Comparison between Alphalogic Industries IPO and Drone Destination IPO.
Alphalogic Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Drone Destination IPO is a SME Bookbuilding proposed to list at NSE SME.
| Alphalogic Industries IPO | Drone Destination IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Alphalogic Industries IPO is up to ₹12.23 Cr whereas the issue size of the Drone Destination IPO is up to ₹40.95 Cr. The final issue price of Alphalogic Industries IPO is ₹96.00 per share and of Drone Destination IPO is ₹65.00 per share.
| Alphalogic Industries IPO | Drone Destination IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹62.00 per share | |
| Issue Price (Upper) | ₹65.00 per share | |
| Issue Price (Final) | ₹96.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 12,74,400 shares | 63,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.23 Cr | up to ₹40.95 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 12,74,400 shares | 63,00,000 shares |
| Issue Size Total (Amount) | up to ₹12.23 Cr | up to ₹40.95 Cr |
Alphalogic Industries IPO opens on Jul 03, 2023, while Drone Destination IPO opens on Jul 07, 2023. The closing date of Alphalogic Industries IPO and Drone Destination IPO is Jul 06, 2023, and Jul 13, 2023, respectively.
| Alphalogic Industries IPO | Drone Destination IPO | |
|---|---|---|
| Anchor Bid Date | Jul 06, 2023 | |
| Issue Open | Jul 03, 2023 | Jul 07, 2023 |
| Issue Close | Jul 06, 2023 | Jul 13, 2023 |
| Basis Of Allotment (Tentative) | Jul 11, 2023 | Jul 18, 2023 |
| Initiation of Refunds (Tentative) | Jul 12, 2023 | Jul 19, 2023 |
| Credit of Share (Tentative) | Jul 13, 2023 | Jul 20, 2023 |
| Listing date (Tentative) | Jul 14, 2023 | Jul 21, 2023 |
| Anchor Lockin End date 1 | Aug 17, 2023 | |
| Anchor Lockin End date 2 | Oct 16, 2023 |
Alphalogic Industries IPO P/E ratio is 22.3, as compared to Drone Destination IPO P/E ratio of 64.35.
| Alphalogic Industries IPO | Drone Destination IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 85.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.67 | 62.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 22.3 | 64.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹48.91 Cr. | ₹157.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 85 | 13.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 75 | 18.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.86 | 0.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹111.53 | ₹25.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 50.60 | 13.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Alphalogic Industries IPO Retail Individual Investors (RII) are offered 5,71,200 shares while in Drone Destination IPO retail investors are offered 5,71,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Alphalogic Industries IPO and 12,60,000 shares in Drone Destination IPO.
| Alphalogic Industries IPO | Drone Destination IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,88,000 shares | |
| Market Maker Reservation | 67,200 shares | 5,00,000 shares |
| QIB | 0 shares | 12,60,000 shares |
| NII | 5,70,000 shares | 9,46,000 shares |
| RII | 5,71,200 shares | 22,06,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 12,74,400 shares | 63,00,000 shares |
Alphalogic Industries IPO subscribed 5.34x in total, whereas Drone Destination IPO subscribed 191.65x.
| Alphalogic Industries IPO | Drone Destination IPO | |
|---|---|---|
| QIB (times) | 50.46x | |
| NII (times) | 4.24x | 243.85x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.19x | 250.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.34x | 191.65x |
