Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Dhariwalcorp IPO vs Positron Energy IPO

Comparison between Dhariwalcorp IPO and Positron Energy IPO.

IPO Details

Dhariwalcorp IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Positron Energy IPO is a SME Bookbuilding proposed to list at NSE SME.

 Dhariwalcorp IPOPositron Energy IPO
LogoDhariwalcorp IPO LogoPositron Energy IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerShreni Shares Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Dhariwalcorp IPO is up to ₹23.84 Cr whereas the issue size of the Positron Energy IPO is up to ₹48.65 Cr. The final issue price of Dhariwalcorp IPO is ₹106.00 per share and of Positron Energy IPO is ₹250.00 per share.

 Dhariwalcorp IPOPositron Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹102.00 per share₹238.00 per share
Issue Price (Upper)₹106.00 per share₹250.00 per share
Issue Price (Final)₹106.00 per share₹250.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares600 shares
Fresh Issue Size22,48,800 shares19,45,800 shares
Fresh Issue Size (Amount)up to ₹23.84 Crup to ₹48.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,48,800 shares19,45,800 shares
Issue Size Total (Amount)up to ₹23.84 Crup to ₹48.65 Cr

IPO Timetable

Dhariwalcorp IPO opens on Aug 01, 2024, while Positron Energy IPO opens on Aug 12, 2024. The closing date of Dhariwalcorp IPO and Positron Energy IPO is Aug 05, 2024, and Aug 14, 2024, respectively.

 Dhariwalcorp IPOPositron Energy IPO
Anchor Bid DateJul 31, 2024Aug 09, 2024
Issue OpenAug 01, 2024Aug 12, 2024
Issue CloseAug 05, 2024Aug 14, 2024
Basis Of Allotment (Tentative)Aug 06, 2024Aug 16, 2024
Initiation of Refunds (Tentative)Aug 07, 2024Aug 19, 2024
Credit of Share (Tentative)Aug 07, 2024Aug 19, 2024
Listing date (Tentative)Aug 08, 2024Aug 20, 2024
Anchor Lockin End date 1Sep 05, 2024Sep 15, 2024
Anchor Lockin End date 2Nov 04, 2024Nov 14, 2024

Financials & KPIs

Dhariwalcorp IPO P/E ratio is 15.48, as compared to Positron Energy IPO P/E ratio of 15.79.

 Dhariwalcorp IPOPositron Energy IPO
Financials

Dhariwalcorp Limited Financial Information (Restated)

Dhariwalcorp Limited's revenue increased by 18.4% and profit after tax (PAT) rose by 653.06% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,131.301,961.061,351.04
Total Income23,111.3519,519.4315,920.11
Profit After Tax450.6359.84142.41
Net Worth875.00251.42191.58
Reserves and Surplus217.10241.42181.58
Total Borrowing878.76618.13571.43
Amount in ₹ Lakhs

Positron Energy Limited Financial Information (Restated Consolidated)

Positron Energy Limited's revenue increased by 160.29% and profit after tax (PAT) rose by 312.96% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,789.022,476.25938.90
Total Income13,541.765,202.61896.85
Profit After Tax878.78212.8057.98
Net Worth1,489.26566.87354.45
Reserves and Surplus934.06532.17319.75
Total Borrowing1,027.90741.81368.33
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9998.56
Promoter Shareholding (Post-Issue)73.5072.00
P/E Ratio15.4815.79
Market Cap₹94.88 Cr.₹190.01 Cr.
ROE51.50%0.85%
ROCE59.80%0.62%
Debt/Equity1.000.69
EPS₹6.85₹15.83
RoNW51.50%59.01%

Shares Offered

In the Dhariwalcorp IPO Retail Individual Investors (RII) are offered 7,98,000 shares while in Positron Energy IPO retail investors are offered 7,98,000 shares. Qualified Institutional Buyers (QIB) are offered 4,42,800 shares in Dhariwalcorp IPO and 3,88,800 shares in Positron Energy IPO.

 Dhariwalcorp IPOPositron Energy IPO
Anchor Investor Reserveration6,60,000 shares5,83,200 shares
Market Maker Reserveration1,23,600 shares1,02,600 shares
QIB4,42,800 shares3,88,800 shares
NII3,48,000 shares2,92,200 shares
RII7,98,000 shares6,81,600 shares
Employee
Others
Total22,48,800 shares19,45,800 shares

Bids Received (Subscription)

Dhariwalcorp IPO subscribed 174.95x in total, whereas Positron Energy IPO subscribed 414.86x.

 Dhariwalcorp IPOPositron Energy IPO
QIB (times)76.93x231.41x
NII (times)279.17x805.84x
Big NII (times)
Small NII (times)
RII (times)183.89x351.90x
Employee (times)
Other (times)
Total (times)174.95x414.86x