Comparison between DHARNI Capital IPO and Rex Sealing IPO.
DHARNI Capital IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rex Sealing IPO is a SME Fixed Price proposed to list at BSE SME.
| DHARNI Capital IPO | Rex Sealing IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Srujan Alpha Capital Advisors LLP | Aryaman Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Aryaman Capital Markets 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 DHARNI Capital IPO is up to ₹10.20 Cr whereas the issue size of the Rex Sealing IPO is up to ₹7.64 Cr. The final issue price of DHARNI Capital IPO is ₹20.00 per share and of Rex Sealing IPO is ₹135.00 per share.
| DHARNI Capital IPO | Rex Sealing IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1000 shares |
| Fresh Issue Size | 51,00,000 shares | 2,67,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.20 Cr | up to ₹3.60 Cr |
| OFS Issue Size | 0 shares | 2,99,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.04 Cr |
| Issue Size Total | 51,00,000 shares | 5,66,000 shares |
| Issue Size Total (Amount) | up to ₹10.20 Cr | up to ₹7.64 Cr |
DHARNI Capital IPO opens on Jan 18, 2023, while Rex Sealing IPO opens on Dec 30, 2022. The closing date of DHARNI Capital IPO and Rex Sealing IPO is Jan 20, 2023, and Jan 04, 2023, respectively.
| DHARNI Capital IPO | Rex Sealing IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 18, 2023 | Dec 30, 2022 |
| Issue Close | Jan 20, 2023 | Jan 04, 2023 |
| Basis Of Allotment (Tentative) | Jan 25, 2023 | Jan 09, 2023 |
| Initiation of Refunds (Tentative) | Jan 27, 2023 | Jan 10, 2023 |
| Credit of Share (Tentative) | Jan 30, 2023 | Jan 11, 2023 |
| Listing date (Tentative) | Jan 31, 2023 | Jan 12, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
DHARNI Capital IPO P/E ratio is 34.48, as compared to Rex Sealing IPO P/E ratio of 19.62.
| DHARNI Capital IPO | Rex Sealing IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.64 | 73.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 34.48 | 19.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹40.74 Cr. | ₹29.97 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 48.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 6.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.46 | ₹2.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.6 | 6.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the DHARNI Capital IPO Retail Individual Investors (RII) are offered 25,50,000 shares while in Rex Sealing IPO retail investors are offered 25,50,000 shares. Qualified Institutional Buyers (QIB) are offered in DHARNI Capital IPO and in Rex Sealing IPO.
| DHARNI Capital IPO | Rex Sealing IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,70,000 shares | 33,000 shares |
| QIB | ||
| NII | 25,50,000 shares | 2,83,000 shares |
| RII | 25,50,000 shares | 2,83,000 shares |
| Employee | ||
| Others | ||
| Total | 51,00,000 shares | 5,66,000 shares |
DHARNI Capital IPO subscribed 6.57x in total, whereas Rex Sealing IPO subscribed 2.65x.
| DHARNI Capital IPO | Rex Sealing IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 6.32x | 2.00x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.83x | 3.30x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.57x | 2.65x |
