Comparison between Durlax Top Surface IPO and Dindigul Farm Product IPO.
Durlax Top Surface IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Dindigul Farm Product IPO is a SME Bookbuilding proposed to list at BSE SME.
| Durlax Top Surface IPO | Dindigul Farm Product IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Globalworth Securities Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Durlax Top Surface IPO is up to ₹38.76 Cr whereas the issue size of the Dindigul Farm Product IPO is up to ₹33.07 Cr. The final issue price of Durlax Top Surface IPO is ₹68.00 per share and of Dindigul Farm Product IPO is ₹54.00 per share.
| Durlax Top Surface IPO | Dindigul Farm Product IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹65.00 per share | ₹51.00 per share |
| Issue Price (Upper) | ₹68.00 per share | ₹54.00 per share |
| Issue Price (Final) | ₹68.00 per share | ₹54.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 39,00,000 shares | 61,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.52 Cr | up to ₹33.07 Cr |
| OFS Issue Size | 18,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹12.24 Cr | up to ₹0.00 Cr |
| Issue Size Total | 57,00,000 shares | 61,24,000 shares |
| Issue Size Total (Amount) | up to ₹38.76 Cr | up to ₹33.07 Cr |
Durlax Top Surface IPO opens on Jun 19, 2024, while Dindigul Farm Product IPO opens on Jun 20, 2024. The closing date of Durlax Top Surface IPO and Dindigul Farm Product IPO is Jun 21, 2024, and Jun 24, 2024, respectively.
| Durlax Top Surface IPO | Dindigul Farm Product IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | Jun 19, 2024 |
| Issue Open | Jun 19, 2024 | Jun 20, 2024 |
| Issue Close | Jun 21, 2024 | Jun 24, 2024 |
| Basis Of Allotment (Tentative) | Jun 24, 2024 | Jun 25, 2024 |
| Initiation of Refunds (Tentative) | Jun 25, 2024 | Jun 26, 2024 |
| Credit of Share (Tentative) | Jun 25, 2024 | Jun 26, 2024 |
| Listing date (Tentative) | Jun 26, 2024 | Jun 27, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | Jul 25, 2024 |
| Anchor Lockin End date 2 | Sep 22, 2024 | Sep 23, 2024 |
Durlax Top Surface IPO P/E ratio is 16.73, as compared to Dindigul Farm Product IPO P/E ratio of 18.47.
| Durlax Top Surface IPO | Dindigul Farm Product IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| Dindigul Farm Product Limited Financial Information (Restated)Dindigul Farm Product Limited's revenue increased by 188.19% and profit after tax (PAT) rose by 225.16% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 95.44 | 80.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.35 | 59.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.73 | 18.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹113.07 Cr. | ₹131.92 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.20% | -0.95% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.20% | 0.62% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.78 | 4.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.06 | ₹2.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.12% | 149.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Durlax Top Surface IPO Retail Individual Investors (RII) are offered 20,00,000 shares while in Dindigul Farm Product IPO retail investors are offered 20,00,000 shares. Qualified Institutional Buyers (QIB) are offered 22,52,000 shares in Durlax Top Surface IPO and 12,26,000 shares in Dindigul Farm Product IPO.
| Durlax Top Surface IPO | Dindigul Farm Product IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,92,000 shares | 18,34,000 shares |
| Market Maker Reserveration | 3,00,000 shares | 3,26,000 shares |
| QIB | 22,52,000 shares | 12,26,000 shares |
| NII | 8,56,000 shares | 9,20,000 shares |
| RII | 20,00,000 shares | 21,44,000 shares |
| Employee | ||
| Others | ||
| Total | 57,00,000 shares | 61,24,000 shares |
Durlax Top Surface IPO subscribed 166.79x in total, whereas Dindigul Farm Product IPO subscribed 202.35x.
| Durlax Top Surface IPO | Dindigul Farm Product IPO | |
|---|---|---|
| QIB (times) | 48.29x | 145.62x |
| NII (times) | 415.06x | 280.06x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 193.95x | 201.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 166.79x | 202.35x |
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