Dhyaani Tile IPO vs Shashwat Furnishing IPO

Comparison between Dhyaani Tile IPO and Shashwat Furnishing IPO.

IPO Details

Dhyaani Tile IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shashwat Furnishing IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Dhyaani Tile IPO is up to ₹2.33 Cr whereas the issue size of the Shashwat Furnishing IPO is up to ₹2.38 Cr. The final issue price of Dhyaani Tile IPO is ₹51.00 per share and of Shashwat Furnishing IPO is ₹45.00 per share.

 Dhyaani Tile IPOShashwat Furnishing IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size4,56,000 shares5,28,000 shares
Fresh Issue Size (Amount)up to ₹2.33 Crup to ₹2.38 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total4,56,000 shares5,28,000 shares
Issue Size Total (Amount)up to ₹2.33 Crup to ₹2.38 Cr

IPO Timetable

Dhyaani Tile IPO opens on Mar 30, 2022, while Shashwat Furnishing IPO opens on Apr 20, 2022. The closing date of Dhyaani Tile IPO and Shashwat Furnishing IPO is Apr 04, 2022, and Apr 25, 2022, respectively.

Financials & KPIs

Dhyaani Tile IPO P/E ratio is 15.94, as compared to Shashwat Furnishing IPO P/E ratio of 53.6.

 Dhyaani Tile IPOShashwat Furnishing IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets18.086.3714.3110.17
Total Income10.4115.117.139.36
Profit After Tax0.240.27-0.070.10
EBITDA0.320.37-0.100.13
NET Worth0.580.340.070.14
Reserves and Surplus0.530.290.020.09
Total Borrowing0.180.000.810.45
Amount in ₹ Crore

Company Financials (Restated)

Period Ended28 Feb 202231 Mar 2021
Assets2.340.01
Total Income1.230.00
Profit After Tax0.160.00
EBITDA0.230.00
NET Worth1.780.01
Reserves and Surplus0.340.00
Total Borrowing0.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.92%100%
Promoter Shareholding (Post-Issue)66.32%73.28%
P/E Ratio15.9453.6
Market Cap₹7.75 Cr.₹9.40 Cr.
Debt/Equity2.52
EPS₹2.59₹10.00
RoNW78.990

Shares Offered

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

 Dhyaani Tile IPOShashwat Furnishing IPO
Market Maker Reservation24,000 shares30,000 shares
NII2,28,000 shares2,64,000 shares
RII2,28,000 shares2,64,000 shares
Total4,56,000 shares5,28,000 shares

Bids Received (Subscription)

Dhyaani Tile IPO subscribed 2.16x in total, whereas Shashwat Furnishing IPO subscribed 4.62x.

 Dhyaani Tile IPOShashwat Furnishing IPO
NII (times)1.96x2.43x
RII (times)2.36x6.81x
Total (times)2.16x4.62x

Compare with others

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Dhyaani Tile IPO Vs Shashwat Furnishing IPO