Comparison between Desco Infratech IPO and Spinaroo Commercial IPO.
Desco Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Spinaroo Commercial IPO is a SME Fixed Price proposed to list at BSE SME.
| Desco Infratech IPO | Spinaroo Commercial IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Rikhav Securities Ltd. | Black Fox Financial Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Desco Infratech IPO is up to ₹29.15 Cr whereas the issue size of the Spinaroo Commercial IPO is up to ₹9.66 Cr. The final issue price of Desco Infratech IPO is ₹150.00 per share and of Spinaroo Commercial IPO is ₹51.00 per share.
| Desco Infratech IPO | Spinaroo Commercial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹147.00 per share | |
| Issue Price (Upper) | ₹150.00 per share | |
| Issue Price (Final) | ₹150.00 per share | ₹51.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 2000 shares |
| Fresh Issue Size | 19,43,000 shares | 18,94,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.15 Cr | up to ₹9.66 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 19,43,000 shares | 18,94,000 shares |
| Issue Size Total (Amount) | up to ₹29.15 Cr | up to ₹9.66 Cr |
Desco Infratech IPO opens on Mar 24, 2025, while Spinaroo Commercial IPO opens on Mar 28, 2025. The closing date of Desco Infratech IPO and Spinaroo Commercial IPO is Mar 26, 2025, and Apr 03, 2025, respectively.
| Desco Infratech IPO | Spinaroo Commercial IPO | |
|---|---|---|
| Anchor Bid Date | Mar 21, 2025 | |
| Issue Open | Mar 24, 2025 | Mar 28, 2025 |
| Issue Close | Mar 26, 2025 | Apr 03, 2025 |
| Basis Of Allotment (Tentative) | Mar 27, 2025 | Apr 04, 2025 |
| Initiation of Refunds (Tentative) | Mar 28, 2025 | Apr 07, 2025 |
| Credit of Share (Tentative) | Mar 28, 2025 | Apr 07, 2025 |
| Listing date (Tentative) | Apr 01, 2025 | Apr 08, 2025 |
| Anchor Lockin End date 1 | Apr 26, 2025 | |
| Anchor Lockin End date 2 | Jun 25, 2025 |
Desco Infratech IPO P/E ratio is 24.4, as compared to Spinaroo Commercial IPO P/E ratio of 18.21.
| Desco Infratech IPO | Spinaroo Commercial IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Desco Infratech Limited Financial Information (Restated)
| Spinaroo Commercial Limited Financial Information (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 79.29 | 66.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 58.12 | 47.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.4 | 18.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹115.14 Cr. | ₹35.67 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 40.61% | 23.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 75.97% | 37.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.34 | 1.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.15 | ₹2.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 28.83% | 23.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Desco Infratech IPO Retail Individual Investors (RII) are offered 6,86,000 shares while in Spinaroo Commercial IPO retail investors are offered 6,86,000 shares. Qualified Institutional Buyers (QIB) are offered 3,86,000 shares in Desco Infratech IPO and 0 shares in Spinaroo Commercial IPO.
| Desco Infratech IPO | Spinaroo Commercial IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,77,000 shares | 0 shares |
| Market Maker Reserveration | 1,07,000 shares | 1,00,000 shares |
| QIB | 3,86,000 shares | 0 shares |
| NII | 2,94,000 shares | 9,46,000 shares |
| RII | 6,86,000 shares | 9,48,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 19,43,000 shares | 18,94,000 shares |
Desco Infratech IPO subscribed 83.75x in total, whereas Spinaroo Commercial IPO subscribed 1.52x.
| Desco Infratech IPO | Spinaroo Commercial IPO | |
|---|---|---|
| QIB (times) | 28.76x | |
| NII (times) | 233.26x | 1.84x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 50.62x | 1.20x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 83.75x | 1.52x |
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