Comparison between Dev Labtech Venture IPO and Nirman Agri Genetics IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Dev Labtech Venture IPO P/E ratio is 32.9, as compared to Nirman Agri Genetics IPO P/E ratio of 14.93.
Shares Offered
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 |
|---|
| Market Maker Reservation | 1,12,000 shares | 1,04,400 shares |
| NII | 10,44,000 shares | 9,73,200 shares |
| RII | 10,44,000 shares | 9,73,200 shares |
| Total | 20,88,000 shares | 19,46,400 shares |
Bids Received (Subscription)
Dev Labtech Venture IPO subscribed 5.45x in total, whereas Nirman Agri Genetics IPO subscribed 1.71x.
