DRS Dilip Roadlines IPO vs Diksha Greens IPO

Comparison between DRS Dilip Roadlines IPO and Diksha Greens IPO.

IPO Details

DRS Dilip Roadlines IPO is a SME Fixed Price IPO proposed to list at NSE SME while Diksha Greens IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of DRS Dilip Roadlines IPO is up to ₹29.81 Cr whereas the issue size of the Diksha Greens IPO is up to ₹12.65 Cr. The final issue price of DRS Dilip Roadlines IPO is ₹75.00 per share and of Diksha Greens IPO is ₹30.00 per share.

 DRS Dilip Roadlines IPODiksha Greens IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹75.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares4000 shares
Fresh Issue Size39,74,400 shares42,16,000 shares
Fresh Issue Size (Amount)up to ₹29.81 Crup to ₹12.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,74,400 shares42,16,000 shares
Issue Size Total (Amount)up to ₹29.81 Crup to ₹12.65 Cr

IPO Timetable

DRS Dilip Roadlines IPO opens on Nov 27, 2018, while Diksha Greens IPO opens on Nov 26, 2018. The closing date of DRS Dilip Roadlines IPO and Diksha Greens IPO is Nov 30, 2018, and Nov 28, 2018, respectively.

 DRS Dilip Roadlines IPODiksha Greens IPO
Issue OpenNov 27, 2018Nov 26, 2018
Issue CloseNov 30, 2018Nov 28, 2018
Basis Of Allotment (Tentative)Dec 05, 2018
Listing date (Tentative)Dec 10, 2018Dec 05, 2018

Financials & KPIs

DRS Dilip Roadlines IPO P/E ratio is , as compared to Diksha Greens IPO P/E ratio of .

 DRS Dilip Roadlines IPODiksha Greens IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets83.6482.9978.1552.99
Total Income42.14142.62141.91153.08
Profit After Tax1.393.451.080.50
NET Worth10.188.8014.064.96
Reserves and Surplus3.181.797.051.96
Total Borrowing40.2841.6929.9223.17
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets30.9524.6532.3118.50
Total Income12.5641.8354.4754.23
Profit After Tax0.410.550.640.46
NET Worth11.8111.39
Reserves and Surplus6.3810.9010.359.71
Total Borrowing18.8210.937.113.88
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.11%55%
Market Cap₹112.97 Cr.₹29.60 Cr.

Shares Offered

In the DRS Dilip Roadlines IPO Retail Individual Investors (RII) are offered 19,87,200 shares while in Diksha Greens IPO retail investors are offered 19,87,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in DRS Dilip Roadlines IPO and 0 shares in Diksha Greens IPO.

 DRS Dilip Roadlines IPODiksha Greens IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,25,600 shares2,24,000 shares
QIB0 shares0 shares
NII19,87,200 shares21,08,000 shares
RII19,87,200 shares21,08,000 shares
Employee0 shares0 shares
Total39,74,400 shares42,16,000 shares

Bids Received (Subscription)

DRS Dilip Roadlines IPO subscribed 1.14x in total, whereas Diksha Greens IPO subscribed 1.03x.

 DRS Dilip Roadlines IPODiksha Greens IPO
NII (times)2.03x1.99x
RII (times)0.26x0.07x
Total (times)1.14x1.03x

Compare with others

Compare:

DRS Dilip Roadlines IPO Vs Diksha Greens IPO