Dipna Pharmachem IPO vs Rhetan TMT IPO

Comparison between Dipna Pharmachem IPO and Rhetan TMT IPO.

IPO Details

Dipna Pharmachem IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rhetan TMT IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Dipna Pharmachem IPO is up to ₹14.43 Cr whereas the issue size of the Rhetan TMT IPO is up to ₹53.09 Cr. The final issue price of Dipna Pharmachem IPO is ₹38.00 per share and of Rhetan TMT IPO is ₹70.00 per share.

 Dipna Pharmachem IPORhetan TMT IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹38.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size37,98,000 shares75,84,000 shares
Fresh Issue Size (Amount)up to ₹14.43 Crup to ₹53.09 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,98,000 shares75,84,000 shares
Issue Size Total (Amount)up to ₹14.43 Crup to ₹53.09 Cr

IPO Timetable

Dipna Pharmachem IPO opens on Aug 25, 2022, while Rhetan TMT IPO opens on Aug 22, 2022. The closing date of Dipna Pharmachem IPO and Rhetan TMT IPO is Aug 30, 2022, and Aug 25, 2022, respectively.

Financials & KPIs

Dipna Pharmachem IPO P/E ratio is 39, as compared to Rhetan TMT IPO P/E ratio of 63.64.

 Dipna Pharmachem IPORhetan TMT IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets36.2324.7918.44
Total Income72.7731.0230.55
Profit After Tax1.170.020.06
NET Worth1.740.570.55
Reserves and Surplus1.700.540.51
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets59.0039.8130.47
Total Income67.0352.1320.08
Profit After Tax2.350.13-0.58
NET Worth23.137.840.30
Reserves and Surplus10.46-2.98-3.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10099.62
Promoter Shareholding (Post-Issue)66.5662.12
P/E Ratio3963.64
Market Cap₹45.49 Cr.₹148.75 Cr.
ROE15
ROCE8
Debt/Equity1.15
EPS₹333.40₹2.00
RoNW67.1210.14

Shares Offered

In the Dipna Pharmachem IPO Retail Individual Investors (RII) are offered 18,99,000 shares while in Rhetan TMT IPO retail investors are offered 18,99,000 shares. Qualified Institutional Buyers (QIB) are offered in Dipna Pharmachem IPO and in Rhetan TMT IPO.

 Dipna Pharmachem IPORhetan TMT IPO
Anchor Investor Reservation
Market Maker Reservation2,04,000 shares4,16,000 shares
QIB
NII18,99,000 shares37,92,000 shares
RII18,99,000 shares37,92,000 shares
Employee
Others
Total37,98,000 shares75,84,000 shares

Bids Received (Subscription)

Dipna Pharmachem IPO subscribed 2.77x in total, whereas Rhetan TMT IPO subscribed 1.47x.

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Dipna Pharmachem IPO Vs Rhetan TMT IPO