Comparison between Ducol Organics IPO and Earthstahl IPO.
IPO Details
Ducol Organics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Earthstahl IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Ducol Organics IPO is up to ₹28.38 Cr whereas the issue size of the Earthstahl IPO is up to ₹12.29 Cr. The final issue price of Ducol Organics IPO is ₹78.00 per share and of Earthstahl IPO is ₹40.00 per share.
IPO Timetable
Ducol Organics IPO opens on Jan 09, 2023, while Earthstahl IPO opens on Jan 27, 2023. The closing date of Ducol Organics IPO and Earthstahl IPO is Jan 11, 2023, and Jan 31, 2023, respectively.
| | Ducol Organics IPO | Earthstahl IPO |
|---|
| Anchor Bid Date | | |
| Issue Open | Jan 09, 2023 | Jan 27, 2023 |
| Issue Close | Jan 11, 2023 | Jan 31, 2023 |
| Basis Of Allotment (Tentative) | Jan 16, 2023 | Feb 03, 2023 |
| Initiation of Refunds (Tentative) | Jan 17, 2023 | Feb 06, 2023 |
| Credit of Share (Tentative) | Jan 18, 2023 | Feb 07, 2023 |
| Listing date (Tentative) | Jan 19, 2023 | Feb 08, 2023 |
| Anchor Lockin End date 1 | | |
| Anchor Lockin End date 2 | | |
Financials & KPIs
Ducol Organics IPO P/E ratio is 13.59, as compared to Earthstahl IPO P/E ratio of 4.22.
Shares Offered
In the Ducol Organics IPO Retail Individual Investors (RII) are offered 18,19,200 shares while in Earthstahl IPO retail investors are offered 18,19,200 shares. Qualified Institutional Buyers (QIB) are offered in Ducol Organics IPO and 9,18,000 shares in Earthstahl IPO.
| | Ducol Organics IPO | Earthstahl IPO |
|---|
| Anchor Investor Reservation | | |
| Market Maker Reservation | 4,01,600 shares | 1,68,000 shares |
| QIB | | 9,18,000 shares |
| NII | 18,19,200 shares | 10,77,000 shares |
| RII | 18,19,200 shares | 10,77,000 shares |
| Employee | | |
| Others | | |
| Total | 36,38,400 shares | 30,72,000 shares |
Bids Received (Subscription)
Ducol Organics IPO subscribed 44.63x in total, whereas Earthstahl IPO subscribed 235.18x.