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Ducol Organics IPO vs Earthstahl IPO

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.

 Ducol Organics IPOEarthstahl IPO
LogoDucol Organics IPO LogoEarthstahl IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersFirst Overseas Capital Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerBhh Securities Pvt.Ltd.Hem Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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.

 Ducol Organics IPOEarthstahl IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹38.00 per share
Issue Price (Upper)₹40.00 per share
Issue Price (Final)₹78.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size36,38,400 shares30,72,000 shares
Fresh Issue Size (Amount)up to ₹28.38 Crup to ₹12.29 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,38,400 shares30,72,000 shares
Issue Size Total (Amount)up to ₹28.38 Crup to ₹12.29 Cr

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 IPOEarthstahl IPO
Anchor Bid Date
Issue OpenJan 09, 2023Jan 27, 2023
Issue CloseJan 11, 2023Jan 31, 2023
Basis Of Allotment (Tentative)Jan 16, 2023Feb 03, 2023
Initiation of Refunds (Tentative)Jan 17, 2023Feb 06, 2023
Credit of Share (Tentative)Jan 18, 2023Feb 07, 2023
Listing date (Tentative)Jan 19, 2023Feb 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.

 Ducol Organics IPOEarthstahl IPO
Financials
Ducol Organics And Colours Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-206140.427372.1371405.681105.682296.91
31-Mar-215710.127885.8281.431610.631389.941656.68
31-Mar-226347.518893.61491.112089.571853.141991.51
30-Sep-226055.334874.8417.222484.831490.351350.01
Amount in ₹ Lakhs
Earthstahl & Alloys Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,990.733,181.58-33.4944.24200.221,733.71
31-Mar-212,817.232,457.53267.31311.55467.531,396.82
31-Mar-223,592.614,907.54745.481,057.031,213.011,399.97
30-Sep-224,303.344,824.68580.471,637.501,793.481,092.93
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)79.46100.00
Promoter Shareholding (Post-Issue)57.3873.53
P/E Ratio13.594.22
Market Cap₹113.41 Cr.₹48.96 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

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 IPOEarthstahl IPO
Anchor Investor Reserveration
Market Maker Reserveration4,01,600 shares1,68,000 shares
QIB9,18,000 shares
NII18,19,200 shares10,77,000 shares
RII18,19,200 shares10,77,000 shares
Employee
Others
Total36,38,400 shares30,72,000 shares

Bids Received (Subscription)

Ducol Organics IPO subscribed 44.63x in total, whereas Earthstahl IPO subscribed 235.18x.

 Ducol Organics IPOEarthstahl IPO
QIB (times)39.83x
NII (times)58.15x445.09x
Big NII (times)
Small NII (times)
RII (times)31.11x191.77x
Employee (times)
Other (times)
Total (times)44.63x235.18x