Comparison between Dreamfolks IPO and Tamilnad Mercantile Bank IPO.
Dreamfolks IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tamilnad Mercantile Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Dreamfolks IPO is up to ₹562.10 Cr whereas the issue size of the Tamilnad Mercantile Bank IPO is up to ₹807.84 Cr. The final issue price of Dreamfolks IPO is ₹326.00 per share and of Tamilnad Mercantile Bank IPO is ₹510.00 per share.
| Dreamfolks IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹308.00 per share | ₹500.00 per share |
| Issue Price (Upper) | ₹326.00 per share | ₹525.00 per share |
| Issue Price (Final) | ₹326.00 per share | ₹510.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 46 shares | 28 shares |
| Fresh Issue Size | 0 shares | 1,58,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹807.84 Cr |
| OFS Issue Size | 1,72,42,368 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹562.10 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,72,42,368 shares | 1,58,40,000 shares |
| Issue Size Total (Amount) | up to ₹562.10 Cr | up to ₹807.84 Cr |
Dreamfolks IPO opens on Aug 24, 2022, while Tamilnad Mercantile Bank IPO opens on Sep 05, 2022. The closing date of Dreamfolks IPO and Tamilnad Mercantile Bank IPO is Aug 26, 2022, and Sep 07, 2022, respectively.
| Dreamfolks IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Anchor Bid Date | Aug 23, 2022 | Sep 02, 2022 |
| Issue Open | Aug 24, 2022 | Sep 05, 2022 |
| Issue Close | Aug 26, 2022 | Sep 07, 2022 |
| Basis Of Allotment (Tentative) | Sep 01, 2022 | Sep 12, 2022 |
| Initiation of Refunds (Tentative) | Sep 02, 2022 | Sep 13, 2022 |
| Credit of Share (Tentative) | Sep 05, 2022 | Sep 14, 2022 |
| Listing date (Tentative) | Sep 06, 2022 | Sep 15, 2022 |
| Anchor Lockin End date 1 | Oct 01, 2022 | Oct 12, 2022 |
| Anchor Lockin End date 2 | Nov 30, 2022 | Dec 11, 2022 |
Dreamfolks IPO P/E ratio is 104.82, as compared to Tamilnad Mercantile Bank IPO P/E ratio of 9.22.
| Dreamfolks IPO | Tamilnad Mercantile Bank IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 104.82 | 9.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1703.35 Cr. | ₹8313.45 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.78 | 16.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.11 | ₹57.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.78 | 15.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Dreamfolks IPO Retail Individual Investors (RII) are offered 17,24,236 shares while in Tamilnad Mercantile Bank IPO retail investors are offered 17,24,236 shares. Qualified Institutional Buyers (QIB) are offered 51,72,711 shares in Dreamfolks IPO and 47,52,000 shares in Tamilnad Mercantile Bank IPO.
| Dreamfolks IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 77,59,066 shares | 71,28,000 shares |
| Market Maker Reservation | ||
| QIB | 51,72,711 shares | 47,52,000 shares |
| NII | 25,86,355 shares | 23,76,000 shares |
| RII | 17,24,236 shares | 15,84,000 shares |
| Employee | ||
| Others | ||
| Total | 1,72,42,368 shares | 1,58,40,000 shares |
Dreamfolks IPO subscribed 56.68x in total, whereas Tamilnad Mercantile Bank IPO subscribed 2.86x.
| Dreamfolks IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| QIB (times) | 70.53x | 1.62x |
| NII (times) | 37.66x | 2.94x |
| Big NII (times) | 40.94x | 3.10x |
| Small NII (times) | 31.10x | 2.63x |
| RII (times) | 43.66x | 6.48x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 56.68x | 2.86x |
