Comparison between Dev Labtech Venture IPO and Nirman Agri Genetics IPO.
Dev Labtech Venture IPO is a SME Fixed Price IPO proposed to list at BSE SME while Nirman Agri Genetics IPO is a SME Fixed Price proposed to list at NSE SME.
| Dev Labtech Venture IPO | Nirman Agri Genetics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Dev Labtech Venture IPO is up to ₹10.65 Cr whereas the issue size of the Nirman Agri Genetics IPO is up to ₹19.27 Cr. The final issue price of Dev Labtech Venture IPO is ₹51.00 per share and of Nirman Agri Genetics IPO is ₹99.00 per share.
| Dev Labtech Venture IPO | Nirman Agri Genetics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹51.00 per share | ₹99.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 20,88,000 shares | 19,46,400 shares |
| Fresh Issue Size (Amount) | up to ₹10.65 Cr | up to ₹19.27 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 | 20,88,000 shares | 19,46,400 shares |
| Issue Size Total (Amount) | up to ₹10.65 Cr | up to ₹19.27 Cr |
Dev Labtech Venture IPO opens on Mar 17, 2023, while Nirman Agri Genetics IPO opens on Mar 15, 2023. The closing date of Dev Labtech Venture IPO and Nirman Agri Genetics IPO is Mar 21, 2023, and Mar 20, 2023, respectively.
| Dev Labtech Venture IPO | Nirman Agri Genetics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 17, 2023 | Mar 15, 2023 |
| Issue Close | Mar 21, 2023 | Mar 20, 2023 |
| Basis Of Allotment (Tentative) | Mar 24, 2023 | Mar 23, 2023 |
| Initiation of Refunds (Tentative) | Mar 27, 2023 | Mar 24, 2023 |
| Credit of Share (Tentative) | Mar 28, 2023 | Mar 27, 2023 |
| Listing date (Tentative) | Mar 29, 2023 | Mar 28, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Dev Labtech Venture IPO P/E ratio is 32.9, as compared to Nirman Agri Genetics IPO P/E ratio of 14.93.
| Dev Labtech Venture IPO | Nirman Agri Genetics IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.66 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.01 | 65.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 32.9 | 14.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹42.18 Cr. | ₹59.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.68 | 96.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.22 | 65.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.64 | 0.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.84 | ₹10.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.71 | 96.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Dev Labtech Venture IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in Nirman Agri Genetics IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in Dev Labtech Venture IPO and in Nirman Agri Genetics IPO.
| Dev Labtech Venture IPO | Nirman Agri Genetics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,12,000 shares | 1,04,400 shares |
| QIB | ||
| NII | 10,44,000 shares | 9,73,200 shares |
| RII | 10,44,000 shares | 9,73,200 shares |
| Employee | ||
| Others | ||
| Total | 20,88,000 shares | 19,46,400 shares |
Dev Labtech Venture IPO subscribed 5.47x in total, whereas Nirman Agri Genetics IPO subscribed 1.71x.
| Dev Labtech Venture IPO | Nirman Agri Genetics IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.65x | 1.22x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.24x | 2.20x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.47x | 1.71x |
