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Divine Power Energy IPO vs Dindigul Farm Product IPO

Comparison between Divine Power Energy IPO and Dindigul Farm Product IPO.

IPO Details

Divine Power Energy IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Dindigul Farm Product IPO is a SME Bookbuilding proposed to list at BSE SME.

 Divine Power Energy IPODindigul Farm Product IPO
LogoDivine Power Energy IPO LogoDindigul Farm Product IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersKhambatta Securities Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Spread X Securities 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 Divine Power Energy IPO is up to ₹21.60 Cr whereas the issue size of the Dindigul Farm Product IPO is up to ₹33.07 Cr. The final issue price of Divine Power Energy IPO is ₹40.00 per share and of Dindigul Farm Product IPO is ₹54.00 per share.

 Divine Power Energy IPODindigul Farm Product IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share₹51.00 per share
Issue Price (Upper)₹40.00 per share₹54.00 per share
Issue Price (Final)₹40.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size54,00,000 shares61,24,000 shares
Fresh Issue Size (Amount)up to ₹21.60 Crup to ₹33.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total54,00,000 shares61,24,000 shares
Issue Size Total (Amount)up to ₹21.60 Crup to ₹33.07 Cr

IPO Timetable

Divine Power Energy IPO opens on Jun 25, 2024, while Dindigul Farm Product IPO opens on Jun 20, 2024. The closing date of Divine Power Energy IPO and Dindigul Farm Product IPO is Jun 27, 2024, and Jun 24, 2024, respectively.

 Divine Power Energy IPODindigul Farm Product IPO
Anchor Bid DateJun 24, 2024Jun 19, 2024
Issue OpenJun 25, 2024Jun 20, 2024
Issue CloseJun 27, 2024Jun 24, 2024
Basis Of Allotment (Tentative)Jun 28, 2024Jun 25, 2024
Initiation of Refunds (Tentative)Jul 01, 2024Jun 26, 2024
Credit of Share (Tentative)Jul 01, 2024Jun 26, 2024
Listing date (Tentative)Jul 02, 2024Jun 27, 2024
Anchor Lockin End date 1Jul 28, 2024Jul 25, 2024
Anchor Lockin End date 2Sep 26, 2024Sep 23, 2024

Financials & KPIs

Divine Power Energy IPO P/E ratio is 9.85, as compared to Dindigul Farm Product IPO P/E ratio of 18.47.

 Divine Power Energy IPODindigul Farm Product IPO
Financials

Divine Power Energy Limited Financial Information (Restated)

Divine Power Energy Limited's revenue increased by 47.65% and profit after tax (PAT) rose by 124.82% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets8,889.247,253.316,276.46
Total Income22,272.0015,084.2012,290.38
Profit After Tax640.59284.9480.51
Net Worth2,556.531,915.941,246.00
Reserves and Surplus978.62338.031,231.72
Total Borrowing5,785.444,763.844,466.34
Amount in ₹ Lakhs

Dindigul Farm Product Limited Financial Information (Restated)

Dindigul Farm Product Limited's revenue increased by 188.19% and profit after tax (PAT) rose by 225.16% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,123.462,899.842,995.072,995.07
Total Income6,876.658,199.342,845.071,840.72
Profit After Tax588.40525.79-420.08-461.19
Net Worth393.94-1,638.46-2,162.72-1,742.64
Total Borrowing2,263.872,398.372,579.252,716.23
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0080.66
Promoter Shareholding (Post-Issue)59.36
P/E Ratio9.8518.47
Market Cap₹85.88 Cr.₹131.92 Cr.
ROE25.06%-0.95%
ROCE16.25%0.62%
Debt/Equity2.264.63
EPS₹4.06₹2.92
RoNW25.06%149.49%

Shares Offered

In the Divine Power Energy IPO Retail Individual Investors (RII) are offered 18,90,000 shares while in Dindigul Farm Product IPO retail investors are offered 18,90,000 shares. Qualified Institutional Buyers (QIB) are offered 10,80,000 shares in Divine Power Energy IPO and 12,26,000 shares in Dindigul Farm Product IPO.

 Divine Power Energy IPODindigul Farm Product IPO
Anchor Investor Reserveration16,20,000 shares18,34,000 shares
Market Maker Reserveration2,88,000 shares3,26,000 shares
QIB10,80,000 shares12,26,000 shares
NII8,10,000 shares9,20,000 shares
RII18,90,000 shares21,44,000 shares
Employee
Others
Total54,00,000 shares61,24,000 shares

Bids Received (Subscription)

Divine Power Energy IPO subscribed 393.67x in total, whereas Dindigul Farm Product IPO subscribed 202.35x.

 Divine Power Energy IPODindigul Farm Product IPO
QIB (times)135.84x145.62x
NII (times)473.74x280.06x
Big NII (times)
Small NII (times)
RII (times)507.94x201.44x
Employee (times)
Other (times)
Total (times)393.67x202.35x