Comparison between Dhyaani Tile IPO and Le Merite Exports IPO.
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 IPO | Le Merite Exports IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Rikhav Securities 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 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 IPO | Le 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 Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 4,56,000 shares | 60,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.33 Cr | up to ₹45.48 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 4,56,000 shares | 60,64,000 shares |
| Issue Size Total (Amount) | up to ₹2.33 Cr | up to ₹45.48 Cr |
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 IPO | Le Merite Exports IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 30, 2022 | Apr 25, 2022 |
| Issue Close | Apr 04, 2022 | Apr 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, 2022 | May 09, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Dhyaani Tile IPO P/E ratio is 15.94, as compared to Le Merite Exports IPO P/E ratio of 11.09.
| Dhyaani Tile IPO | Le Merite Exports IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 96.92 | 99.99 | ||||
| Promoter Shareholding (Post-Issue) | 66.32 | |||||
| P/E Ratio | 15.94 | 11.09 | ||||
| Market Cap | ₹7.75 Cr. | ₹176.11 Cr. | ||||
| ROE | 28.99 | |||||
| ROCE | 43.03 | |||||
| Debt/Equity | 2.52 | |||||
| EPS | ₹2.59 | ₹41.31 | ||||
| RoNW | 78.99 | 28.99 |
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 IPO | Le Merite Exports IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 24,000 shares | 3,36,000 shares |
| QIB | ||
| NII | 2,28,000 shares | 30,32,000 shares |
| RII | 2,28,000 shares | 30,32,000 shares |
| Employee | ||
| Others | ||
| Total | 4,56,000 shares | 60,64,000 shares |
Dhyaani Tile IPO subscribed 2.16x in total, whereas Le Merite Exports IPO subscribed 15.69x.
| Dhyaani Tile IPO | Le Merite Exports IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.96x | 15.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.36x | 16.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.16x | 15.69x |
