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Diensten Tech IPO vs Ganesh Green Bharat IPO

Comparison between Diensten Tech IPO and Ganesh Green Bharat IPO.

IPO Details

Diensten Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ganesh Green Bharat IPO is a SME Bookbuilding proposed to list at NSE SME.

 Diensten Tech IPOGanesh Green Bharat IPO
LogoDiensten Tech IPO LogoGanesh Green Bharat IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersCorporate Professionals Capital Pvt.Ltd.Hem Securities Ltd.
RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Market MakerShare India Securities Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Diensten Tech IPO is up to ₹20.98 Cr whereas the issue size of the Ganesh Green Bharat IPO is up to ₹118.94 Cr. The final issue price of Diensten Tech IPO is ₹100.00 per share and of Ganesh Green Bharat IPO is ₹190.00 per share.

 Diensten Tech IPOGanesh Green Bharat IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share₹181.00 per share
Issue Price (Upper)₹100.00 per share₹190.00 per share
Issue Price (Final)₹100.00 per share₹190.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1200 shares600 shares
Fresh Issue Size20,97,600 shares62,59,800 shares
Fresh Issue Size (Amount)up to ₹20.98 Crup to ₹118.94 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,97,600 shares62,59,800 shares
Issue Size Total (Amount)up to ₹20.98 Crup to ₹118.94 Cr

IPO Timetable

Diensten Tech IPO opens on Jun 26, 2024, while Ganesh Green Bharat IPO opens on Jul 05, 2024. The closing date of Diensten Tech IPO and Ganesh Green Bharat IPO is Jun 28, 2024, and Jul 09, 2024, respectively.

 Diensten Tech IPOGanesh Green Bharat IPO
Anchor Bid DateJun 25, 2024Jul 04, 2024
Issue OpenJun 26, 2024Jul 05, 2024
Issue CloseJun 28, 2024Jul 09, 2024
Basis Of Allotment (Tentative)Jul 01, 2024Jul 10, 2024
Initiation of Refunds (Tentative)Jul 02, 2024Jul 11, 2024
Credit of Share (Tentative)Jul 02, 2024Jul 11, 2024
Listing date (Tentative)Jul 03, 2024Jul 12, 2024
Anchor Lockin End date 1Jul 31, 2024Aug 09, 2024
Anchor Lockin End date 2Sep 29, 2024Oct 08, 2024

Financials & KPIs

Diensten Tech IPO P/E ratio is 344.83, as compared to Ganesh Green Bharat IPO P/E ratio of 15.85.

 Diensten Tech IPOGanesh Green Bharat IPO
Financials

Diensten Tech Limited Financial Information (Restated)

Diensten Tech Limited's revenue increased by 4813.51% and profit after tax (PAT) rose by 1007.59% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,019.891,504.81203.66370.24
Total Income2,620.923,760.3176.53525.06
Profit After Tax-171.7016.061.45117.07
Net Worth253.34425.05139.99-111.72
Reserves and Surplus-351.92-180.21-196.27-197.72
Total Borrowing1,847.67280.00344.12
Amount in ₹ Lakhs

Ganesh Green Bharat Limited Financial Information (Restated Consolidated)

Ganesh Green Bharat Limited's revenue increased by 89.82% and profit after tax (PAT) rose by 167.67% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets15,029.828,786.058,835.50
Total Income17,196.489,059.5310,612.10
Profit After Tax2,183.02815.57520.75
Net Worth5,727.642,707.342,707.34
Reserves and Surplus3,906.643,402.912,587.34
Total Borrowing5,370.172,738.892,247.06
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)95.50100
Promoter Shareholding (Post-Issue)69.9773.42
P/E Ratio344.8315.85
Market Cap₹509.22 Cr.
ROE-67.50%46.42%
ROCE-20.74%29.98%
Debt/Equity7.290.94
EPS₹0.29₹11.99
RoNW-67.77%34.72%

Shares Offered

In the Diensten Tech IPO Retail Individual Investors (RII) are offered 7,34,400 shares while in Ganesh Green Bharat IPO retail investors are offered 7,34,400 shares. Qualified Institutional Buyers (QIB) are offered 4,20,000 shares in Diensten Tech IPO and 12,38,400 shares in Ganesh Green Bharat IPO.

 Diensten Tech IPOGanesh Green Bharat IPO
Anchor Investor Reserveration6,27,600 shares18,57,600 shares
Market Maker Reserveration1,10,400 shares3,31,200 shares
QIB4,20,000 shares12,38,400 shares
NII3,15,600 shares9,29,400 shares
RII7,34,400 shares21,68,400 shares
Employee66,000 shares
Others
Total20,97,600 shares62,59,800 shares

Bids Received (Subscription)

Diensten Tech IPO subscribed 53.94x in total, whereas Ganesh Green Bharat IPO subscribed 229.92x.

 Diensten Tech IPOGanesh Green Bharat IPO
QIB (times)9.60x154.50x
NII (times)154.99x470.44x
Big NII (times)
Small NII (times)
RII (times)35.87x176.88x
Employee (times)
Other (times)
Total (times)53.94x229.92x