Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Deepak Chemtex IPO vs Swashthik Plascon IPO

Comparison between Deepak Chemtex IPO and Swashthik Plascon IPO.

IPO Details

Deepak Chemtex IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Swashthik Plascon IPO is a SME Bookbuilding proposed to list at BSE SME.

 Deepak Chemtex IPOSwashthik Plascon IPO
LogoDeepak Chemtex IPO LogoSwashthik Plascon IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Shreni Shares Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Deepak Chemtex IPO is up to ₹21.86 Cr whereas the issue size of the Swashthik Plascon IPO is up to ₹38.71 Cr. The final issue price of Deepak Chemtex IPO is ₹80.00 per share and of Swashthik Plascon IPO is ₹86.00 per share.

 Deepak Chemtex IPOSwashthik Plascon IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹76.00 per share₹80.00 per share
Issue Price (Upper)₹80.00 per share₹86.00 per share
Issue Price (Final)₹80.00 per share₹86.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size27,32,800 shares45,00,800 shares
Fresh Issue Size (Amount)up to ₹21.86 Crup to ₹38.71 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,32,800 shares45,00,800 shares
Issue Size Total (Amount)up to ₹21.86 Crup to ₹38.71 Cr

IPO Timetable

Deepak Chemtex IPO opens on Nov 29, 2023, while Swashthik Plascon IPO opens on Nov 24, 2023. The closing date of Deepak Chemtex IPO and Swashthik Plascon IPO is Dec 01, 2023, and Nov 29, 2023, respectively.

 Deepak Chemtex IPOSwashthik Plascon IPO
Anchor Bid DateNov 28, 2023Nov 23, 2023
Issue OpenNov 29, 2023Nov 24, 2023
Issue CloseDec 01, 2023Nov 29, 2023
Basis Of Allotment (Tentative)Dec 06, 2023Dec 04, 2023
Initiation of Refunds (Tentative)Dec 07, 2023Dec 05, 2023
Credit of Share (Tentative)Dec 08, 2023Dec 05, 2023
Listing date (Tentative)Dec 06, 2023Dec 05, 2023
Anchor Lockin End date 1Jan 05, 2024Jan 03, 2024
Anchor Lockin End date 2Mar 05, 2024Mar 03, 2024

Financials & KPIs

Deepak Chemtex IPO P/E ratio is 10.14, as compared to Swashthik Plascon IPO P/E ratio of 17.23.

 Deepak Chemtex IPOSwashthik Plascon IPO
Financials

Deepak Chemtex Limited Financial Information (Restated Consolidated)

Deepak Chemtex Limited's revenue decreased by -12.12% and profit after tax (PAT) rose by 49.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 2022
Assets2,820.642,382.321,715.17
Total Income2,212.954,783.725,443.68
Profit After Tax311.18631.02423.10
Net Worth1,879.901,568.88938.43
Reserves and Surplus1,081.501,518.98888.53
Total Borrowing120.78136.80199.49
Amount in ₹ Lakhs

Swashthik Plascon Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202331 Mar 2023
Assets11,416.0911,076.25
Total Income6,973.654,589.10
Profit After Tax528.48302.19
Net Worth2,564.072,037.09
Reserves and Surplus1,281.59754.61
Total Borrowing6,231.665,879.54
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.4060.00
Promoter Shareholding (Post-Issue)73.0543.81
P/E Ratio10.1417.23
Market Cap₹86.91 Cr.₹151.05 Cr.
ROE50.27%22.78%
ROCE49.65%17.30%
Debt/Equity0.092.89
EPS₹7.89₹4.99
RoNW40.17%14.95%

Shares Offered

In the Deepak Chemtex IPO Retail Individual Investors (RII) are offered 9,56,800 shares while in Swashthik Plascon IPO retail investors are offered 9,56,800 shares. Qualified Institutional Buyers (QIB) are offered 5,47,200 shares in Deepak Chemtex IPO and 9,00,800 shares in Swashthik Plascon IPO.

 Deepak Chemtex IPOSwashthik Plascon IPO
Anchor Investor Reserveration8,17,600 shares13,48,800 shares
Market Maker Reserveration1,47,200 shares2,38,400 shares
QIB5,47,200 shares9,00,800 shares
NII4,11,200 shares6,75,200 shares
RII9,56,800 shares15,76,000 shares
Employee
Others
Total27,32,800 shares45,00,800 shares

Bids Received (Subscription)

Deepak Chemtex IPO subscribed 403.03x in total, whereas Swashthik Plascon IPO subscribed 15.43x.

 Deepak Chemtex IPOSwashthik Plascon IPO
QIB (times)96.80x3.42x
NII (times)642.25x35.76x
Big NII (times)
Small NII (times)
RII (times)475.36x13.58x
Employee (times)
Other (times)
Total (times)403.03x15.43x