Comparison between Drone Destination IPO and Global Pet Industries IPO.
Drone Destination IPO is a SME Fixed Price IPO proposed to list at NSE SME while Global Pet Industries IPO is a SME Fixed Price proposed to list at NSE SME.
| Drone Destination IPO | Global Pet Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Shreni Shares Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Shreni Shares 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 Drone Destination IPO is up to ₹40.95 Cr whereas the issue size of the Global Pet Industries IPO is up to ₹12.55 Cr. The final issue price of Drone Destination IPO is ₹65.00 per share and of Global Pet Industries IPO is ₹49.00 per share.
| Drone Destination IPO | Global Pet Industries 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) | ₹65.00 per share | ₹49.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 63,00,000 shares | 25,62,000 shares |
| Fresh Issue Size (Amount) | up to ₹40.95 Cr | up to ₹12.55 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 | 63,00,000 shares | 25,62,000 shares |
| Issue Size Total (Amount) | up to ₹40.95 Cr | up to ₹12.55 Cr |
Drone Destination IPO opens on Jul 07, 2023, while Global Pet Industries IPO opens on Jun 28, 2023. The closing date of Drone Destination IPO and Global Pet Industries IPO is Jul 13, 2023, and Jul 03, 2023, respectively.
| Drone Destination IPO | Global Pet Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jul 06, 2023 | |
| Issue Open | Jul 07, 2023 | Jun 28, 2023 |
| Issue Close | Jul 13, 2023 | Jul 03, 2023 |
| Basis Of Allotment (Tentative) | Jul 18, 2023 | Jul 06, 2023 |
| Initiation of Refunds (Tentative) | Jul 19, 2023 | Jul 07, 2023 |
| Credit of Share (Tentative) | Jul 20, 2023 | Jul 10, 2023 |
| Listing date (Tentative) | Jul 21, 2023 | Jul 10, 2023 |
| Anchor Lockin End date 1 | Aug 17, 2023 | |
| Anchor Lockin End date 2 | Oct 16, 2023 |
Drone Destination IPO P/E ratio is 64.35, as compared to Global Pet Industries IPO P/E ratio of 23.
| Drone Destination IPO | Global Pet Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.14 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.31 | 72.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 64.35 | 23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹157.95 Cr. | ₹47.96 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.90 | 19.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.65 | 14.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹25.80 | ₹1.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.90 | 19.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Drone Destination IPO Retail Individual Investors (RII) are offered 22,06,000 shares while in Global Pet Industries IPO retail investors are offered 22,06,000 shares. Qualified Institutional Buyers (QIB) are offered 12,60,000 shares in Drone Destination IPO and in Global Pet Industries IPO.
| Drone Destination IPO | Global Pet Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,88,000 shares | |
| Market Maker Reservation | 5,00,000 shares | 1,38,000 shares |
| QIB | 12,60,000 shares | |
| NII | 9,46,000 shares | 12,81,000 shares |
| RII | 22,06,000 shares | 12,81,000 shares |
| Employee | ||
| Others | ||
| Total | 63,00,000 shares | 25,62,000 shares |
Drone Destination IPO subscribed 191.65x in total, whereas Global Pet Industries IPO subscribed 4.30x.
| Drone Destination IPO | Global Pet Industries IPO | |
|---|---|---|
| QIB (times) | 50.46x | |
| NII (times) | 243.85x | 4.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 250.09x | 4.14x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 191.65x | 4.30x |
