Dolfin Rubbers IPO vs Parin Furniture IPO

Comparison between Dolfin Rubbers IPO and Parin Furniture IPO.

IPO Details

Dolfin Rubbers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Parin Furniture IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Dolfin Rubbers IPO is up to ₹4.93 Cr whereas the issue size of the Parin Furniture IPO is up to ₹17.89 Cr. The final issue price of Dolfin Rubbers IPO is ₹26.00 per share and of Parin Furniture IPO is ₹63.00 per share.

 Dolfin Rubbers IPOParin Furniture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹26.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size18,96,000 shares28,40,000 shares
Fresh Issue Size (Amount)up to ₹4.93 Crup to ₹17.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,96,000 shares28,40,000 shares
Issue Size Total (Amount)up to ₹4.93 Crup to ₹17.89 Cr

IPO Timetable

Dolfin Rubbers IPO opens on Sep 27, 2018, while Parin Furniture IPO opens on Sep 26, 2018. The closing date of Dolfin Rubbers IPO and Parin Furniture IPO is Oct 01, 2018, and Sep 28, 2018, respectively.

 Dolfin Rubbers IPOParin Furniture IPO
Issue OpenSep 27, 2018Sep 26, 2018
Issue CloseOct 01, 2018Sep 28, 2018
Basis Of Allotment (Tentative)Oct 05, 2018Oct 04, 2018
Initiation of Refunds (Tentative)Oct 05, 2018
Credit of Share (Tentative)Oct 05, 2018
Listing date (Tentative)Oct 10, 2018Oct 09, 2018

Financials & KPIs

Dolfin Rubbers IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .

 Dolfin Rubbers IPOParin Furniture IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets19.1816.5112.62
Total Income54.0243.0940.92
Profit After Tax1.340.700.53
NET Worth7.506.175.47
Reserves and Surplus1.980.644.09
Total Borrowing3.072.801.00
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets46.6443.4539.63
Total Income64.5959.9461.78
Profit After Tax2.621.361.02
EBITDA7.205.854.92
NET Worth15.475.654.29
Reserves and Surplus7.545.353.99
Total Borrowing23.2629.2525.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)41.38%100%
Promoter Shareholding (Post-Issue)30.38%73.02%
Market Cap₹19.56 Cr.₹70.04 Cr.

Shares Offered

In the Dolfin Rubbers IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in Parin Furniture IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Dolfin Rubbers IPO and 2,84,000 shares in Parin Furniture IPO.

 Dolfin Rubbers IPOParin Furniture IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,04,000 shares1,60,000 shares
QIB0 shares2,84,000 shares
NII9,48,000 shares15,62,000 shares
RII9,48,000 shares9,94,000 shares
Employee0 shares0 shares
Total18,96,000 shares28,40,000 shares

Bids Received (Subscription)

Dolfin Rubbers IPO subscribed 1.25x in total, whereas Parin Furniture IPO subscribed 2.45x.

 Dolfin Rubbers IPOParin Furniture IPO
QIB (times)1.00x
NII (times)1.82x1.89x
RII (times)0.68x3.74x
Total (times)1.25x2.45x

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Dolfin Rubbers IPO Vs Parin Furniture IPO