Comparison between Divine Power Energy IPO and Dindigul Farm Product IPO.
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 IPO | Dindigul Farm Product IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Khambatta Securities Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Dindigul 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 Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 54,00,000 shares | 61,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.60 Cr | up to ₹33.07 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 54,00,000 shares | 61,24,000 shares |
| Issue Size Total (Amount) | up to ₹21.60 Cr | up to ₹33.07 Cr |
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 IPO | Dindigul Farm Product IPO | |
|---|---|---|
| Anchor Bid Date | Jun 24, 2024 | Jun 19, 2024 |
| Issue Open | Jun 25, 2024 | Jun 20, 2024 |
| Issue Close | Jun 27, 2024 | Jun 24, 2024 |
| Basis Of Allotment (Tentative) | Jun 28, 2024 | Jun 25, 2024 |
| Initiation of Refunds (Tentative) | Jul 01, 2024 | Jun 26, 2024 |
| Credit of Share (Tentative) | Jul 01, 2024 | Jun 26, 2024 |
| Listing date (Tentative) | Jul 02, 2024 | Jun 27, 2024 |
| Anchor Lockin End date 1 | Jul 28, 2024 | Jul 25, 2024 |
| Anchor Lockin End date 2 | Sep 26, 2024 | Sep 23, 2024 |
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 IPO | Dindigul Farm Product IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 80.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.85 | 18.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹85.88 Cr. | ₹131.92 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.06% | -95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.25% | 62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.26 | 4.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.06 | ₹2.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.06% | 149.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Dindigul Farm Product IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,20,000 shares | 18,34,000 shares |
| Market Maker Reservation | 2,88,000 shares | 3,26,000 shares |
| QIB | 10,80,000 shares | 12,26,000 shares |
| NII | 8,10,000 shares | 9,20,000 shares |
| RII | 18,90,000 shares | 21,44,000 shares |
| Employee | ||
| Others | ||
| Total | 54,00,000 shares | 61,24,000 shares |
Divine Power Energy IPO subscribed 393.67x in total, whereas Dindigul Farm Product IPO subscribed 202.35x.
| Divine Power Energy IPO | Dindigul Farm Product IPO | |
|---|---|---|
| QIB (times) | 135.84x | 145.62x |
| NII (times) | 473.74x | 280.06x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 507.94x | 201.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 393.67x | 202.35x |
