Comparison between 3C IT Solutions IPO and Durlax Top Surface IPO.
3C IT Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Durlax Top Surface IPO is a SME Bookbuilding proposed to list at NSE SME.
| 3C IT Solutions IPO | Durlax Top Surface IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Kreo Capital Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Globalworth Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of 3C IT Solutions IPO is up to ₹10.86 Cr whereas the issue size of the Durlax Top Surface IPO is up to ₹38.76 Cr. The final issue price of 3C IT Solutions IPO is ₹52.00 per share and of Durlax Top Surface IPO is ₹68.00 per share.
| 3C IT Solutions IPO | Durlax Top Surface IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹65.00 per share | |
| Issue Price (Upper) | ₹68.00 per share | |
| Issue Price (Final) | ₹52.00 per share | ₹68.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 15,88,000 shares | 39,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.26 Cr | up to ₹26.52 Cr |
| OFS Issue Size | 5,00,000 shares | 18,00,000 shares |
| OFS Issue Size (Amount) | up to ₹2.60 Cr | up to ₹12.24 Cr |
| Issue Size Total | 20,88,000 shares | 57,00,000 shares |
| Issue Size Total (Amount) | up to ₹10.86 Cr | up to ₹38.76 Cr |
3C IT Solutions IPO opens on Jun 04, 2024, while Durlax Top Surface IPO opens on Jun 19, 2024. The closing date of 3C IT Solutions IPO and Durlax Top Surface IPO is Jun 07, 2024, and Jun 21, 2024, respectively.
| 3C IT Solutions IPO | Durlax Top Surface IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | |
| Issue Open | Jun 04, 2024 | Jun 19, 2024 |
| Issue Close | Jun 07, 2024 | Jun 21, 2024 |
| Basis Of Allotment (Tentative) | Jun 10, 2024 | Jun 24, 2024 |
| Initiation of Refunds (Tentative) | Jun 11, 2024 | Jun 25, 2024 |
| Credit of Share (Tentative) | Jun 11, 2024 | Jun 25, 2024 |
| Listing date (Tentative) | Jun 12, 2024 | Jun 26, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | |
| Anchor Lockin End date 2 | Sep 22, 2024 |
3C IT Solutions IPO P/E ratio is 5.86, as compared to Durlax Top Surface IPO P/E ratio of 16.73.
| 3C IT Solutions IPO | Durlax Top Surface IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 3C IT Solutions & Telecoms (India) Limited Financial Information (Restated)3C IT Solutions & Telecoms (India) Limited's revenue decreased by -5.98% and profit after tax (PAT) rose by 2.45% between the financial year ending with March 31, 2023 and March 31, 2022.
| Durlax Top Surface Limited Financial Information (Restated)Durlax Top Surface Limited's revenue increased by 35.9% and profit after tax (PAT) rose by 141.15% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 72.00 | 95.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.66 | 60.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 5.86 | 16.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹31.30 Cr. | ₹113.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.87 | ₹4.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.98% | 23.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the 3C IT Solutions IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in Durlax Top Surface IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in 3C IT Solutions IPO and 22,52,000 shares in Durlax Top Surface IPO.
| 3C IT Solutions IPO | Durlax Top Surface IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,92,000 shares | |
| Market Maker Reserveration | 1,12,000 shares | 3,00,000 shares |
| QIB | 22,52,000 shares | |
| NII | 10,44,000 shares | 8,56,000 shares |
| RII | 10,44,000 shares | 20,00,000 shares |
| Employee | ||
| Others | ||
| Total | 20,88,000 shares | 57,00,000 shares |
3C IT Solutions IPO subscribed 20.21x in total, whereas Durlax Top Surface IPO subscribed 166.79x.
| 3C IT Solutions IPO | Durlax Top Surface IPO | |
|---|---|---|
| QIB (times) | 48.29x | |
| NII (times) | 10.63x | 415.06x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 29.79x | 193.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 20.21x | 166.79x |
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