Comparison between DHARNI Capital IPO and Rex Sealing IPO.
IPO Details
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.
Issue Size and Price
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 (Final) | ₹20.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| 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 |
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
DHARNI Capital IPO P/E ratio is 34.48, as compared to Rex Sealing IPO P/E ratio of 19.62.
Shares Offered
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 0 shares in Rex Sealing IPO.
| | DHARNI Capital IPO | Rex Sealing IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 2,70,000 shares | 33,000 shares |
| QIB | | 0 shares |
| NII | 25,50,000 shares | 2,83,000 shares |
| RII | 25,50,000 shares | 2,83,000 shares |
| Employee | | 0 shares |
| Total | 51,00,000 shares | 5,66,000 shares |
Bids Received (Subscription)
DHARNI Capital IPO subscribed 6.57x in total, whereas Rex Sealing IPO subscribed 2.65x.