Comparison between Divine Power Energy IPO and Visaman Global Sales IPO.
IPO Details
Divine Power Energy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Visaman Global Sales 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 Visaman Global Sales IPO is up to ₹15.22 Cr. The final issue price of Divine Power Energy IPO is ₹40.00 per share and of Visaman Global Sales IPO is ₹43.00 per share.
IPO Timetable
Divine Power Energy IPO opens on Jun 25, 2024, while Visaman Global Sales IPO opens on Jun 24, 2024. The closing date of Divine Power Energy IPO and Visaman Global Sales IPO is Jun 27, 2024, and Jun 26, 2024, respectively.
| | Divine Power Energy IPO | Visaman Global Sales 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 Visaman Global Sales IPO P/E ratio of 38.25.
Shares Offered
In the Divine Power Energy IPO Retail Individual Investors (RII) are offered 18,90,000 shares while in Visaman Global Sales 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 0 shares in Visaman Global Sales IPO.
| | Divine Power Energy IPO | Visaman Global Sales IPO |
|---|
| Anchor Investor Reservation | 16,20,000 shares | 0 shares |
| Market Maker Reservation | 2,88,000 shares | 1,92,000 shares |
| QIB | 10,80,000 shares | 0 shares |
| NII | 8,10,000 shares | 17,70,000 shares |
| RII | 18,90,000 shares | 17,70,000 shares |
| Employee | | 0 shares |
| Total | 54,00,000 shares | 35,40,000 shares |
Bids Received (Subscription)
Divine Power Energy IPO subscribed 308.68x in total, whereas Visaman Global Sales IPO subscribed 39.83x.
