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Dev Labtech Venture IPO vs Prospect Commodities IPO

Comparison between Dev Labtech Venture IPO and Prospect Commodities IPO.

IPO Details

Dev Labtech Venture IPO is a SME Fixed Price IPO proposed to list at BSE SME while Prospect Commodities IPO is a SME Fixed Price proposed to list at BSE SME.

 Dev Labtech Venture IPOProspect Commodities IPO
LogoDev Labtech Venture IPO LogoProspect Commodities IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Prospect Commodities IPO is up to ₹7.10 Cr. The final issue price of Dev Labtech Venture IPO is ₹51.00 per share and of Prospect Commodities IPO is ₹61.00 per share.

 Dev Labtech Venture IPOProspect Commodities IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹61.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size20,88,000 shares11,64,000 shares
Fresh Issue Size (Amount)up to ₹10.65 Crup to ₹7.10 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,88,000 shares11,64,000 shares
Issue Size Total (Amount)up to ₹10.65 Crup to ₹7.10 Cr

IPO Timetable

Dev Labtech Venture IPO opens on Mar 17, 2023, while Prospect Commodities IPO opens on Mar 08, 2023. The closing date of Dev Labtech Venture IPO and Prospect Commodities IPO is Mar 21, 2023, and Mar 13, 2023, respectively.

 Dev Labtech Venture IPOProspect Commodities IPO
Anchor Bid Date
Issue OpenMar 17, 2023Mar 08, 2023
Issue CloseMar 21, 2023Mar 13, 2023
Basis Of Allotment (Tentative)Mar 24, 2023Mar 16, 2023
Initiation of Refunds (Tentative)Mar 27, 2023Mar 17, 2023
Credit of Share (Tentative)Mar 28, 2023Mar 20, 2023
Listing date (Tentative)Mar 29, 2023Mar 20, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Dev Labtech Venture IPO P/E ratio is 32.9, as compared to Prospect Commodities IPO P/E ratio of 31.44.

 Dev Labtech Venture IPOProspect Commodities IPO
Financials
Dev Labtech Venture Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20711.231,178.850.04144.80123.84154.05
31-Mar-21713.731,228.113.65148.45127.50177.53
31-Mar-22888.242,698.0143.62192.0766.35122.58
30-Sep-221,166.65966.4364.12717.86232.17114.52
Amount in ₹ Lakhs
Prospect Commodities Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-221.050.00-0.150.85-0.150.05
30-Nov-22977.07839.9852.85293.7052.70363.57
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)92.6688.44
Promoter Shareholding (Post-Issue)68.0161.94
P/E Ratio32.931.44
Market Cap₹42.18 Cr.₹24.95 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Dev Labtech Venture IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in Prospect Commodities IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in Dev Labtech Venture IPO and in Prospect Commodities IPO.

 Dev Labtech Venture IPOProspect Commodities IPO
Anchor Investor Reserveration
Market Maker Reserveration1,12,000 shares62,000 shares
QIB
NII10,44,000 shares5,82,000 shares
RII10,44,000 shares5,82,000 shares
Employee
Others
Total20,88,000 shares11,64,000 shares

Bids Received (Subscription)

Dev Labtech Venture IPO subscribed 5.47x in total, whereas Prospect Commodities IPO subscribed 5.31x.

 Dev Labtech Venture IPOProspect Commodities IPO
QIB (times)
NII (times)2.65x6.85x
Big NII (times)
Small NII (times)
RII (times)8.24x3.76x
Employee (times)
Other (times)
Total (times)5.47x5.31x