Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Diensten Tech IPO vs Visaman Global Sales IPO

Comparison between Diensten Tech IPO and Visaman Global Sales IPO.

IPO Details

Diensten Tech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Visaman Global Sales IPO is a SME Fixed Price proposed to list at NSE SME.

 Diensten Tech IPOVisaman Global Sales IPO
LogoDiensten Tech IPO LogoVisaman Global Sales IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersCorporate Professionals Capital Pvt.Ltd.Shreni Shares Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerShare India Securities Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor 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 Visaman Global Sales IPO is up to ₹15.22 Cr. The final issue price of Diensten Tech IPO is ₹100.00 per share and of Visaman Global Sales IPO is ₹43.00 per share.

 Diensten Tech IPOVisaman Global Sales IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share
Issue Price (Upper)₹100.00 per share
Issue Price (Final)₹100.00 per share₹43.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares3000 shares
Fresh Issue Size20,97,600 shares35,40,000 shares
Fresh Issue Size (Amount)up to ₹20.98 Crup to ₹15.22 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,97,600 shares35,40,000 shares
Issue Size Total (Amount)up to ₹20.98 Crup to ₹15.22 Cr

IPO Timetable

Diensten Tech IPO opens on Jun 26, 2024, while Visaman Global Sales IPO opens on Jun 24, 2024. The closing date of Diensten Tech IPO and Visaman Global Sales IPO is Jun 28, 2024, and Jun 26, 2024, respectively.

 Diensten Tech IPOVisaman Global Sales IPO
Anchor Bid DateJun 25, 2024
Issue OpenJun 26, 2024Jun 24, 2024
Issue CloseJun 28, 2024Jun 26, 2024
Basis Of Allotment (Tentative)Jul 01, 2024Jun 27, 2024
Initiation of Refunds (Tentative)Jul 02, 2024Jun 28, 2024
Credit of Share (Tentative)Jul 02, 2024Jun 28, 2024
Listing date (Tentative)Jul 03, 2024Jul 01, 2024
Anchor Lockin End date 1Jul 31, 2024
Anchor Lockin End date 2Sep 29, 2024

Financials & KPIs

Diensten Tech IPO P/E ratio is 344.83, as compared to Visaman Global Sales IPO P/E ratio of 38.25.

 Diensten Tech IPOVisaman Global Sales 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

Visaman Global Sales Limited Financial Information (Restated)

Visaman Global Sales Limited's revenue increased by 16.04% and profit after tax (PAT) rose by 19.72% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets8,001.695,863.953,982.422,727.20
Total Income20,691.3937,605.0132,407.2913,636.19
Profit After Tax101.61113.3394.6633.47
Net Worth1,095.31993.70660.38565.72
Reserves and Surplus395.31293.70180.3885.72
Total Borrowing5,690.854,345.691,386.10710.34
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)95.50100.00
Promoter Shareholding (Post-Issue)69.9772.98
P/E Ratio344.8338.25
Market Cap₹59.39 Cr.
ROE-67.50%9.28%
ROCE-20.74%8.02%
Debt/Equity7.295.20
EPS₹0.29₹1.12
RoNW-67.77%9.28%

Shares Offered

In the Diensten Tech IPO Retail Individual Investors (RII) are offered 7,34,400 shares while in Visaman Global Sales IPO retail investors are offered 7,34,400 shares. Qualified Institutional Buyers (QIB) are offered 4,20,000 shares in Diensten Tech IPO and in Visaman Global Sales IPO.

 Diensten Tech IPOVisaman Global Sales IPO
Anchor Investor Reserveration6,27,600 shares
Market Maker Reserveration1,10,400 shares1,92,000 shares
QIB4,20,000 shares
NII3,15,600 shares17,70,000 shares
RII7,34,400 shares17,70,000 shares
Employee
Others
Total20,97,600 shares35,40,000 shares

Bids Received (Subscription)

Diensten Tech IPO subscribed 53.94x in total, whereas Visaman Global Sales IPO subscribed 42.20x.

 Diensten Tech IPOVisaman Global Sales IPO
QIB (times)9.60x
NII (times)154.99x28.12x
Big NII (times)
Small NII (times)
RII (times)35.87x51.54x
Employee (times)
Other (times)
Total (times)53.94x42.20x