Denta Water IPO vs Quality Power Electrical IPO

Comparison between Denta Water IPO and Quality Power Electrical IPO.

IPO Details

Denta Water IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Quality Power Electrical IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Denta Water IPO is up to ₹220.50 Cr whereas the issue size of the Quality Power Electrical IPO is up to ₹858.70 Cr. The final issue price of Denta Water IPO is ₹294.00 per share and of Quality Power Electrical IPO is ₹425.00 per share.

 Denta Water IPOQuality Power Electrical IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹279.00 per share₹401.00 per share
Issue Price (Upper)₹294.00 per share₹425.00 per share
Issue Price (Final)₹294.00 per share₹425.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size50 shares26 shares
Fresh Issue Size75,00,000 shares52,94,100 shares
Fresh Issue Size (Amount)up to ₹220.50 Crup to ₹225.00 Cr
OFS Issue Size0 shares1,49,10,500 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹633.70 Cr
Issue Size Total75,00,000 shares2,02,04,600 shares
Issue Size Total (Amount)up to ₹220.50 Crup to ₹858.70 Cr

IPO Timetable

Denta Water IPO opens on Jan 22, 2025, while Quality Power Electrical IPO opens on Feb 14, 2025. The closing date of Denta Water IPO and Quality Power Electrical IPO is Jan 24, 2025, and Feb 18, 2025, respectively.

 Denta Water IPOQuality Power Electrical IPO
Anchor Bid DateJan 21, 2025Feb 13, 2025
Issue OpenJan 22, 2025Feb 14, 2025
Issue CloseJan 24, 2025Feb 18, 2025
Basis Of Allotment (Tentative)Jan 27, 2025Feb 19, 2025
Initiation of Refunds (Tentative)Jan 28, 2025Feb 20, 2025
Credit of Share (Tentative)Jan 28, 2025Feb 20, 2025
Listing date (Tentative)Jan 29, 2025Feb 24, 2025
Anchor Lockin End date 1Feb 26, 2025Mar 21, 2025
Anchor Lockin End date 2Apr 27, 2025May 20, 2025

Financials & KPIs

Denta Water IPO P/E ratio is 9.45, as compared to Quality Power Electrical IPO P/E ratio of 55.28.

 Denta Water IPOQuality Power Electrical IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets220.35219.85123.2860.64
Total Income98.51241.84175.75119.64
Profit After Tax24.2059.7350.1138.34
NET Worth188.46164.26104.5554.43
Reserves and Surplus169.26145.0699.7449.63
Total Borrowing0.710.861.15
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets399.64358.88312.24252.86
Total Income182.72331.40273.55211.73
Profit After Tax50.0855.4739.8942.23
NET Worth238.63190.33175.66160.29
Reserves and Surplus150.43162.56153.86149.76
Total Borrowing25.5538.2810.6111.52
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)71.9173.91
P/E Ratio9.4555.28
Market Cap₹784.98 Cr.₹3291.38 Cr.
ROE36.36%29.15%
ROCE76.99%19.20%
Debt/Equity0.010.20
EPS₹31.11₹7.69
RoNW36.36%29.15%

Shares Offered

In the Denta Water IPO Retail Individual Investors (RII) are offered 26,25,000 shares while in Quality Power Electrical IPO retail investors are offered 26,25,000 shares. Qualified Institutional Buyers (QIB) are offered 15,00,000 shares in Denta Water IPO and 60,61,380 shares in Quality Power Electrical IPO.

 Denta Water IPOQuality Power Electrical IPO
Anchor Investor Reservation22,50,000 shares90,92,070 shares
Market Maker Reservation0 shares0 shares
QIB15,00,000 shares60,61,380 shares
NII11,25,000 shares30,30,690 shares
RII26,25,000 shares20,20,460 shares
Employee0 shares0 shares
Others
Total75,00,000 shares2,02,04,600 shares

Bids Received (Subscription)

Denta Water IPO subscribed 221.54x in total, whereas Quality Power Electrical IPO subscribed 1.29x.

 Denta Water IPOQuality Power Electrical IPO
QIB (times)236.94x1.03x
NII (times)507.07x1.45x
Big NII (times)556.49x1.78x
Small NII (times)408.23x0.79x
RII (times)90.38x1.82x
Employee (times)
Other (times)
Total (times)221.54x1.29x

Compare with others

Compare:

Denta Water IPO Vs Quality Power Electrical IPO