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Droneacharya Aerial IPO vs Uma Converter IPO

Comparison between Droneacharya Aerial IPO and Uma Converter IPO.

IPO Details

Droneacharya Aerial IPO is a SME Fixed Price IPO proposed to list at BSE SME while Uma Converter IPO is a SME Fixed Price proposed to list at NSE SME.

 Droneacharya Aerial IPOUma Converter IPO
LogoDroneacharya Aerial IPO LogoUma Converter IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersCorporate Capitalventures Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerR.K.Stock Holding Pvt.Ltd.SMC Global Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Droneacharya Aerial IPO is up to ₹32.26 Cr whereas the issue size of the Uma Converter IPO is up to ₹17.42 Cr. The final issue price of Droneacharya Aerial IPO is ₹54.00 per share and of Uma Converter IPO is ₹33.00 per share.

 Droneacharya Aerial IPOUma Converter 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)₹54.00 per share₹33.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size59,74,000 shares52,80,000 shares
Fresh Issue Size (Amount)up to ₹32.26 Crup to ₹17.42 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total59,74,000 shares52,80,000 shares
Issue Size Total (Amount)up to ₹32.26 Crup to ₹17.42 Cr

IPO Timetable

Droneacharya Aerial IPO opens on Dec 13, 2022, while Uma Converter IPO opens on Dec 15, 2022. The closing date of Droneacharya Aerial IPO and Uma Converter IPO is Dec 15, 2022, and Dec 21, 2022, respectively.

 Droneacharya Aerial IPOUma Converter IPO
Anchor Bid DateDec 12, 2022
Issue OpenDec 13, 2022Dec 15, 2022
Issue CloseDec 15, 2022Dec 21, 2022
Basis Of Allotment (Tentative)Dec 20, 2022Dec 26, 2022
Initiation of Refunds (Tentative)Dec 21, 2022Dec 27, 2022
Credit of Share (Tentative)Dec 22, 2022Dec 28, 2022
Listing date (Tentative)Dec 23, 2022Dec 29, 2022
Anchor Lockin End date 1Jan 19, 2023
Anchor Lockin End date 2Mar 20, 2023

Financials & KPIs

Droneacharya Aerial IPO P/E ratio is 45, as compared to Uma Converter IPO P/E ratio of 10.31.

 Droneacharya Aerial IPOUma Converter IPO
Financials
Droneacharya Aerial Innovations Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-202.510-2.30.910.82
31-Mar-21119.131-14.89104.081.27
31-Mar-221546.52358.7440.651447.7746.25
30-Jun-223402.62308.9672.063357.771.02
Amount in ₹ Lakhs
Uma Converter Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-2011296.4110398.45281.913864.475385.15
31-Mar-2113936.0215911.11445.094314.256543.22
31-Mar-2215140.9218720.79494.964812.587431.19
30-Sep-2216452.329209.58324.155138.427856.05
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)38.2395.00
Promoter Shareholding (Post-Issue)28.2168.86
P/E Ratio4510.31
Market Cap₹129.54 Cr.₹66.91 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Droneacharya Aerial IPO Retail Individual Investors (RII) are offered 20,92,000 shares while in Uma Converter IPO retail investors are offered 20,92,000 shares. Qualified Institutional Buyers (QIB) are offered 11,94,000 shares in Droneacharya Aerial IPO and in Uma Converter IPO.

 Droneacharya Aerial IPOUma Converter IPO
Anchor Investor Reserveration17,90,000 shares
Market Maker Reserveration3,16,000 shares3,00,000 shares
QIB11,94,000 shares
NII8,98,000 shares26,40,000 shares
RII20,92,000 shares26,40,000 shares
Employee
Others
Total59,74,000 shares52,80,000 shares

Bids Received (Subscription)

Droneacharya Aerial IPO subscribed 243.70x in total, whereas Uma Converter IPO subscribed 16.66x.

 Droneacharya Aerial IPOUma Converter IPO
QIB (times)46.21x
NII (times)287.80x15.50x
Big NII (times)
Small NII (times)
RII (times)330.82x17.82x
Employee (times)
Other (times)
Total (times)243.70x16.66x