Comparison between Dollex Agrotech IPO and Droneacharya Aerial IPO.
Dollex Agrotech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Droneacharya Aerial IPO is a SME Bookbuilding proposed to list at BSE SME.
| Dollex Agrotech IPO | Droneacharya Aerial IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Corporate Capitalventures Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | R.K.Stock Holding Pvt.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 Dollex Agrotech IPO is up to ₹23.16 Cr whereas the issue size of the Droneacharya Aerial IPO is up to ₹32.26 Cr. The final issue price of Dollex Agrotech IPO is ₹35.00 per share and of Droneacharya Aerial IPO is ₹54.00 per share.
| Dollex Agrotech IPO | Droneacharya Aerial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | |
| Issue Price (Upper) | ₹54.00 per share | |
| Issue Price (Final) | ₹35.00 per share | ₹54.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 46,16,000 shares | 59,74,000 shares |
| Fresh Issue Size (Amount) | up to ₹16.16 Cr | up to ₹32.26 Cr |
| OFS Issue Size | 20,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 66,16,000 shares | 59,74,000 shares |
| Issue Size Total (Amount) | up to ₹23.16 Cr | up to ₹32.26 Cr |
Dollex Agrotech IPO opens on Dec 15, 2022, while Droneacharya Aerial IPO opens on Dec 13, 2022. The closing date of Dollex Agrotech IPO and Droneacharya Aerial IPO is Dec 20, 2022, and Dec 15, 2022, respectively.
| Dollex Agrotech IPO | Droneacharya Aerial IPO | |
|---|---|---|
| Anchor Bid Date | Dec 12, 2022 | |
| Issue Open | Dec 15, 2022 | Dec 13, 2022 |
| Issue Close | Dec 20, 2022 | Dec 15, 2022 |
| Basis Of Allotment (Tentative) | Dec 23, 2022 | Dec 20, 2022 |
| Initiation of Refunds (Tentative) | Dec 26, 2022 | Dec 21, 2022 |
| Credit of Share (Tentative) | Dec 27, 2022 | Dec 22, 2022 |
| Listing date (Tentative) | Dec 28, 2022 | Dec 23, 2022 |
| Anchor Lockin End date 1 | Jan 19, 2023 | |
| Anchor Lockin End date 2 | Mar 20, 2023 |
Dollex Agrotech IPO P/E ratio is 14.46, as compared to Droneacharya Aerial IPO P/E ratio of 45.
| Dollex Agrotech IPO | Droneacharya Aerial IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.50 | 38.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.69 | 28.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.46 | 45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹87.39 Cr. | ₹129.54 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.63 | ₹0.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.34 | 2.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Dollex Agrotech IPO Retail Individual Investors (RII) are offered 33,08,000 shares while in Droneacharya Aerial IPO retail investors are offered 33,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Dollex Agrotech IPO and 11,94,000 shares in Droneacharya Aerial IPO.
| Dollex Agrotech IPO | Droneacharya Aerial IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,90,000 shares | |
| Market Maker Reservation | 3,52,000 shares | 3,16,000 shares |
| QIB | 11,94,000 shares | |
| NII | 33,08,000 shares | 8,98,000 shares |
| RII | 33,08,000 shares | 20,92,000 shares |
| Employee | ||
| Others | ||
| Total | 66,16,000 shares | 59,74,000 shares |
Dollex Agrotech IPO subscribed 1.88x in total, whereas Droneacharya Aerial IPO subscribed 243.70x.
| Dollex Agrotech IPO | Droneacharya Aerial IPO | |
|---|---|---|
| QIB (times) | 46.21x | |
| NII (times) | 1.46x | 287.80x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.29x | 330.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.88x | 243.70x |
