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.
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.
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 IPO | Promax Power IPO |
|---|
| Issue Open | Sep 30, 2021 | Sep 30, 2021 |
| Issue Close | Oct 05, 2021 | Oct 04, 2021 |
| Basis Of Allotment (Tentative) | Oct 08, 2021 | Oct 07, 2021 |
| Initiation of Refunds (Tentative) | Oct 11, 2021 | Oct 08, 2021 |
| Credit of Share (Tentative) | Oct 12, 2021 | Oct 11, 2021 |
| Listing date (Tentative) | Oct 13, 2021 | Oct 12, 2021 |
Financials & KPIs
Dynamic IPO P/E ratio is , as compared to Promax Power IPO P/E ratio of .
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 IPO | Promax Power IPO |
|---|
| Market Maker Reservation | 2,38,000 shares | 80,000 shares |
| NII | 22,46,000 shares | 7,60,000 shares |
| RII | 22,48,000 shares | 7,60,000 shares |
| Total | 44,94,000 shares | 15,20,000 shares |
Bids Received (Subscription)
Dynamic IPO subscribed 1.94x in total, whereas Promax Power IPO subscribed 6.89x.
