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.
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.
| | DHARNI Capital IPO | Eastern Logica Infoway IPO |
|---|
| Issue Open | Jan 18, 2023 | Jan 05, 2023 |
| Issue Close | Jan 20, 2023 | Jan 09, 2023 |
| Basis Of Allotment (Tentative) | Jan 25, 2023 | Jan 12, 2023 |
| Initiation of Refunds (Tentative) | Jan 27, 2023 | Jan 13, 2023 |
| Credit of Share (Tentative) | Jan 30, 2023 | Jan 16, 2023 |
| Listing date (Tentative) | Jan 31, 2023 | Jan 17, 2023 |
Financials & KPIs
DHARNI Capital IPO P/E ratio is 34.48, as compared to Eastern Logica Infoway IPO P/E ratio of 24.09.
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 0 shares in Eastern Logica Infoway IPO.
| | DHARNI Capital IPO | Eastern Logica Infoway IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 2,70,000 shares | 39,000 shares |
| QIB | | 0 shares |
| NII | 25,50,000 shares | 3,57,000 shares |
| RII | 25,50,000 shares | 3,57,000 shares |
| Employee | | 0 shares |
| Total | 51,00,000 shares | 7,14,000 shares |
Bids Received (Subscription)
DHARNI Capital IPO subscribed 6.57x in total, whereas Eastern Logica Infoway IPO subscribed 1.74x.
