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Divine Power Energy IPO vs Winny Immigration IPO

Comparison between Divine Power Energy IPO and Winny Immigration IPO.

IPO Details

Divine Power Energy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Winny Immigration IPO is a SME Fixed Price proposed to list at NSE SME.

 Divine Power Energy IPOWinny Immigration IPO
LogoDivine Power Energy IPO LogoWinny Immigration IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersKhambatta Securities Ltd.Interactive Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Aftertrade Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor 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 Winny Immigration IPO is up to ₹8.65 Cr. The final issue price of Divine Power Energy IPO is ₹40.00 per share and of Winny Immigration IPO is ₹140.00 per share.

 Divine Power Energy IPOWinny Immigration IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share
Issue Price (Upper)₹40.00 per share
Issue Price (Final)₹40.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1000 shares
Fresh Issue Size54,00,000 shares6,18,000 shares
Fresh Issue Size (Amount)up to ₹21.60 Crup to ₹8.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total54,00,000 shares6,18,000 shares
Issue Size Total (Amount)up to ₹21.60 Crup to ₹8.65 Cr

IPO Timetable

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

 Divine Power Energy IPOWinny Immigration IPO
Anchor Bid DateJun 24, 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, 2024
Anchor Lockin End date 2Sep 26, 2024

Financials & KPIs

Divine Power Energy IPO P/E ratio is 9.85, as compared to Winny Immigration IPO P/E ratio of 54.12.

 Divine Power Energy IPOWinny Immigration 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

Winny Immigration and Education Services Ltd Financial Information (Restated)

Winny Immigration and Education Services Ltd's revenue decreased by -8% and profit after tax (PAT) dropped by -72.86% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets542.84541.93276.26
Total Income1,102.121,197.911,004.07
Profit After Tax39.27144.71127.63
Net Worth230.72191.4646.75
Reserves and Surplus78.92188.1643.45
Total Borrowing206.84232.02127.91
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0083.63
Promoter Shareholding (Post-Issue)58.51
P/E Ratio9.8554.12
Market Cap₹85.88 Cr.₹30.38 Cr.
ROE25.06%18.60%
ROCE16.25%15.74%
Debt/Equity2.260.90
EPS₹4.06₹2.59
RoNW25.06%17.02%

Shares Offered

In the Divine Power Energy IPO Retail Individual Investors (RII) are offered 18,90,000 shares while in Winny Immigration 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 Winny Immigration IPO.

 Divine Power Energy IPOWinny Immigration IPO
Anchor Investor Reserveration16,20,000 shares
Market Maker Reserveration2,88,000 shares34,000 shares
QIB10,80,000 shares
NII8,10,000 shares3,09,000 shares
RII18,90,000 shares3,09,000 shares
Employee
Others
Total54,00,000 shares6,18,000 shares

Bids Received (Subscription)

Divine Power Energy IPO subscribed 393.67x in total, whereas Winny Immigration IPO subscribed 154.67x.

 Divine Power Energy IPOWinny Immigration IPO
QIB (times)135.84x
NII (times)473.74x109.65x
Big NII (times)
Small NII (times)
RII (times)507.94x190.66x
Employee (times)
Other (times)
Total (times)393.67x154.67x