Dhruv Wellness IPO vs Sagar Diamonds IPO

Comparison between Dhruv Wellness IPO and Sagar Diamonds IPO.

IPO Details

Dhruv Wellness IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sagar Diamonds IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Dhruv Wellness IPO is up to ₹5.28 Cr whereas the issue size of the Sagar Diamonds IPO is up to ₹14.45 Cr. The final issue price of Dhruv Wellness IPO is ₹20.00 per share and of Sagar Diamonds IPO is ₹45.00 per share.

 Dhruv Wellness IPOSagar Diamonds IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹40.00 per share
Issue Price (Upper)₹45.00 per share
Issue Price (Final)₹20.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares3000 shares
Fresh Issue Size26,40,000 shares32,10,000 shares
Fresh Issue Size (Amount)up to ₹5.28 Crup to ₹14.45 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,40,000 shares32,10,000 shares
Issue Size Total (Amount)up to ₹5.28 Crup to ₹14.45 Cr

IPO Timetable

Dhruv Wellness IPO opens on Aug 31, 2017, while Sagar Diamonds IPO opens on Sep 14, 2017. The closing date of Dhruv Wellness IPO and Sagar Diamonds IPO is Sep 04, 2017, and Sep 18, 2017, respectively.

 Dhruv Wellness IPOSagar Diamonds IPO
Issue OpenAug 31, 2017Sep 14, 2017
Issue CloseSep 04, 2017Sep 18, 2017
Basis Of Allotment (Tentative)Sep 07, 2017Sep 21, 2017
Listing date (Tentative)Sep 12, 2017Sep 26, 2017

Financials & KPIs

Dhruv Wellness IPO P/E ratio is , as compared to Sagar Diamonds IPO P/E ratio of 120.05.

 Dhruv Wellness IPOSagar Diamonds IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 2016
Assets29.3726.61
Total Income101.9422.72
Profit After Tax0.400.20
NET Worth6.065.66
Reserves and Surplus5.065.66
Total Borrowing10.049.41
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended20 Jun 201731 Mar 201731 Mar 2016
Assets41.4610.190.01
Total Income10.4510.00
Profit After Tax0.300.35-0.00
NET Worth21.580.360.01
Reserves and Surplus12.320.35-0.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100.00%
Promoter Shareholding (Post-Issue)73.58%73.26%
P/E Ratio120.05
Market Cap₹21.08 Cr.₹56.90 Cr.
ROE97.80
EPS₹0.37
RoNW97.80

Shares Offered

In the Dhruv Wellness IPO Retail Individual Investors (RII) are offered 13,20,000 shares while in Sagar Diamonds IPO retail investors are offered 13,20,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Dhruv Wellness IPO and in Sagar Diamonds IPO.

 Dhruv Wellness IPOSagar Diamonds IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,44,000 shares1,71,000 shares
QIB0 shares
NII13,20,000 shares16,05,000 shares
RII13,20,000 shares16,05,000 shares
Employee0 shares
Total26,40,000 shares32,10,000 shares

Bids Received (Subscription)

Dhruv Wellness IPO subscribed 2.50x in total, whereas Sagar Diamonds IPO subscribed 10.03x.

 Dhruv Wellness IPOSagar Diamonds IPO
NII (times)3.93x7.54x
RII (times)1.07x12.59x
Total (times)2.50x10.03x

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