₹21.86 Cr whereas the issue size of the Net Avenue Technologies IPO is up to ₹9.73 Cr. The final issue price of Deepak Chemtex IPO is ₹80.00 per share and of Net Avenue Technologies IPO is ₹18.00 per share.

 Deepak Chemtex IPONet Avenue Technologies IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹76.00 per share₹16.00 per share
Issue Price (Upper)₹80.00 per share₹18.00 per share
Issue Price (Final)₹80.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares8000 shares
Fresh Issue Size27,32,800 shares54,08,000 shares
Fresh Issue Size (Amount)up to ₹21.86 Crup to ₹9.73 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,32,800 shares54,08,000 shares
Issue Size Total (Amount)up to ₹21.86 Crup to ₹9.73 Cr

IPO Timetable

Deepak Chemtex IPO opens on Nov 29, 2023, while Net Avenue Technologies IPO opens on Nov 30, 2023. The closing date of Deepak Chemtex IPO and Net Avenue Technologies IPO is Dec 01, 2023, and Dec 04, 2023, respectively.

 Deepak Chemtex IPONet Avenue Technologies IPO
Anchor Bid DateNov 28, 2023Nov 29, 2023
Issue OpenNov 29, 2023Nov 30, 2023
Issue CloseDec 01, 2023Dec 04, 2023
Basis Of Allotment (Tentative)Dec 06, 2023Dec 07, 2023
Initiation of Refunds (Tentative)Dec 07, 2023Dec 08, 2023
Credit of Share (Tentative)Dec 08, 2023Dec 11, 2023
Listing date (Tentative)Dec 06, 2023Dec 08, 2023
Anchor Lockin End date 1Jan 05, 2024Jan 06, 2024
Anchor Lockin End date 2Mar 05, 2024Mar 06, 2024

Financials & KPIs

Deepak Chemtex IPO P/E ratio is 10.14, as compared to Net Avenue Technologies IPO P/E ratio of 8.57.

 Deepak Chemtex IPONet Avenue Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 2022
Assets28.2123.8217.15
Total Income22.1347.8454.44
Profit After Tax3.116.314.23
NET Worth18.8015.699.38
Reserves and Surplus10.8215.198.89
Total Borrowing1.211.371.99
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets13.1814.2012.957.70
Total Income7.8434.5132.7614.48
Profit After Tax0.941.762.620.23
NET Worth3.292.340.43-2.28
Reserves and Surplus3.072.110.20-2.51
Total Borrowing2.932.760.841.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.4045.31
Promoter Shareholding (Post-Issue)73.0533.28
P/E Ratio10.148.57
Market Cap₹86.91 Cr.₹38.62 Cr.
ROE50.27%127.77%
ROCE49.65%5.28%
Debt/Equity0.091.18
EPS₹7.89₹2.10
RoNW40.17%75.53%

Shares Offered

In the Deepak Chemtex IPO Retail Individual Investors (RII) are offered 9,56,800 shares while in Net Avenue Technologies IPO retail investors are offered 9,56,800 shares. Qualified Institutional Buyers (QIB) are offered 5,47,200 shares in Deepak Chemtex IPO and 10,80,000 shares in Net Avenue Technologies IPO.

 Deepak Chemtex IPONet Avenue Technologies IPO
Anchor Investor Reservation8,17,600 shares16,16,000 shares
Market Maker Reservation1,47,200 shares2,88,000 shares
QIB5,47,200 shares10,80,000 shares
NII4,11,200 shares8,16,000 shares
RII9,56,800 shares18,96,000 shares
Employee
Others
Total27,32,800 shares54,08,000 shares

Bids Received (Subscription)

Deepak Chemtex IPO subscribed 403.03x in total, whereas Net Avenue Technologies IPO subscribed 511.21x.

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Deepak Chemtex IPO Vs Net Avenue Technologies IPO