Comparison between DHARNI Capital IPO and Earthstahl IPO.
IPO Details
DHARNI Capital IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Earthstahl IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of DHARNI Capital IPO is up to ₹10.20 Cr whereas the issue size of the Earthstahl IPO is up to ₹12.29 Cr. The final issue price of DHARNI Capital IPO is ₹20.00 per share and of Earthstahl IPO is ₹40.00 per share.
IPO Timetable
DHARNI Capital IPO opens on Jan 18, 2023, while Earthstahl IPO opens on Jan 27, 2023. The closing date of DHARNI Capital IPO and Earthstahl IPO is Jan 20, 2023, and Jan 31, 2023, respectively.
| | DHARNI Capital IPO | Earthstahl IPO |
|---|
| Anchor Bid Date | | |
| Issue Open | Jan 18, 2023 | Jan 27, 2023 |
| Issue Close | Jan 20, 2023 | Jan 31, 2023 |
| Basis Of Allotment (Tentative) | Jan 25, 2023 | Feb 03, 2023 |
| Initiation of Refunds (Tentative) | Jan 27, 2023 | Feb 06, 2023 |
| Credit of Share (Tentative) | Jan 30, 2023 | Feb 07, 2023 |
| Listing date (Tentative) | Jan 31, 2023 | Feb 08, 2023 |
| Anchor Lockin End date 1 | | |
| Anchor Lockin End date 2 | | |
Financials & KPIs
DHARNI Capital IPO P/E ratio is 34.48, as compared to Earthstahl IPO P/E ratio of 4.22.
Shares Offered
In the DHARNI Capital IPO Retail Individual Investors (RII) are offered 25,50,000 shares while in Earthstahl IPO retail investors are offered 25,50,000 shares. Qualified Institutional Buyers (QIB) are offered in DHARNI Capital IPO and 9,18,000 shares in Earthstahl IPO.
| | DHARNI Capital IPO | Earthstahl IPO |
|---|
| Anchor Investor Reservation | | |
| Market Maker Reservation | 2,70,000 shares | 1,68,000 shares |
| QIB | | 9,18,000 shares |
| NII | 25,50,000 shares | 10,77,000 shares |
| RII | 25,50,000 shares | 10,77,000 shares |
| Employee | | |
| Others | | |
| Total | 51,00,000 shares | 30,72,000 shares |
Bids Received (Subscription)
DHARNI Capital IPO subscribed 6.57x in total, whereas Earthstahl IPO subscribed 235.18x.
