Comparison between Divine Power Energy IPO and Sylvan Plyboard IPO.
IPO Details
Divine Power Energy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sylvan Plyboard IPO is a SME Fixed Price proposed to list at NSE SME.
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 Sylvan Plyboard IPO is up to ₹26.64 Cr. The final issue price of Divine Power Energy IPO is ₹40.00 per share and of Sylvan Plyboard IPO is ₹55.00 per share.
IPO Timetable
Divine Power Energy IPO opens on Jun 25, 2024, while Sylvan Plyboard IPO opens on Jun 24, 2024. The closing date of Divine Power Energy IPO and Sylvan Plyboard IPO is Jun 27, 2024, and Jun 26, 2024, respectively.
| | Divine Power Energy IPO | Sylvan Plyboard IPO |
|---|
| Anchor Bid Date | Jun 24, 2024 | |
| Issue Open | Jun 25, 2024 | Jun 24, 2024 |
| Issue Close | Jun 27, 2024 | Jun 26, 2024 |
| Basis Of Allotment (Tentative) | Jun 28, 2024 | Jun 27, 2024 |
| Initiation of Refunds (Tentative) | Jul 01, 2024 | Jun 28, 2024 |
| Credit of Share (Tentative) | Jul 01, 2024 | Jun 28, 2024 |
| Listing date (Tentative) | Jul 02, 2024 | Jul 01, 2024 |
| Anchor Lockin End date 1 | Jul 28, 2024 | |
| Anchor Lockin End date 2 | Sep 26, 2024 | |
Financials & KPIs
Divine Power Energy IPO P/E ratio is 9.85, as compared to Sylvan Plyboard IPO P/E ratio of 22.25.
Shares Offered
In the Divine Power Energy IPO Retail Individual Investors (RII) are offered 18,90,000 shares while in Sylvan Plyboard 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 in Sylvan Plyboard IPO.
| | Divine Power Energy IPO | Sylvan Plyboard IPO |
|---|
| Anchor Investor Reservation | 16,20,000 shares | |
| Market Maker Reservation | 2,88,000 shares | 2,56,000 shares |
| QIB | 10,80,000 shares | |
| NII | 8,10,000 shares | 24,22,000 shares |
| RII | 18,90,000 shares | 24,22,000 shares |
| Total | 54,00,000 shares | 48,44,000 shares |
Bids Received (Subscription)
Divine Power Energy IPO subscribed 308.68x in total, whereas Sylvan Plyboard IPO subscribed 79.76x.