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.

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

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets88.8972.5362.76
Total Income222.72150.84122.90
Profit After Tax6.412.850.81
NET Worth25.5719.1612.46
Reserves and Surplus9.793.3812.32
Total Borrowing57.8547.6444.66
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets5.435.422.76
Total Income11.0211.9810.04
Profit After Tax0.391.451.28
NET Worth2.311.910.47
Reserves and Surplus0.791.880.43
Total Borrowing2.072.321.28
Amount in ₹ Crore
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 Reservation16,20,000 shares
Market Maker Reservation2,88,000 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.

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