Comparison between Dev Labtech Venture IPO and Prospect Commodities IPO.
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 IPO | Prospect Commodities IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| 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 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 IPO | Prospect Commodities IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹51.00 per share | ₹61.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 20,88,000 shares | 11,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.65 Cr | up to ₹7.10 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 | 11,64,000 shares |
| Issue Size Total (Amount) | up to ₹10.65 Cr | up to ₹7.10 Cr |
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 IPO | Prospect Commodities IPO | |
|---|---|---|
| Issue Open | Mar 17, 2023 | Mar 08, 2023 |
| Issue Close | Mar 21, 2023 | Mar 13, 2023 |
| Basis Of Allotment (Tentative) | Mar 24, 2023 | Mar 16, 2023 |
| Initiation of Refunds (Tentative) | Mar 27, 2023 | Mar 17, 2023 |
| Credit of Share (Tentative) | Mar 28, 2023 | Mar 20, 2023 |
| Listing date (Tentative) | Mar 29, 2023 | Mar 20, 2023 |
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 IPO | Prospect Commodities IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.66% | 88.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.01% | 61.94% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 32.9 | 31.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹42.18 Cr. | ₹24.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.68 | -17.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.22 | -17.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Prospect Commodities IPO | |
|---|---|---|
| Market Maker Reservation | 1,12,000 shares | 62,000 shares |
| NII | 10,44,000 shares | 5,82,000 shares |
| RII | 10,44,000 shares | 5,82,000 shares |
| Total | 20,88,000 shares | 11,64,000 shares |
Dev Labtech Venture IPO subscribed 5.45x in total, whereas Prospect Commodities IPO subscribed 5.31x.
| Dev Labtech Venture IPO | Prospect Commodities IPO | |
|---|---|---|
| NII (times) | 2.65x | 6.85x |
| RII (times) | 8.24x | 3.76x |
| Total (times) | 5.45x | 5.31x |
