Comparison between Divine Power Energy IPO and Medicamen Organics IPO.
Divine Power Energy IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Medicamen Organics IPO is a SME Bookbuilding proposed to list at NSE SME.
| Divine Power Energy IPO | Medicamen Organics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khambatta Securities Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| 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 Medicamen Organics IPO is up to ₹9.96 Cr. The final issue price of Divine Power Energy IPO is ₹40.00 per share and of Medicamen Organics IPO is ₹34.00 per share.
| Divine Power Energy IPO | Medicamen Organics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | ₹32.00 per share |
| Issue Price (Upper) | ₹40.00 per share | ₹34.00 per share |
| Issue Price (Final) | ₹40.00 per share | ₹34.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 54,00,000 shares | 29,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.60 Cr | up to ₹9.96 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 | 29,28,000 shares |
| Issue Size Total (Amount) | up to ₹21.60 Cr | up to ₹9.96 Cr |
Divine Power Energy IPO opens on Jun 25, 2024, while Medicamen Organics IPO opens on Jun 21, 2024. The closing date of Divine Power Energy IPO and Medicamen Organics IPO is Jun 27, 2024, and Jun 25, 2024, respectively.
| Divine Power Energy IPO | Medicamen Organics IPO | |
|---|---|---|
| Anchor Bid Date | Jun 24, 2024 | Jun 20, 2024 |
| Issue Open | Jun 25, 2024 | Jun 21, 2024 |
| Issue Close | Jun 27, 2024 | Jun 25, 2024 |
| Basis Of Allotment (Tentative) | Jun 28, 2024 | Jun 26, 2024 |
| Initiation of Refunds (Tentative) | Jul 01, 2024 | Jun 27, 2024 |
| Credit of Share (Tentative) | Jul 01, 2024 | Jun 27, 2024 |
| Listing date (Tentative) | Jul 02, 2024 | Jun 28, 2024 |
| Anchor Lockin End date 1 | Jul 28, 2024 | Jul 26, 2024 |
| Anchor Lockin End date 2 | Sep 26, 2024 | Sep 24, 2024 |
Divine Power Energy IPO P/E ratio is 9.85, as compared to Medicamen Organics IPO P/E ratio of 30.53.
| Divine Power Energy IPO | Medicamen Organics 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.
| Medicamen Organics Limited Financial Information (Restated)Medicamen Organics Limited's revenue increased by 10.13% and profit after tax (PAT) rose by 151% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 81.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.85 | 30.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹85.88 Cr. | ₹39.78 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.06% | 19.90% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.25% | 14.50% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.26 | 0.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.06 | ₹1.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.06% | 15.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divine Power Energy IPO Retail Individual Investors (RII) are offered 18,90,000 shares while in Medicamen Organics 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 5,84,000 shares in Medicamen Organics IPO.
| Divine Power Energy IPO | Medicamen Organics IPO | |
|---|---|---|
| Anchor Investor Reserveration | 16,20,000 shares | 8,76,000 shares |
| Market Maker Reserveration | 2,88,000 shares | 1,72,000 shares |
| QIB | 10,80,000 shares | 5,84,000 shares |
| NII | 8,10,000 shares | 4,40,000 shares |
| RII | 18,90,000 shares | 10,28,000 shares |
| Employee | ||
| Others | ||
| Total | 54,00,000 shares | 29,28,000 shares |
Divine Power Energy IPO subscribed 393.67x in total, whereas Medicamen Organics IPO subscribed 993.56x.
| Divine Power Energy IPO | Medicamen Organics IPO | |
|---|---|---|
| QIB (times) | 135.84x | 173.03x |
| NII (times) | 473.74x | 1,343.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 507.94x | 1,309.77x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 393.67x | 993.56x |
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