DHARNI Capital IPO vs Eastern Logica Infoway IPO

Comparison between DHARNI Capital IPO and Eastern Logica Infoway IPO.

IPO Details

DHARNI Capital IPO is a SME Fixed Price IPO proposed to list at BSE SME while Eastern Logica Infoway IPO is a SME Fixed Price 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 Eastern Logica Infoway IPO is up to ₹16.07 Cr. The final issue price of DHARNI Capital IPO is ₹20.00 per share and of Eastern Logica Infoway IPO is ₹225.00 per share.

 DHARNI Capital IPOEastern Logica Infoway IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹20.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares600 shares
Fresh Issue Size51,00,000 shares6,25,200 shares
Fresh Issue Size (Amount)up to ₹10.20 Crup to ₹14.07 Cr
OFS Issue Size0 shares88,800 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.00 Cr
Issue Size Total51,00,000 shares7,14,000 shares
Issue Size Total (Amount)up to ₹10.20 Crup to ₹16.07 Cr

IPO Timetable

DHARNI Capital IPO opens on Jan 18, 2023, while Eastern Logica Infoway IPO opens on Jan 05, 2023. The closing date of DHARNI Capital IPO and Eastern Logica Infoway IPO is Jan 20, 2023, and Jan 09, 2023, respectively.

Financials & KPIs

DHARNI Capital IPO P/E ratio is 34.48, as compared to Eastern Logica Infoway IPO P/E ratio of 24.09.

 DHARNI Capital IPOEastern Logica Infoway IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets2.932.450.250.19
Total Income3.0514.692.550.20
Profit After Tax0.590.970.150.01
NET Worth2.862.270.11-0.04
Reserves and Surplus0.000.000.000.00
Total Borrowing0.000.000.090.22
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets125.62126.64103.2484.91
Total Income305.04615.58447.03498.83
Profit After Tax1.332.852.341.82
NET Worth36.0334.7031.2628.33
Reserves and Surplus33.8532.5229.1126.23
Total Borrowing56.9559.6844.1429.32
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)73.6473.59
P/E Ratio34.4824.09
Market Cap₹40.74 Cr.₹64.14 Cr.
ROE8.22
ROCE20.34
Debt/Equity1.72
EPS₹5.46₹13.24
RoNW42.68.22

Shares Offered

In the DHARNI Capital IPO Retail Individual Investors (RII) are offered 25,50,000 shares while in Eastern Logica Infoway IPO retail investors are offered 25,50,000 shares. Qualified Institutional Buyers (QIB) are offered in DHARNI Capital IPO and in Eastern Logica Infoway IPO.

 DHARNI Capital IPOEastern Logica Infoway IPO
Anchor Investor Reservation
Market Maker Reservation2,70,000 shares39,000 shares
QIB
NII25,50,000 shares3,57,000 shares
RII25,50,000 shares3,57,000 shares
Employee
Others
Total51,00,000 shares7,14,000 shares

Bids Received (Subscription)

DHARNI Capital IPO subscribed 6.57x in total, whereas Eastern Logica Infoway IPO subscribed 1.74x.

Compare with others

Compare: