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Dynamic IPO vs Promax Power IPO

Comparison between Dynamic IPO and Promax Power IPO.

IPO Details

Dynamic IPO is a SME Fixed Price IPO proposed to list at NSE SME while Promax Power IPO is a SME Fixed Price proposed to list at BSE SME.

 Dynamic IPOPromax Power IPO
LogoDynamic IPO LogoPromax Power IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFinshore Management Services Ltd.Finshore Management Services Ltd.
RegistrarCameo Corporate Services Ltd.Cameo Corporate Services Ltd.
Market MakerNikunj Stock Brokers Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Dynamic IPO is up to ₹22.92 Cr whereas the issue size of the Promax Power IPO is up to ₹1.52 Cr. The final issue price of Dynamic IPO is ₹51.00 per share and of Promax Power IPO is ₹10.00 per share.

 Dynamic IPOPromax Power IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares10000 shares
Fresh Issue Size44,94,000 shares15,20,000 shares
Fresh Issue Size (Amount)up to ₹22.92 Crup to ₹1.52 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total44,94,000 shares15,20,000 shares
Issue Size Total (Amount)up to ₹22.92 Crup to ₹1.52 Cr

IPO Timetable

Dynamic IPO opens on Sep 30, 2021, while Promax Power IPO opens on Sep 30, 2021. The closing date of Dynamic IPO and Promax Power IPO is Oct 05, 2021, and Oct 04, 2021, respectively.

 Dynamic IPOPromax Power IPO
Anchor Bid Date
Issue OpenSep 30, 2021Sep 30, 2021
Issue CloseOct 05, 2021Oct 04, 2021
Basis Of Allotment (Tentative)Oct 08, 2021Oct 07, 2021
Initiation of Refunds (Tentative)Oct 11, 2021Oct 08, 2021
Credit of Share (Tentative)Oct 12, 2021Oct 11, 2021
Listing date (Tentative)Oct 13, 2021Oct 12, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Dynamic IPO P/E ratio is , as compared to Promax Power IPO P/E ratio of .

 Dynamic IPOPromax Power IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 710.57 816.21 480.91
Total Revenue 709.63 4.65 4.34
Profit After Tax 10.39 0.15 0.09
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 204.30 206.64 0.14
Total Revenue 368.89 77.63 NA
Profit After Tax 1.7839 3.1147 (0.0001)
Promoter Shareholding (Pre-Issue)74.0299.99
Promoter Shareholding (Post-Issue)48.1173.33
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Dynamic IPO Retail Individual Investors (RII) are offered 22,48,000 shares while in Promax Power IPO retail investors are offered 22,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Dynamic IPO and in Promax Power IPO.

 Dynamic IPOPromax Power IPO
Anchor Investor Reserveration
Market Maker Reserveration2,38,000 shares80,000 shares
QIB
NII22,46,000 shares7,60,000 shares
RII22,48,000 shares7,60,000 shares
Employee
Others
Total44,94,000 shares15,20,000 shares

Bids Received (Subscription)

Dynamic IPO subscribed 1.94x in total, whereas Promax Power IPO subscribed 6.89x.

 Dynamic IPOPromax Power IPO
QIB (times)
NII (times)2.33x2.39x
Big NII (times)
Small NII (times)
RII (times)1.56x11.38x
Employee (times)
Other (times)
Total (times)1.94x6.89x