Comparison between DHARNI Capital IPO and Shera Energy IPO.
IPO Details
DHARNI Capital IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shera Energy IPO is a SME Bookbuilding proposed to list at NSE 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 Shera Energy IPO is up to ₹32.92 Cr. The final issue price of DHARNI Capital IPO is ₹20.00 per share and of Shera Energy IPO is ₹57.00 per share.
| | DHARNI Capital IPO | Shera Energy IPO |
|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | | ₹55.00 per share |
| Issue Price (Upper) | | ₹57.00 per share |
| Issue Price (Final) | ₹20.00 per share | ₹57.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | ₹0.00 per share |
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 51,00,000 shares | 6,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.20 Cr | up to ₹3.69 Cr |
| OFS Issue Size | 0 shares | 51,28,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹29.23 Cr |
| Issue Size Total | 51,00,000 shares | 57,76,000 shares |
| Issue Size Total (Amount) | up to ₹10.20 Cr | up to ₹32.92 Cr |
IPO Timetable
DHARNI Capital IPO opens on Jan 18, 2023, while Shera Energy IPO opens on Feb 07, 2023. The closing date of DHARNI Capital IPO and Shera Energy IPO is Jan 20, 2023, and Feb 09, 2023, respectively.
| | DHARNI Capital IPO | Shera Energy IPO |
|---|
| Anchor Bid Date | | Feb 06, 2023 |
| Issue Open | Jan 18, 2023 | Feb 07, 2023 |
| Issue Close | Jan 20, 2023 | Feb 09, 2023 |
| Basis Of Allotment (Tentative) | Jan 25, 2023 | Feb 14, 2023 |
| Initiation of Refunds (Tentative) | Jan 27, 2023 | Feb 15, 2023 |
| Credit of Share (Tentative) | Jan 30, 2023 | Feb 16, 2023 |
| Listing date (Tentative) | Jan 31, 2023 | Feb 17, 2023 |
| Anchor Lockin End date 1 | | Mar 16, 2023 |
| Anchor Lockin End date 2 | | May 15, 2023 |
Financials & KPIs
DHARNI Capital IPO P/E ratio is 34.48, as compared to Shera Energy IPO P/E ratio of 15.16.
Shares Offered
In the DHARNI Capital IPO Retail Individual Investors (RII) are offered 25,50,000 shares while in Shera Energy IPO retail investors are offered 25,50,000 shares. Qualified Institutional Buyers (QIB) are offered in DHARNI Capital IPO and 10,06,000 shares in Shera Energy IPO.
| | DHARNI Capital IPO | Shera Energy IPO |
|---|
| Anchor Investor Reservation | | 15,00,000 shares |
| Market Maker Reservation | 2,70,000 shares | 4,00,000 shares |
| QIB | | 10,06,000 shares |
| NII | 25,50,000 shares | 8,20,000 shares |
| RII | 25,50,000 shares | 18,50,000 shares |
| Employee | | 6,00,000 shares |
| Others | | |
| Total | 51,00,000 shares | 57,76,000 shares |
Bids Received (Subscription)
DHARNI Capital IPO subscribed 6.57x in total, whereas Shera Energy IPO subscribed 47.36x.
