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Dhyaani Tile IPO vs Le Merite Exports IPO

Comparison between Dhyaani Tile IPO and Le Merite Exports IPO.

IPO Details

Dhyaani Tile IPO is a SME Fixed Price IPO proposed to list at BSE SME while Le Merite Exports IPO is a SME Fixed Price proposed to list at NSE SME.

 Dhyaani Tile IPOLe Merite Exports IPO
LogoDhyaani Tile IPO LogoLe Merite Exports IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Fedex Securities Pvt.Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Dhyaani Tile IPO is up to ₹2.33 Cr whereas the issue size of the Le Merite Exports IPO is up to ₹45.48 Cr. The final issue price of Dhyaani Tile IPO is ₹51.00 per share and of Le Merite Exports IPO is ₹75.00 per share.

 Dhyaani Tile IPOLe Merite Exports IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size4,56,000 shares60,64,000 shares
Fresh Issue Size (Amount)up to ₹2.33 Crup to ₹45.48 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total4,56,000 shares60,64,000 shares
Issue Size Total (Amount)up to ₹2.33 Crup to ₹45.48 Cr

IPO Timetable

Dhyaani Tile IPO opens on Mar 30, 2022, while Le Merite Exports IPO opens on Apr 25, 2022. The closing date of Dhyaani Tile IPO and Le Merite Exports IPO is Apr 04, 2022, and Apr 28, 2022, respectively.

 Dhyaani Tile IPOLe Merite Exports IPO
Anchor Bid Date
Issue OpenMar 30, 2022Apr 25, 2022
Issue CloseApr 04, 2022Apr 28, 2022
Basis Of Allotment (Tentative)Apr 07, 2022
Initiation of Refunds (Tentative)Apr 08, 2022
Credit of Share (Tentative)Apr 11, 2022
Listing date (Tentative)Apr 12, 2022May 09, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Dhyaani Tile IPO P/E ratio is 15.94, as compared to Le Merite Exports IPO P/E ratio of 11.09.

 Dhyaani Tile IPOLe Merite Exports IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lakhs)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,808.19 636.77 1,431.23 1,017.30
Total Revenue 1,041.30 1,511.33 712.77 935.64
Profit After Tax 24.30 26.96 (7.25) 9.76
Summary of financial Information
Particulars For the year/period ended (Rs in Lakhs)
31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 17,706.95 9,202.17 5,626.08 5,660.48
Total Revenue 37,087.03 26,913.44 21,728.00 18,093.32
Profit After Tax 1,586.91 705.65 314.62 112.83
Promoter Shareholding (Pre-Issue)96.9299.99
Promoter Shareholding (Post-Issue)66.32
P/E Ratio15.9411.09
Market Cap₹7.75 Cr.₹176.11 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Dhyaani Tile IPO Retail Individual Investors (RII) are offered 2,28,000 shares while in Le Merite Exports IPO retail investors are offered 2,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Dhyaani Tile IPO and in Le Merite Exports IPO.

 Dhyaani Tile IPOLe Merite Exports IPO
Anchor Investor Reserveration
Market Maker Reserveration24,000 shares3,36,000 shares
QIB
NII2,28,000 shares30,32,000 shares
RII2,28,000 shares30,32,000 shares
Employee
Others
Total4,56,000 shares60,64,000 shares

Bids Received (Subscription)

Dhyaani Tile IPO subscribed 2.16x in total, whereas Le Merite Exports IPO subscribed 15.69x.

 Dhyaani Tile IPOLe Merite Exports IPO
QIB (times)
NII (times)1.96x15.27x
Big NII (times)
Small NII (times)
RII (times)2.36x16.10x
Employee (times)
Other (times)
Total (times)2.16x15.69x